SOUTH GEORGIA HOUSE OF HOPE INC

EIN: 202620971 501(c)(3) Mental Health

VALDOSTA, GA

Total Revenue
$3,028,413
Total Expenses
$592,903
Total Assets
$3,339,498
Net Assets
$3,201,156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
GA
Principal Officer
SHARON WAGNER
Phone
2292412707
Tax Period
2023-01-01 to 2023-12-31

SOUTH GEORGIA HOUSE OF HOPE INC, founded in 2005, is a community nonprofit in the Mental Health sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 252% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 80% operating margin.

Mission

OUR MISSION IS TO HELP PEOPLE FIND FREEDOM, HEALING AND WHOLENESS THROUGH AN INTIMATE RELATIONSHIP WITH JESUS CHRIST. OUR OBJECTIVE IS TO RELEASE THE LOVE OF THE FATHER, INSTILLING A SENSE OF VALUE, PURPOSE AND SENSITIVITY WHICH WILL CREATE PEOPLE OF GOD WHO WILL MAKE A DIFFERENCE IN THEIR FAMILIES, CHURCH, COMMUNITIES AND THE NATIONS. WE ACCOMPLISH THESE OBJECTIVES BY OPERATING A LONG-TERM FAITHBASED HOME FOR WOMEN OVERCOMING ALCOHOLISM, ADDICTION, AND ABUSE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,548,443
Program Service Revenue $465,027
Investment Income $-1,091
Other Revenue $16,034
TOTAL REVENUE $3,028,413

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,391
Fundraising Expenses $0
Program Expenses $477,415
Other Expenses $468,512
TOTAL EXPENSES $592,903

Year-over-Year Comparison

2023 2022 Change
Revenue $3,028,413 $860,522 +2.5%
Expenses $592,903 $488,349 +0.2%
Net Income $2,435,510 $372,173 +5.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
4
Employees
19
Volunteers
307

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$46,800
Total Directors
6
$46,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD WAGNER VICE PRESIDE 40.00
Officer Director
$26,000 $0 $26,000
SHARON WAGNER PRESIDENT 40.00
Officer Director
$20,800 $0 $20,800
MARY COURSON BOARD MEMBER N/A
Director
$0 $0 $0
DENISE HATTON TREASURER N/A
Director
$0 $0 $0
CRYSTAL LAHOOD BOARD MEMBER N/A
Director
$0 $0 $0
CATHY PARKER BOARD MEMBER N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $2,128,413 $592,903 $2,439,498 $1,535,510
2023 $3,028,413 $592,903 $3,339,498 $2,435,510
2022 $860,522 $488,349 $798,497 $372,173
2021 $636,094 $454,646 $438,783 $181,448
2021 $683,031 $454,646 $514,854 $228,385
2020 $343,635 $343,635 $311,502 No data
2019 $379,347 $358,325 $183,523 $21,022
2018 $452,386 $403,919 $160,029 $48,467
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