2025-11-13T18:40:41-07:00 2024-12-31 990 2024-01-01 822057692 HOUSE OF HOPE-NEW HAMPSHIRE INC HOUS 6037160488 PO Box 10371 Swanzey NH 03446 Dean Hlavaz Board President 6037160488 2025-11-10 1 2024 2025-03-06 01:10:19Z Phyllis Phelps PO Box 10371 Swanzey NH 03446 354636 0 X www.houseofhopenh.org X 2017 NH A 6 - 8 month faith based residential program providing a safe home for women and their children overcoming addiction and life controlling issues. 4 4 4 8 0 0 154800 313078 0 0 0 0 -113 19751 154687 332829 0 0 0 0 41830 54571 0 0 7155 124334 125835 166164 180406 -11477 152423 463622 472068 154699 0 308923 472068 A 6 - 8 month faith based residential program providing a safe home for women and their children overcoming addiction. 0 0 108865 0 5 women gained employment; 3 women received driver's licenses; 2 moved off campus to their own dwelling; 1 woman entered college 0 0 0 108865 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 1 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 NH X X Carolyn O'Brien 6033810715 PO Box 10371 Swanzey NH 03446 Phyllis Phelps Executive Director 40 0 X X 28506 0 2578 Dean Hlavaz Board Chair 1 0 X 0 0 0 Steven Antin Vice Chair 1 0 X 0 0 0 Carolyn O'Brien Treasurer 1 0 X 0 0 0 Dr Rev David Berman Board Trustee 1 0 X 0 0 0 28506 0 2578 0 0 0 0 0 X 0 0 12250 0 0 300828 0 313078 0 0 0 0 0 41558 12250 21807 19751 0 19751 0 332829 0 0 19751 X 0 0 28506 14253 12828 1425 19786 9893 8904 989 2578 1289 1160 129 3701 1851 1665 185 75 75 0 0 1600 800 720 80 0 1356 678 610 68 3372 1686 1517 169 9755 4877 4390 488 43082 21541 19387 2154 13106 11568 1384 154 2047 2047 0 0 4018 4018 16179 16179 0 0 3975 3975 0 0 Home Operating Expenses 24074 12037 10833 1204 Client Services 1271 635 572 64 Taxes & Licenses (non-payroll) 925 463 416 46 1000 1000 180406 108865 64386 7155 X 34667 59920 528302 115525 428955 412777 -629 463622 472068 154699 0 154699 0 X 308923 472068 0 0 308923 472068 463622 472068 X 152423 0 0 0 0 10722 X 0 0 0 X 99266 150585 141777 154800 152078 698506 99266 150585 141777 154800 152078 698506 698506 698506 1 0.7072 X Schedule A, Part II, Line 1 During the tax year, the organization received a single $161,000 contribution that meets the IRS definition of an unusual grant under Reg. 1.509(a)-3(c)(3) and (4). The grant was: (1) substantial in size relative to the organization's normal level of contributions, (2) attracted because of the publicly supported nature of the organization, (3) unexpected and nonrecurring, and (4) large enough that including it in the public support calculation would distort the organization's normal public support percentage. Accordingly, the organization has excluded the $161,000 amount from Schedule A, Part II, Line 1(e) and has reported it in Schedule A, Part VI as an unusual grant, as permitted by the regulations. The grant remains included in Form 990, Part VIII as contribution revenue consistent with IRS reporting requirements. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 53900 53900 0 346000 51540 294460 0 0 0 0 0 0 0 0 0 128402 63985 64417 412777 Schedule D, Part VI, Line 1a The depreciation reported on Form 990, Part IX, Line 22 reflects the organization's book depreciation from its fixed-asset schedule, totaling $16,179 for the tax year. The organization's internal Profit and Loss statement reflected a smaller depreciation and amortization amount because it did not include all items required by the tax-year fixed-asset rollforward. Schedule D, Part VI reports the complete accumulated depreciation reconciliation, and the amount reported in Part IX properly follows the organization's books and records maintained on the accrual basis of accounting. Golf 24097 0 24097 0 0 7847 920 0 1331 Banquet 18345 12250 6095 0 0 0 6094 0 2222 5 11366 0 11366 0 0 0 0 0 3393 53808 12250 41558 0 0 7847 7014 0 6946 21807 19751 Schedule G, Part II, Line 1 The organization conducted multiple fundraising events, including an annual banquet, golf tournament, and smaller community engagements. Gross receipts were reported on Line 1, with contributions made during the banquet ($12,250) reported separately on Line 2b as the contribution portion of gross receipts. Direct event expenses, including meals, venue, prizes, and related costs, were reported on their respective lines and summarize on Line 10. Net event income was reported on Line 11 and carried to Form 990, Part VIII, Lines 8a through 8c. Because these fundraising events were occasional and conducted primarily to raise funds for exempt purposes, the net income was classified in Column (D) - Excluded Revenue on Part VIII. Form 990, Part VI, Section B, Line 11b The Board Chair, Treasurer & Executive Director review the tax documents prior to filing and the documents are made available to all board members either pre or post filing upon request. Form 990, Part VI, Section B, Line 12c The conflict of interest policy is included in