A Spring Of Hope Inc
- Assets
- $1.1m
- Revenue
- $360.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Coconut Creek, FL
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 26-0851887
Organization Overview
A Spring Of Hope Inc is located in Coconut Creek, FL. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. A Spring Of 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, A Spring Of Hope Inc generated $360.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $92.9k during the year ending 12/2021. 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
A SPRING OF HOPE IS A NONPROFIT THAT PROVIDES CLEAN DRINKING WATER, WATERLESS SANITATION SYSTEMS, PERMACULTURE GARDENS, ECONOMIC DEVELOPMENT OPPORTUNITIES AND STUDENT EMPOWERMENT PROGRAMS TO SCHOOLS AND COMMUNITY CENTERS IN RURAL SOUTH AFRICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, WE DISTRIBUTED 300 MENSTRUAL HYGIENE CUPS TO GIRLS IN NEED AND HOSTED WORKSHOPS AT FOUR PARTNER SCHOOLS TO TEACH GIRLS ABOUT MENSTRUAL HEALTH AND MENSTRUAL HYGIENE CUPS. WE GREW VEGETABLES IN OUR PERMACULTURE GARDEN AND DISTRIBUTED THE HARVESTS TO A LOCAL PRESCHOOL AND TO COMMUNITY MEMBERS IN NEED. WE HELPED OUR PARTNER SCHOOLS GROW THEIR GARDENS BY DISTRIBUTING SEEDLINGS AND HOSTING WORKSHOPS FOR STUDENTS AND STAFF TO LEARN ABOUT PERMACULTURE. FOOD PARCELS AND SEEDLINGS WERE ALSO PROVIDED TO OUR PARTNER COMMUNITY GARDEN IN NEWINGTON SOUTH AFRICA. WE SUPPORTED OUR SANITATION PROJECTS AT OUR PARTNER SCHOOLS BY HIRING A LOCAL CONTRACTOR TO MAINTAIN THE ENVIRO LOO UNITS AND KEEP THEM CLEAN AND FUNCTIONING PROPERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brittany Young Director / President | OfficerTrustee | 1 | $0 |
Joanne Young Director / Vice-President, | OfficerTrustee | 30 | $0 |
Howard York Director | Trustee | 1 | $0 |
Stanley L Laskowski Director | Trustee | 1 | $0 |
Gail Auguston-Koppen Director | Trustee | 1 | $0 |
Charmaine Johnson-Leong Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $322,631 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,631 |
| Total Program Service Revenue | $0 |
| Investment income | $38,043 |
| 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 | $360,674 |
| 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 | $28,154 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,478 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,511 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $92,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,902 |
| Savings and temporary cash investments | $997,938 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,096,840 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,096,840 |
| Total liabilities and net assets/fund balances | $1,096,840 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that A Spring Of Hope Inc has recieved totaling $720.
| Awarding Organization | Amount |
|---|---|
Lawrence Family Foundation Inc Palm Beach, FL PURPOSE: SUPPORT | $500 |
Lawrence Family Foundation Inc Palm Beach, FL PURPOSE: SUPPORT | $220 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
African Mission Healthcare Foundation DeLand, FL | $29,885,359 | $23,989,461 |
Amigos For Christ Buford, GA | $4,217,846 | $8,607,219 |
Insulin For Life Usa Inc Gainesville, FL | $7,217,189 | $8,108,896 |
Watoto Child Care Ministry Inc Tampa, FL | $4,552,352 | $8,144,856 |
Favor International Inc Bradenton, FL | $3,030,494 | $5,819,335 |
The Yonkofa Project Inc Peachtree City, GA | $245,141 | $5,183,771 |
Comfort Aid International Lake Mary, FL | $6,410,038 | $6,736,637 |
Bravo Family Foundation Miami Beach, FL | $45,795,409 | $2,825,703 |
Doulos Partners Birmingham, AL | $182,413 | $4,426,226 |
Missionary Flights & Service Inc Fort Pierce, FL | $9,687,861 | $4,312,030 |
Extreme Response International Inc Snellville, GA | $2,127,670 | $3,996,045 |
Health Through Walls Inc North Miami, FL | $3,696,037 | $3,637,727 |