Operation Home Inc
- Assets
- $702.1k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 5
- Location
- North Charleston, SC
- Founding
- 08/1999
- Data as of
- 12/2022
- EIN
- 62-1745925
Organization Overview
Operation Home Inc is located in North Charleston, SC. The organization was established in 1999. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Operation Home Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Home 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 12/2022, Operation Home Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 11.3% per year over the past 8 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
OPERATION HOME'S MISSION IS TO HELP PEOPLE REMAIN IN THEIR HOMES BY INCREASING SAFETY AND ACCESSIBILITY BY FACILITATING CRITICAL HOME REPAIRS IN CHARLESTON, DORCHESTER, AND BERKELEY COUNTIES IN THE SOUTH CAROLINA LOWCOUNTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOME REPAIR PROGRAM FACILITATES CRITICAL HOME REPAIRS AND HOME MODIFICATIONS TO LOW INCOME HOMEOWNERS. THE ORGANIZATION WORKS WITH AN EXPERIENCED NETWORK OF CONTRACTORS TO CARRY OUT THESE REPAIRS. ELIGIBLE HOMEOWNERS ARE REFERRED TO THIS PROGRAM FROM CHURCHES, HOSPITALS, COMMUNITY LEADERS, AND OTHER HUMAN SERVICE AGENCIES THROUGHOUT THE TRI-COUNTY AREA. TO RECEIVE ASSISTANCE, HOMEOWNERS MUST RECEIVE A COMBINED MONTHLY INCOME THAT IS LESS THAN 50% OF THE AREA MEDIAN INCOME. HOUSEHOLDS HAVE EITHER A CHILD, A PERSON WITH A DISABILITY, OR AN OLDER ADULT. THE ORGANIZATION ASSISTED 108 FAMILIES THROUGH 63 CRITICAL HOME REPAIRS AND BUILDING 45 WHEELCHAIR RAMPS IN 2022 THROUGH THE HOME REPAIR PROGRAM.
THE HEAT AND COLD RELIEF PROGRAM PROVIDES AIR CONDITIONERS AND HEATERS TO PERSONS WHO HAVE NO OTHER WAY TO ADEQUATELY COOL OR HEAT THEIR HOMES. THE ORGANIZATION ASSISTED 896 FAMILIES IN 2022 THROUGH THE HEAT AND COLD RELIEF PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teddy Hendricks Vice President | OfficerTrustee | 1 | $0 |
Jennifer Campbell Treasurer | OfficerTrustee | 1 | $0 |
Dj Van Slambrook Secretary | OfficerTrustee | 1 | $0 |
Jay Claypoole President | OfficerTrustee | 1 | $0 |
Shannon Williams Past President | Trustee | 1 | $0 |
Brad Wood Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $857,333 |
| All other contributions, gifts, grants, and similar amounts not included above | $141,410 |
| Noncash contributions included in lines 1a–1f | $64,833 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $998,743 |
| Total Program Service Revenue | $0 |
| Investment income | $220 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $376,967 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,375,930 |
| 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. | $89,140 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,916 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,823 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,000 |
| Advertising and promotion | $12,433 |
| Office expenses | $13,251 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,988 |
| Travel | $6,334 |
| 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 | $0 |
| Insurance | $9,955 |
| All other expenses | $15,082 |
| Total functional expenses | $1,241,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $470,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $229,486 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,137 |
| Total assets | $702,104 |
| Accounts payable and accrued expenses | $82,492 |
| 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 | $82,492 |
| Net assets without donor restrictions | $445,142 |
| Net assets with donor restrictions | $174,470 |
| 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 | $702,104 |