Hopenow
- Assets
- $68.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Vernon, OH
- Founding
- 08/2009
- Data as of
- 12/2022
- EIN
- 26-4636287
Organization Overview
Hopenow is located in Mount Vernon, OH. The organization was established in 2009. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopenow 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, Hopenow generated $101.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $88.2k during the year ending 12/2022. While expenses have increased by 13.5% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DURING 2022 THE AGENCY SERVED 166 FAMILIES WHICH INCLUDED 135 CHILDREN UNDER 18, 42 INDIVIDUALS WITH DISABILITIES, 14 INDIVIDUALS THAT WERE PREVIOUSLY HOMELESS AND 4 MILITARY VETERANS. 2678 PIECES OF FURNITURE AND SMALL APPLIANCES WERE DISTRIBUTED, AS WELL AS 1245 BAGS OF BEDDING AND HOUSEHOLD GOODS. FURNITURE DISTRIBUTED INCLUDED 280 BEDS, 100 COUCHES, 78 TABLES AND 191 DINING CHAIRS, 98 DRESSERS, ETC. VALUE OF GOODS DISTRIBUTED IS $ 77467.00 BASED ON USED FURNITURE PRICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Lee Rhoades President - Board Member | 10 | $0 | |
Wayne Dunlop Vice President - Board Member | 10 | $0 | |
Beverly Actis Hierl Board Member | 5 | $0 | |
James Harder Treasurer - Board Member | 10 | $0 | |
Virginia Lee Dunlop Board Member-Media Publicity Chair | 10 | $0 | |
Marshall Winkle Board Member | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,666 |
| Total Program Service Revenue | $25,894 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,566 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,363 |
| Professional fees and other payments to independent contractors | $1,281 |
| Occupancy, rent, utilities, and maintenance | $12,424 |
| Printing, publications, postage, and shipping | $7,272 |
| Other expenses | $36,829 |
| Total expenses | $88,169 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,301 |
| Other assets | $0 |
| Total assets | $68,582 |
| Total liabilities | $1,236 |
| Net assets or fund balances | $67,346 |