Civic Intelligence

Nicoles House of Hope Inc.

EIN 85-0864652 • 501(c)3 • Atlanta, GA

Pub. 78 Eligible

Profile

Provide shleter to homeless and de

2001 Martin Luther King Jr Drive StAtlanta, GA 30310

www.nicoleshouseofhope.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.34x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

36th percentile

-5.4%

Higher net margin than 36% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

24th percentile

-36%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Down

$32,063

Down $18,101 (-36%) from 2023

Liabilities

Up

$43,053

Up $3,966 (+10%) from 2023

Net Assets

Down

-$10,990

Down $22,067 (-199%) from 2023

Revenue

Up

$461,804

Up $51,438 (+13%) from 2023

Expenses

Up

$486,771

Up $81,164 (+20%) from 2023

Net Income

Down

-$24,967

Down $29,726 (-625%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2020: $1Liabilities 2020: $0Net Assets 2020: -$27,6412020Assets 2021: $5,082Liabilities 2021: $37,574Net Assets 2021: -$32,4922021Assets 2022: $38,299Liabilities 2022: $0Net Assets 2022: $38,2992022Assets 2023: $50,164Liabilities 2023: $39,087Net Assets 2023: $11,0772023Assets 2024: $32,063Liabilities 2024: $43,053Net Assets 2024: -$10,9902024

Highlighted filing

2024

Assets$32,063
Liabilities$43,053
Net Assets-$10,990

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $32,460Expenses 2020: $60,101Net Income 2020: -$27,6412020Revenue 2021: $196,651Expenses 2021: $229,143Net Income 2021: -$32,4922021Revenue 2022: $334,404Expenses 2022: $298,807Net Income 2022: $35,5972022Revenue 2023: $410,366Expenses 2023: $405,607Net Income 2023: $4,7592023Revenue 2024: $461,804Expenses 2024: $486,771Net Income 2024: -$24,9672024

Highlighted filing

2024

Revenue$461,804
Expenses$486,771
Net Income-$24,967

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 3, 2025
Return Version
2024v5.0
Gross Receipts
$461,804
Mission and Program Overview

Mission

Provide shleter to homeless and de

To provide services and resources to individuals who are suffering due to mental health issues, chemical addiction, and homelessness to become productive and self-sufficient.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$38,888$30,246▼ $8,642
Loans From Officers Directors-$8,843-
Cash and Non-Interest-Bearing Accounts$11,276$1,817▼ $9,459
Total Assets$50,164$32,063▼ $18,101
Liabilities
Unsecured Notes Loans Payable$36,187$34,210▼ $1,977
Total Liabilities$36,187$43,053▲ $6,866
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,977$-10,990▼ $24,967
Total Net Assets Fund Balance$13,977$-10,990▼ $24,967
Total Liabilities and Net Assets / Fund Balance$50,164$32,063▼ $18,101

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$30,246$12,963$43,209
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anita JohnsonBoard Member
Linda AdamsBoard Member
Yolanda JacksonExecutive Director
Archie CallowayCfotreasurer
Iris LowerySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$13,440
Program Service Revenue
$448,364
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,440
Change in Net Assets
$-24,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$486,771
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
Occupancy$230,172$51,119-$281,291
Fees for Services Management$63,655--$63,655
Insurance-$10,279-$10,279
Depreciation Depletion-$8,642-$8,642
Fees for Services Accounting-$8,450-$8,450
Office Expenses$7,991--$7,991
Other Expenses$7,344--$7,344
All Other Expenses$1,004$1,440-$2,444
Interest-$1,833-$1,833
Travel$1,473--$1,473
Conferences and Meetings-$862-$862
Information Technology-$375-$375
Advertising-$284-$284
Fees for Services Other-$213-$213
Total Functional Expenses$403,274$83,497$0$486,771
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$8,843-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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

Form 990 governing body review Part VI line 11

The 990 is reviewed by the board of directors prior to the electronic transmittal to the irs.

Conflict of interest policy compliance Part VI line 12C

It is nicoles house of hope incs policy that employees and others acting on nicoles house of hopes behalf must be free from conflicts of interest that could adversely influence their judgment, objectivity or loyalty to the organization in conducting nicoles house of hope business activities and assignments. In connection with any actual or possible conflicts of interest, an interested party must disclose the existence of the financial interest and must be given the opportunity to disclose all material facts to the board. After disclosure of the financial interest and all material facts, the individual shall leave the board meeting while the determination is discussed and voted on. The remaining board members shall determine if a conflict of interest exist. If a conflict of interest ,the board will determine and document the appropriate resolution.

Governing documents etc available to public Part VI line 19

All governing documents are available for review upon scheduling an appointment with a member of the board of directors.

