Civic Intelligence

Only Hope Wnc

990EZ • Fiscal year 2022 • EIN 45-3751833

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 16, 2023

PO Box 394Hendersonville, NC 28793

(828) 693-5499

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

72nd percentile

25%

Higher net margin than 72% of similar nonprofits.

2022 filings • NTEE P • <$500k nonprofits • Source year 2022

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2022 filings • NTEE P • <$500k nonprofits • Source year 2022

Asset Growth

98th percentile

854%

Faster asset growth than 98% of similar nonprofits.

2022 filings • NTEE P • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

247%

Faster revenue growth than 93% of similar nonprofits.

2022 filings • NTEE P • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$48,167

Up $43,120 (+854%) from 2021

Net Assets

Up

$48,167

Up $43,120 (+854%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$173,136

Up $123,176 (+247%) from 2021

Expenses

Up

$130,016

Up $83,418 (+179%) from 2021

Net Income

Up

$43,120

Up $39,758 (+1183%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2022

Assets$48,167
Liabilities-
Net Assets$48,167

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$173,136
Expenses$130,016
Net Income$43,120
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$173,136
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 59 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$29,595
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 3102 youth in 2022. This service is based on availability.$0$27,282
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 42 people was apart of this night with more than 100 people come by to learn more information.$0$3,885
Compensation and Service Providers

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
2023-10-16
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| Sleepout Event, $3885.00| Dream Home Shelter Expeneses, $29595.00| Food Expeneses, $15277.00| Youth Clothing, $2710.00| Youth Medical Expenses CoPays, $516.00| Assistance Fund - From time to time requests come in for things not located in our pantry. Whether it be gas for a car clothing for a job interview class dues sports participation fees or graduation expenses we have an an emergency fund set up to provide assistance to homeless students. Based on availability assistance may also be given to help with utility bills., $25590.00| Christmas Holiday Birthdays, $1692.00| Youth Activities, $3360.00| Educational, $2648.00|

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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 3102 youth in 2022. 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:| Sleepout Event, $3885.00| Dream Home Shelter Expeneses, $29595.00| Food Expeneses, $15277.00| Youth Clothing, $2710.00| Youth Medical Expenses CoPays, $516.00| Assistance Fund - From time to time requests come in for things not located in our pantry. Whether it be gas for a car clothing for a job interview class dues sports participation fees or graduation expenses we have an an emergency fund set up to provide assistance to homeless students. Based on availability assistance may also be given to help with utility bills., $25590.00| Christmas Holiday Birthdays, $1692.00| Youth Activities, $3360.00| Educational, $2648.00|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Absher
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ONLY HOPE WNC
ReturnHeader/Filer/BusinessNameControlTxt0ONLY
ReturnHeader/Filer/EIN0453751833
ReturnHeader/Filer/ForeignPhoneNum08286935499
ReturnHeader/Filer/InCareOfNm0% Michael Absher
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 394
ReturnHeader/Filer/USAddress/CityNm0Hendersonville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028793
ReturnHeader/ReturnTs02023-10-16T06:41:13-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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