Form 990 for tax year 2022

Filed by ARMS OF HOPE.

Totals

Total revenue: $4,129,715
Total expenses: $2,392,561
Contributions and grants received: $4,206,535
Grants paid: $0
Program service revenue: $0
Investment income: $3,312
Other revenue: -$80,132
Total assets, end of year: $324,920
Total liabilities, end of year: $34,861,952
Net assets or fund balances, end of year: -$34,537,032
Program services expenses (Part IX): $1,593,146
Management and general expenses: $689,740
Fundraising expenses: $109,675
Program service expenses (Part III): $1,593,146

Program services were 66.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1c · Fundraising events

$133,841
1f · All other contributions, gifts and grants

$4,072,694
1g · Noncash contributions included above

$513,616
3 · Investment income

total $3,312 · excluded $3,312
8a · Fundraising events: gross income

$29,525
8a · Fundraising events: contributions included on line 1c

$133,841
8b · Fundraising events: direct expenses

$109,732
8c · Net income from fundraising events

total -$80,207 · excluded -$80,207
11a · Other revenue: MISCELLANEOUS INCOME

total $75 · excluded $75
11e · Other revenue, total

$75

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $575,610 · program services $575,610
7 · Other salaries and wages

total $719,313 · program services $65,402 · management and general $640,399 · fundraising $13,512
8 · Pension plan contributions

total $20,090 · program services $20,023 · management and general $2,942 · fundraising -$2,875
9 · Other employee benefits

total $109,545 · program services $98,286 · management and general $9,302 · fundraising $1,957
10 · Payroll taxes

total $95,315 · program services $90,876 · management and general $2,811 · fundraising $1,628
11b · Fees: legal

total $6,342 · program services $6,342
11c · Fees: accounting

total $96,000 · program services $96,000
11g · Fees: other

total $24,729 · program services $24,729
13 · Office expenses

total $137,717 · program services $114,005 · management and general $13,106 · fundraising $10,606
14 · Information technology

total $79,045 · program services $76,169 · management and general $2,840 · fundraising $36
17 · Travel

total $33,878 · program services $33,878
19 · Conferences, conventions and meetings

total $1,734 · program services $1,459 · management and general $175 · fundraising $100
23 · Insurance

total $24,228 · program services $24,228
24a · Other expenses: ALLOWANCES/ACTIVITIES

total $269,386 · program services $251,711 · management and general $17,171 · fundraising $504
24b · Other expenses: MISCELLANEOUS EXPENSE

total $74,659 · program services $12,135 · management and general $263 · fundraising $62,261
24c · Other expenses: GIK-PROGRAMS

total $45,260 · program services $45,260
24d · Other expenses: FOOD AND HOUSEHOLD EXPE

total $33,339 · program services $11,657 · management and general $453 · fundraising $21,229
24e · All other expenses

total $46,371 · program services $45,376 · management and general $278 · fundraising $717

Balance sheet

Part X, book values.

4 · Accounts receivable

beginning of year $6,886 · end of year $16,168
8 · Inventories for sale or use

beginning of year $3,285 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $295,489 · end of year $246,461
10a · Land, buildings and equipment: cost or other basis

$71,100
10b · Land, buildings and equipment: accumulated depreciation

$68,524
10c · Land, buildings and equipment, net

beginning of year $2,576 · end of year $2,576
11 · Investments: publicly traded securities

beginning of year $0 · end of year $59,715
17 · Accounts payable and accrued expenses

beginning of year $262,899 · end of year $330,758
25 · Other liabilities

beginning of year $30,906,302 · end of year $34,531,194
27 · Net assets without donor restrictions

beginning of year -$30,860,965 · end of year -$34,537,032

Mission and programs · 2022

Mission

TO TRANSFORM THE LIVES OF DISADVANTAGED CHILDREN, YOUTH AND FAMILIES BY PROVIDING HOPE AND SUPPORT IN A NURTURING, CHRISTIAN ENVIRONMENT.

ARMS OF HOPE THROUGH ITS RESIDENTIAL CHILD CARE, TOGETHER, COLLEGE AND CAREER, RIGHT START, AND OUTREACH MINISTRY PROGRAMS AT IT'S BOLES AND MEDINA CAMPUSES AND THROUGH ITS FAMILY OUTREACH MINISTRY OFFICES HELPS PROVIDE A SAFE HAVEN AND CHRISTIAN ENVIRONMENT TO CHILDREN AND SINGLE-MOTHER FAMILIES BY HELPING THEM AVOID HOMELESSNESS, POVERTY, ABUSE AND NEGLECT AND BY LEADING THEM TO LIVES OF SUSTAINING AND PRODUCTIVE CITIZENSHIP. OUR RESIDENTS ATTEND PUBLIC SCHOOL, NEARBY UNIVERSITIES OR TRADE SCHOOLS AND PARTICIPATE IN SCHOOL, CHURCH AND CAMPUS ACTIVITIES.