Filing and Contact Details

Filer

Filer Name
Nicoles House of Hope Inc
EIN
85-0864652
In Care Of
% YOLANDA JACKSON
Phone
4042541643
Address
2001 MARTIN LUTHER KING JR DRIVE ST, ATLANTA, GA 30310

Signing Officer

Name
Yolanda Jackson
Title
Executive Director
Phone
6786001083
Signed
2025-03-03
Discuss with paid preparer
No

Organization Details

Principal Officer
Yolanda Jackson
Formed
2020
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
100

Preparer

Firm
Accounting & Tax Advisory Group Pc
Address
555 N POINT CTR E STE 400, ALPHARETTA, GA 30022
Preparer
Riolene J Ibok
Phone
7705586338
Supplemental Narrative

Additional Explanations

General explanation attachment

About us/who we arenicoles house of hope inc. Help homeless men, women and women with children to become functional and contributing members of society despite lifes circumstances. Located in atlanta, ga, nicoles house of hope inc provides a diverse range of development programs and supportive services which focuses on restoring the individual. Nicoles house of hope aids with obtaining disability benefits, and job training and assists with acquiring permanent housing. Since 2023, we have secured residential facilities, which equates to 65 beds for our program. The services we provide are tailored to meet the needs of each individual resident and based on their specific situations and goals. We provide ongoing case management plans for the residents. Our managers work closely with residents to ensure that their growth plan is on target and up to date. By continually monitoring and evaluating each residents progression, we can implement corrective actions to the plan as needed which ensures a path to recovery.the quality of housing and services for our residents is the key to their success and accomplishments. We operate our residential homes with respect and dignity for each resident. We encourage them to see themselves and their potential the same way. Nicoles house of hope realizes that homelessness, addiction and mental illness, alone or together can be extremely challenging to overcome without genuine support. We are here to assist them on their paths to stability. We believe that the best response is supportive services that help our residents stay on their path of personal development and growth.other - executive director salaryin 2024, due to funding shortgages and the overall financial demands for services at nicoles house of hope inc, the executive director was not able to obtain a salary. In addition, all board members served on a volunteer basis and do not receive compensation.other accomplishments from page 2 we hosted four community give-a-ways in three different low-income areas of the city. We distributed essential items, such as food, household goods, and personal hygiene products and clothing. We hosted four community give-a-ways in three different low-income areas of the city. We distributed essential items, such as food, household goods, and personal hygiene products and clothing.back to school eventswe distributed backpacks and school supplies to 3500 school age children. Our back-to-school event ensured that underprivileged children would be well prepared for the academic school year.christmas events800 school age children were treated to four toys each for christmas. This gift of kindness and love prevented both the parents and children from feeling depressed and left out of the christmas spirit and the joyful holiday experience due to their economic circumstance.

