Hope House Of Myrtle Beach Inc is located in Surfside Beach, SC. The organization was established in 2011. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope House Of Myrtle Beach 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, Hope House Of Myrtle Beach Inc generated $17.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $6.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.8%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SEE SUPPORTING STATEMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharlene Zwing President | 1 | $0 | |
Lori Harper Vice Pres/secretary | 1 | $0 | |
Richard Abney Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $16,247 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,525 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $17,772 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,725 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,999 |
Total expenses | $6,724 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $392,333 |
Other assets | $0 |
Total assets | $392,684 |
Total liabilities | $0 |
Net assets or fund balances | $392,684 |