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Homeless Not Hopeless, Inc.

We offer a hand up not a handout

aka HnH, Inc   |   Hyannis, MA   |  http://homelessnothopeless.org

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GuideStar Charity Check

Homeless Not Hopeless, Inc.

EIN: 26-0604808


Mission

Our mission is to help homeless men and women get off the street by: - Teaching occupational and life skills that will lead to independent living - Training them to deal with medical, psychological, spiritual, and addiction issues - Helping those who are capable to find employment or volunteer their time - Facilitating goal setting and acquisition of financial assistance for residents - Providing shelter including kitchen facilities where they learn to live cooperatively with others - Educating and advocating for the needs of the homeless community.

Ruling year info

2008

President

Mr Richard Murphy

Main address

119 Baxter Road

Hyannis, MA 02601 USA

Show more contact info

EIN

26-0604808

Subject area info

Special population support

Shelter and residential care

Population served info

Substance abusers

Incarcerated people

Economically disadvantaged people

Immigrants and migrants

Victims of crime and abuse

Show more populations served

NTEE code info

Alliance/Advocacy Organizations (L01)

Low-Cost Temporary Housing (includes Youth Hostels) (L40)

Other Housing, Shelter N.E.C. (L99)

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

Communication

Blog

Programs and results

What we aim to solve

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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?

Homeless Not Hopeless Inc.

Located in Hyannis, Massachusetts our four homes, two for women and two for men offer 50 beds for formerly homeless individuals. We provide an affordable, safe, sober, and supportive home environment where respect is given and expected.

Our organization is actively managed by men and women who were formerly homeless themselves. They are aware of the problems and the issues the homeless face and are equipped to help others.

Residents share expenses by paying a monthly community fee. in order to offset operating costs and to learn financial responsibility. This supports the goal of becoming self-sufficient and independent in order to transition into their communities as productive members of society.

Each member of a home shares the cost of food. Meals are eaten family style where problems and suggested solutions are shared.

Each resident determines his/her goals.

Our homes are classrooms where our community members learn the skills they need for independent living.

Population(s) Served
Substance abusers
Incarcerated people
Victims of crime and abuse
Victims of disaster
Veterans

Where we work

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Homeless Not Hopeless, Inc.
Fiscal year: Oct 01 - Sep 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.18

Average of 0.18 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

4.1

Average of 4 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 11% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Homeless Not Hopeless, Inc.

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Homeless Not Hopeless, Inc.

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

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: cloud_download Download Data

Homeless Not Hopeless, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of Homeless Not Hopeless, 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.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $18,947 $41,730 $37,827 $43,828 $59,920
As % of expenses 7.2% 15.7% 13.1% 14.4% 18.7%
Unrestricted surplus (deficit) after depreciation -$33,769 -$6,734 -$5,878 $3,166 $19,260
As % of expenses -10.6% -2.1% -1.8% 0.9% 5.3%
Revenue composition info
Total revenue (unrestricted & restricted) $280,484 $307,028 $326,938 $348,598 $380,883
Total revenue, % change over prior year -36.2% 9.5% 6.5% 6.6% 9.3%
Program services revenue 70.0% 62.7% 70.4% 65.1% 56.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 11.1% 8.0% 34.9% 43.9%
All other grants and contributions 29.9% 26.2% 21.6% 0.0% 0.0%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $264,497 $265,298 $289,111 $304,770 $320,963
Total expenses, % change over prior year -6.3% 0.3% 9.0% 5.4% 5.3%
Personnel 13.8% 15.6% 15.8% 14.5% 13.6%
Professional fees 0.4% 1.2% 1.9% 2.7% 4.7%
Occupancy 13.7% 12.5% 28.1% 22.7% 25.4%
Interest 15.6% 14.2% 12.3% 8.9% 9.6%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 56.6% 56.5% 41.9% 51.2% 46.7%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $317,213 $313,762 $332,816 $345,432 $361,623
One month of savings $22,041 $22,108 $24,093 $25,398 $26,747
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $339,254 $335,870 $356,909 $370,830 $388,370

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 3.8 3.9 3.6 3.4 4.1
Months of cash and investments 3.8 3.9 3.6 3.4 4.1
Months of estimated liquid unrestricted net assets -31.1 -29.1 -25.2 -22.1 -18.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $84,096 $86,890 $87,212 $87,172 $108,336
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $1,749,591 $1,749,591 $1,749,381 $1,749,381 $1,749,381
Accumulated depreciation (as a % of LBE) 12.7% 15.5% 18.0% 20.3% 22.6%
Liabilities (as a % of assets) 47.8% 46.7% 45.5% 43.8% 41.8%
Unrestricted net assets $841,708 $834,974 $829,096 $832,262 $851,522
Temporarily restricted net assets $0 $0 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $841,708 $834,974 $829,096 $832,262 $851,522

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No 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

President

Mr Richard Murphy

Number of employees

Source: IRS Form 990

Homeless Not Hopeless, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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.

Homeless Not Hopeless, Inc.

Board of directors
as of 02/02/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Richard Murphy

Richard Murphy

John Niland

Theresa Brosnan

Frank Cimeno

Jack D'Ambrosia

Maureen Hughes

Dr. Richard LaJava

Jud Phelps

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? Not applicable
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • 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? Not applicable
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable