Civic Intelligence

Historic Hope Foundation Inc

990 • Fiscal year 2024 • EIN 56-0959945

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 05, 2025

Organization Profilehistorichope.org
132 Hope House RoadWindsor, NC 27983

(252) 794-3140

Siviq Scores

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

Liabilities / Assets

64th percentile

0.15x

Higher debt load relative to assets than 64% of similar nonprofits.

2024 filings • NTEE A • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

0.89x

Higher debt load relative to revenue than 90% of similar nonprofits.

2024 filings • NTEE A • $1M-$5M nonprofits • Source year 2024

Net Margin

72nd percentile

26%

Higher net margin than 72% of similar nonprofits.

2024 filings • NTEE A • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2024 filings • NTEE A • $1M-$5M nonprofits • Source year 2024

Asset Growth

56th percentile

5.8%

Faster asset growth than 56% of similar nonprofits.

2024 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

60%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$1,201,058

Up $66,170 (+5.8%) from 2023

Net Assets

Up

$1,025,753

Up $39,826 (+4.0%) from 2023

Liabilities

Up

$175,305

Up $26,344 (+18%) from 2023

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin72nd percentile

Revenue

Up

$197,646

Up $74,286 (+60%) from 2023

Expenses

Down

$146,382

Down $62,612 (-30%) from 2023

Net Income

Up

$51,264

Up $136,898 (+160%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $1,277,011Liabilities 2011: $111,730Net Assets 2011: $1,165,2812011Assets 2012: $1,302,501Liabilities 2012: $219,920Net Assets 2012: $1,082,5812012Assets 2013: $1,326,425Liabilities 2013: $186,022Net Assets 2013: $1,140,4032013Assets 2014: $1,331,788Liabilities 2014: $202,479Net Assets 2014: $1,129,3092014Assets 2015: $1,273,346Liabilities 2015: $195,046Net Assets 2015: $1,078,3002015Assets 2017: $1,317,370Liabilities 2017: $170,779Net Assets 2017: $1,146,5912017Assets 2018: $1,210,739Liabilities 2018: $172,153Net Assets 2018: $1,038,5862018Assets 2019: $1,151,035Liabilities 2019: $123,557Net Assets 2019: $1,027,4782019Assets 2020: $1,196,630Liabilities 2020: $133,129Net Assets 2020: $1,063,5012020Assets 2021: $1,204,676Liabilities 2021: $127,536Net Assets 2021: $1,077,1402021Assets 2022: $1,226,173Liabilities 2022: $133,579Net Assets 2022: $1,092,5942022Assets 2023: $1,134,888Liabilities 2023: $148,961Net Assets 2023: $985,9272023Assets 2024: $1,201,058Liabilities 2024: $175,305Net Assets 2024: $1,025,7532024

Highlighted filing

2024

Assets$1,201,058
Liabilities$175,305
Net Assets$1,025,753
Open 2024 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $139,899Expenses 2011: $176,163Net Income 2011: -$36,2642011Revenue 2012: $113,745Expenses 2012: $237,403Net Income 2012: -$123,6582012Revenue 2013: $150,780Expenses 2013: $144,372Net Income 2013: $6,4082013Revenue 2014: $118,725Expenses 2014: $139,062Net Income 2014: -$20,3372014Revenue 2015: $152,464Expenses 2015: $181,918Net Income 2015: -$29,4542015Revenue 2017: $179,447Expenses 2017: $155,226Net Income 2017: $24,2212017Revenue 2018: $116,066Expenses 2018: $154,174Net Income 2018: -$38,1082018Revenue 2019: $131,833Expenses 2019: $183,347Net Income 2019: -$51,5142019Revenue 2020: $98,414Expenses 2020: $107,724Net Income 2020: -$9,3102020Revenue 2021: $187,684Expenses 2021: $145,511Net Income 2021: $42,1732021Revenue 2022: $353,421Expenses 2022: $292,212Net Income 2022: $61,2092022Revenue 2023: $123,360Expenses 2023: $208,994Net Income 2023: -$85,6342023Revenue 2024: $197,646Expenses 2024: $146,382Net Income 2024: $51,2642024

Highlighted filing

2024

Revenue$197,646
Expenses$146,382
Net Income$51,264
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.1
Gross Receipts
$204,328
Mission and Program Overview

Mission

See Part 1, Summary Paragraph 1 above for the Mission of Historic Hope Foundation, Inc.

To acquire and maintain for the benefit of the public the historic home of Governor David Stone in Bertie County NC known as Hope Plantation. The mission includes providing educational cultural and recreational benefits for the public as an element of the heritage of the Roanoke-Chowan region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$542,654$538,956▼ $3,698
Investments Other Securities$272,621$272,621→ $0
Investments in Publicly Traded Securities$259,838$248,977▼ $10,861
Cash and Non-Interest-Bearing Accounts$53,111$133,521▲ $80,410
Inventories for Sale or Use$6,664$6,983▲ $319
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,134,888$1,201,058▲ $66,170
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$148,361$174,361▲ $26,000
Accounts Payable and Accrued Expenses$600$944▲ $344
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$148,961$175,305▲ $26,344
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$713,306$753,132▲ $39,826
Net Assets With Donor Restrictions$272,621$272,621→ $0
Total Net Assets Fund Balance$985,927$1,025,753▲ $39,826
Total Liabilities and Net Assets / Fund Balance$1,134,888$1,201,058▲ $66,170

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$538,956$414,831$0
Land$0-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Closely Held Equity Interests$272,621--
Compensation and Service Providers
Top Officer Pay38th percentile

