Hub Lafayette-Urban Ministries
Love Your City
Hub Lafayette-Urban Ministries
EIN: 83-0685792
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
The Lovewell Center
The Lovewell is a membership-based empowering model of ministry for individuals in poverty and/or experiencing homelessness. Members can join The Lovewell and gain access to a membership account and a schedule of classes and programs. Members can attend those classes to earn credits on their membership account that they can use to shopping in The Lovewell's resource stores: The Dresswell Clothing Store, The Smellwell Laudromat, The Eatwell food store and The Stylewell barber shop/salon.
Where we work
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
We are aiming to alleviate poverty in individuals lives, alleviate homelessness and rescue and restore victims of human trafficking and sexual exploitation.
What are the organization's key strategies for making this happen?
We seek to give everyone inner city access to a restored life and we do that primarily through The Lovewell center and Purchased: Not for Sale.
What are the organization's capabilities for doing this?
We are partnering with a licensed trauma counselor, clinical case managers and have program structures that support our goals.
What have they accomplished so far and what's next?
In 2019:
Pop Up Lovewell: meet 60 consecutive Mondays (Meeting 1 time week in temporary location at this time)
Volunteers Served: over 100 serving in different capacities
Trained through Equip: 45 trained volunteers
Church Partnerships: volunteers representing 15-20 different local churches
15-20 New members enrolled weekly
60 different classes/ lessons taught
Over 800 Lovewell membership cards register since Jan of 2018
Next - Building The Lovewell Center so more relationships can be built, more classes taught and opportunities for more resources expanded!
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
0.00
Months of cash in 2023 info
6.1
Fringe rate in 2023 info
9%
Funding sources info
Assets & liabilities info
Financial data
Hub Lafayette-Urban Ministries
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Hub Lafayette-Urban Ministries’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
Profitability info | 2021 | 2022 | 2023 |
---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $262,531 | $147,287 | $623,666 |
As % of expenses | 209.6% | 66.2% | 136.4% |
Unrestricted surplus (deficit) after depreciation | $209,922 | $112,831 | $515,746 |
As % of expenses | 118.0% | 43.9% | 91.2% |
Revenue composition info | |||
---|---|---|---|
Total revenue (unrestricted & restricted) | $387,810 | $369,682 | $1,081,047 |
Total revenue, % change over prior year | 0.0% | -4.7% | 192.4% |
Program services revenue | 68.4% | 93.2% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% |
Investment income | 0.0% | 0.0% | 0.0% |
Government grants | 23.2% | 6.8% | 12.5% |
All other grants and contributions | 8.4% | 0.0% | 87.5% |
Other revenue | 0.0% | 0.0% | 0.0% |
Expense composition info | |||
---|---|---|---|
Total expenses before depreciation | $125,280 | $222,396 | $457,381 |
Total expenses, % change over prior year | 0.0% | 77.5% | 105.7% |
Personnel | 39.9% | 42.4% | 47.0% |
Professional fees | 11.7% | 2.6% | 1.4% |
Occupancy | 11.8% | 13.6% | 15.6% |
Interest | 0.0% | 0.0% | 0.0% |
Pass-through | 0.0% | 0.0% | 0.0% |
All other expenses | 36.6% | 41.5% | 36.0% |
Full cost components (estimated) info | 2021 | 2022 | 2023 |
---|---|---|---|
Total expenses (after depreciation) | $177,889 | $256,852 | $565,301 |
One month of savings | $10,440 | $18,533 | $38,115 |
Debt principal payment | $0 | $0 | $0 |
Fixed asset additions | $310,000 | $164,938 | $523,479 |
Total full costs (estimated) | $498,329 | $440,323 | $1,126,895 |
Capital structure indicators
Liquidity info | 2021 | 2022 | 2023 |
---|---|---|---|
Months of cash | 13.9 | 7.2 | 6.1 |
Months of cash and investments | 13.9 | 7.2 | 6.1 |
Months of estimated liquid unrestricted net assets | 14.2 | 7.1 | 6.1 |
Balance sheet composition info | 2021 | 2022 | 2023 |
---|---|---|---|
Cash | $145,105 | $133,740 | $231,288 |
Investments | $0 | $0 | $0 |
Receivables | $0 | $0 | $0 |
Gross land, buildings, equipment (LBE) | $316,920 | $481,857 | $1,005,337 |
Accumulated depreciation (as a % of LBE) | 18.8% | 19.5% | 20.1% |
Liabilities (as a % of assets) | -0.9% | 0.5% | 0.0% |
Unrestricted net assets | $406,143 | $518,974 | $1,034,720 |
Temporarily restricted net assets | N/A | N/A | N/A |
Permanently restricted net assets | N/A | N/A | N/A |
Total restricted net assets | $0 | $0 | $0 |
Total net assets | $406,143 | $518,974 | $1,034,720 |
Key data checks
Key data checks info | 2021 | 2022 | 2023 |
---|---|---|---|
Material data errors | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Mrs Teri Dupuy-Gore
Number of employees
Source: IRS Form 990
Hub Lafayette-Urban Ministries
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Hub Lafayette-Urban Ministries
Board of directorsas of 08/07/2024
Board of directors data
Mr Harry Wells
ARI
Term: 2018 -
Mr Mike Haydell
Haydell Industires
Term: 2018 -
Stephen Smith
Fishing Guide
Bruce Larriviere
Salvage
Mike Haydell
Haydell Industries
Russ "Harry" Wells
ARI
Solange Noriega
Wound Care clinic
Jason Myers
Superior
Keith Kishbough
Kishbough Construction
Bonnie Boudier
Vounteer
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
No data
Transgender Identity
No data
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 03/13/2022GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.