New Hope Inc
- Assets
- $202.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodcliff Lake, NJ
- Founding
- 03/1986
- Data as of
- 12/2022
- 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 12/2022, New Hope Inc generated $152.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $116.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 4 years. 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 | |
Marilyn Laquidara Executive Director | 40 | $0 | |
Louise Mcglinchey Assistant Director | 15 | $0 | |
Barbara Mezzina Assistant Director | 25 | $0 | |
Kristy Fall Vice President | 2 | $0 | |
Kimberly Wymbs Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,762 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $188 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,317 |
| Other Revenue | $674 |
| Total Revenue | $152,941 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $49,946 |
| Printing, publications, postage, and shipping | $770 |
| Other expenses | $26,128 |
| Total expenses | $115,997 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,454 |
| Other assets | $0 |
| Total assets | $202,454 |
| Total liabilities | $0 |
| Net assets or fund balances | $202,454 |