the governing documents and is periodically reviewed. Board members are required to report any conflicts that may arise when they occur. The member would be excused from any discussions and votes regarding the conflict in question. Form 990, Part VI, Section B, Line 15 The Director of the home receives compensation that has been reviewed and approved by the board of directors. The compensation package is based on reviews of similar position in the local area. Form 990, Part VI, Section C, Line 19 Upon request the governing documents, Form 990 and financial information are made available to the public for review. Additionally the Form 990 is available on Guidestar. Form 990, Part VIII, Line 1c All voluntary contributions, gifts, and grants received during the year were reported on Lines 1c and 1f. Contributions collected at fundraising events (for example, donations made at the annual banquet) were reported on Line 1c. All other recurring donations, memorial gifts, corporate grants, and general support contributions were reported on Line 1f. A one-time $161,000 gift received to retire the mortgage was treated as an unusual grant and therefore excluded from Schedule A per instructions. Form 990, Part VIII, Line 1f All voluntary contributions, gifts, and grants received during the year were reported on Lines 1c and 1f. Contributions collected at fundraising events (for example, donations made at the annual banquet) were reported on Line 1c. All other recurring donations, memorial gifts, corporate grants, and general support contributions were reported on Line 1f. A one-time $161,000 gift received to retire the mortgage was treated as an unusual grant and therefore excluded from Schedule A per instructions. Form 990, Part VIII, Line 8a Gross receipts from fundraising events were reported on Line 8a. Form 990, Part VIII, Line 8b Direct event costs (for meals, green fees, venue rental, prizes, and related supplies) were reported on Line 8b. Form 990, Part VIII, Line 8c The difference (Line 8c) represents the organization's net fundraising event income. Because the events were occasional activities conducted primarily to raise funds for exempt purposes, the entire amount of Line 8c is reported in Column (D) - Excluded Revenue under IRC §§ 512-514. Form 990, Part IX, Line 22 The depreciation reported on Form 990, Part IX, Line 22 reflects the organization's book depreciation from its fixed-asset schedule, totaling $16,179 for the tax year. The organization's internal Profit and Loss statement reflected a smaller depreciation and amortization amount because it did not include all items required by the tax-year fixed-asset rollforward. Schedule D, Part VI reports the complete accumulated depreciation reconciliation, and the amount reported in Part IX properly follows the organization's books and records maintained on the accrual basis of accounting. Form 990, Part X, Line 23 The organization's long-term mortgage was fully paid off during the tax year. The outstanding mortgage liability (approximately $154,699 at the beginning of the year) was eliminated as part of the normal course of business when the loan was satisfied. The mortgage principal repayment is a balance sheet transaction and is therefore not reported as an expense in Part IX. The corresponding unusual grant revenue used to fund the payoff is reported in Part VIII. As a result, the removal of the mortgage liability appears as a change in net assets in Part X but does not appear in Part IX expenses. Form 990, Part XI The organization's long-term mortgage was fully paid off during the tax year. The outstanding mortgage liability (approximately $154,699 at the beginning of the year) was eliminated as part of the normal course of business when the loan was satisfied. The mortgage principal repayment is a balance sheet transaction and is therefore not reported as an expense in Part IX. The corresponding unusual grant revenue used to fund the payoff is reported in Part VIII. As a result, the removal of the mortgage liability appears as a change in net assets in Part X but does not appear in Part IX expenses. Form 990, Part XI, Line 9 Part XI, Line 9 includes a net adjustment of $10,722 to reconcile the organization's change in net assets on a book basis to the change reported on Form 990. This adjustment reflects the combined effect of non-expense balance sheet transactions, including the removal of the mortgage liability following its full payoff during the year, corrections to beginning balance sheet accounts, and differences between book depreciation and depreciation reported for Form 990 purposes based on the organization's fixed-asset schedule. These items affect the organization's net assets but are not reported as revenue or expenses in Part I. The reconciling amount ensures that ending net assets reported in Part XI agree with the ending net assets reported in Part X of the Form 990.