Civic Intelligence

Hope Homes I & II Inc.

EIN 62-1823910 • 501(c)3 • Huntsville, TN

Pub. 78 Eligible

Profile

Provide homes for the handicapped in the area.

641 Baker HighwayHuntsville, TN 37756

n/A

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.21x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.58x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

18th percentile

-34%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k 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

47th percentile

-3.4%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

5.5%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$256,852

Down $9,102 (-3.4%) from 2023

Liabilities

Up

$53,862

Up $2,290 (+4.4%) from 2023

Net Assets

Down

$202,990

Down $11,392 (-5.3%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin18th percentile

Revenue

Up

$34,002

Up $1,784 (+5.5%) from 2023

Expenses

Up

$45,394

Up $2,707 (+6.3%) from 2023

Net Income

Down

-$11,392

Down $923 (-8.8%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

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

$400K$300K$200K$100K$0Assets 2012: $372,302Liabilities 2012: $16,831Net Assets 2012: $355,4712012Assets 2013: $369,333Liabilities 2013: $16,106Net Assets 2013: $353,2272013Assets 2014: $351,921Liabilities 2014: $4,572Net Assets 2014: $347,3492014Assets 2015: $356,052Liabilities 2015: $19,091Net Assets 2015: $336,9612015Assets 2016: $339,355Liabilities 2016: $12,809Net Assets 2016: $326,5462016Assets 2017: $338,364Liabilities 2017: $21,980Net Assets 2017: $316,3842017Assets 2018: $318,376Liabilities 2018: $62,386Net Assets 2018: $255,9902018Assets 2019: $313,861Liabilities 2019: $59,105Net Assets 2019: $254,7562019Assets 2020: $318,812Liabilities 2020: $56,769Net Assets 2020: $262,0432020Assets 2021: $300,330Liabilities 2021: $67,180Net Assets 2021: $233,1502021Assets 2022: $282,468Liabilities 2022: $57,617Net Assets 2022: $224,8512022Assets 2023: $265,954Liabilities 2023: $51,572Net Assets 2023: $214,3822023Assets 2024: $256,852Liabilities 2024: $53,862Net Assets 2024: $202,9902024

Highlighted filing

2024

Assets$256,852
Liabilities$53,862
Net Assets$202,990
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

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

$100K$50K$0-$50KExpenses 2012: $35,1372012Expenses 2013: $38,2052013Revenue 2014: $33,959Expenses 2014: $39,837Net Income 2014: -$5,8782014Revenue 2015: $31,242Expenses 2015: $41,630Net Income 2015: -$10,3882015Revenue 2016: $27,803Expenses 2016: $38,218Net Income 2016: -$10,4152016Revenue 2017: $37,810Expenses 2017: $47,972Net Income 2017: -$10,1622017Revenue 2018: $36,311Expenses 2018: $44,758Net Income 2018: -$8,4472018Revenue 2019: $37,761Expenses 2019: $38,995Net Income 2019: -$1,2342019Revenue 2020: $39,460Expenses 2020: $42,966Net Income 2020: -$3,5062020Revenue 2021: $37,972Expenses 2021: $66,863Net Income 2021: -$28,8912021Revenue 2022: $32,901Expenses 2022: $41,200Net Income 2022: -$8,2992022Revenue 2023: $32,218Expenses 2023: $42,687Net Income 2023: -$10,4692023Revenue 2024: $34,002Expenses 2024: $45,394Net Income 2024: -$11,3922024

Highlighted filing

2024

Revenue$34,002
Expenses$45,394
Net Income-$11,392
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$256,852
Liabilities
$53,862
Net assets
$202,990
Revenue
$34,002
Expenses
$45,394
Net income
-$11,392
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.57$0.54$2.03$0.34$0.45$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.66$0.52$2.14$0.32$0.43$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.82$0.58$2.25$0.33$0.41$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.00$0.67$2.33$0.38$0.67$0.29
2020Detailed filing. Detailed filing data is available for this year.$3.19$0.57$2.62$0.39$0.43$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.14$0.59$2.55$0.38$0.39$0.01
2018Detailed filing. Detailed filing data is available for this year.$3.18$0.62$2.56$0.36$0.45$0.08
2017Detailed filing. Detailed filing data is available for this year.$3.38$0.22$3.16$0.38$0.48$0.10
2016Detailed filing. Detailed filing data is available for this year.$3.39$0.13$3.27$0.28$0.38$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.56$0.19$3.37$0.31$0.42$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.52$0.05$3.47$0.34$0.40$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.16$3.53$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.17$3.55$0.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 19, 2024
Return Version
2023v5.1
Gross Receipts
$34,002
Mission and Program Overview

Mission

Provide homes for the handicapped in the area.

Provide homes for the handicapped in the area

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$213,516$205,444▼ $8,072
Cash and Non-Interest-Bearing Accounts$50,887$51,408▲ $521
Accounts Receivable$1,551$0▼ $1,551
Total Assets$265,954$256,852▼ $9,102
Liabilities
Other Liabilities$39,794$39,794→ $0
Accounts Payable and Accrued Expenses$11,778$14,068▲ $2,290
Total Liabilities$51,572$53,862▲ $2,290
Net Assets / Fund Balance
Net Assets With Donor Restrictions$438,600$438,600→ $0
Net Assets Without Donor Restrictions$-224,218$-235,610▼ $11,392
Total Net Assets Fund Balance$214,382$202,990▼ $11,392
Total Liabilities and Net Assets / Fund Balance$265,954$256,852▼ $9,102

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$182,944$229,336$412,280
Land$22,500-$22,500
Equipment$0$3,820$3,820
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Missy DayPresident
Sonya YustVice President
Kristi CorneliusBoard Member
Terina CantrellExecutive Director
Mackenzie AdkinsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$33,886
Investment Income
$116
Other Revenue
$0
Change in Net Assets
$-11,392
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,394
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$11,850$0$0$11,850
Depreciation Depletion$10,571$0$0$10,571
Fees for Services Accounting$3,500$0$0$3,500
Insurance$2,837$0$0$2,837
Other Expenses$20$0$0$20
Total Functional Expenses$45,394$0$0$45,394
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Replacement & Residaul$39,794
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Filing and Contact Details

Filer

Filer Name
Hope Homes I &ii Inc
EIN
62-1823910
Phone
4236639300
Address
641 BAKER HIGHWAY, HUNTSVILLE, TN 37756

Signing Officer

Name
Terina Cantrell
Title
Executive Director
Phone
4236639300
Signed
2024-09-19
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Joel L Ross CPA
Address
PO Box 7, Jamestown, TN 38556
Preparer
Joel L Ross CPA
Phone
9318797036
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 governing body review”

Pt VI, Line 19

“Governing documents etc available to public”

Raw XML Appendix337 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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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0TERINA CANTRELL
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-21
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ReturnHeader/ReturnTs02024-09-21T07:46:25-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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