Civic Intelligence

Good Hope Hospital Inc

EIN 56-0554209 • 501(c)3 • Erwin, NC

View Organization Page

Profile

Providing inpatient mental health beds for the community

PO Box 639Erwin, NC 28339

www.goodhopehospitalinc.com

Siviq Scores

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

Liabilities / Assets

40th percentile

0.10x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

37th percentile

0.13x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

94th percentile

69%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

96th percentile

86%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

256%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$16,720,523

Up $7,710,601 (+86%) from 2023

Liabilities

Down

$1,713,751

Down $1,303,171 (-43%) from 2023

Net Assets

Up

$15,006,772

Up $9,013,772 (+150%) from 2023

Operations
Liabilities / Revenue37th percentileNet Margin94th percentile

Revenue

Up

$13,024,503

Up $9,368,296 (+256%) from 2023

Expenses

Down

$4,010,731

Down $236,491 (-5.6%) from 2023

Net Income

Up

$9,013,772

Up $9,604,787 (+1625%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $851,406Liabilities 2011: $71,833Net Assets 2011: $779,5732011Assets 2012: $2,952,091Liabilities 2012: $2,106,353Net Assets 2012: $845,7382012Assets 2013: $2,737,036Liabilities 2013: $1,912,968Net Assets 2013: $824,0682013Assets 2014: $2,891,838Liabilities 2014: $2,612,076Net Assets 2014: $279,7622014Assets 2015: $2,696,058Liabilities 2015: $2,856,744Net Assets 2015: -$160,6862015Assets 2016: $2,407,437Liabilities 2016: $3,336,975Net Assets 2016: -$929,5382016Assets 2017: $2,343,158Liabilities 2017: $3,458,422Net Assets 2017: -$1,115,2642017Assets 2021: $6,884,020Liabilities 2021: $2,216,672Net Assets 2021: $4,667,3482021Assets 2022: $8,647,172Liabilities 2022: $2,063,157Net Assets 2022: $6,584,0152022Assets 2023: $9,009,922Liabilities 2023: $3,016,922Net Assets 2023: $5,993,0002023Assets 2024: $16,720,523Liabilities 2024: $1,713,751Net Assets 2024: $15,006,7722024

Highlighted filing

2024

Assets$16,720,523
Liabilities$1,713,751
Net Assets$15,006,772
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: -$934,357Expenses 2011: $25,611Net Income 2011: -$959,9682011Revenue 2012: -$119,091Expenses 2012: $194,789Net Income 2012: -$313,8802012Revenue 2013: $1,000,687Expenses 2013: $1,024,825Net Income 2013: -$24,1382013Revenue 2014: $2,661,375Expenses 2014: $3,228,855Net Income 2014: -$567,4802014Revenue 2015: $3,805,068Expenses 2015: $4,245,516Net Income 2015: -$440,4482015Revenue 2016: $4,398,940Expenses 2016: $5,167,792Net Income 2016: -$768,8522016Revenue 2017: $4,165,959Expenses 2017: $4,351,685Net Income 2017: -$185,7262017Revenue 2021: $6,784,003Expenses 2021: $3,940,538Net Income 2021: $2,843,4652021Revenue 2022: $5,824,324Expenses 2022: $3,907,657Net Income 2022: $1,916,6672022Revenue 2023: $3,656,207Expenses 2023: $4,247,222Net Income 2023: -$591,0152023Revenue 2024: $13,024,503Expenses 2024: $4,010,731Net Income 2024: $9,013,7722024

Highlighted filing

2024

Revenue$13,024,503
Expenses$4,010,731
Net Income$9,013,772
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,720,523
Liabilities
$1,713,751
Net assets
$15,006,772
Revenue
$13,024,503
Expenses
$4,010,731
Net income
$9,013,772
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.7$1.71$15.0$13.0$4.01$9.01
2023Detailed filing. Detailed filing data is available for this year.$9.01$3.02$5.99$3.66$4.25$0.59
2022Detailed filing. Detailed filing data is available for this year.$8.65$2.06$6.58$5.82$3.91$1.92
2021Detailed filing. Detailed filing data is available for this year.$6.88$2.22$4.67$6.78$3.94$2.84
2017Summary only. Only limited summary data is available for this year.$2.34$3.46$1.12$4.17$4.35$0.19
2016Summary only. Only limited summary data is available for this year.$2.41$3.34$0.93$4.40$5.17$0.77
2015Summary only. Only limited summary data is available for this year.$2.70$2.86$0.16$3.81$4.25$0.44
2014Summary only. Only limited summary data is available for this year.$2.89$2.61$0.28$2.66$3.23$0.57
2013Summary only. Only limited summary data is available for this year.$2.74$1.91$0.82$1.00$1.02$0.02
2012Summary only. Only limited summary data is available for this year.$2.95$2.11$0.85$0.12$0.19$0.31
2011Summary only. Only limited summary data is available for this year.$0.85$0.07$0.78$0.93$0.03$0.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 24, 2025
Return Version
2024v5.2
Gross Receipts
$13,024,503
Mission and Program Overview

