Sanctified Hope Inc

aka Sanctified Hope Transitional Home For Women | Weatherford, TX | www.sanctifiedhope.org

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GuideStar Charity Check

Sanctified Hope Inc

EIN: 47-4734949

Contributions tax deductible
as of May 2023

IRS BMF 509(a)(1)
as of May 08, 2023

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Charity Check report

Mission

Sanctified Hope is a Christian, non-profit transitional program for formerly incarcerated individuals offering housing, Christ-Centered training, education and life skills that lead to career opportunities and successful integration into society

Ruling year info

2015

Principal Officer

Kim Brewer

Main address

PO Box 581

Weatherford, TX 76086 USA

Show more contact info

EIN

47-4734949

Subject area info

Offender re-entry

Christianity

Human services

Temporary accomodations

Population served info

Women and girls

NTEE code info

Human Service Organizations (P20)

Christian (X20)

Transitional Care, Half-Way House for Offenders/Ex-Offenders (I31)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Re-Entry, Re-Store, Re-Integrate

This program is a sponsorship program for women who do not have the financial resources to pay their participant fee for the first six months.

Population(s) Served

Women and girls

Where we work

External reviews

Financials

Sanctified Hope Inc

Fiscal year: Jan 01 - Dec 31

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021

SOURCE: IRS Form 990

0.63

Average of 0.19 over 6 years

Months of cash in 2021

SOURCE: IRS Form 990

7.3

Average of 2.5 over 6 years

Fringe rate in 2021

SOURCE: IRS Form 990

8%

Average of 4% over 6 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

Source: IRS Form 990

Digitizing IRS form 990 data

Sanctified Hope Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: Download Data

Revenue
Contributions	$93,447
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$93,447

Expenses
Grants	$0
Salaries & Employee Benefits	$26,523
Professional Fees	$210
Occupancy	$2,328
Printing, Publications, Postage, etc.	$630
Other Expenses	$20,990
Total Expenses	$50,681
Net Gain/Loss	$42,766

Revenue
Contributions	$114,949
Program Services	$0
Investments	$0
Special Events	$23,399
Sales	$1,224
Other	$0
Total Revenue	$139,572

Expenses
Grants	$0
Salaries & Employee Benefits	$69,989
Professional Fees	$2,845
Occupancy	$31,112
Printing, Publications, Postage, etc.	$664
Other Expenses	$38,045
Total Expenses	$142,655
Net Gain/Loss	($3,083)

Revenue
Contributions	$128,870
Program Services	$0
Investments	$0
Special Events	$38,382
Sales	$1,201
Other	$0
Total Revenue	$168,453

Expenses
Grants	$0
Salaries & Employee Benefits	$83,452
Professional Fees	$5,067
Occupancy	$0
Printing, Publications, Postage, etc.	$839
Other Expenses	$69,057
Total Expenses	$158,415
Net Gain/Loss	$10,038

Revenue
Contributions	$217,257
Government Grants	$0
Program Services	$0
Investments	$940
Special Events	$4,352
Sales	$2,455
Other	$32,051
Total Revenue	$257,055

Expenses
Program Services	$185,977
Administration	$49,782
Fundraising	$5,648
Total Expenses	$241,407
Net Gain/Loss	$15,648

Functional expenses
Accounting Fees	$250
Advertising & Promotion	$1,766
Information Technology Expenses	$1,075
Insurance Expenses	$12,427
Interest Expenses	$10,673
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$227,138
Government Grants	$0
Program Services	$0
Investments	$1,000
Special Events	$34,100
Sales	$1,139
Other	$0
Total Revenue	$263,377

Expenses
Program Services	$207,158
Administration	$64,020
Fundraising	$0
Total Expenses	$271,178
Net Gain/Loss	($7,801)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$1,028
Information Technology Expenses	$0
Insurance Expenses	$18,245
Interest Expenses	$17,857
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$406,700
Government Grants	$23,800
Program Services	$0
Investments	($989)
Special Events	$40,833
Sales	$0
Other	$0
Total Revenue	$470,344

Expenses
Program Services	$164,336
Administration	$50,477
Fundraising	$2,682
Total Expenses	$217,495
Net Gain/Loss	$252,849

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$821
Information Technology Expenses	$0
Insurance Expenses	($1,083)
Interest Expenses	$10,307
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Sanctified Hope Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

