Gems Of Hope Inc
- Assets
- $408.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Rapids, IA
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-3155610
Organization Overview
Gems Of Hope Inc is located in Cedar Rapids, IA. The organization was established in 2005. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gems Of Hope 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, Gems Of Hope Inc generated $150.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $163.4k during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
GEMS OF HOPE IS A SUPPORT ORGANIZATION WITH A MISSION OF BRINGING HOPE TO CANCER PATIENTS AND THEIR FAMILIES IN AND NEAR THE CEDAR RAPIDS,IOWA AREA. HANDMADE CARDS WITH INSPIRATIONAL QUOTES AND SCRIPTURE HOLD SINGLE PAIRS OF BEADED EARRINGS OR A BEADED BOOKMARK. LOCAL CANCER SURVIVORS, THEIR FRIENDS AND FAMILIES MAKE THE BEADED EARRINGS/BOOKMARKS AND THE MESSAGE CARDS. THESE CARDS ARE PLACED IN BASKETS IN THE ONCOLOGY AREAS OF THE LOCAL HOSPITALS AND AT ONCOLOGY OFFICES. EACH PATIENT IS ENCOURAGED TO LOOK THROUGH THE BASKET, READ THE CARDS AND TAKE HOME THEIR CHOICE OF CARD AND EARRINGS/BOOKMARK AT NO CHARGE. FOR THE NON-EARRING WEARING PATIENT, A SERENTITY CIRCLE WITH INSCRIBED INSPIRATIONAL WORDS, SUCH AS "HOPE", "FAITH"X AND "STRENGTH" OR A KEYCHAIN WITH AN INSPIRATIONAL QUOTE ATTACHED TO A HANDMADE CARD ARE GIVEN. THE INTENT IS FOR THE PATIENT TO PLACE THE CARD IN A FAVORITE SPOT IN THEIR HOME FOR THEIR INSPIRATION THROUGHOUT THE WEEKS AND MONTHS OF TREATMENT. THE GIFTS OF HOPE: BOOKMARK, EARRINGS, CIRCLE, OR KEYCHAIN ALLOWS THE PATIENT TO WEAR OR CARRY THIS GIFT ON THEIR PERSON AS A CONSTANT REMINDER OF ENCOURAGEMENT. GEMS OF HOPE SERVES THE COMMUNITY IN FOUR MAJOR AREAS: 1)ART/THERAPY VOLUNTEERISM-WORKSHOPS2)GIFTS OF HOPE3)PAGES FOR HOPE PROGRAM-INSPIRATIONAL BOOKS FOR SCHOOL/COMMUNITY LIBRARIES4)YOUTH OUTREACH PROGRAMS: WHAT ABOUT US? - SESSIONS WITH CHILDREN AGES 5-12 YEARS OLD CANCER REALLY SUCKS - WEBSITE FOR TEENS SCHOLARSHIPS - TO ASSIST WITH HIGHER EDUCATION EXPENSES FOR HIGH SCHOOL SENIORS IMPACTED BY CANCER IN THEIR FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Sale Director | 5 | $0 | |
Bonnie Stover Secretary | 5 | $0 | |
Jill Roloff Director | 0.5 | $0 | |
Beth Hammell Director | 5 | $0 | |
Jeff Decker Director | 0.5 | $0 | |
Kathy Waychoff Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,493 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,009 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $83,456 |
| Other Revenue | $0 |
| Total Revenue | $150,304 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,653 |
| Professional fees and other payments to independent contractors | $1,815 |
| Occupancy, rent, utilities, and maintenance | $4,292 |
| Printing, publications, postage, and shipping | $691 |
| Other expenses | $65,951 |
| Total expenses | $163,402 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $396,956 |
| Other assets | $0 |
| Total assets | $408,715 |
| Total liabilities | $2,128 |
| Net assets or fund balances | $406,587 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gems Of Hope Inc has recieved totaling $125.
| Awarding Organization | Amount |
|---|---|
The Accel Foundation Waverly, IA PURPOSE: DAFFODILS FUNDRAISER | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Siouxland Regional Cancer Center Sioux City, IA | $22,869,484 | $57,761,612 |
National Childrens Cancer Society Inc St Louis, MO | $10,588,169 | $40,039,752 |
Alliance Nctn Foundation Chicago, IL | $4,276,385 | $9,494,506 |
Midwest Athletes Against Childhood Cancer Inc Milwaukee, WI | $8,719,614 | $5,966,033 |
Ronald Mcdonald House Charities Upper Midwest Minneapolis, MN | $28,376,460 | $7,176,749 |
Cancer Center Of Western Wisconsin Inc New Richmond, WI | $3,535,083 | $4,799,679 |
Hematology Oncology Pharmacy Association Inc Milwaukee, WI | $8,943,245 | $5,533,209 |
American Indian Cancer Foundation Saint Paul, MN | $2,062,882 | $4,261,089 |
Wellness House Hinsdale, IL | $4,130,428 | $3,474,611 |
Northern Illinois Cancer Treatment Center Dixon, IL | $6,957,137 | $2,837,443 |
Fight Colorectal Cancer Inc Springfield, MO | $4,461,667 | $2,518,270 |
Angel Foundation Mendota Heights, MN | $4,616,483 | $2,858,549 |