Mission

Providing inpatient mental health beds for the community

Inpatient mental health treatment

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$408,760$8,709,371▲ $8,300,611
Land, Buildings, and Equipment, Net$6,438,944$7,005,715▲ $566,771
Accounts Receivable$1,026,356$929,985▼ $96,371
Pledges and Grants Receivable$142,189$0▼ $142,189
Cash and Non-Interest-Bearing Accounts$558,827$75,452▼ $483,375
Total Assets$9,009,922$16,720,523▲ $7,710,601
Other Assets Total$434,846$0▼ $434,846
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,277,062$1,213,401▼ $63,661
Accounts Payable and Accrued Expenses$1,739,860$500,350▼ $1,239,510
Total Liabilities$3,016,922$1,713,751▼ $1,303,171
Net Assets / Fund Balance
Net Assets With Donor Restrictions$502,218$8,145,588▲ $7,643,370
Net Assets Without Donor Restrictions$5,490,782$6,861,184▲ $1,370,402
Total Net Assets Fund Balance$5,993,000$15,006,772▲ $9,013,772
Total Liabilities and Net Assets / Fund Balance$9,009,922$16,720,523▲ $7,710,601

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,907,906$831,985$5,739,891
Leasehold Improvements$1,505,630$1,615,144$3,120,774
Equipment$413,372$428,512$841,884
Land$131,097-$131,097
Other Land Buildings$47,710$49,098$96,808
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
N Earl Jones JrChairman
Robert P CameronVice-chairman
Jim BurginBoard Member
Kurt Vernon MdBoard Member
Linda Robinson MdBoard Member
Rodalfo Reyes MdBoard Member
Jerry EnnisSec-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,478,132
Program Service Revenue
$4,329,899
Investment Income
$173,529
Other Revenue
$42,943
Change in Net Assets
$9,013,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,010,731
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$2,090,970$606,938-$2,697,908
Depreciation Depletion$386,608$47,783-$434,391
Occupancy$176,615--$176,615
Office Expenses-$88,492-$88,492
Interest$40,138$4,961-$45,099
Other Expenses$61,714$31,625-$31,625
Information Technology$3,932$25,281-$29,213
All Other Expenses$22,441--$22,441
Royalties-$21,829-$21,829
Travel$10,439--$10,439
Total Functional Expenses$3,176,759$833,972$0$4,010,731
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The chairman and vice-chairman of the board review the return and it is then reviewed with the board.”

Form 990, Part VI, Section C, Line 19

“The chairman and vice-chairman of the board will make the documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Good Hope Hospital Inc
EIN
56-0554209
Phone
9105149451
Address
PO BOX 639, ERWIN, NC 28339

Signing Officer

Name
Robert P Cameron
Title
Vice-chairman
Phone
9105149451
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert P Cameron
Formed
1945
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Davidson Holland Whitesell & Co Pllc
Address
209 13TH AVE PLACE NW SUITE 200, HICKORY, NC 28601
Preparer
Matthew Mckinney
Phone
8283222070
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Licenses and fees : program service expenses 22,416. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,416. Training : program service expenses 25. Management and general expenses 0. Fundraising expenses 0. Total expenses 25.”

Form 990, Part XII, Line 2C,audit Oversight/selection of Independent Acct

“The organization did not change either its oversight process or selection process during the tax year; however, this question had previously been answered no because there is not a separate committee that oversees the audit of the financial statements and selects an independent accountant. The members of the board have always been responsible for these actions as outlined in the organization's governing documents. For this reason, the response has been changed to "yes" to more accurately reflect the board's responsibility regarding these functions.”

