SCARLET HOPE INC

EIN: 270804557 501(c)(3) Human Services

LOUISVILLE, KY

Total Revenue
$1,391,937
Total Expenses
$1,617,383
Total Assets
$841,306
Net Assets
$641,732
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
KY
Principal Officer
RACHELLE STARR
Phone
7036265226
Tax Period
2024-07-01 to 2025-06-30

SCARLET HOPE INC, founded in 2009, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 16% operating deficit.

Mission

TRANSITION WOMEN OUT OF THE ADULT ENTERTAINMENT INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $628,992

WEEKLEY COMMUNITY OUTREACH INTO LOCAL ADULT ENTERTAINMENT ESTABLISHMENTS, ILLEGAL MASSAGE PARLORS, BROTHELS, THE STREETS AND LOCAL JAILS. WE INVITE WOMEN INTO A SAFE COMMUNITY WHERE THEY ENCOUNTER...

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WEEKLEY COMMUNITY OUTREACH INTO LOCAL ADULT ENTERTAINMENT ESTABLISHMENTS, ILLEGAL MASSAGE PARLORS, BROTHELS, THE STREETS AND LOCAL JAILS. WE INVITE WOMEN INTO A SAFE COMMUNITY WHERE THEY ENCOUNTER EMPOWERING CASE MANAGEMENT AND PATHWAYS TOWARDS DISCIPLESHIP. OVER 95,475 WOMEN WERE ENCOUNTERED THROUGH OUTREACH.

Program 2
Expenses: $168,415

LOCAL RESOURCE CENTER AND WEEKLY PROGRAM WITH AN AVERAGE OF OVER 30 WOMEN SERVED EACH MONTH IN THE RESOURCE CENTER. ASSISTANCE AND MEALS PROVIDE FOR THE IMMEDIATE NEEDS OF OUR CLIENTS.

Program 3
Expenses: $66,340

DISCIPLESHIP AND JOB TRAINING AND OFFERED THROUGH WEEKLY BIBLE STUDY, CASE MANAGEMENT, COUNSELING, WORKSHOPS AND JOB PLACEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,247,412
Program Service Revenue $60,409
Investment Income $5,479
Other Revenue $78,637
TOTAL REVENUE $1,391,937

Expense Breakdown

Grants Paid $66,416
Salaries & Benefits $899,719
Fundraising Expenses $148,571
Program Expenses $976,117
Other Expenses $651,248
TOTAL EXPENSES $1,617,383

Year-over-Year Comparison

2024 2023 Change
Revenue $1,391,937 $1,610,600 -0.1%
Expenses $1,617,383 $1,691,076 0.0%
Net Income $-225,446 $-80,476 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
8
Independent Members
7
Employees
29
Volunteers
276

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
4
$170,610
Total Directors
8
$103,975
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHELLE STARR PRESIDENT 45.00
Officer Director
$100,000 $3,975 $103,975
JULIA BLACK TREASURER 2.00
Officer Director
$0 $0 $0
LORI RIGGS SECRETARY 2.00
Officer Director
$0 $0 $0
KATHRYN BOURNE DIRECTOR 2.00
Director
$0 $0 $0
SHERRY FIELDS DIRECTOR 2.00
Director
$0 $0 $0
AMY HALL DIRECTOR 2.00
Director
$0 $0 $0
RUTH LEMASTER DIRECTOR 2.00
Director
$0 $0 $0
BARBARA STUART DIRECTOR 2.00
Director
$0 $0 $0
KRISTI WELLS DIRECTOR OF OPERATIONS 45.00
Officer
$65,000 $1,635 $66,635
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
2025 No data No data No data No data
2025 $1,391,937 $1,617,383 $841,306 $-225,446
2024 $1,610,600 $1,691,076 $797,682 $-80,476
2023 $1,469,754 $1,373,556 $866,068 $96,198
2022 $333,879 $533,691 $768,588 $-199,812
2021 $888,972 $866,404 $997,338 $22,568
2020 $757,234 $1,052,271 $1,038,640 $-295,037
2019 $1,489,948 $1,476,689 $1,356,299 $13,259
2018 $1,123,106 $1,153,206 $1,217,667 $-30,100
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