Hope In The Mountains Incorporated
- Assets
- $275.9k
- Revenue
- $116.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Beckley, WV
- Founding
- Data as of
- 06/2024
- EIN
- 85-2104121
Organization Overview
Hope In The Mountains Incorporated is located in Beckley, WV. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope In The Mountains Incorporated 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 06/2024, Hope In The Mountains Incorporated generated $116.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $56.6k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CREATE A GATHERING PLACE FOR THE COMMUNITY THAT IS SAFE, WELCOMING AND POSITIVE. A PLACE FOR RELATIONSHIP BUILDING, BUILDING LIFE SKILLS AND DEVELOPING POSITIVE LIFE EXPERIENCES. PROVIDE LIFE SKILLS TRAINING AND SUPPORT AND SUPPORT GROUP OPPORTUNITIES FOR ENCOURAGING POSITIVE LIFE OPTIONS WITH OUTREACH TO THOSE LIVING IN LOCAL AREAS. OFFER COMMUNITY SUPPORT THROUGH EMERGENCY CLOTHING BANK, FOOD PANTY, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OUTREACH CENTER OFFERING PRACTICAL LIFE SKILLS AND TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chip Bennett Director | OfficerTrustee | $0 | |
Ellen File Director | OfficerTrustee | $0 | |
Laura Fygetakes Director | OfficerTrustee | $0 | |
Gary Hartsog Secretary | OfficerTrustee | $0 | |
Terry Hudson Director | OfficerTrustee | $0 | |
Betsy Evans Ingstrup Director | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,892 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,892 |
| Total Program Service Revenue | $0 |
| Investment income | $222 |
| 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 | $116,114 |
| 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 | $15,714 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $500 |
| 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 | $11,040 |
| Advertising and promotion | $0 |
| Office expenses | $4,396 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,115 |
| 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 | $5,894 |
| Insurance | $4,447 |
| All other expenses | $1,461 |
| Total functional expenses | $56,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,766 |
| Savings and temporary cash investments | $101,241 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $169,861 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $275,868 |
| Accounts payable and accrued expenses | $644 |
| 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 | $644 |
| Net assets without donor restrictions | $275,224 |
| Net assets with donor restrictions | $0 |
| 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 | $275,868 |