Hope And Home
- Assets
- $12.7m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 88
- Location
- Colorado Springs, CO
- Founding
- 10/1998
- Data as of
- 08/2022
- EIN
- 84-1467476
Organization Overview
Hope And Home is located in Colorado Springs, CO. The organization was established in 1998. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 08/2022, Hope And Home employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope And Home 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 08/2022, Hope And Home generated $9.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $7.9m during the year ending 08/2022. While expenses have increased by 14.5% per year over the past 7 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 END HOMELESSNESS FOR CHILDREN IN EL PASO COUNTY, COLORADO AND SURROUNDING AREAS THROUGH TIMELY, PERMANENT REUNIFICATION OF FOSTER CHILDREN WITH THEIR FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOPE AND A HOME TO ABANDONED CHILDREN BY PLACING THEM IN SAFE, HEALTHY FOSTER HOMES OR THROUGH ADOPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Wright Executive Director | Officer | 50 | $238,576 |
Kate Labach Chairperson | OfficerTrustee | 2 | $0 |
Dick Schultz Vice Chairman | OfficerTrustee | 2 | $0 |
Teresita Tirona Vice Chairperson | OfficerTrustee | 2 | $0 |
Cheryl Johnson Director | Trustee | 1 | $0 |
Keith Cross Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $74,738 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,621,666 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,696,404 |
| Total Program Service Revenue | $8,075,292 |
| Investment income | $27,020 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$714 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,895,799 |
| 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. | $253,267 |
| Compensation of current officers, directors, key employees. | $39,166 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,193,779 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $112,892 |
| Payroll taxes | $192,762 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,387 |
| Fees for services: Accounting | $19,246 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $549,928 |
| Office expenses | $169,761 |
| Information technology | $69,725 |
| Royalties | $0 |
| Occupancy | $41,421 |
| Travel | $87,120 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,909 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,406 |
| Insurance | $106,448 |
| All other expenses | $85,202 |
| Total functional expenses | $7,894,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,025,381 |
| Savings and temporary cash investments | $6,355,943 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $682,318 |
| 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 | $119,848 |
| Net Land, buildings, and equipment | $1,897,448 |
| Investments—publicly traded securities | $1,263,473 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $343,052 |
| Total assets | $12,687,463 |
| Accounts payable and accrued expenses | $398,683 |
| 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 | $1,306,760 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $343,052 |
| Total liabilities | $2,048,495 |
| Net assets without donor restrictions | $10,500,114 |
| Net assets with donor restrictions | $138,854 |
| 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 | $12,687,463 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Hope And Home has recieved totaling $94,130.
| Awarding Organization | Amount |
|---|---|
Woodford Manufacturing Charities Inc Colorado Springs, CO PURPOSE: Charitable Purpose of the Organization | $52,544 |
Jerome V Bruni Foundation Colorado Springs, CO PURPOSE: HUMANITARIAN | $10,000 |
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING ACCOUNT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $8,250 |
Agur Foundation Foxfield, CO PURPOSE: PLACEMENT OF ORPHANED CHILDREN | $5,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clayton Early Learning Denver, CO | $55,457,457 | $17,594,627 |
Kansas Childrens Service League Wichita, KS | $10,344,235 | $17,651,176 |
Youth Development Institute Phoenix, AZ | $7,642,122 | $15,390,888 |
Crossroads Youth & Family Services Inc Norman, OK | $6,187,416 | $14,829,861 |
A Precious Child Inc Broomfield, CO | $10,651,409 | $12,095,666 |
Tennyson Center For Children At Colorado Christian Home Denver, CO | $16,755,505 | $11,768,822 |
Arizona Baptist Childrens Services Tucson, AZ | $6,943,663 | $9,654,753 |
Child Saving Institute Inc Omaha, NE | $4,800,291 | $9,949,776 |
Hope And Home Colorado Springs, CO | $12,687,463 | $9,895,799 |
Jewish Family Services Overland Park, KS | $6,199,926 | $6,327,119 |
Mainstream Nonprofit Solutions Inc Emporia, KS | $4,572,683 | $7,234,026 |
Arizona Youth & Family Services Inc Phoenix, AZ | $5,104,279 | $4,858,815 |