Beacon Of Hope Emergency Shelter Inc
- Assets
- $2.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winchester, KY
- Founding
- 12/2014
- Data as of
- 12/2020
- EIN
- 47-2374897
Organization Overview
Beacon Of Hope Emergency Shelter Inc is located in Winchester, KY. The organization was established in 2014. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Of Hope Emergency Shelter Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Beacon Of Hope Emergency Shelter Inc generated $77.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $81.9k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Grigsby Treasurer | 25 | $0 | |
Michele Bradford President | 60 | $0 | |
Micki Wright Vice President | 10 | $0 | |
Saundra Snowden Secretary | 20 | $0 | |
Matthew Vanover Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,650 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $69,809 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,075 |
| Total expenses | $81,884 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,905 |
| Other assets | $0 |
| Total assets | $2,905 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,905 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Beacon Of Hope Emergency Shelter Inc has recieved totaling $27,033.
| Awarding Organization | Amount |
|---|---|
Blue Grass Community Foundation Inc Lexington, KY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $26,968 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $65 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Next Door Nashville, TN | $9,790,699 | $10,091,124 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Shelterhouse Volunteer Group Cincinnati, OH | $26,369,739 | $9,497,245 |
Faith Mission Inc Worthington, OH | $14,023,836 | $10,130,756 |
Dupage P A D S Inc Wheaton, IL | $16,069,911 | $10,468,502 |
Sheltered Inc Springfield, OH | $1,726,715 | $7,968,914 |
Restart Inc Kansas City, MO | $6,621,835 | $7,572,954 |
Bethany House Services Inc Cincinnati, OH | $21,282,527 | $10,582,813 |
La Casa Norte Chicago, IL | $17,596,315 | $9,177,000 |
Depaul Usa Inc Chicago, IL | $9,840,575 | $10,359,318 |
Home Of The Sparrow Inc McHenry, IL | $8,853,100 | $7,775,187 |
Welcome House Of Northern Kentucky Inc Covington, KY | $15,337,370 | $7,502,919 |