Loisanns Hope House
- Assets
- $1.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 23
- Location
- Fredericksburg, VA
- Founding
- 11/1985
- Data as of
- 06/2022
- EIN
- 52-1419314
Organization Overview
Loisanns Hope House is located in Fredericksburg, VA. The organization was established in 1985. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 06/2022, Loisanns Hope House employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loisanns Hope House 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 06/2022, Loisanns Hope House generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 15.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOMELESS MOTHERS AND THEIR CHILDREN WITH SAFE HOUSING AND THE OPPORTUNITIES TO TRANSITION TO SUCCESSFUL INDEPENDENT LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SHELTER, GRANTS, MEALS, PERSONAL ITEMS, LAUNDRY FACILITIES, TRANSPORTATION, BASIC BUDGET CONSULTING, AND CASE MANAGEMENT TO WOMEN AND CHILDREN, INCLUDING AFTERCARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Crittenden Executive Di | Officer | 40 | $87,501 |
Walt Kiwall Treasurer | OfficerTrustee | 2 | $0 |
Cassie Payne Secretary | OfficerTrustee | 2 | $0 |
Jeff Small Vice Chairpe | OfficerTrustee | 2 | $0 |
Adam Fried Chairperson | OfficerTrustee | 2 | $0 |
Mike Adams Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $643,833 |
| All other contributions, gifts, grants, and similar amounts not included above | $693,834 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,337,667 |
| Total Program Service Revenue | $0 |
| Investment income | $276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,642 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,349,585 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $381,272 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,501 |
| Compensation of current officers, directors, key employees. | $8,663 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $687,425 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $59,056 |
| Payroll taxes | $62,823 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $960 |
| Advertising and promotion | $4,501 |
| Office expenses | $4,966 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,398 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,004 |
| Insurance | $17,254 |
| All other expenses | $0 |
| Total functional expenses | $1,556,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,442 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $958,256 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,544 |
| Net Land, buildings, and equipment | $643,867 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,915,109 |
| Accounts payable and accrued expenses | $84,347 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $84,347 |
| Net assets without donor restrictions | $924,906 |
| Net assets with donor restrictions | $905,856 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,915,109 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Loisanns Hope House has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Lebor Family Foundation Inc Niwot, CO PURPOSE: CHARITY | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crisis Assistance Ministry Charlotte, NC | $9,210,179 | $12,946,602 |
Blessings In A Backpack Inc Louisville, KY | $14,548,161 | $11,518,539 |
Urban Ministries Of Wake County Inc Raleigh, NC | $7,262,423 | $11,747,038 |
Hca Hope Fund Nashville, TN | $21,200,285 | $11,328,129 |
Mercy Chefs Inc Portsmouth, VA | $5,186,203 | $10,305,611 |
Together Rising Falls Church, VA | $3,141,872 | $7,574,993 |
Graceworks Ministries Inc Franklin, TN | $5,757,602 | $9,107,244 |
Food For Others Inc Fairfax, VA | $7,441,575 | $8,993,169 |
Loaves & Fishes - Friendship Trays Inc Charlotte, NC | $17,869,265 | $11,460,660 |
Area Congregations In Ministry Oxford, NC | $198,194 | $6,149,344 |
Fry Plumbing And Heating Non Profit Washington, DC | $678 | $5,848,907 |
Raleigh Rescue Mission Incorporated Raleigh, NC | $5,794,848 | $6,401,459 |