East Nashville Hope Exchange, Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$212,525.00
Projected Expenses
$212,525.00
Organizational Budgets and Other Documents
| 2023 Proposed Budget | 2023 |
| 2022 Budget | 2022 |
| 2021 Budget | 2021 |
| 2020 Budget | 2020 |
| 2019 Budget | 2019 |
| 2018 Budget | 2018 |
| 2017 Budget | 2017 |
| 2016 Budget | 2016 |
| 2016 Budget - Revised | 2016 |
| 2015 Revised Budget | 2015 |
| Budget | 2014 |
| Budget | 2013 |
IRS Letter of Exemption
| East Nashville Hope Exchange Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $267,482.00 | $203,151.00 | $169,935.00 |
| Total Expenses | $205,422.00 | $168,361.00 | $146,802.00 |
| Revenue Less Expenses | $62,060.00 | $34,790.00 | $23,133.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $116,523.00 | $180,242.00 | $0.00 |
| Contributions, Gifts, and Grants | $0.00 | $0.00 | $121,437.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $4,097.00 | $3,120.00 | $30.00 |
| Investment Income, Net of Losses | $3,391.00 | $0.00 | $1,364.00 |
| Membership Dues | $54,268.00 | $0.00 | $0.00 |
| Special Events | $26,839.00 | $19,789.00 | $2,871.00 |
| Revenue In-Kind | $7,020.00 | $0.00 | $7,568.00 |
| Other | $62,404.00 | $0.00 | $36,665.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $136,896.00 | $104,992.00 | $38,646.00 |
| Administration Expense | $41,448.00 | $57,704.00 | $108,156.00 |
| Fundraising Expense | $27,078.00 | $5,665.00 | $0.00 |
| Total Revenue/Total Expenses | 130% | 121% | 116% |
| Program Expense/Total Expenses | 67% | 62% | 26% |
| Fundraising Expense/Contributed Revenue | 13% | 3% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $116,523.00 | Government Grants $180,242.00 | Contributions, Gifts & Grants $121,437.00 |
| Second Highest Funding Source & Dollar Amount | Other Revenue $62,404.00 | Fundraising Events $19,789.00 | Other Income $36,665.00 |
| Third Highest Funding Source & Dollar Amount | Membership Dues $54,268.00 | Program Revenue $3,120.00 | In-Kind Contributions $7,568.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $296,314.00 | $194,119.00 | $159,329.00 |
| Current Assets | $276,437.00 | $184,313.00 | $159,329.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $500.00 | $0.00 | $0.00 |
| Total Net Assets | $295,814.00 | $194,119.00 | $159,329.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| 2022 ENHE 990 | 2022 |
| 2021 990 | 2021 |
| 2020 ENHE 990EZ | 2020 |
| 2019 ENHE 990 | 2019 |
| 2018 ENHE 990-EZ | 2018 |
| 2017 ENHE 990-EZ | 2017 |
| 2016 ENHE 990 | 2016 |
| 2015 ENHE 990 | 2015 |
| East Nashville Hope Exchange, Inc. 990 | 2014 |
| East Nashville Hope Exchange, Inc. 990 | 2013 |
| East Nashville Hope Exchange, Inc. 990 | 2012 |
| East Nashville Hope Exchange, Inc. 990 | 2011 |
| East Nashville Hope Exchange, Inc. 2010 990N | 2010 |
Audit Documents
| ENHE 2022 AUDIT | 2022 |
| 2020 Audit | 2020 |
| 2018 Audit | 2018 |
| 2017 Financial Statements | 2017 |
| 2016 Audit | 2016 |
| 2015 Audit | 2015 |
| 2014 Audit | 2014 |
| 2013 Audit | 2013 |
| East Nashville Hope Exchange, Inc. Audit | 2012 |
CEO/Executive Director/Board Comments
| East Nashville Hope Exchange has worked hard over the past few years to raise funds to expand programs and increase our impact in the community. As a result, over the past four years our budget has increased significantly. Each year our supporters have responded positively to our initiatives to increase programming, helping us to not only balance our budget, but end each year with greater income than expenses. |
Foundation Staff Comments
| Financial figures taken from Form 990. Form 990 was prepared internally by nonprofit. Comments provided by Hayley Sulfridge 11/20/23. |
