Spring Of Hope Foundation Inc
- Assets
- $280.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 12/2006
- Data as of
- 12/2021
- EIN
- 20-4857570
Organization Overview
Spring Of Hope Foundation Inc is located in San Antonio, TX. The organization was established in 2006. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring Of Hope Foundation 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, Spring Of Hope Foundation Inc generated $114.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $68.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 6 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
EXPENDITURES FOR THE BENEFIT OF OTHER ISRAELI MINISTRIESFOR THE DECLARATION OF THE GOSPEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evelyn Lee Director | 0 | $0 | |
Magdalena Dodds Senior Director | 10 | $0 | |
Noemi Gonzales Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,001 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $720 |
| Total Revenue | $114,721 |
| 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 | $0 |
| Other expenses | $68,711 |
| Total expenses | $68,711 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $280,404 |
| Other assets | $0 |
| Total assets | $280,404 |
| Total liabilities | $0 |
| Net assets or fund balances | $280,404 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Spring Of Hope Foundation Inc has recieved totaling $54,350.
| Awarding Organization | Amount |
|---|---|
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: AFTER SCHOOL PROGRAM | $38,000 |
Israel Benevolence Fund Inc Alvin, TX PURPOSE: Humanitarian Aid | $16,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morgans Wonderland Inclusion Foundation San Antonio, TX | $24,438,940 | $21,840,113 |
Furniture Bank Houston, TX | $4,044,380 | $6,546,446 |
Scanlan Foundation Houston, TX | $209,874,637 | $6,584,694 |
Kathleen S Craft Foundation Tulsa, OK | $94,596,287 | $6,487,856 |
White Cake Family Foundation Dallas, TX | $42,767,869 | $3,380,103 |
Charitable Properties Inc Mesquite, TX | $0 | $4,302,892 |
Bp Foundation Inc Houston, TX | $4,050,119 | $6,036,214 |
Soonae Foundation Burnet, TX | $2,322,115 | $4,666,451 |
Evergreen Foundation Haughton, LA | $11,601,707 | $713,824 |
Green Beret Foundation San Antonio, TX | $4,813,026 | $3,422,970 |
The Credit Bureau Of Baton Rouge Foundation Baton Rouge, LA | $26,265,049 | $1,414,019 |
Soundwaves Art Foundation Lockhart, TX | $1,311,521 | $2,019,206 |