Harvest Of Hope Family Services Network Inc
- Assets
- $19.7k
- Revenue
- $114.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Somerset, NJ
- Founding
- 01/2002
- Data as of
- 12/2019
- EIN
- 22-3694227
Organization Overview
Harvest Of Hope Family Services Network Inc is located in Somerset, NJ. The organization was established in 2002. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 12/2019, Harvest Of Hope Family Services Network Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harvest Of Hope Family Services Network 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 12/2019, Harvest Of Hope Family Services Network Inc generated $114.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (35.2%) each year. All expenses for the organization totaled $173.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (29.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO RECRUIT FOSTER HOMES AND PROVIDE TRAINING AND SUPPORTING SERVICES TO FOSTER PARENTS. CURRENTLY THE ORGANIZATION FUNCTIONS AS A RESOURCE TO GOVERNMENT AND COMMUNITY ORGANIZATIONS THAT PROVIDE SERVICES TO YOUTH IN FOSTER CARE. THE ORGANIZATION OFFERS TRAINING, GUIDANCE, RESEARCH, SUPPORT AND TECHNICAL ASSISTANCE TO PUBLIC AND PRIVATE ENTITIES THAT ARE INVOLVED OR HAVE AN INTEREST IN FOSTER CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTS PROGRAMS AND PROVIDES EDUCATIONAL INFORMATION AIMED AT COMBATING THE GROWING POPULATION OF BORDER BABIES THROUGH THE RECRUITMENT AND TRAINING OF FOSTER HOMES. CURRENTLY THE ORGANIZATION FUNCTIONS AS A RESOURCE TO GOVERNMENT AND COMMUNITY ORGANIZATIONS THAT PROVIDE SERVICES TO YOUTH IN FOSTER CARE. THE ORGANIZATION OFFERS TRAINING, GUIDANCE, RESEARCH, SUPPORT AND TECHNICAL ASSISTANCE TO PUBLIC AND PRIVATE ENTITIES THAT ARE INVOLVED OR HAVE AN INTEREST IN FOSTER CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deforest B Soaries Jr CEO | OfficerTrustee | 5 | $0 |
Earl Roach Chair | OfficerTrustee | 5 | $0 |
Jonnice Slaughter Vice-Chair | OfficerTrustee | 5 | $0 |
Peter Stavrianidis Treasurer | OfficerTrustee | 5 | $0 |
Wanda Taliaferro Secretary | OfficerTrustee | 5 | $0 |
Lloyd Doaman Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,348 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,303 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,651 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $114,651 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,725 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,356 |
| Payroll taxes | $9,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,735 |
| Advertising and promotion | $0 |
| Office expenses | $2,990 |
| Information technology | $1,334 |
| Royalties | $0 |
| Occupancy | $4,510 |
| Travel | $5,581 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $925 |
| Insurance | $4,899 |
| All other expenses | $0 |
| Total functional expenses | $173,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,928 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,659 |
| Net Land, buildings, and equipment | $4,583 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,528 |
| Total assets | $19,698 |
| Accounts payable and accrued expenses | $16,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,120 |
| Total liabilities | $17,120 |
| Net assets without donor restrictions | $1,406 |
| Net assets with donor restrictions | $1,172 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,698 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Harvest Of Hope Family Services Network Inc has recieved totaling $81,793.
| Awarding Organization | Amount |
|---|---|
Edward M & Jeanne C Kashian Family Foundation Inc Fresno, CA PURPOSE: TEACHING COMMUNITIES TO ADDRESS THE NEEDS OF CHILDREN IN THE FOSTER CARE SYSTEM. | $81,793 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Vincents Services Inc Brooklyn, NY | $56,327,989 | $54,283,078 |
Mercyfirst Syosset, NY | $24,629,062 | $46,422,164 |
Forestdale Inc Forest Hills, NY | $34,766,990 | $33,843,723 |
New Alternatives For Children Inc New York, NY | $14,403,157 | $29,422,220 |
Bair Foundation New Wilmington, PA | $2,726,710 | $26,265,407 |
Bair Foundation Of Pennsylvania New Wilmington, PA | $4,400,305 | $17,358,075 |
Bair Foundation Of Texas New Wilmington, PA | $1,144,889 | $8,905,447 |
Tabor Childrens Services Inc Philadelphia, PA | $5,265,944 | $8,132,394 |
Mountain Lake Childrens Residence Inc Lake Placid, NY | $5,650,108 | $7,132,040 |
Childrens Choice Of Maryland Inc Bellmawr, NJ | $2,034,719 | $6,054,965 |
Childrens Choice Inc Chester, PA | $1,421,593 | $5,676,837 |
Family Care For Children&youth Inc Milton, PA | $3,265,351 | $3,892,797 |