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 ending: Download Data

Assets	Jan 01, 2016	Dec 31, 2016	Change
Contributions	$93,447
Cash & Equivalents	$2,935	$43,208	$40,273
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$1,421	$6,358	$4,937
Total Assets	$4,356	$49,566	$45,210

Liabilities	Jan 01, 2016	Dec 31, 2016	Change
Total Liabilities	$0	$2,444	$2,444

Fund balance	Jan 01, 2016	Dec 31, 2016	Change
Net Assets	$4,356	$47,122	$42,766

Assets	Jan 01, 2017	Dec 31, 2017	Change
Contributions	$114,949
Cash & Equivalents	$43,208	$44,388	$1,180
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$6,358	$3,954	($2,404)
Total Assets	$49,566	$48,342	($1,224)

Liabilities	Jan 01, 2017	Dec 31, 2017	Change
Total Liabilities	$2,444	$1,155	($1,289)

Fund balance	Jan 01, 2017	Dec 31, 2017	Change
Net Assets	$47,122	$48,342	$1,220

Assets	Jan 01, 2018	Dec 31, 2018	Change
Contributions	$128,870
Cash & Equivalents	$44,388	$60,428	$16,040
Fixed Assets (LBE - Depreciation)	$0	$248,104	$248,104
Other	$3,954	$1,982	($1,972)
Total Assets	$48,342	$310,514	$262,172

Liabilities	Jan 01, 2018	Dec 31, 2018	Change
Total Liabilities	$1,155	$246,574	$245,419

Fund balance	Jan 01, 2018	Dec 31, 2018	Change
Net Assets	$48,342	$310,514	$262,172

Assets	Jan 01, 2019	Dec 31, 2019	Change
Contributions	$217,257
Cash & Equivalents	$63,269	$75,719	$12,450
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$4,708	$4,708
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$250,087	$240,171	($9,916)
Other	$0	$12,321	$12,321
Total Assets	$313,356	$332,919	$19,563

Liabilities	Jan 01, 2019	Dec 31, 2019	Change
Accounts Payable	$1,398	$6,574	$5,176
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$244,040	$232,599	($11,441)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$245,438	$239,173	($6,265)

Fund balance	Jan 01, 2019	Dec 31, 2019	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$14,049	$24,250	$10,201
Unrestricted Net Assets	$53,869	$69,496	$15,627
Net Assets	$67,918	$93,746	$25,828

Assets	Jan 01, 2020	Dec 31, 2020	Change
Contributions	$227,138
Cash & Equivalents	$75,719	$79,833	$4,114
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$4,708	$1,500	($3,208)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$240,171	$425,595	$185,424
Other	$12,321	$0	($12,321)
Total Assets	$332,919	$506,928	$174,009

Liabilities	Jan 01, 2020	Dec 31, 2020	Change
Accounts Payable	$6,574	$3,832	($2,742)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$232,599	$397,116	$164,517
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$239,173	$400,948	$161,775

Fund balance	Jan 01, 2020	Dec 31, 2020	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$24,250	$24,255	$5
Unrestricted Net Assets	$69,496	$81,725	$12,229
Net Assets	$93,746	$105,980	$12,234

Assets	Jan 01, 2021	Dec 31, 2021	Change
Contributions	$406,700
Cash & Equivalents	$79,833	$121,795	$41,962
Accounts Receivable	$1,500	$25	($1,475)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$425,595	$405,796	($19,799)
Other	$0	$0	$0
Total Assets	$506,928	$527,616	$20,688

Liabilities	Jan 01, 2021	Dec 31, 2021	Change
Accounts Payable	$3,832	$2,222	($1,610)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$397,116	$190,819	($206,297)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$400,948	$193,041	($207,907)

Fund balance	Jan 01, 2021	Dec 31, 2021	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$24,255	$0	($24,255)
Unrestricted Net Assets	$81,725	$334,575	$252,850
Net Assets	$105,980	$334,575	$228,595

Sanctified Hope Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of Sanctified Hope Inc’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

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2019	2020	2021
Unrestricted surplus (deficit) before depreciation	$24,908	$25,274	$268,759
As % of expenses	10.7%	9.8%	133.3%
Unrestricted surplus (deficit) after depreciation	$15,627	$12,229	$252,850
As % of expenses	6.5%	4.5%	116.3%

