Faith And Hope Association Ltd is located in Keene, NH. The organization was established in 2006. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith And Hope Association Ltd is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Faith And Hope Association Ltd generated $81.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $82.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 3 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022 THERE WERE SEVEN TRIPS OVER THE COURSE OF EIGHT WEEKS. EACH TRIP PROVIDED BOATING EDUCATION AND RECREATIONAL EXPERIENCES FOR TWENTY FOUR INDIVIDUALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Putnam President/co | 1 | $0 | |
Frederick Putnam Vice Commodo | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $81,250 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $81,252 |
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 | $3,935 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $78,789 |
Total expenses | $82,724 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,117 |
Other assets | $0 |
Total assets | $44,675 |
Total liabilities | $1,865 |
Net assets or fund balances | $42,810 |