H O P E Werner Housing INC

Tax-deductible

Oxon Hill, MD501(c)(3)HousingEIN 52-2214807Revenue $108K in FY2024

On file with the IRS6188 Oxon Hill Rd Ste 700, 20745-3151 · Oxon Hill, MDTax-exempt since Mar 2000Publicly supported — 509(a)(2)

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To provide affordable Housing to the chronically mentally disabled under section 811 of the national affordable Housing act.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
Run by 13 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $13K a year · 12% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 4.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$866K
153% of total assets
Concern: liabilities are 153% of assets; over 80%.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$108K
-2% vs prior year
Spent
$125K
To programs
56%
Net assets
−$299K
By yearFY2020–FY2024
Revenue
$108K
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$95K
FY2021$100K
FY2022$105K
FY2023$110K
FY2024$108K
Expenses
$125K
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$103K
FY2021$118K
FY2022$116K
FY2023$120K
FY2024$125K
Net assets
−$299K
FY2024▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020−$242K
FY2021−$261K
FY2022−$272K
FY2023−$282K
FY2024−$299K

From the FY2024 Form 990 (year ending June 2024) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $70K Management & general 44% · $55K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director Thru 12/7/2023
$0Pt VII · Sec A
$0Pt VII · Sec A
Director Thru 1/4/2024
$0Pt VII · Sec A
$0Pt VII · Sec A
See H O P E Werner Housing INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable housing for the chronically mentally disabled.

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Provided by the organization

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1 program · $70K · in their own filed words · FY2023
01

H.O.P.E. Werner housing, inc. Is a maryland corporation organized in 2000 for the purpose of constructing and operating three group homes consisting of 9 units for the developmentally disabled in prince george's county, maryland. The organization receives assistance under provisions of section 811 of the national affordable housing act.

$70Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$108K
Ln 12
Fees for servicesLn 2g$60K
Gifts and grantsLn 1h$48K
Other incomeLn 4–11$444
Money outPt IX
$125K
Ln 25
Programscol B$70K
Managementcol C$55K
Owns and owesPt X
−$299K
net assets · Ln 32
Cash and savingsLn 1–2$49K
Total assetsLn 16$567K
LiabilitiesLn 26$866K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$48K
Government grantsLn 1e$48K
Fees for servicesLn 2g$60K
Investment incomeLn 3$25
Other incomeLn 4–11$444
Total revenueLn 12$108K
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$40K
Cash and savings togetherLn 1–2$49K
Land, buildings, equipmentLn 10c$509K
Other assetsLn 15$4K
Total assetsLn 16$567K
LiabilitiesLn 26$866K
Net assetsLn 32−$299K
OperationsPt I, VI
EmployeesI 50
VolunteersI 613
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$43K$49K
Land, buildings, equipmentLn 10c$529K$509K
Total assetsLn 16$582K$567K
LiabilitiesLn 26$864K$866K
Net assetsLn 32−$282K−$299K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$7K$7K
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$10K$9K$488
Office expensesLn 13$3K$3K
OccupancyLn 16$31K$31K
Depreciation, depletion and amortizationLn 22$22K$22K
Other expenses (24a–d)Ln 24$33K$8K$26K
Total functional expensesLn 25$125K$70K$55K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $108K$125K−$17K−$299K 990 PDF
FY2023 $110K$120K−$10K−$282K 990 PDF
FY2022 $105K$116K−$11K−$272K 990 PDF
FY2021 $100K$118K−$19K−$261K 990 PDF
FY2020 $95K$103K−$7K−$242K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $107,765 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $56,496$47,575
I-9 Program service revenuePrior year $53,785$59,721
I-10 Investment incomePrior year $28$25
I-11 Other revenuePrior year $0$444
I-12 Total revenuePrior year $110,309$107,765
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $120,494$124,671
I-18 Total expensesPrior year $120,494$124,671
I-19 Revenue less expensesPrior year −$10,185−$16,906
Part VI · Governance 9 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $107,765 across 6 lines filed
VIII-1e Government grants$47,575
VIII-1h Total contributions, gifts and grants$47,575
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $59,721$59,721
VIII-3 Investment incomeExcluded from tax $25$25
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $444$444
VIII-12 Total revenueRelated to mission $59,721 · Unrelated business $0 · Excluded from tax $469$107,765
Part IX · Statement of functional expenses $124,671 across 7 lines filed
IX-11a Management feesManagement $6,701$6,701
IX-11c Accounting feesManagement $18,627$18,627
IX-11g Other fees for servicesPrograms $9,171 · Management $488$9,659
IX-13 Office expensesManagement $3,317$3,317
IX-16 OccupancyPrograms $30,546$30,546
IX-22 Depreciation, depletion and amortizationPrograms $22,487$22,487
IX-24 Other expenses (24a–d)Programs $7,730 · Management $25,604$33,334
IX-25 Total functional expensesPrograms $69,934 · Management $54,737 · Fundraising $0$124,671
Part X · Balance sheet $566,746 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $7,755$9,158
X-2 Savings and temporary cash investmentsStart of year $35,067$40,190
X-4 Accounts receivableStart of year $1,358$5,137
X-9 Prepaid expenses and deferred chargesStart of year $5,220$0
X-10c Land, buildings and equipment, netStart of year $529,376$508,654
X-15 Other assetsStart of year $3,604$3,607
X-16 Total assetsStart of year $582,380$566,746
X-17 Accounts payable and accrued expensesStart of year $13,009$14,695
X-19 Deferred revenueStart of year $0$20
X-26 Total liabilitiesStart of year $864,473$865,745
X-27 Net assets without donor restrictionsStart of year −$282,093−$298,999
X-32 Total net assets or fund balancesStart of year −$282,093−$298,999
X-33 Total liabilities and net assetsStart of year $582,380$566,746
Part XI · Reconciliation of net assets −$298,999 net assets at year end
XI-1 Total revenue$107,765
XI-2 Total expenses$124,671
XI-3 Revenue less expenses−$16,906
XI-4 Net assets at start of year−$282,093
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$298,999

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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