Hope Happens Inc
- Assets
- $251.6k
- Revenue
- $298.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Saint Louis, MO
- Founding
- 06/2005
- Data as of
- 12/2021
- EIN
- 20-2523211
Organization Overview
Hope Happens Inc is located in Saint Louis, MO. The organization was established in 2005. According to its NTEE Classification (G96) the organization is classified as: Neurology & Neuroscience, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Hope Happens Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Happens 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 Happens Inc generated $298.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $280.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. 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
TO IMPROVE THE LIVES OF PEOPLE WITH NEURODEGENERATIVE DISORDERS BY PROMOTING COLLABORATIVE, TRANSLATIONAL RESEARCH WITH THE POTENTIAL TO FAST-TRACK NEW TREATMENTS AND CURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ENHANCE THE LIVES OF PEOPLE WITH NEUROLOGICAL DISORDERS BY FINANCIALLY SUPPORTING COLLABORATIVE RESEARCH AT THE HOPE CENTER FOR NEUROLOGICAL DISORDERS AT WASHINGTON UNIVERSITY SCHOOL OF MEDICINE. AT THIS CUTTING-EDGE FACILITY SCIENTISTS SEEK NEW TREATMENTS AND CURES FOR DISABLING NEUROLOGICAL DISORDERS LIKE ALS, ALZHEIMER'S DISEASE, AUTISM, MULTIPLE SCLEROSIS, PARKINSON'S DISEASE, HUNTINGTON'S DISEASE, MUSCULAR DYSTROPHY, CEREBRAL PALSY, EPILEPSY, STROKE, BRAIN AND SPINAL CORD INJURY, AS WELL AS MANY OTHER NEUROLOGICAL DISEASES. OUR CROSS-DISEASE, TRANSLATIONAL, AND COLLABORATIVE APPROACH TO RESEARCH WILL LEAD TO SWIFTER RESULTS, AND FUNDAMENTAL DISCOVERIES ABOUT ONE NEUROLOGICAL DISEASE WILL LEAD TO TREATMENTS AND CURES IN OTHERS.
PROMOTING PUBLIC AWARENESS OF THE NEED FOR CURES AND THE PROSPECT OF ACHIEVING THEM THROUGH COLLABORATIVE TRANSLATIONAL RESEARCH, SOCIAL MEDIA, AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Chromoga Director Of Operations | Officer | 40 | $42,614 |
Gabriela Inderwies Director Of Development | Officer | 20 | $16,470 |
Hannah Sayers President | OfficerTrustee | 2 | $0 |
Josh Reinert Vice President | OfficerTrustee | 2 | $0 |
Christopher Imming Treasurer | OfficerTrustee | 2 | $0 |
Julie Lynch Communications Officer/secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $74,599 |
| Related organizations | $0 |
| Government grants | $14,505 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,776 |
| Noncash contributions included in lines 1a–1f | $7,569 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,880 |
| Total Program Service Revenue | $0 |
| Investment income | $457 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,129 |
| Net Income from Fundraising Events | -$5,258 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $298,233 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $160,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $59,084 |
| Compensation of current officers, directors, key employees. | $20,339 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,647 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,421 |
| Advertising and promotion | $0 |
| Office expenses | $15,077 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,358 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,210 |
| All other expenses | $212 |
| Total functional expenses | $279,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,730 |
| Savings and temporary cash investments | $196,614 |
| Pledges and grants receivable | $1,850 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $250 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,160 |
| Total assets | $251,604 |
| Accounts payable and accrued expenses | $1,430 |
| 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 | $0 |
| Total liabilities | $1,430 |
| Net assets without donor restrictions | $250,174 |
| Net assets with donor restrictions | $0 |
| 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 | $251,604 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hope Happens Inc has recieved totaling $48,019.
| Awarding Organization | Amount |
|---|---|
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: HUMAN SERVICES | $41,750 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $6,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North American Spine Society Burr Ridge, IL | $20,521,276 | $5,638,073 |
Congress Of Neurological Surgeons Inc University Of Michigan Schaumburg, IL | $32,303,742 | $11,051,813 |
Neurocritical Care Society Inc Chicago, IL | $5,988,928 | $3,798,882 |
American College Of Neuropsychopharmacology Inc Brentwood, TN | $21,198,783 | $3,872,941 |
Field Neuroscience Institute St Louis, MO | $13,026,002 | $544,904 |
American Society Of Neurophysiological Monitoring Lombard, IL | $372,354 | $351,641 |
Nextstep Kansas City Overland Park, KS | $175,381 | $401,229 |
Hope Happens Inc Saint Louis, MO | $251,604 | $298,233 |
Neurorecovery Learning Inc Louisville, KY | $85,822 | $94,721 |
Society For The Neural Control Of Movement Chicago, IL | $378,666 | $107,047 |
Margaret Hackett Family Center Nfp Chicago, IL | $1,459,432 | $47,871 |
Illinois State Neurological Society Quincy, IL | $70,791 | $0 |