My Hope Chest
- Assets
- $50.5k
- Revenue
- $81.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Tampa, FL
- Founding
- 12/2003
- Data as of
- 06/2021
- EIN
- 20-0299888
Organization Overview
My Hope Chest is located in Tampa, FL. The organization was established in 2003. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Hope Chest is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, My Hope Chest generated $81.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $483.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION RESTORES SELF-ESTEEM, DIGNITY, AND CONFIDENCE BY PROVIDING BREAST RECONSTRUCTION SURGERY. SEE PART III AND SCHEDULE O FOR ADDITIONAL INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MY HOPE CHEST MHC PROVIDES FINANCIAL ASSISTANCE TO BREAST CANCER SURVIVORS IN NEED OF RECONSTRUCTIVE SURGERY WITHOUT INSURANCE OR FUNDS TO COVER THEIR SHARE OF THE COST. MHC ALSO ASSISTS WITH SOME MEDICAL AND NON-MEDICAL BILL PAYMENTS. MHC NAVIGATES APPLICANTS THROUGH ONE OR MORE YEARS OF 3 SURGERIES AND EDUCATES THEM ON THEIR SUGERY OPTIONS. MHCS PROGRAM OPERATES BY APPEALING TO SURGEONS TO PROVIDE THEIR SERVICES FREE OF CHARGE OR AT THE MEDICAID RATE. BECAUSE OF THEIR GENEROSITY, MANY WOMEN HAVE BEEN ABLE TO FEEL WHOLE AGAIN AND POSITIVE ABOUT THEMSELVES. THE IN-KIND DONATIONS FOR SURGERIES AND RELATED SERVICES TOTALED 37,500. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alisa Savoretti Ceo, President | OfficerTrustee | 60 | $57,052 |
Monica Varner Vice-President | OfficerTrustee | 2 | $0 |
Donna Holck Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,316 |
| Noncash contributions included in lines 1a–1f | $40,221 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,316 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,319 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $48,485 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $57,052 |
| Compensation of current officers, directors, key employees. | $5,705 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $358,200 |
| Other employee benefits | $0 |
| Payroll taxes | $4,434 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,956 |
| Office expenses | $3,570 |
| Information technology | $1,486 |
| Royalties | $0 |
| Occupancy | $1,705 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $628 |
| All other expenses | $0 |
| Total functional expenses | $483,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,545 |
| Savings and temporary cash investments | $23,463 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,443 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,451 |
| Accounts payable and accrued expenses | $941 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $377,724 |
| Total liabilities | $378,665 |
| Net assets without donor restrictions | -$329,630 |
| Net assets with donor restrictions | $1,416 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $50,451 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that My Hope Chest has recieved totaling $25,672.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $12,836 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $12,836 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baptist Health South Florida Foundation Inc Coral Gables, FL | $225,281,750 | $41,727,207 |
Sunsystem Development Corporation Altamonte Springs, FL | $162,692,831 | $28,088,439 |
Joe Dimaggio Childrens Hospital Foundation Inc Hollywood, FL | $82,320,929 | $14,894,521 |
Medical Center Foundation Inc Gainesville, GA | $39,439,884 | $6,805,753 |
Archbold Foundation Inc Thomasville, GA | $120,664,372 | $4,326,190 |
Avow Foundation Inc Naples, FL | $44,104,234 | $9,594,342 |
A G Rhodes Health & Rehab Management Inc Atlanta, GA | $5,425,018 | $4,030,975 |
Dalton-Whitfield Additional Tr Dalton, GA | $59,216,928 | $4,019,283 |
Buoniconti Fund To Cure Paralysis Inc Miami, FL | $4,267,074 | $4,138,317 |
Community Hospice Of Northeast Florida Foundation For Caring Inc Jacksonville, FL | $23,319,207 | $6,212,516 |
Shelby County Community Health Foundation Columbiana, AL | $85,859,544 | $2,816,879 |
Health First Foundation Inc Rockledge, FL | $8,113,598 | $1,323,822 |