New Hope Inc
- Assets
- $165.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodcliff Lake, NJ
- Founding
- 03/1986
- Data as of
- 12/2021
- EIN
- 22-2688243
Organization Overview
New Hope Inc is located in Woodcliff Lake, NJ. The organization was established in 1986. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New 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, New Hope Inc generated $168.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $102.8k during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Dougherty President/treasurer | 40 | $0 | |
Louise Mcglinchey Assistant Director | 15 | $0 | |
Marilyn Laquidara Executive Director | 40 | $0 | |
Barbara Mezzina Assistant Director | 25 | $0 | |
Kristy Fall Vice President | 3 | $0 | |
Kimberly Wymbs Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,868 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $123 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,607 |
| Other Revenue | $375 |
| Total Revenue | $167,973 |
| 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 | $44,388 |
| Printing, publications, postage, and shipping | $5,863 |
| Other expenses | $14,246 |
| Total expenses | $102,774 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,510 |
| Other assets | $0 |
| Total assets | $165,510 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,510 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Hope Inc has recieved totaling $8,350.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dairy One Cooperative Inc Ithaca, NY | $10,249,154 | $25,724,887 |
Hambletonian Society The Cranbury, NJ | $5,608,418 | $11,854,034 |
The William H Miner Agricultural Research Institute Chazy, NY | $25,150,167 | $10,410,462 |
Grace Communications Foundation Inc New York, NY | $9,222,389 | $7,837,107 |
Rodale Institute Kutztown, PA | $44,853,395 | $12,528,365 |
Hampshire Foundation Inc Wilmington, DE | $84,819,916 | $17,954,468 |
Neighborgood Partners Inc Dover, DE | $35,738,528 | $7,807,910 |
Pennsylvania Certified Organic Spring Mills, PA | $1,487,363 | $4,239,851 |
New York Farm Bureau Albany, NY | $21,413,106 | $1,125,268 |
Pennsylvania Farm Bureau Camp Hill, PA | $15,863,020 | $5,878,793 |
New Jersey Farmers Cooperative West Cape May, NJ | $3,155,537 | $6,158,386 |
Amber Waves Farm Inc Amagansett, NY | $1,245,153 | $2,731,640 |