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Hope In The Mountains Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 134292623 ✦ Prestonsburg, KY ✦ Designated as a 501(c)(3)

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Overview

What is Hope In The Mountains Inc?

Hope in the Mountains Inc is a nonprofit organization dedicated to assisting women struggling with substance abuse. Located beyond the specifics provided, this organization offers comprehensive support through housing and counseling services, reaching over a hundred individuals. Their primary mission focuses on substance abuse treatment, using a holistic approach to help women overcome their challenges and rebuild their lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (52%)

Hope In The Mountains Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The overall score of 52% reflects a lack of independent board members and missing essential governance policies, such as conflict of interest and whistleblower protections. This raises red flags about the organization's commitment to best practices in nonprofit management.

Despite these shortcomings, the organization demonstrates strong financial health with a program expense ratio of 100%, indicating that all of its expenses are directed toward its programs. Additionally, it has a low liabilities to assets ratio, suggesting that it is managing its financial obligations effectively. However, the absence of a publicly accessible tax form and other critical documents on its website limits the transparency that donors and stakeholders typically expect.

The overall impression of Hope In The Mountains Inc is mixed. While the organization effectively channels its funds into programs, the lack of governance protocols and independent oversight could impact its credibility and donor trust. For potential supporters, it is crucial to weigh these factors before engaging with the nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Hope In The Mountains Inc legitimate?

Hope In The Mountains Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope In The Mountains Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $94,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $454,182

For more financial information, click here

What is the mission statement of Hope In The Mountains Inc?

Hope in the Mountains Inc's mission is centered around providing substance abuse treatment to women. They accomplish this by serving over a hundred individuals through their housing and counseling services. The organization's goal is to support these women in their recovery journey, aiming to help them overcome their addictions and lead healthier lives. Hope in the Mountains Inc's approach is holistic, addressing both the physical and emotional aspects of substance abuse. They strive to create a safe and nurturing environment where women can heal, learn, and grow. The organization's services are designed to empower women, giving them the tools and resources they need to rebuild their lives and achieve long-term sobriety.

Who is the CEO of Hope In The Mountains Inc?

Terry Kinzer is the President of Hope In The Mountains Inc.

What is the revenue of Hope In The Mountains Inc?

Hope In The Mountains Inc's revenue in 2023 was $1,069,392.

Who are the executives of Hope In The Mountains Inc and what are their salaries?

The average compensation at Hope In The Mountains Inc during 2023 was $22,873. There are 24 employees and 4 volunteers at Hope In The Mountains Inc.


Here are 7 key members and their salaries:


Renee Mccoy (Executive Direc)
  • Compensation: $94,772
  • Related: $0
  • Other: $0
Suzanne Hyden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Lee Crum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Spare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Kinzer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Inez Baldridge (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Kinzer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hope In The Mountains Inc?

Hope In The Mountains Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Hope In The Mountains Inc

Hope in the Mountains Inc is a dedicated organization that focuses on providing substance abuse treatment to women. Their mission is to serve over one hundred individuals, offering both housing and counseling services. By doing so, Hope in the Mountains Inc aims to help women overcome their substance abuse issues, ultimately enabling them to lead healthier and more fulfilling lives. Through their housing and counseling services, this nonprofit organization provides a supportive environment where women can receive the necessary assistance to overcome their substance abuse challenges. This holistic approach, which combines housing and counseling, allows Hope in the Mountains Inc to make a significant impact in the lives of the women it serves.

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Impact




October, 2024

Hope In The Mountains Inc has a significant impact on the lives of women struggling with substance abuse in Prestonsburg, KY. By providing comprehensive housing and counseling services, the organization has served over one hundred individuals, offering them a pathway to recovery and stability. The supportive environment fosters healing, allowing women to rebuild their lives while addressing the challenges of addiction. This initiative not only assists those directly involved but also positively influences families and the broader community by promoting healthier lifestyles and reducing the stigma associated with substance abuse. Through its dedicated services, Hope In The Mountains Inc plays a crucial role in transforming lives and restoring hope to individuals seeking a brighter future.




This information is meant to be a general summary of Hope In The Mountains Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,069,392 (2023)
Expenses
$944,574 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $56,313
  • Program Service Revenue: $972,954
  • Gross Receipts: $1,069,392

Assets and Liabilities:

  • Total Assets: $2,496,907
  • Total Liabilities: $8,096
  • Net Assets: $2,488,811

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Facilities

Revenue

$8,620

Insurance

Revenue

$960,546

Miscellaneous

Revenue

$1,051

Program fees

Revenue

$2,737

Organization Details

Founding Year

2004

Principal Officer

Terry Kinzer

Main Address

105 TRIMBLE CHAPEL SQUARE, PRESTONSBURG, KY, 41653

NTEE Category

Code: P72 - Human services

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