Hopeworx Inc
- Assets
- $222.6k
- Revenue
- $929.9k
- Investments
- $0.0
- Employees
- 24
- Location
- Norristown, PA
- Founding
- 11/1995
- Data as of
- 06/2021
- EIN
- 23-2811078
Organization Overview
Hopeworx Inc is located in Norristown, PA. The organization was established in 1995. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 06/2021, Hopeworx Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopeworx 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 06/2021, Hopeworx Inc generated $929.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $917.8k during the year ending 06/2021. While expenses have increased by 2.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF HOPEWORX IS TO PROMOTE THE CONTINUED DEVELOPMENT OF A COMMUNITY ENVIRONMENT WHICH SUPPORTS AND BELIEVES IN THE EXPERTISE AND PASSION OF CONSUMERS TO CREATE AND DIRECT THEIR OWN PATHS TO HEALTH AND RECOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SYSTEM WIDE AND INDIVIDUAL ADVOCACY FOR PEOPLE WHO USE MENTAL HEALTH SERVICES IN MONTGOMERY COUNTY, PA
TO PROVIDE QUALITY MANAGEMENT AND ADVOCACY SERVICES FOR INDIVIDUALS WHO USE DEVELOPMENTAL DISABILITY SERVICES IN MONTGOMERY COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Shannon Executive Di | Officer | 37.5 | $57,125 |
Sue Soriano President | OfficerTrustee | 1 | $0 |
Tom Paluszynski Treasurer | OfficerTrustee | 1 | $0 |
Tim Tunner Vice Preside | OfficerTrustee | 1 | $0 |
Shauna Kane Secretary | OfficerTrustee | 1 | $0 |
Patrick Walsh 1/2 Board Me | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $901,769 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,530 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $916,299 |
| Total Program Service Revenue | $14,808 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,520 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,032 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $929,865 |
| 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. | $60,776 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $439,737 |
| Pension plan accruals and contributions | $3,470 |
| Other employee benefits | $26,527 |
| Payroll taxes | $42,222 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,598 |
| Advertising and promotion | $1,394 |
| Office expenses | $36,692 |
| Information technology | $5,424 |
| Royalties | $0 |
| Occupancy | $144,270 |
| Travel | $21,624 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,716 |
| Interest | $295 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $96 |
| Insurance | $17,913 |
| All other expenses | $0 |
| Total functional expenses | $917,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,238 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $179,875 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $360 |
| Prepaid expenses and deferred charges | $20,003 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,108 |
| Total assets | $222,584 |
| Accounts payable and accrued expenses | $57,431 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $21,568 |
| 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 | $35,000 |
| Total liabilities | $113,999 |
| Net assets without donor restrictions | $98,592 |
| Net assets with donor restrictions | $9,993 |
| 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 | $222,584 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hopeworx Inc has recieved totaling $10,082.
| Awarding Organization | Amount |
|---|---|
Vna Foundation Of Greater North Penn Lansdale, PA PURPOSE: NORTH PENN PROGRAMMING ($10,000) | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $82 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Licking Memorial Professional Corporation Newark, OH | $22,762,276 | $47,650,568 |
Community Health Project Inc New York, NY | $98,075,603 | $99,211,868 |
Baltimore Medical System Inc Baltimore, MD | $45,955,178 | $88,874,680 |
Morris Heights Health Center Inc Bronx, NY | $82,782,055 | $68,846,088 |
Greater Philadelphia Health Action Philadelphia, PA | $86,083,655 | $90,116,312 |
Refuah Health Center Inc Spring Valley, NY | $86,079,660 | $83,793,686 |
William F Ryan Community Health Center Inc New York, NY | $83,034,128 | $83,576,380 |
Community Health Associates Inc Galion, OH | $8,085,875 | $50,228,840 |
University Of Maryland Community Medical Group Inc Easton, MD | $1,975,920 | $47,167,284 |
Oda Primary Health Care Network Inc Brooklyn, NY | $45,936,097 | $71,824,899 |
Hopewell Health Centers Inc Chillicothe, OH | $48,966,923 | $74,549,175 |
Three Lower Counties Community Services Inc Salisbury, MD | $63,101,826 | $74,349,291 |