Giving Hope Network
- Assets
- $130.5k
- Revenue
- $181.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Lewes, DE
- Founding
- 11/2009
- Data as of
- 12/2022
- EIN
- 26-1451475
Organization Overview
Giving Hope Network is located in Lewes, DE. The organization was established in 2009. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Giving Hope Network 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, Giving Hope Network generated $181.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $155.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Giving Hope Network has awarded 40 individual grants totaling $929,824. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS MISSION IS TO DEVELOP SHARED SOLUTIONS FOR LARGE, COMPLEX SOCIETAL CHALLENGES. WE INSPIRE AND MOBILIZE A PASSIONATE AND CAPABLE COMMUNITY COMMITTED TO MAKING A BIG DIFFERENCE IN PEOPLES LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIVING HOPE NETWORK IS FOCUSED ON TRANSFORMING LIVES. WE PROVIDE RESOURCES AND ACCESS TO A POWERFUL NETWORK OF PEOPLE WILLING TO HELP IN ORDER TO PROVIDE HOPE FOR A BETTER FUTURE, ACCESS TO LIFES ESSENTIAL NEEDS, IMPROVE COMMUNICATION, SUPPORT EDUCATION, CREATE EMPLOYMENT OPPORTUNITIES AND ENCOURAGE CHARITABLE SUPPORT. OUR AREAS OF FOCUS INCLUDE AUTISM AND YOUTH ADVOCACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Thomson Ya Team | Trustee | 2 | $0 |
Joe Torres Point Of Contact Ya Internati | Trustee | 2 | $0 |
Brian Gomez Trustee | Trustee | 2 | $0 |
Ted Neuberger Hear Me Now Lead | Trustee | 4 | $0 |
Rob Tiberi Event Leadership | Trustee | 2 | $0 |
Emily Sellers Ya Team | Trustee | 2 | $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 | $79,159 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,159 |
| 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 | $102,078 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $181,237 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $109,403 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,281 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,168 |
| Advertising and promotion | $492 |
| Office expenses | $0 |
| Information technology | $2,752 |
| 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 | $214 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,256 |
| All other expenses | $0 |
| Total functional expenses | $155,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,021 |
| 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 | $500 |
| 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 | $130,521 |
| 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 | $7,278 |
| Total liabilities | $7,278 |
| Net assets without donor restrictions | $123,243 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $130,521 |
Grants Awarded
Over the last fiscal year, Giving Hope Network has awarded $93,524 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SPECTRUM 360 | | | $7,524 |
ELEOS INTERNATIONAL MINISTRIES | | | $60,000 |
CROSSROADS4HOPE | | | $26,000 |