Civic Intelligence

Hope MILL Inc.

EIN 87-2905647 • 501(c)3 • Denver, NC

Pub. 78 Eligible990-N CoverageNTEE B82

Profile

We are dedictated to bringing hope and assistance to communities and people in their time of need. We aim to find meaningful solutions that support and uplift our community, no matter the challenges we face.

7830 Commerce DriveDenver, NC 28037

www.hopemill.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.03x

Higher debt load relative to assets than 81% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Net Margin

77th percentile

52%

Higher net margin than 77% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets81st percentile

Assets

$785,979

No earlier filing loaded for comparison.

Liabilities

$27,221

No earlier filing loaded for comparison.

Net Assets

$758,758

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue72nd percentileNet Margin77th percentile

Revenue

$1,440,239

No earlier filing loaded for comparison.

Expenses

$685,127

No earlier filing loaded for comparison.

Net Income

$755,112

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$800K$600K$400K$200K$0Assets 2024: $785,979Liabilities 2024: $27,221Net Assets 2024: $758,7582024

Highlighted filing

2024

Assets$785,979
Liabilities$27,221
Net Assets$758,758
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0Revenue 2024: $1,440,239Expenses 2024: $685,127Net Income 2024: $755,1122024

Highlighted filing

2024

Revenue$1,440,239
Expenses$685,127
Net Income$755,112
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$785,979
Liabilities
$27,221
Net assets
$758,758
Revenue
$1,440,239
Expenses
$685,127
Net income
$755,112
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.79$0.03$0.76$1.44$0.69$0.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$1,440,239
Mission and Program Overview

Mission

We are dedictated to bringing hope and assistance to communities and people in their time of need. We aim to find meaningful solutions that support and uplift our community, no matter the challenges we face.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,646$785,979▲ $782,333
Total Assets$3,646$785,979▲ $782,333
Liabilities
Accounts Payable and Accrued Expenses-$27,221-
Total Liabilities$0$27,221▲ $27,221
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,646$758,758▲ $755,112
Total Net Assets Fund Balance$3,646$758,758▲ $755,112
Total Liabilities and Net Assets / Fund Balance$3,646$785,979▲ $782,333
Compensation and Service Providers
Top Officer Pay62nd percentile

Board Members and Trustees

NameTitle
Kevin GarrisonBoard Chair
Hollie FoxBoard Member
James BrownBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$40,887
Program Service Revenue
$1,399,352
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$755,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$685,127
Total Fundraising Expense$18,341
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$39,309-$18,341$39,309
Travel$4,850--$4,850
Office Expenses$529--$529
Total Functional Expenses$666,786$0$18,341$685,127
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
1$40,887$40,887-$40,887
Total Events$40,887$40,887-$40,887
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
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

“Form 990 is presented at the monthly board meeting, reviewed in its entirety for accuracy, and voted on prior to filing. The filing of the 990 was approved by all members of the Board.”

Conflict of interest policy compliance Part VI line 12C

“Annual review of the conflict of interest policies are reviewed during board meetings. There are no conflict of interests present.”

Governing documents etc available to public Part VI line 19

“The Form 990 is made available on our website, www.hopemill.org, and financial documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Hope Mill Inc
EIN
87-2905647
In Care Of
% Kevin Garrison
Phone
7047191713
Address
7830 Commerce Drive, Denver, NC 28037

Signing Officer

Name
Kevin Garrison
Title
Board Chair
Phone
7047191713
Signed
2025-05-13

Organization Details

Formed
2021
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
25
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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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