Raw XML AppendixShowing 400 of 419 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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IRS990/PYOtherExpensesAmt04247222
IRS990/PYOtherRevenueAmt01056
IRS990/PYProgramServiceRevenueAmt02680529
IRS990/PYRevenuesLessExpensesAmt0-591015
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03656207
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt09013772
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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt019600
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04372842
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt021829
IRS990/RoyaltiesGrp/TotalAmt021829
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0408760
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08709371
IRS990ScheduleA/HospitalInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04907906
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0831985
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05739891
IRS990ScheduleD/EquipmentGrp/BookValueAmt0413372
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0428512
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0841884
IRS990ScheduleD/LandGrp/BookValueAmt0131097
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0131097
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01505630
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01615144
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03120774
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt047710
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt049098
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt096808
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07005715
IRS990ScheduleH/AnnualCommunityBnftReportInd00
IRS990ScheduleH/BadDebtExpenseAmt00
IRS990ScheduleH/BadDebtExpenseReportedInd00
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IRS990ScheduleH/FinancialAssistancePolicyInd01
IRS990ScheduleH/FPGReferenceDiscountedCareInd00
IRS990ScheduleH/FPGReferenceFreeCareInd00
IRS990ScheduleH/FreeCareMedicallyIndigentInd01
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IRS990ScheduleH/HospitalFacilitiesGrp/BusinessName/BusinessNameLine1Txt0GOOD HOPE HOSPITAL INC
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IRS990ScheduleH/HospitalFacilitiesGrp/StateLicenseNum0NPI 1477812519
IRS990ScheduleH/HospitalFacilitiesGrp/USAddress/AddressLine1Txt0410 DENIM DR
IRS990ScheduleH/HospitalFacilitiesGrp/USAddress/CityNm0ERWIN
IRS990ScheduleH/HospitalFacilitiesGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleH/HospitalFacilitiesGrp/USAddress/ZIPCd028339
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IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/CHNAConductedInd00
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IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/ExplainedBasisInd00
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IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/FirstLicensedCYOrPYInd00
IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/GrossChargesInd00
IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/HospitalFacilityName/BusinessNameLine1Txt0GOOD HOPE HOSPITAL INC
IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/IncludesPublicityMeasuresInd00
IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/NondisEmergencyCarePolicyInd00
IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/OrganizationIncurExciseTaxInd00
IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/OtherReasonInd0X
IRS990ScheduleH/HospitalFcltyPoliciesPrctcGrp/TaxExemptHospitalCYOrPYInd00
IRS990ScheduleH/MedicareSurplusOrShortfallAmt0246568
IRS990ScheduleH/ReimbursedByMedicareAmt0246568
IRS990ScheduleH/SupplementalInformationGrp/ExplanationTxt0PART V, SECTION B, LINE 11: GOOD HOPE HOSPITAL IS A 16 BED MENTAL HEALTH ONLY HOSPITAL WITH NO EMERGENCY ROOM. IT HAS BEEN DETERMINED THAT A COMMUNITY HEALTH ASSESSMENT IS NOT REQUIRED FOR THIS FACILITY.
IRS990ScheduleH/SupplementalInformationGrp/ExplanationTxt1PART V, SECTION B, LINE 21D: GOOD HOPE HOSPITAL INC HAS NO EMERGENCY ROOM. IT IS COMPRISED OF 16 BEDS FOR INDIVIDUALS SUFFERING FROM MENTAL HEALTH ISSUES ONLY.
IRS990ScheduleH/SupplementalInformationGrp/FormAndLineReferenceDesc0GOOD HOPE HOSPITAL, INC.
IRS990ScheduleH/SupplementalInformationGrp/FormAndLineReferenceDesc1GOOD HOPE HOSPITAL, INC.
IRS990ScheduleH/WrittenDebtCollectionPolicyInd00
IRS990ScheduleH/WrittenPolicyInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHAIRMAN AND VICE-CHAIRMAN OF THE BOARD REVIEW THE RETURN AND IT IS THEN REVIEWED WITH THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHAIRMAN AND VICE-CHAIRMAN OF THE BOARD WILL MAKE THE DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LICENSES AND FEES : PROGRAM SERVICE EXPENSES 22,416. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,416. TRAINING : PROGRAM SERVICE EXPENSES 25. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR; HOWEVER, THIS QUESTION HAD PREVIOUSLY BEEN ANSWERED NO BECAUSE THERE IS NOT A SEPARATE COMMITTEE THAT OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTS AN INDEPENDENT ACCOUNTANT. THE MEMBERS OF THE BOARD HAVE ALWAYS BEEN RESPONSIBLE FOR THESE ACTIONS AS OUTLINED IN THE ORGANIZATION'S GOVERNING DOCUMENTS. FOR THIS REASON, THE RESPONSE HAS BEEN CHANGED TO "YES" TO MORE ACCURATELY REFLECT THE BOARD'S RESPONSIBILITY REGARDING THESE FUNCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C,AUDIT OVERSIGHT/SELECTION OF INDEPENDENT ACCT
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0501 SOUTH 8TH STREET
IRS990/USAddress/CityNm0ERWIN
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028339
IRS990/VotingMembersGoverningBodyCnt07
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IRS990/WebsiteAddressTxt0WWW.GOODHOPEHOSPITALINC.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT P CAMERON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE-CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09105149451
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOOD HOPE HOSPITAL INC
ReturnHeader/Filer/BusinessNameControlTxt0GOOD
ReturnHeader/Filer/EIN0560554209
ReturnHeader/Filer/PhoneNum09105149451

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