Hope For Children Fund Inc
- Assets
- $6.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 03/2005
- Data as of
- 12/2021
- EIN
- 20-1707974
Organization Overview
Hope For Children Fund Inc is located in Bethesda, MD. The organization was established in 2005. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Children Fund Inc 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 12/2021, Hope For Children Fund Inc generated $70.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $74.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Rhees President And Executive Director | 15 | $0 | |
Ruthann Bates Treasurer And Director | 5 | $0 | |
Addis Getachew Director | 5 | $0 | |
Helen Tadese Director | 5 | $0 | |
Elizabeth Ferenczi Secretary And Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,671 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,672 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $31 |
| Other expenses | $4,723 |
| Total expenses | $73,999 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,903 |
| Other assets | $0 |
| Total assets | $6,903 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,903 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hope For Children Fund Inc has recieved totaling $67,076.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $53,426 |
The Opportunity Fund Studio City, CA PURPOSE: SEE SCHEDULE O | $8,650 |
Hester M Digges Char Rem Tr Ua 060173 Crofton, MD PURPOSE: UNLIMITED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grameen Foundation Usa Washington, DC | $9,173,315 | $10,651,686 |
United States Energy Association Inc Washington, DC | $6,320,815 | $9,749,821 |
Partnersglobal Washington, DC | $1,900,053 | $8,394,776 |
Advocates For Youth Washington, DC | $11,942,628 | $9,825,942 |
Christian Blind Mission International Inc Washington, DC | $7,095,410 | $7,862,052 |
Sudan Relief Fund Inc Washington, DC | $6,045,228 | $7,937,721 |
Development Gateway Inc Washington, DC | $10,738,126 | $7,356,875 |
Invisible Children Inc Washington, DC | $209,142 | $6,617,286 |
Spirit Of America Worldwide Arlington, VA | $11,674,125 | $9,682,917 |
Bread For The World Institute Inc Washington, DC | $10,771,776 | $5,911,070 |
Grant Foundation Pittsburgh, PA | $12,855,162 | $7,280,100 |
Association For Indias Development Inc College Park, MD | $8,381,085 | $9,013,378 |