Hohme Team EIN 81-0929217 Form 990 (PDF) Claim this org

Hohme Team

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Restores joy by partnering with organizations providing solutions for vulnerable communities. For fiscal year 2024 it reported $1.3M in revenue, $1.3M in expenses, and $377K in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Zionsville, IN
Website
hohmeteam.org
Filings
3 on file (2022–2024)
Revenue
$1.3MFY2024
Expenses
$1.3M
Net assets
$377K
People
3
Filings
3
Updates
0
More identity details & actions ⌄
EIN  81-0929217 Public charity (501(c)(3)) Zionsville, IN
Form 990 (PDF)
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Size
$1–10M
What they do
Restores joy by partnering with organizations providing solutions for vulnerable communities.
Leadership
Hanna Koenig · Secretary
Money in and out
$1.3M revenue, $1.3M expenses
Bottom line
98% program efficiency
Where the money goes · FY2024
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$377K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$10K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate▼ -72% vs prior filing year
Surplus margin
-0.8%
revenue over expenses, this year▼ -107% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.3M
FY2024▲ +213%
Expenses
$1.3M
FY2024▲ +256%
Total assets
$377K
FY2024▼ -3%
Total liabilities
$0
FY2024
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$377K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$10K
Total assetsPt X · Ln 16$377K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHohme Team
EINHdr · item D81-0929217
Principal addressHdr · item CZionsville, IN
WebsiteHdr · item Jhohmeteam.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L12)
Ruling yearIRS BMFMar 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $1.3M of program spending, described in the organization's own filed words · FY2024.
01

We partnered with local nonprfit organizations who are committed to championing the less marginalized and less fortunate and helping spread joy to local communities. We provided resources to improve operations and infrastructure and grants to help create life-changing experiences for children and their families who have been historically…

$1.1Mprogram expense
02

We partnered with Hustle 2.0 to reduce crime, violence, and recidivism by equipping incarcerated people with the motivation, knowledge, and skills to transform their lives by changing their thoughts and behaviors.

$136Kprogram expense
03

We partnered with local churches and other nonprfit organizations who are committed to sharing the love of Jesus in tangible ways, lifting up the marginalized, and advocating for the voiceless.

$18Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$1.3M
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$1.3M
Management & general2%$28K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$377K
Total assetsLn 16$377K
Total liabilitiesLn 26$0
Total net assetsLn 32$377K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $377K · Operating expenses/yr $1.3M
3.5 months
Where the money goes
Program services
Program services $1.3M · Total expenses $1.3M
98%
Management & General
Management & general $28K · Total expenses $1.3M
2%
Fundraising
Fundraising $0 · Total expenses $1.3M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $639K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.3M
100%
Government reliance
Government grants $0 · Total revenue $1.3M
0%
Earned-income share
Program service revenue $0 · Total revenue $1.3M
0%
Investment reliance
Investment income $0 · Total revenue $1.3M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.3M
0%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $415K
+213%
Net-asset trend (YoY)
End of year $377K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $1.3M
-0.8%
Liabilities-to-Assets
Total liabilities — · Total assets $377K
Net-asset ratio
Net assets $377K · Total assets $377K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $377K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Hanna Koenig · Reported title Secretary · Highest reported compensation $0 · Total expenses $1.3M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1.3M
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 213%
Accounting fee ratio 0.1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$6K
Grants paid · 8 grants · $2.0M · 2022–2024
Foundation FundOH · FY2024$1,100,000
Hustle 2 0FY2024$136,214
Hustle 20FY2023$238,125
Saltexchange INCNY · FY2023$79,318
Hustle 20FY2022$356,111
Pequenos AmigosIN · FY2022$46,588

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.3M revenue · viewing · ⤓ 990 PDF
FY2023$415K revenue · ⤓ 990 PDF
FY2022$819K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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