Revenue composition
Total revenue (unrestricted & restricted)	$257,055	$263,377	$470,344
Total revenue, % change over prior year	0.0%	2.5%	78.6%
Program services revenue	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%
Investment income	0.0%	0.0%	0.0%
Government grants	0.0%	0.0%	5.1%
All other grants and contributions	86.2%	99.2%	95.2%
Other revenue	13.8%	0.8%	-0.2%

Expense composition
Total expenses before depreciation	$232,126	$258,133	$201,586
Total expenses, % change over prior year	0.0%	11.2%	-21.9%
Personnel	45.3%	48.1%	56.4%
Professional fees	0.1%	0.0%	0.0%
Occupancy	0.0%	0.0%	0.0%
Interest	4.6%	6.9%	5.1%
Pass-through	0.0%	0.0%	0.0%
All other expenses	50.0%	45.0%	38.5%

Full cost components (estimated)	2019	2020	2021
Total expenses (after depreciation)	$241,407	$271,178	$217,495
One month of savings	$19,344	$21,511	$16,799
Debt principal payment	$8,607	$0	$203,199
Fixed asset additions	$0	$198,469	$0
Total full costs (estimated)	$269,358	$491,158	$437,493

Capital structure indicators

Liquidity	2019	2020	2021
Months of cash	3.9	3.7	7.3
Months of cash and investments	3.9	3.7	7.3
Months of estimated liquid unrestricted net assets	-0.8	-1.9	2.9

Balance sheet composition	2019	2020	2021
Cash	$75,719	$79,833	$121,795
Investments	$0	$0	$0
Receivables	$4,708	$1,500	$25
Gross land, buildings, equipment (LBE)	$256,038	$455,927	$450,927
Accumulated depreciation (as a % of LBE)	6.2%	6.7%	10.0%
Liabilities (as a % of assets)	71.8%	79.1%	36.6%
Unrestricted net assets	$69,496	$81,725	$334,575
Temporarily restricted net assets	N/A	N/A	N/A
Permanently restricted net assets	N/A	N/A	N/A
Total restricted net assets	$24,250	$24,255	$0
Total net assets	$93,746	$105,980	$334,575

Key data checks

Key data checks	2019	2020	2021
Material data errors	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

Principal Officer

Kim Brewer

Kim and her husband, Clint have been married for 25 years. They are the parents to 3 wonderful children, Kattie (22), Koryn (19), and Camden (10) as well as a son-in-love Jay (22). They have been in ministry in the local church for the past 18 years in kids, youth and missions/ outreach ministries and love to serve together as a couple and as a family. Kim served on staff for 13.5 years at a local church as the Administrative Assistant to the Children's and Youth Ministries and as the Missions Coordinator. Her heartbeat is to connect people to the gifts that God has put in them so that they can live out the purpose He has for them. She state, "It is such a blessing to be able to serve the women of Sanctified Hope and help them to understand who the HE calls them! Then to help them understand what there their purpose is and to help them to live it out!"

Number of employees

Source: IRS Form 990

Sanctified Hope Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Sanctified Hope Inc

Board of directors
as of 02/05/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Janet Duvall

Board co-chair

Kathy Manning

Sonya Lee

Dean Suedmeyer

New Life Fellowship

Ava Blais

Arleen Atkins

Weatherford College

Jennifer Williams

Trinity Title

Tommy Turner

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Not applicable
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 2/5/2023

Candid has made improvements to the race and ethnicity options.

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

White/Caucasian/European

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

Race & ethnicity

No data

Gender identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 02/05/2023

GuideStar 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

Data

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.

Policies and processes

We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
We have community representation at the board level, either on the board itself or through a community advisory board.
We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
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.

Sanctified Hope Inc

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

Our programs

Re-Entry, Re-Store, Re-Integrate

Where we work

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2021 info

0.63

Months of cash in 2021 info

7.3

Fringe rate in 2021 info

8%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Sanctified Hope Inc

Sanctified Hope Inc

Sanctified Hope Inc

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Principal Officer

Kim Brewer

Number of employees

Sanctified Hope Inc

Compensation data

Sanctified Hope Inc

Board of directors data

Janet Duvall

Kathy Manning

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Equity strategies

Liquidity in 2021

Months of cash in 2021

Fringe rate in 2021

Funding sources

Assets & liabilities