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IRS990/Desc0WE EMPOWERED HOMELESS MEN, WOMEN AND WOMEN WITH CHILDREN TO IMPROVE THEIR LIVES THROUGH AN ACCESSIBLE, INTEGRATED, AND COMPREHENSIVE RECOVERY-ORIENTED SYSTEM OF CARE. WE PROVIDED TRANSITIONAL AND SHARED PERMANENT HOUSING TO BOTH HOMELESS MEN AND WOMEN ENABLING THEM TO LIVE IN A SAFE AND COMFORTABLE HOME ENVIRONMENT. WE ASSISTED INDIVIDUALS BY WRITING JOB RESUMES, EMPLOYMENT REFERRALS, ACQUIRING FOOD STAMPS, OBTAINING HEALTH INSURANCE AND APPLYING FOR SOCIAL SECURITY BENEFITS. MOREOVER, WE OPENED A FOOD PANTRY THAT PROVIDES FOOD, NON-PERISHABLE ITEMS AND OTHER GOODS TO LOW-INCOME FAMILIES. DURING THANKSGIVING, WE DISTRIBUTED 20,000 POUNDS OF TURKEYS AND TRIMMINGS TO 70 YOUTHS AND SHELTERS. FOR CHRISTMAS, WE GAVE 20,000 POUNDS OF CHICKEN AND TRIMMINGS TO UNDERPRIVILEGED FAMILIES TO HAVE A JOYFUL AND FESTIVE CHRISTMAS DINNER. NICOLES HOUSE OF HOPE INC HAS POSITIVELY IMPACTED OVER 25,000 INDIVIDUALS AND FAMILIES THROUGH OUR SERVICE PROGRAMS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO THE ELECTRONIC TRANSMITTAL TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS NICOLES HOUSE OF HOPE INCS POLICY THAT EMPLOYEES AND OTHERS ACTING ON NICOLES HOUSE OF HOPES BEHALF MUST BE FREE FROM CONFLICTS OF INTEREST THAT COULD ADVERSELY INFLUENCE THEIR JUDGMENT, OBJECTIVITY OR LOYALTY TO THE ORGANIZATION IN CONDUCTING NICOLES HOUSE OF HOPE BUSINESS ACTIVITIES AND ASSIGNMENTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PARTY MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, THE INDIVIDUAL SHALL LEAVE THE BOARD MEETING WHILE THE DETERMINATION IS DISCUSSED AND VOTED ON. THE REMAINING BOARD MEMBERS SHALL DETERMINE IF A CONFLICT OF INTEREST EXIST. IF A CONFLICT OF INTEREST ,THE BOARD WILL DETERMINE AND DOCUMENT THE APPROPRIATE RESOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW UPON SCHEDULING AN APPOINTMENT WITH A MEMBER OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ABOUT US/WHO WE ARENICOLES HOUSE OF HOPE INC. HELP HOMELESS MEN, WOMEN AND WOMEN WITH CHILDREN TO BECOME FUNCTIONAL AND CONTRIBUTING MEMBERS OF SOCIETY DESPITE LIFES CIRCUMSTANCES. LOCATED IN ATLANTA, GA, NICOLES HOUSE OF HOPE INC PROVIDES A DIVERSE RANGE OF DEVELOPMENT PROGRAMS AND SUPPORTIVE SERVICES WHICH FOCUSES ON RESTORING THE INDIVIDUAL. NICOLES HOUSE OF HOPE AIDS WITH OBTAINING DISABILITY BENEFITS, AND JOB TRAINING AND ASSISTS WITH ACQUIRING PERMANENT HOUSING. SINCE 2023, WE HAVE SECURED RESIDENTIAL FACILITIES, WHICH EQUATES TO 65 BEDS FOR OUR PROGRAM. THE SERVICES WE PROVIDE ARE TAILORED TO MEET THE NEEDS OF EACH INDIVIDUAL RESIDENT AND BASED ON THEIR SPECIFIC SITUATIONS AND GOALS. WE PROVIDE ONGOING CASE MANAGEMENT PLANS FOR THE RESIDENTS. OUR MANAGERS WORK CLOSELY WITH RESIDENTS TO ENSURE THAT THEIR GROWTH PLAN IS ON TARGET AND UP TO DATE. BY CONTINUALLY MONITORING AND EVALUATING EACH RESIDENTS PROGRESSION, WE CAN IMPLEMENT CORRECTIVE ACTIONS TO THE PLAN AS NEEDED WHICH ENSURES A PATH TO RECOVERY.THE QUALITY OF HOUSING AND SERVICES FOR OUR RESIDENTS IS THE KEY TO THEIR SUCCESS AND ACCOMPLISHMENTS. WE OPERATE OUR RESIDENTIAL HOMES WITH RESPECT AND DIGNITY FOR EACH RESIDENT. WE ENCOURAGE THEM TO SEE THEMSELVES AND THEIR POTENTIAL THE SAME WAY. NICOLES HOUSE OF HOPE REALIZES THAT HOMELESSNESS, ADDICTION AND MENTAL ILLNESS, ALONE OR TOGETHER CAN BE EXTREMELY CHALLENGING TO OVERCOME WITHOUT GENUINE SUPPORT. WE ARE HERE TO ASSIST THEM ON THEIR PATHS TO STABILITY. WE BELIEVE THAT THE BEST RESPONSE IS SUPPORTIVE SERVICES THAT HELP OUR RESIDENTS STAY ON THEIR PATH OF PERSONAL DEVELOPMENT AND GROWTH.OTHER - EXECUTIVE DIRECTOR SALARYIN 2024, DUE TO FUNDING SHORTGAGES AND THE OVERALL FINANCIAL DEMANDS FOR SERVICES AT NICOLES HOUSE OF HOPE INC, THE EXECUTIVE DIRECTOR WAS NOT ABLE TO OBTAIN A SALARY. IN ADDITION, ALL BOARD MEMBERS SERVED ON A VOLUNTEER BASIS AND DO NOT RECEIVE COMPENSATION.OTHER ACCOMPLISHMENTS FROM PAGE 2 WE HOSTED FOUR COMMUNITY GIVE-A-WAYS IN THREE DIFFERENT LOW-INCOME AREAS OF THE CITY. WE DISTRIBUTED ESSENTIAL ITEMS, SUCH AS FOOD, HOUSEHOLD GOODS, AND PERSONAL HYGIENE PRODUCTS AND CLOTHING. WE HOSTED FOUR COMMUNITY GIVE-A-WAYS IN THREE DIFFERENT LOW-INCOME AREAS OF THE CITY. WE DISTRIBUTED ESSENTIAL ITEMS, SUCH AS FOOD, HOUSEHOLD GOODS, AND PERSONAL HYGIENE PRODUCTS AND CLOTHING.BACK TO SCHOOL EVENTSWE DISTRIBUTED BACKPACKS AND SCHOOL SUPPLIES TO 3500 SCHOOL AGE CHILDREN. OUR BACK-TO-SCHOOL EVENT ENSURED THAT UNDERPRIVILEGED CHILDREN WOULD BE WELL PREPARED FOR THE ACADEMIC SCHOOL YEAR.CHRISTMAS EVENTS800 SCHOOL AGE CHILDREN WERE TREATED TO FOUR TOYS EACH FOR CHRISTMAS. THIS GIFT OF KINDNESS AND LOVE PREVENTED BOTH THE PARENTS AND CHILDREN FROM FEELING DEPRESSED AND LEFT OUT OF THE CHRISTMAS SPIRIT AND THE JOYFUL HOLIDAY EXPERIENCE DUE TO THEIR ECONOMIC CIRCUMSTANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
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