Civic Intelligence

Only Hope Wnc

EIN 45-3751833 • 501(c)3 • Hendersonville, NC

Pub. 78 Eligible990-N CoverageNTEE P85

Profile

Serving the Homeless and At-Risk Youth of WNC

PO Box 394Hendersonville, NC 28793

www.onlyhopewnc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

28th percentile

-3.2%

Higher net margin than 28% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2023

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE P85 • <$500k nonprofits • Source year 2023

Asset Growth

33rd percentile

-13%

Faster asset growth than 33% of similar nonprofits.

NTEE P • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

8.4%

Faster revenue growth than 56% of similar nonprofits.

NTEE P • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$42,111

Down $6,056 (-13%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$42,111

Down $6,056 (-13%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin28th percentile

Revenue

Up

$187,654

Up $14,518 (+8.4%) from 2022

Expenses

Up

$193,710

Up $63,694 (+49%) from 2022

Net Income

Down

-$6,056

Down $49,176 (-114%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth33rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2019: $1,685Net Assets 2019: $1,6852019Assets 2020: $18,286Net Assets 2020: $18,2862020Assets 2021: $5,047Net Assets 2021: $5,0472021Assets 2022: $48,167Net Assets 2022: $48,1672022Assets 2023: $42,111Net Assets 2023: $42,1112023

Highlighted filing

2023

Assets$42,111
Liabilities-
Net Assets$42,111
Open 2023 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2019: $56,634Expenses 2019: $56,093Net Income 2019: $5412019Revenue 2020: $161,334Expenses 2020: $144,733Net Income 2020: $16,6012020Revenue 2021: $49,960Expenses 2021: $46,598Net Income 2021: $3,3622021Revenue 2022: $173,136Expenses 2022: $130,016Net Income 2022: $43,1202022Revenue 2023: $187,654Expenses 2023: $193,710Net Income 2023: -$6,0562023

Highlighted filing

2023

Revenue$187,654
Expenses$193,710
Net Income-$6,056
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42,111
Liabilities
-
Net assets
$42,111
Revenue
$187,654
Expenses
$193,710
Net income
-$6,056
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.42$1.88$1.94$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.48$0.48$1.73$1.30$0.43
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.50$0.47$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.18$1.61$1.45$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.57$0.56$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 16, 2024
Return Version
2023v5.1
Gross Receipts
$189,200
Mission and Program Overview

Mission

Serving the Homeless and At-Risk Youth of WNC

Serving the Homeless Youth of WNC

Program Services

DescriptionGrantsExpenses
Dream Home Program - This is our housing program for Homeless Teenage Guys serving 83 Youths. This included serves in this program of Food Clothing Medical Care Equipment Personal Expenses and Activities; this program has five beds available to any who need them.$0$39,677
Assistance Fund- From time to time requests come in for things not located in our pantry. It could be gas cards clothing for jobs class dues sports participation fees graduation expenses. This fund served 4201 youth in 2023. This service is based on availability.$0$0
Sleepout Outreach Event - This is to help people in the community see the homeless issue by spending one night one the steps of the court house this expense is for shirts wristbands food. Last year 51 people was apart of this night with more than 100 people come by to learn more information.$0$0
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael AbsherCEOFT$0--
Vickie SandersBoard MemberPT$0--
Carol BrownSecretaryPT$0--
Paula CarpenterBoard MemberPT$0--
Kim FletcherBoard Member-$0--
Jennifer WebbTreasurer-$0--
Franklin EdneyBoard MemberPT$0--
Kyle barkerBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Only Hope Wnc
EIN
45-3751833
In Care Of
% Michael Absher
Address
PO BOX 394, Hendersonville, NC 28793

Signing Officer

Name
Michael Absher
Title
CEO President
Signed
2024-11-16
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Dream Home, $39677.00| Assistance Fund, $7065.00| Healthy Transitions, $40000.00|”

Part V, line 33

“| Activity Name:, Description:| Healthy Transitions Grant MOU, Last year of Helping with Healthy Transitions Funding|”

Raw XML Appendix206 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Assistance Fund- From time to time requests come in for things not located in our pantry. It could be gas cards clothing for jobs class dues sports participation fees graduation expenses. This fund served 4201 youth in 2023. This service is based on availability.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| Name of the Contributor:, Date of Grant:, Year:, Amount:, Description:| Donor, 10 03 2022, "2022", $89686, SAMSA Funding to help with youth in the area Funding Came through VAYA then Pathways FPS|
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Dream Home, $39677.00| Assistance Fund, $7065.00| Healthy Transitions, $40000.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Activity Name:, Description:| Healthy Transitions Grant MOU, Last year of Helping with Healthy Transitions Funding|
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-16
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ReturnHeader/Filer/BusinessNameControlTxt0ONLY
ReturnHeader/Filer/EIN0453751833
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ReturnHeader/Filer/USAddress/CityNm0Hendersonville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028793
ReturnHeader/ReturnTs02024-11-16T02:32:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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