Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
New Hope of Florence Inc
EIN 57-0987724 • 501(c)3 • Florence, SC
Profile
To provide housing to the mentally ill.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
2.98x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Balance Sheet
Assets
Up$215,602
Up $2,986 (+1.4%) from 2023
Liabilities
Up$641,987
Up $200 (+0.0%) from 2023
Net Assets
Up-$426,385
Up $2,786 (+0.6%) from 2023
Revenue
Up$132,551
Up $7,270 (+5.8%) from 2023
Expenses
Up$129,765
Up $4,586 (+3.7%) from 2023
Net Income
Up$2,786
Up $2,684 (+2631%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $215,602
- Liabilities
- $641,987
- Net assets
- -$426,385
- Revenue
- $132,551
- Expenses
- $129,765
- Net income
- $2,786
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 28, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $132,551
Mission and Program Overview
Mission
To provide housing to the mentally ill.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| OPERATED 12 LOW INCOME HOUSING UNITS FOR THE MENTALLY ILL. | $0 | $125,253 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DR JOSEPH E HEYWARD | President | - | $0 | - | - |
| PAUL T WILLIAMSON | Treasurer | - | $0 | - | - |
| ROBERT S FLOYD | Secretary | - | $0 | - | - |
| JOSEPHINE JUPITER | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- New Hope of Florence Inc
- EIN
- 57-0987724
- Phone
- 8436690048
- Address
- PO BOX 7121, FLORENCE, SC 29502
Signing Officer
- Name
- Dr Joseph E Heyward
- Title
- President
- Phone
- 8436690048
- Signed
- 2025-10-28
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Bernard Robinson & Company Llp
- Address
- PO BOX 19608, GREENSBORO, NC 27419-9608
- Preparer
- Irish Thurston
- Phone
- 3362944494
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest - replacement reserve. Amount: 13.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising. Amount: 63. Description: insurance. Amount: 6,283. Description: management fees. Amount: 12,387. Description: misc administrative. Amount: 1,292. Description: office expenses. Amount: 9,127. Description: other renting expense. Amount: 4,332. Description: payroll taxes. Amount: 3,060. Description: depreciation. Amount: 2,229. Total to form 990-ez, line 16: 38,773.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 55. End of year amount: 881.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued expense. Beg. Of year amount: 12,372. End of year amount: 12,487. Description: tenant security deposits. Beg. Of year amount: 2,819. End of year amount: 3,004. Description: prepaid rent. Beg. Of year amount: 196. End of year amount: 96. Description: mortgage and other notes payable. Beg. Of year amount: 626,400. End of year amount: 626,400.”
Raw XML Appendix163 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SOUTHERN DEVELOPMENT MANAGEMENT COMPANY INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8038083966 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1403 JARET COURT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WEST COLUMBIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29169 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 34487 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 38876 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 102667 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2786 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3444 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 212616 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 215602 |
| IRS990EZ/GrossReceiptsAmt | 0 | 132551 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 13 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 178074 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 175845 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -429171 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -426385 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -429171 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -426385 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 55751 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DR JOSEPH E HEYWARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PAUL T WILLIAMSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROBERT S FLOYD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOSEPHINE JUPITER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 55 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 881 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 38773 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE HOUSING TO THE MENTALLY ILL. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 29871 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | OPERATED 12 LOW INCOME HOUSING UNITS FOR THE MENTALLY ILL. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 125253 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 31797 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 641787 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 641987 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 129765 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 125253 |
| IRS990EZ/TotalRevenueAmt | 0 | 132551 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 102667 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 98330 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 93988 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 87656 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 74761 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 457402 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 138232 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 13 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 23 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 457402 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 102667 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 98330 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 93988 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 87656 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 74761 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 457402 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 457425 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST - REPLACEMENT RESERVE. AMOUNT: 13. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ADVERTISING. AMOUNT: 63. DESCRIPTION: INSURANCE. AMOUNT: 6,283. DESCRIPTION: MANAGEMENT FEES. AMOUNT: 12,387. DESCRIPTION: MISC ADMINISTRATIVE. AMOUNT: 1,292. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 9,127. DESCRIPTION: OTHER RENTING EXPENSE. AMOUNT: 4,332. DESCRIPTION: PAYROLL TAXES. AMOUNT: 3,060. DESCRIPTION: DEPRECIATION. AMOUNT: 2,229. TOTAL TO FORM 990-EZ, LINE 16: 38,773. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 55. END OF YEAR AMOUNT: 881. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSE. BEG. OF YEAR AMOUNT: 12,372. END OF YEAR AMOUNT: 12,487. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 2,819. END OF YEAR AMOUNT: 3,004. DESCRIPTION: PREPAID RENT. BEG. OF YEAR AMOUNT: 196. END OF YEAR AMOUNT: 96. DESCRIPTION: MORTGAGE AND OTHER NOTES PAYABLE. BEG. OF YEAR AMOUNT: 626,400. END OF YEAR AMOUNT: 626,400. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DR JOSEPH E HEYWARD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8436690048 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEW HOPE OF FLORENCE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWH |
| ReturnHeader/Filer/EIN | 0 | 570987724 |
| ReturnHeader/Filer/PhoneNum | 0 | 8436690048 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 7121 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FLORENCE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29502 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 560571159 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BERNARD ROBINSON & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 19608 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GREENSBORO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 274199608 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3362944494 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | IRISH THURSTON |
| ReturnHeader/ReturnTs | 0 | 2025-10-29T00:14:52-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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