Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Hope Springs Recovery Inc
EIN 82-3378655 • 501(c)3 • Corbin, KY
Revoked990-N Coverage
Profile
The organization was formed to help men addicted to illegal substances live drug-free lives and get back on their feet. The organization provides a place to live with other men in similar situations, and education/support in overcoming drug addictions.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.61x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
42nd percentile
Higher net margin than 42% 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
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
37th percentile
Faster revenue growth than 37% of similar nonprofits.
Balance Sheet
Assets
Up$3,531
Up $1,726 (+96%) from 2019
Liabilities
Up$2,165
Up $2,165 from 2019
Net Assets
Down$1,366
Down $439 (-24%) from 2019
Revenue
Down$48,087
Down $9,265 (-16%) from 2019
Expenses
Down$48,526
Down $7,347 (-13%) from 2019
Net Income
Down-$439
Down $1,918 (-130%) from 2019
Trend Graphs
Filings
Most recent year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $3,531
- Liabilities
- $2,165
- Net assets
- $1,366
- Revenue
- $48,087
- Expenses
- $48,526
- Net income
- -$439
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Oct 31, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $48,087
Mission and Program Overview
Mission
The organization was formed to help men addicted to illegal substances live drug-free lives and get back on their feet. The organization provides a place to live with other men in similar situations, and education/support in overcoming drug addictions.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Providing shelter and a clean environment for drug-addicted men. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mark Stephen Young | Treasurer | PT | $0 | - | - |
| Tracie R Young | Director | PT | $0 | - | - |
| Marjory R Cecil | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Hope Springs Recovery Inc
- EIN
- 82-3378655
- Phone
- 6062804475
- Address
- 8797 KY Hwy 1232, Corbin, KY 40701
Signing Officer
- Name
- Mark Stephen Young
- Title
- Treasurer
- Phone
- 6154248821
- Signed
- 2021-10-31
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Marr Miller & Myers PSC
- Address
- PO Box 663, Corbin, KY 40702
- Preparer
- Rebecca B Myers
- Phone
- 6065282454
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Advertising. Amount: 232. Description: Business Taxes. Amount: 447. Description: Payroll Taxes. Amount: 736. Description: Travel. Amount: 435. Description: Office Supplies. Amount: 1019. Description: General Operating Expense. Amount: 5641. Description: Miscellaneous. Amount: 340. Description: Meals. Amount: 798. Description: Interest & Penalties. Amount: 495. Total to Form 990-EZ, line 16: 10143.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: PPP Loan Payable. Beg. of Year Amount: 0. End of Year Amount: 2165.”
Raw XML Appendix136 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 | Organization |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6062804475 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 8797 Hwy 1232 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Corbin |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 40701 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1805 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 3531 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 1022 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -439 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 381 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1805 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 3531 |
| IRS990EZ/GrossReceiptsAmt | 0 | 48087 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1805 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 1366 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1805 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 1366 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 25281 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Mark Stephen Young |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Tracie R Young |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Marjory R Cecil |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10143 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The organization was formed to help men addicted to illegal substances live drug-free lives and get back on their feet. The organization provides a place to live with other men in similar situations, and education/support in overcoming drug addictions. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1504 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 47065 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Providing shelter and a clean environment for drug-addicted men. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 11217 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2165 |
| 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 | 48526 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 48087 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.hopespringsrecovery.com |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 48087 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54152 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 102239 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 102239 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 48087 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54152 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 102239 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 102239 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Advertising. Amount: 232. Description: Business Taxes. Amount: 447. Description: Payroll Taxes. Amount: 736. Description: Travel. Amount: 435. Description: Office Supplies. Amount: 1019. Description: General Operating Expense. Amount: 5641. Description: Miscellaneous. Amount: 340. Description: Meals. Amount: 798. Description: Interest & Penalties. Amount: 495. Total to Form 990-EZ, line 16: 10143. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: PPP Loan Payable. Beg. of Year Amount: 0. End of Year Amount: 2165. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Mark Stephen Young |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6154248821 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-10-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Hope Springs Recovery Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOPE |
| ReturnHeader/Filer/EIN | 0 | 823378655 |
| ReturnHeader/Filer/PhoneNum | 0 | 6062804475 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 8797 KY Hwy 1232 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Corbin |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40701 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 611129847 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Marr Miller & Myers PSC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO Box 663 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Corbin |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 40702 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6065282454 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | REBECCA B MYERS |
| ReturnHeader/ReturnTs | 0 | 2021-10-31T11:39:02-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Mark |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Stephen Young |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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