Progressive Hope House Inc
- Assets
- $2.2m
- Revenue
- $386.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Decatur, GA
- Founding
- 05/2002
- Data as of
- 12/2023
- EIN
- 58-2658989
Organization Overview
Progressive Hope House Inc is located in Decatur, GA. The organization was established in 2002. 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. Progressive Hope House 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 12/2023, Progressive Hope House Inc generated $386.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $379.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADDICTION TREATMENT AND TRANSITIONAL HOUSING SERVICES TO HOMELESS ADULT MALES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ADDICTION TREATMENT, TRANSITIONAL HOUSING AND RELAPSE PREVENTION SERVICES IN A 70-BED FACILITY IN DOWNTOWN ATLANTA. AMONG AVAILABLE SERVICES, HOMELESS ADULT MALE MEMBERS RECEIVE CASE MANAGEMENT, JOB READINESS SKILLS AND DAILY MEALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colin Edelstein Chair | OfficerTrustee | 2 | $0 |
Thurston Cooke Treasurer | OfficerTrustee | 2 | $0 |
Jeff Adams Director | Trustee | 1 | $0 |
Lawrence Elder Director | Trustee | 1 | $0 |
Lee Carroll Director | Trustee | 1 | $0 |
Kenneth Days Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $32,400 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,400 |
| Total Program Service Revenue | $348,668 |
| Investment income | $345 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $386,413 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $18,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,480 |
| Advertising and promotion | $0 |
| Office expenses | $20,912 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $127,819 |
| 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 | $116,870 |
| Insurance | $17,788 |
| All other expenses | $0 |
| Total functional expenses | $379,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,786 |
| Savings and temporary cash investments | $55,315 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $317,933 |
| 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 | $9,570 |
| Net Land, buildings, and equipment | $1,745,337 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,242,941 |
| Accounts payable and accrued expenses | $49,108 |
| 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 | $49,108 |
| Net assets without donor restrictions | -$36,105 |
| Net assets with donor restrictions | $2,229,938 |
| 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 | $2,242,941 |