OAK RIDGE, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOPE OF EAST TENNESSEE INC, founded in 1976, is a community nonprofit in the Mental Health sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $388K, a strong 21% operating margin.
OUR MISSION AT HOPE OF EAST TENNESSEE, INC., IN COLLABORATION WITH RIDGEVIEW MENTAL HEALTH CENTER, IS TO PROVIDE THE HIGHEST QUALITY TREATMENT AND SUPPORTIVE SERVICES IN A SAFE ENVIRONMENT TO MEN AND WOMEN SEEKING RECOVERY FROM SUBSTANCE USE DISORDERS AND CO-OCCURRING MENTAL HEALTH DISORDERS. THESE SERVICES ARE PROVIDED WITHOUT REGARD TO RACE, RELIGION, NATIONAL ORIGIN, SEXUAL PREFERENCE, OR FINANCIAL STATUS.
HOPE OF EAST TENNESSEE, INC. ("HOPE") WAS CHARTERED IN 1976 IN THE STATE OF TENNESSEE AS A NON-PROFIT CORPORATION AND IS GOVERNED BY A VOLUNTEER BOARD OF DIRECTORS. HOPE OPERATES A MEN'S RESIDENCE...
HOPE OF EAST TENNESSEE, INC. ("HOPE") WAS CHARTERED IN 1976 IN THE STATE OF TENNESSEE AS A NON-PROFIT CORPORATION AND IS GOVERNED BY A VOLUNTEER BOARD OF DIRECTORS. HOPE OPERATES A MEN'S RESIDENCE, REFERRED TO AS, OPPORTUNITY HOUSE. OPPORTUNITY HOUSE IS A LICENSED HALFWAY HOUSE. DECISIONS REGARDING PRIVILEGE LEVELS, DISCHARGES, ETC. ARE MADE BY THE STAFF. EACH RESIDENT HAS A THOROUGH ASSESSMENT COMPLETED AFTER ADMISSION, IS ASSIGNED A PRIMARY COUNSELOR/CASE MANAGER, AND BEGINS A SPECIALIZED COURSE OF TREATMENT DEPENDING ON NEEDS AND PROBLEMS. THE LENGTH OF STAY IS 90 DAYS. RESIDENTS PAY A WEEKLY FEE OF $125.00 TO COVER ROOM, BOARD, AND COUNSELING PROVIDED ON-SITE. DRUG SCREENS ARE PERFORMED AT ADMISSION AND RANDOMLY OR "FOR CAUSE" DURING THE STAY. IN ADDITION, HOPE OPERATES TRANSITIONAL RESIDENCES. THESE RESIDENCES ARE INTENDED TO PROVIDE LOW COST LIVING IN A SUPPORTIVE AND SOBER ENVIRONMENT FOR THOSE WHO NEED A STEPPING STONE FROM THE MORE STRUCTURED ENVIRONMENT OF THE HALFWAY HOUSE INTO INDEPENDENT LIVING. THIS COMPLEX CONSISTS OF (3) DUPLEX APARTMENT UNITS THAT CAN HOUSE UP TO (13) MEN AND (12) WOMEN. APARTMENTS ARE FULLY FURNISHED. SUPPORTIVE SERVICES ARE PROVIDED. THE LENGTH OF STAY IS GENERALLY 3 TO 6 MONTHS. WEEKLY FEE IS $110 AND COVERS RENT, CASE MANAGEMENT, AND DRUG SCREENS.
RECOGNIZING THE NEED FOR OUTPATIENT ADDICTIONS TREATMENT, HOPE ESTABLISHED AN OUTPATIENT PROGRAM IN 1999. THIS PROGRAM IS AVAILABLE TO THOSE WHO NEED INTENSIVE TREATMENT COUPLED WITH A LONG TERM...
RECOGNIZING THE NEED FOR OUTPATIENT ADDICTIONS TREATMENT, HOPE ESTABLISHED AN OUTPATIENT PROGRAM IN 1999. THIS PROGRAM IS AVAILABLE TO THOSE WHO NEED INTENSIVE TREATMENT COUPLED WITH A LONG TERM RESIDENTIAL STAY AND FOR THOSE WHO ARE CAPABLE OF GETTING THE TREATMENT NEEDED WHILE REMAINING AT HOME AND ON THE JOB. IN ADDITION TO ASSESSMENTS, HOPE OFFERS AN INTENSIVE OUTPATIENT PROGRAM, AFTERCARE, AND INDIVIDUAL COUNSELING. OUR INTENSIVE OUTPATIENT PROGRAM OFFERS DAILY GROUPS THAT MEET FOR THREE HOURS FOUR TIMES WEEKLY OVER 8 WEEKS. EACH SESSION INCLUDES EDUCATION ABOUT ADDICTIONS, LEARNING AND PRACTICING COPING SKILLS NEEDED FOR LASTING SOBRIETY, GROUP THERAPY, AND INDIVIDUAL COUNSELING. STRONG EMPHASIS IS PLACED ON THE USE OF 12 STEP PROGRAMS FOR SUPPORT AND PRINCIPLES FOR CHANGE. HOPE'S INTENSIVE OUTPATIENT PROGRAM IS A ROUTINE PART OF THE PROGRAM FOR RESIDENTS OF THE OPPORTUNITY HOUSE WHO REQUIRE/NEED INTENSIVE OUTPATIENT TREATMENT. INTENSIVE OUTPATIENT TREATMENT IS AVAILABLE TO INDIGENT CLIENTS AS WELL AS THOSE HAVING TENNCARE COVERAGE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,806,070 | $1,224,972 | +0.5% |
| Expenses | $1,418,416 | $1,116,252 | +0.3% |
| Net Income | $387,654 | $108,720 | +2.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BOBBY QUALLS | PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| KENT STEPHENS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JACK PETERS | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| MARVIN HATCHER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LORI MCCARTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOAN SCHANK | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAKE EDELBACH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM GILLESPIE | MEDICAL DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HERBERT WILLIAMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN RUSSELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF SHAW | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$69,279 | $6,584 | $75,863 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,806,070 | $1,418,416 | $1,416,937 | $387,654 |
| 2024 | $1,224,972 | $1,116,252 | $1,204,089 | $108,720 |
| 2023 | $1,139,747 | $831,679 | $703,045 | $308,068 |
| 2022 | $751,142 | $708,830 | $304,525 | $42,312 |
| 2021 | $629,888 | $612,338 | $247,475 | $17,550 |
| 2020 | $666,326 | $620,797 | $238,265 | $45,529 |
| 2019 | $665,438 | $674,422 | $270,580 | $-8,984 |
| 2018 | $642,870 | $639,152 | $257,579 | $3,718 |
Compare HOPE OF EAST TENNESSEE INC with other nonprofits in Tennessee and across the country.