2026-07-10T06:44:34-05:00 2025-01-31 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2024-02-01 621659831 HOPE FOR THE INNER CITY INC HOPE 4236983178 1800 ROANOKE AVE CHATTANOOGA TN 37406 ANTHONY WATKINS EXECUTIVE DIRECTOR 4236983178 2026-06-30 1 1 BRIAN D MILLER CPA P00365109 4237567771 2026-06-30 2024 2025-03-06 01:10:19Z ANTHONY WATKINS 1800 ROANOKE AVE CHATTANOOGA TN 37406 748852 0 X WWW.WEAREHFIC.ORG X 1996 TN HOPE FOR THE INNER CITY IS A CHRISTIAN ORGANIZATION WHICH PARTNERS WITH LOCAL CHURCHES AND OTHER LIKE-MINDED ORGANIZATIONS TO BRING HOPE AND COMMUNITY DEVELOPMENT TO TARGETED COMMUNITIES BY OFFERING CHRIST-CENTERED PROGRAMS AND SERVICES TO MEET THE PHYSICAL AND SPIRITUAL NEEDS OF THE COMMUNITY. 8 8 7 674 0 0 502307 624485 14574 26822 17 3 8156 97542 525054 748852 15740 0 0 0 363306 335427 0 0 40888 267705 292893 646751 628320 -121697 120532 361824 559426 76576 153646 285248 405780 X HOPE FOR THE INNER CITY IS A CHRISTIAN ORGANIZATION WHICH PARTNERS WITH LOCAL CHURCHES AND OTHER LIKE-MINDED ORGANIZATIONS TO BRING HOPE AND COMMUNITY DEVELOPMENT TO TARGETED COMMUNITIES BY OFFERING CHRIST-CENTERED PROGRAMS AND SERVICES TO MEET THE PHYSICAL, SPIRITUAL, AND SOCIAL DEVELOPMENT NEEDS OF INDIVIDUALS AND FAMILIES. 0 0 497660 122039 URBAN MINISTRY TEAMS EXPOSE MEMBERS TO COMMUNITY DEVELOPMENT, JUSTICE ISSUES, RACIAL RECONCILIATION AND EVANGELISM, IN ADDITION TO PROVIDING TRANSITIONAL HOUSING, HOLIDAY PROGRAMS, AND ORGANIZATIONAL INCUBATION. 497660 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 TN X ANTHONY WATKINS 4236983178 1800 ROANOKE AVENUE CHATTANOOGA TN 37406 CHARLES ADAMSON BOARD MEMBER 0.50 X 0 0 0 BEVERLY JERMAN BOARD MEMBER 0.50 X 0 0 0 DAVID C HOFFECKER BOARD MEMBER 0.50 X 0 0 0 MATTHEW JEFFREY BOARD MEMBER 0.50 X 0 0 0 JEREMY MASON BOARD MEMBER 0.50 X 0 0 0 DR CANDIE RICHARDSON BOARD MEMBER 0.50 X 0 0 0 DR JOYCE HARDWAY SECRETARY 0.50 X X 0 0 0 JAMES FIELDS CHAIRPERSON 0.50 X X 0 0 0 ANTHONY WATKINS EXECUTIVE DIRECTOR 40.00 X 70000 0 0 70000 0 0 0 0 0 0 0 624485 624485 URBAN MINISTRY TEAMS 624100 23875 23875 HOLIDAY PROGRAMS 624100 2947 2947 26822 3 3 2325 0 2325 2325 2325 ERC INCOME 624100 95217 95217 95217 748852 122039 0 2328 X 70000 59500 7000 3500 241766 205501 24177 12088 23661 20112 2366 1183 7500 6375 1125 10 8 2 28844 24518 4326 3667 3117 550 16 11 3 2 69880 66635 3245 980 735 147 98 4909 4909 24667 24667 26691 24022 2669 SUPPLIES 53800 43040 8070 2690 CONTRACT LABOR 43319 29024 0 14295 REPAIRS AND MAINTENANCE 10769 8616 1614 539 MEALS 6900 5175 1380 345 10941 5713 5083 145 628320 497660 89772 40888 66807 74256 63742 1121771 709486 294728 412285 289 9143 361824 559426 75905 144503 671 1880 0 7263 76576 153646 X 254666 378030 30582 27750 285248 405780 361824 559426 120532 0 X 0 0 0 X 641928 699622 679287 477426 624485 3122748 74503 30050 25818 39455 26823 196649 716431 729672 705105 516881 651308 3319397 0 0 0 3319397 4 3 3 17 3 30 4 3 3 17 3 30 6413 4936 21221 8157 97541 138268 722848 734611 726329 525055 748852 3457695 0.96000 0.98770 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30013 30013 688741 571843 116898 264373 25277 239096 138644 112366 26278 412285 OPERATING LEASE LIABILITY 7263 7263 X 748852 0 748852 0 748852 628320 0 628320 0 628320 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THE ORGANIZATION NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. USING THIS GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. SUCH TAX POSITIONS INITIALLY AND SUBSEQUENTLY NEED TO BE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE TAX AUTHORITY ASSUMING FULL KNOWLEDGE OF THE POSITION AND RELEVANT FACTS. BASED ON ITS EVALUATION, THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE ORGANIZATION'S EVALUATION WAS PERFORMED FOR THE TAX YEARS ENDED JANUARY 31, 2022, THROUGH JANUARY 31, 2025. THESE ARE THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF THE YEAR ENDED JANUARY 31, 2025. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE BOARD OF DIRECTORS BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY BY THE FINANCE COMMITTEE AND THEN SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS OPEN TO PUBLIC INSPECTION ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART IX, LINE 24E MISCELLANEOUS EXPENSES: PROGRAM SERVICE EXPENSES 548. MANAGEMENT AND GENERAL EXPENSES 4,488. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,036. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 2,611. MANAGEMENT AND GENERAL EXPENSES 145. FUNDRAISING EXPENSES 145. TOTAL EXPENSES 2,901. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 2,024. MANAGEMENT AND GENERAL EXPENSES 357. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,381. LICENSES AND PERMITS: PROGRAM SERVICE EXPENSES 530. MANAGEMENT AND GENERAL EXPENSES 93. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 623.