Hope Abounds Inc
- Assets
- $186.9k
- Revenue
- $111.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Wilmington, NC
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-1858542
Organization Overview
Hope Abounds Inc is located in Wilmington, NC. The organization was established in 2011. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Hope Abounds Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Abounds 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 12/2022, Hope Abounds Inc generated $111.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $129.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING PRACTICAL SUPPORT FOR INDIVIDUALS ENDURING ACTIVE CANCER TREATMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: HOPE ABOUNDS PROVIDES A BI-MONTHLY WEBCAST PROGRAM TITLED FOCUSING ON YOU ENABLING US TO PROVIDE A WIDE VARIETY EDUCATION OF ONCOLOGY SUBJECTS FOR THE CANCER PATIENT, AWARENESS OF CANCER PREVENTION AND EARLY DETECTION FOR THE GENERAL PUBLIC. PROGRAMS CAN BE LIVE STREAMED, RECORDED AND ARCHIVED ON THE HA WEBSITE, YOUTUBE, APPLE TV AND ROKU CHANNELS. BECAUSE OF THESE EDUCATIONAL PROGRAMS, WE ARE ABLE TO PROVIDE OPPORTUNITIES FOR ONE TO LEARN ABOUT CURRENT AND UP TO DATE MEDICAL DISCOVERIES AND HOW TO INCLUDE THESE NEW INITIATIVES INTO DAY TO DAY PRACTICE REGARDING THE CIRCLE OF CARE TREATMENT FOR THE PATIENTS AS IT RELATES IN THE FIELD OF ONCOLOGY.
PATIENT ADVOCACY: PATIENT ADVOCACY IS PROVIDED FOR THOSE THAT REACH OUT TO HOPE ABOUNDS FOR ASSISTANCE TO CONNECT WITH PATIENT RESOURCES AND FUNDING OPPORTUNITIES THROUGH NATIONAL, STATE, COUNTY AND LOCAL SUPPORT GRANTS THAT ARE OFFERED. AFTER ASSESSMENT IS COMPLETED WITH PATIENT, THE PATIENT ADVOCATES OF HOPE ABOUNDS ARE ABLE TO NETWORK ON THEIR BEHALF TO PROVIDE THE NEEDED ASSISTANCE OF MAINTAINING HOUSEHOLD AND MEDICAL COSTS DURING THEIR ACTIVE CANCER TREATMENT. THE SERVICES OF HOPE ABOUNDS PROVIDES FOR WOMEN, MEN AND FAMILIES OF CHILDREN DURING THIS CATASTROPHIC TIME IN THEIR LIVES.
PATIENT NAVIGATION: PATIENT NAVIGATIAN IS A VITAL RESOURCE TO A NEWLY DIAGNOSED PATLENT OF CANCER. THERE ARE MANY EMOTIONS A PATIENT IS EXPERIENCING SUCH AS FEAR OF THE UNKNOWN AS IT RELATES TO THEIR CURRENT HEALTH STATUS TO THE LACK OF AWARENESS OF SUPPORT EACH PATIENT MAY REAIIZE. BY COMING ALONGSIDE OF A PATIENT, WE ARE ABLE TO ASSIST THEM IN DEVELOPING AND SUSTAINING A SUPPORT SYSTEM AT HOME AND MOST IMPORTANILY THROUGH HOPE ABOUNDS. A CANCER PATIENT WILL WORK WITL"R A TEAM OF PHYSICIANS IN LIEU OF JUST ONE DOCTOR FROM THIS DIAGNOSIS. IT IS IMPORTANT TO FOLLOW AND KEEP INFORMED OF EACH PHYSICIAN'S DIAGNOSIS AND PROGNOSIS TO CONFIRM THAT A PATIENT IS ON TRACK FOR A HEALTHY AND COMPLETED CANCER TREATMENT JOURNEY. TO ASSIST THEM TO MAINTAIN ALL DOCUMENTATION AND MEDICAL INFORMATION, HOPE ABOUNDS CREATED AND PRODUCES A PATIENT RESOURCE NOTEBOOK. HOPE ABOUNDS PROVIDES THESE NOTEBOOKS TO MEDICAL PROFESSIONALS/FACILITIES TO DISTRIBUTE TO THEIR CANCER PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenny Barnes Chairman & Treasurer | OfficerTrustee | 40 | $0 |
James H Faison III Director | Trustee | 1.5 | $0 |
Kendall Fuqua Director | Trustee | 1.5 | $0 |
Jason Clamme Director | Trustee | 1.5 | $0 |
Raishael Tessari Director | Trustee | 1.5 | $0 |
Brandia Bradshaw Director | Trustee | 1.5 | $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 | $119,331 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,331 |
| 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 | -$7,528 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $111,803 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $19,381 |
| 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 | $42,826 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,290 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,104 |
| Office expenses | $378 |
| Information technology | $3,573 |
| Royalties | $0 |
| Occupancy | $5,251 |
| Travel | $121 |
| 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 | $1,581 |
| All other expenses | $6,499 |
| Total functional expenses | $129,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,686 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,319 |
| 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 | $1,919 |
| 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 | $186,924 |
| Accounts payable and accrued expenses | $5,450 |
| Grants payable | $0 |
| Deferred revenue | $66,675 |
| 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 | $19,844 |
| Total liabilities | $91,969 |
| Net assets without donor restrictions | $94,955 |
| 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 | $186,924 |