Board Members and Trustees

NameTitle
The Reverend Joseph Wiley CooperImmediate Past President Life Director
Dr Turner Bond SuttonPresident Director
Dr Benjamin F Speller JrVice President Life Director
Dr Michael WhiteDirector
Dr Tonya BlairDirector
Mr Ian SuttonDirector
Mrs Dianne BazemoreDirector
Ms Amanda HodgesDirector
Ms Annie WilsonDirector
Ms Ashley WilliamsDirector
Ms C B GuessDirector
Ms Harriet StoutDirector
Ms Lori S SpellerDirector
Mr J P HarringtonLife Director
Mrs C Wood BeasleyLife Director
Mrs Coleen McGloneLife Director
Mrs Norma WessonTreasurer Director
Revenue and Support

Revenue Composition

Contributions and Grants
$117,512
Program Service Revenue
$15,201
Investment Income
$58,705
Other Revenue
$6,228
All Other Contributions
$39,642
Change in Net Assets
$51,264
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,477
Salaries, Compensation, and Employee Benefits$54,905
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,003$0$0$51,003
Occupancy$21,497$0$0$21,497
Insurance$19,922$0$0$19,922
Office Expenses$9,417$0$0$9,417
Advertising$5,627$0$0$5,627
Other Employee Benefits$3,902$0$0$3,902
Depreciation Depletion$3,698$0$0$3,698
Other Expenses$3,157$0$0$3,157
Total Functional Expenses$146,382$0$0$146,382
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,196
Fundraising Direct Expenses$3,580
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11A

“This Form 990 with Schedules A D and O were compiled by the bookkeeper and sent to the President for distribution to other members of the Board of Directors for their comments. All appropriate comments have been incorporated into this final version and it was approved by the Executive Committee of the Board of Directors.”

Part VI Line 11

“| Explanation:| Form 990 Part VI Section B Line 11B--This Form 990 with Schedules A D and O were compiled by the bookkeeper and sent to the President for distribution to other members of the Board of Directors for their comments. All appropriate comments have been incorporated into this final version and it was approved by the Executive Committee of the Board of Directors.”

Part VI Line 19

“| Explanation:| Form 990 Part VI Section C Line 19--All Forms 990 and their accompanying schedules are copied by the Internal Revenue Service and passed to Guidestar.org which makes them available on their website. Written or oral requests for these or any governing documents are answered as received with appropriate information provided. Our latest bylaws were included with the 2008 Form 990 and our articles of incorporation are available at the Office of the North Carolina Secretary of States website.”

Filing and Contact Details

Filer

Filer Name
Historic Hope Foundation Inc
EIN
56-0959945
Phone
2527943140
Address
132 Hope House Road, Windsor, NC 27983

Signing Officer

Name
John
Title
Montague
Phone
9198471913
Signed
2025-11-05

Organization Details

Principal Officer
Turner Bond Sutton
Formed
1965
Legal Domicile
Nc
Voting Board Members
17
Independent Board Members
17
Employees
8
Volunteers
25
Supplemental Narrative

Financial Statement Notes

Part I to XII

“| PartandLinenumber:,Explanation:| Part III Line 1,All holdings were capitalized in the 1970s and those receipts are no longer available to permit separation of land building and furnishings.| Part III Line 4,All collections are exhibited during public tours of historic buildings.| Part VI General,All holdings were capitalized in the 1970s and those receipts are no longer available to permit separation of land buildings and furnishings.|”

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IRS990/Form990PartVIISectionAGrp/PersonNm10Mr Ian Sutton
IRS990/Form990PartVIISectionAGrp/PersonNm11Dr Michael White
IRS990/Form990PartVIISectionAGrp/PersonNm12Dr Benjamin F Speller Jr
IRS990/Form990PartVIISectionAGrp/PersonNm13Dr Turner Bond Sutton
IRS990/Form990PartVIISectionAGrp/PersonNm14Ms Ashley Williams
IRS990/Form990PartVIISectionAGrp/PersonNm15Ms Annie Wilson
IRS990/Form990PartVIISectionAGrp/PersonNm16Mrs Norma Wesson
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Life Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Life Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Life Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Immediate Past President Life Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Vice President Life Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13President Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Treasurer Director
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IRS990/MissionDesc0To acquire and maintain for the benefit of the public the historic home of Governor David Stone in Bertie County NC known as Hope Plantation. The mission includes providing educational cultural and recreational benefits for the public as an element of the heritage of the Roanoke-Chowan region.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,201,058
Liabilities
$175,305
Net assets
$1,025,753
Revenue
$197,646
Expenses
$146,382
Net income
$51,264
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.18$1.03$0.20$0.15$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.15$0.99$0.12$0.21$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.13$1.09$0.35$0.29$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.13$1.08$0.19$0.15$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.13$1.06$0.10$0.11$0.01
2019Summary only. Only limited summary data is available for this year.$1.15$0.12$1.03$0.13$0.18$0.05
2018Summary only. Only limited summary data is available for this year.$1.21$0.17$1.04$0.12$0.15$0.04
2017Summary only. Only limited summary data is available for this year.$1.32$0.17$1.15$0.18$0.16$0.02
2015Summary only. Only limited summary data is available for this year.$1.27$0.20$1.08$0.15$0.18$0.03
2014Summary only. Only limited summary data is available for this year.$1.33$0.20$1.13$0.12$0.14$0.02
2013Summary only. Only limited summary data is available for this year.$1.33$0.19$1.14$0.15$0.14$0.01
2012Summary only. Only limited summary data is available for this year.$1.30$0.22$1.08$0.11$0.24$0.12
2011Summary only. Only limited summary data is available for this year.$1.28$0.11$1.17$0.14$0.18$0.04