Expenses $1,593,146

As filed on the 2022 return.

Listed in Part VII

Jerry CoxJERRY COX

CHAIRMAN OF THE BOARD

Total calculated

$0

Hours/week

4 + 6 related
Scot FoithSCOT FOITH

VICE CHAIRMAN

Total calculated

$0

Hours/week

2 + 3 related
Beth WalkerBETH WALKER

SECRETARY/EXEC MEMBER

Total calculated

$0

Hours/week

2 + 3 related
Mike CalvertMIKE CALVERT

EXECUTIVE COMMITTEE MEMBER

Total calculated

$0

Hours/week

2 + 3 related
Kevin McDonaldKEVIN MCDONALD

DIRECTOR

Total calculated

$0

Hours/week

2 + 3 related
Bruce BarnardBRUCE BARNARD

DIRECTOR

Total calculated

$0

Hours/week

2 + 3 related
Jana WoelfelJANA WOELFEL

DIRECTOR

Total calculated

$0

Hours/week

2 + 3 related
Jerry BrowderJERRY BROWDER

DIRECTOR

Total calculated

$0

Hours/week

2 + 3 related
Dr Tom WinklerDR TOM WINKLER

DIRECTOR

Total calculated

$0

Hours/week

2 + 3 related
Randa UppRANDA UPP

DIRECTOR

Total calculated

$0

Hours/week

2 + 3 related
Dale HarbisonDALE HARBISON

DIRECTOR

Total calculated

$0

Hours/week

2 + 3 related
Troy RobertsonTROY ROBERTSON

PRESIDENT/CEO

Total calculated

$230,055

From this org

$204,566

From related orgs

$0

Other

$25,489

Hours/week

14 + 26 related

Schedule J breakdown matched by us

Base

$174,240

Bonus

$30,326

Other

$0

Deferred

$14,319

Nontaxable benefits

$11,170

Filer's total

$230,055
Scott StumboSCOTT STUMBO

CHIEF FINANCIAL OFFICER

Total calculated

$173,902

From this org

$154,901

From related orgs

$0

Other

$19,001

Hours/week

14 + 26 related

Schedule J breakdown matched by us

Base

$133,536

Bonus

$21,365

Other

$0

Deferred

$10,843

Nontaxable benefits

$8,158

Filer's total

$173,902
Nathalie McDonaldNATHALIE MCDONALD

CHIEF DEVELOPMENT OFFICER

Total calculated

$170,070

From this org

$159,701

From related orgs

$0

Other

$10,369

Hours/week

14 + 26 related

Schedule J breakdown matched by us

Base

$138,336

Bonus

$21,365

Other

$0

Deferred

$9,594

Nontaxable benefits

$775

Filer's total

$170,070
Joel DerroughJOEL DERROUGH

CAMPUS DIRECTOR

Total calculated

$141,865

From this org

$0

From related orgs

$126,984

Other

$14,881

Hours/week

0 + 40 related
Thomas WickhamTHOMAS WICKHAM

CAMPUS DIRECTOR

Total calculated

$128,163

From this org

$0

From related orgs

$108,916

Other

$19,247

Hours/week

0 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Independent compensation consultant
3 · Form 990 of other organizations
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

MEDINA CHILDREN'S HOME

501(C)(3) · OPERATING CHRISTIAN HOMES FOR THE CARE OF CHILDREN · TX · controlled entity

Directly controlled by ARMS OF HOPE
BOLES CHILDREN'S HOME

501(C)(3) · OPERATING CHRISTIAN HOMES FOR THE CARE OF CHILDREN · TX · controlled entity

Directly controlled by ARMS OF HOPE
BOLES CHILDREN'S HOME REALTY CORP

501(C)(2) · SUPPORTING ORGANIZATION · TX · controlled entity

Directly controlled by ARMS OF HOPE

Provenance

Return type: form_990
Tax year: 2022
Filed: 5 February 2024
IRS schema version: 2022v5.0
Source object: 202430439349301148

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