Hope Society Inc
- Assets
- $12.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lebanon, TN
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-3015643
Organization Overview
Hope Society Inc is located in Lebanon, TN. The organization was established in 2019. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, 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. Hope Society 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 12/2021, Hope Society Inc generated $131.7k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $125.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
William Worman President | 1 | $0 | |
Herschel Rich Board Member | 1 | $0 | |
Brandy Worman Executive Director | 40 | $0 | |
Anita Wiggs Board Member | 1 | $0 | |
Jennifer Templeton Case Manager | 20 | $0 | |
Kathryn Benson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,101 |
| Total Program Service Revenue | $0 |
| Membership dues | $107,562 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30 |
| Total Revenue | $131,693 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $10,887 |
| Salaries, other compensation, and employee benefits | $11,610 |
| Professional fees and other payments to independent contractors | $487 |
| Occupancy, rent, utilities, and maintenance | $67,039 |
| Printing, publications, postage, and shipping | $950 |
| Other expenses | $34,522 |
| Total expenses | $125,495 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,766 |
| Other assets | $0 |
| Total assets | $12,766 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,766 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Society Inc has recieved totaling $33.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Southern University Housing Foundation Inc Statesboro, GA | $249,175,255 | $10,373,698 |
Appalachian Student Housing Corporation Boone, NC | $99,024,525 | $6,456,684 |
Bloom Our Youth Inc Fayetteville, GA | $3,984,539 | $4,314,160 |
Serenity Pointe Inc Dunlap, TN | $2,490,170 | $4,102,577 |
Greenpointe Regional Housing Inc Dunn, NC | $10,308,542 | $2,284,690 |
Open Table Of Nashville Inc Nashville, TN | $444,222 | $1,157,501 |
Rainbow Village Inc Duluth, GA | $9,090,525 | $2,152,472 |
Sheffield Place Kansas City, MO | $4,172,612 | $2,183,282 |
Covenant Recovery Inc Pine Bluff, AR | $956,380 | $1,711,087 |
Veterans Life Center Raleigh, NC | $1,727,706 | $1,329,274 |
The Wellhouse Odenville, AL | $7,523,032 | $3,587,896 |
True Purpose Ministries Maryville, TN | $2,038,433 | $1,219,633 |