Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Voaky Hopeful Road Inc
EIN 61-1360293 • 501(c)3 • Louisville, KY
Profile
The project exists to provide quality housing opportunities for those with special needs.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.14x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
43rd percentile
Higher net margin than 43% 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
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
58th percentile
Faster revenue growth than 58% of similar nonprofits.
Balance Sheet
Assets
Up$316,299
Up $5,873 (+1.9%) from 2023
Liabilities
Up$44,086
Up $6,280 (+17%) from 2023
Net Assets
Down$272,213
Down $407 (-0.1%) from 2023
Revenue
Up$82,378
Up $3,290 (+4.2%) from 2023
Expenses
Up$82,785
Up $17,318 (+26%) from 2023
Net Income
Down-$407
Down $14,028 (-103%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $316,299
- Liabilities
- $44,086
- Net assets
- $272,213
- Revenue
- $82,378
- Expenses
- $82,785
- Net income
- -$407
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- May 7, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $82,378
Mission and Program Overview
Mission
The project exists to provide quality housing opportunities for those with special needs.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HOPEFUL ROAD IS A 7 UNIT BUILDING LOCATED IN FLORENCE, KENTUCKY. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WITH RESPECT TO RENT AND OPERATING METHODS. | $0 | $78,565 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHRIS WARD | Board Member | - | $0 | - | - |
| JAN GRAYSON | Board Member | - | $0 | - | - |
| JENNIFER HANCOCK | Board Member | - | $0 | - | - |
| RACHEL MEADE | Board Member | - | $0 | - | - |
| SAM ELLINGTON | Board Member | - | $0 | - | - |
| SCOTT DUNCAN | Board Member | - | $0 | - | - |
| SEAN WILLIAMSON | Board Member | - | $0 | - | - |
| TAYLOR AMERMAN | Board Member | - | $0 | - | - |
| WILL BARRY | Board Member | - | $0 | - | - |
| THOMAS GEORGE | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Voaky Hopeful Road Inc
- EIN
- 61-1360293
- Phone
- 5026360771
- Address
- 570 SOUTH FOURTH STREET 100, LOUISVILLE, KY 40202
Signing Officer
- Name
- Tom George
- Title
- Chief Financial Officer
- Phone
- 5026360771
- Signed
- 2025-05-07
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Cherry Bekaert Advisory LLC
- Address
- 101 SOUTH 5TH STREET STE 2100, LOUISVILLE, KY 40202
- Preparer
- Melanie Mcpeak
- Phone
- 8885871719
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: depreciation expense. Amount: 3,672. Description: travel. Amount: 202. Description: miscellaneous. Amount: 79. Description: computer expense. Amount: 742. Description: office expense. Amount: 1,601. Description: licenses & permits. Amount: 1,260. Total to form 990-ez, line 16: 7,556.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: security deposits-tenant. Beg. Of year amount: 2,655. End of year amount: 2,655. Description: reserve account. Beg. Of year amount: 46,708. End of year amount: 50,812. Description: residual receipts. Beg. Of year amount: 46,285. End of year amount: 46,285. Description: accounts rec. - tenant. Beg. Of year amount: 0. End of year amount: 1,383.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued expenses. Beg. Of year amount: 12,091. End of year amount: 18,243. Description: related party payables. Beg. Of year amount: 25,715. End of year amount: 25,843.”
Raw XML Appendix203 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/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4220 |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 316299 |
| IRS990EZ/GrossReceiptsAmt | 0 | 82378 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
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| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
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| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 272213 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 9 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 9 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | SCOTT DUNCAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | SEAN WILLIAMSON |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD MEMBER |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
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| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 101135 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7556 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PROJECT EXISTS TO PROVIDE QUALITY HOUSING OPPORTUNITIES FOR THOSE WITH SPECIAL NEEDS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 59 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 82378 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HOPEFUL ROAD IS A 7 UNIT BUILDING LOCATED IN FLORENCE, KENTUCKY. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WITH RESPECT TO RENT AND OPERATING METHODS. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 78565 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 7734 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 44086 |
| 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 | 82785 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 78565 |
| IRS990EZ/TotalRevenueAmt | 0 | 82378 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.VOAMID.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 5 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 82378 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 79088 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 72015 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 74455 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 68890 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 376826 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 4 |
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| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
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| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 286 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
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| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99910 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 376826 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 377117 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION EXPENSE. AMOUNT: 3,672. DESCRIPTION: TRAVEL. AMOUNT: 202. DESCRIPTION: MISCELLANEOUS. AMOUNT: 79. DESCRIPTION: COMPUTER EXPENSE. AMOUNT: 742. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,601. DESCRIPTION: LICENSES & PERMITS. AMOUNT: 1,260. TOTAL TO FORM 990-EZ, LINE 16: 7,556. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: SECURITY DEPOSITS-TENANT. BEG. OF YEAR AMOUNT: 2,655. END OF YEAR AMOUNT: 2,655. DESCRIPTION: RESERVE ACCOUNT. BEG. OF YEAR AMOUNT: 46,708. END OF YEAR AMOUNT: 50,812. DESCRIPTION: RESIDUAL RECEIPTS. BEG. OF YEAR AMOUNT: 46,285. END OF YEAR AMOUNT: 46,285. DESCRIPTION: ACCOUNTS REC. - TENANT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,383. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 12,091. END OF YEAR AMOUNT: 18,243. DESCRIPTION: RELATED PARTY PAYABLES. BEG. OF YEAR AMOUNT: 25,715. END OF YEAR AMOUNT: 25,843. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | 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 | TOM GEORGE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHIEF FINANCIAL OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5026360771 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VOAKY HOPEFUL ROAD INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VOAK |
| ReturnHeader/Filer/EIN | 0 | 611360293 |
| ReturnHeader/Filer/PhoneNum | 0 | 5026360771 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 570 SOUTH FOURTH STREET 100 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOUISVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40202 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 882730877 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CHERRY BEKAERT ADVISORY LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 101 SOUTH 5TH STREET STE 2100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LOUISVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 40202 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8885871719 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MELANIE MCPEAK |
| ReturnHeader/ReturnTs | 0 | 2025-05-13T07:22:03-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
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