Project Have Hope Inc
- Assets
- $41.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Malden, MA
- Founding
- 09/2007
- Data as of
- 12/2023
- EIN
- 20-8871117
Organization Overview
Project Have Hope Inc is located in Malden, MA. The organization was established in 2007. 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. Project Have 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 12/2023, Project Have Hope Inc generated $135.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $123.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROJECT HAVE HOPE SEEKS TO EMPOWER WOMEN IN THE ACHOLI QUARTER OF UGANDA BY PROVIDING EDUCATION TO BOTH WOMEN AND THEIR CHILDREN AND ASSISTING THE WOMEN TO ESTABLISH BUSINESS OPORTUNITIES TO PROMOTE ECONOMIC STABILITY AND SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3
SCHOOL FEES/CHILD SPONSORSHIP PROGRAM: SCHOLASTIC SPONSORSHIP IS A CONNERSTONE OF PROJECT HAVE HOPES WORK. IN 2015, 92 CHILDREN BENEFITED FROM SHOOL SPONSORSHIP, TWO OF WHO GRADUATED AND COMPLETED THEIR SECONDARY STUDIES. OUR SPONSORSHIP PROVIDES THE TUITION FEES, ROOM AND BOARD AND A STIPEND FOR SUPPLIES FOR SELECTED CHILDREN OF OUR ARTISANS. PROJECT HAVE HOPE SPONSORS CHILDREN THROUGH THEIR GRADUATION OF SECONDARY SCHOOL AT THE S6 LEVEL SO LONG AS THEY MAINTAIN PASSABLE GRADES.
VOCATIONAL TRAINING: PROJECT HAVE HOPE BELIEVES THAT ADEQUATE SKILLS TRAINING AND DEVELOPMENTIS NECESSARY TO EXPAND THE INCOME GENERATING POTENTIAL OF ITS MEMBERS. STUDIES HAVE INCLUDEDTAILORING, KNITTING, CATERING, HAIRSTYLING AND SALON MANAGEMENT, COMPUTER SKILLS TRAINING ANDDRIVERS EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Sparacio President Founding Director | 50 | $64,500 | |
Lisa Luciano Secretaryclerk | 4 | $0 | |
Anna Ciulla Treasurer | 4 | $0 | |
Agnes Portlalewska Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,820 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,479 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,591 |
| Professional fees and other payments to independent contractors | $1,558 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $357 |
| Other expenses | $4,342 |
| Total expenses | $123,748 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,961 |
| Other assets | $0 |
| Total assets | $40,961 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,961 |