Hope Strengthens Foundation
- Assets
- $172.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marblehead, MA
- Founding
- 11/2010
- Data as of
- 12/2021
- EIN
- 27-1653356
Organization Overview
Hope Strengthens Foundation is located in Marblehead, MA. The organization was established in 2010. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Strengthens Foundation 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 Strengthens Foundation generated $177.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $129.9k during the year ending 12/2021. While expenses have increased by 40.1% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Ferreira Executive Director | 24 | $50,000 | |
James Fahey Board Chair | 3 | $0 | |
Joseph Merry Director | 1 | $0 | |
Rafael Mazer Director | 1 | $0 | |
Kerry Brothers Director | 1 | $0 | |
Sarah Grady Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,783 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $67,159 |
| Other Revenue | $0 |
| Total Revenue | $177,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,825 |
| Professional fees and other payments to independent contractors | $474 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,771 |
| Total expenses | $129,911 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $172,027 |
| Other assets | $0 |
| Total assets | $172,027 |
| Total liabilities | $0 |
| Net assets or fund balances | $172,027 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Strengthens Foundation has recieved totaling $130.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $130 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Kennel Club Inc New York, NY | $205,607,464 | $116,802,970 |
New York Thoroughbred Breeders Inc Saratoga Springs, NY | $200,520 | $613,417 |
Spirits Promise Equine Rescue Corp Riverhead, NY | $134,293 | $661,134 |
Akc Fund Inc New York, NY | $5,432,238 | $731,987 |
Golden Opportunities For Independence Walpole, MA | $129,913 | $477,415 |
Bluepath Service Dogs Inc Hopewell Junction, NY | $1,157,518 | $466,023 |
Adopt A Stray Rescue Massachusetts East Falmouth, MA | $45,499 | $198,776 |
Canines For Disabled Kids Inc Worcester, MA | $690,967 | $381,497 |
A Canine Gem Rescue Peru, NY | $25,641 | $0 |
All Bassets Cherished Basset Hound Rescue Buffalo, NY | $832,459 | $201,333 |
Hope Strengthens Foundation Marblehead, MA | $172,027 | $0 |
Nova Scotia Duck Tolling Retriever Club Usa Inc Colchester, CT | $199,433 | $0 |