Just Hope Foundation
- Assets
- $840.9k
- Revenue
- $245.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 12/2011
- Data as of
- 12/2022
- EIN
- 90-0678282
Organization Overview
Just Hope Foundation is located in Brentwood, TN. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Just Hope Foundation 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, Just Hope Foundation generated $245.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (70.3%) each year. All expenses for the organization totaled $826.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Turner President | 0.5 | $0 | |
Karen Bruton Secretary/treasurer | 1 | $0 | |
Matt Bonner Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $245 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7 |
| Depreciation | $329 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $475 |
| Total operating and administrative expenses | $3,589 |
| Contributions, gifts, grants paid | $822,500 |
| Total expenses and disbursements | $826,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,001 |
| Savings and temporary cash investments | $832,812 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $5,083 |
| Other assets | $0 |
| Total assets | $840,896 |
| Accounts payable and accrued expenses | $5,843 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,843 |
Grants Awarded
Over the last fiscal year, Just Hope Foundation has awarded $2,858,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CAROLINA TRUST PURPOSE: TO FURTHER MISSION OF JUST HOPE FOUNDATION | $2,200,000 |
PROCLAMATION PRESBYTERIAN CHURCH PURPOSE: TO FURTHER MISSION OF JUST HOPE FOUNDATION | $8,000 |
VIABLE PURPOSE: TO FURTHER MISSION OF JUST HOPE FOUNDATION | $634,000 |
HELPING HANDS PURPOSE: TO FURTHER MISSION OF JUST HOPE FOUNDATION | $16,000 |