Hope For Gus Foundation
- Assets
- $84.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Peterborough, NH
- Founding
- 06/2010
- Data as of
- 12/2022
- EIN
- 27-2224833
Organization Overview
Hope For Gus Foundation is located in Peterborough, NH. The organization was established in 2010. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Gus 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 12/2022, Hope For Gus Foundation generated $127.1k 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 (13.7%) each year. All expenses for the organization totaled $100.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.4%) 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
2022
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE HOPE FOR GUS FOUNDATION IS TO IMPROVE OUTCOMES FOR THOSE WITH DUCHENNE MUSCULAR DYSTROPHY, A FATAL GENETIC DISORDER WITH NO CURE.HFG WILL RAISE AND DISTRIBUTE FUNDS FOR MEDICAL AND SCIENTIFIC RESEARCH, DISEASE AWARENESS, MEDICAL CARE, AND IMPROVEMENT OF QUALITY OF LIFE FOR DUCHENNE PATIENTS AND FAMILIES. HOPE FOR GUS IS ALSO FOCUSED ON DEVELOPING PROGRAMS TO HELP ALLEVIATE THE VAST UNMET NEEDS IN THE DMD COMMUNITY.WE ARE COMMITTED TO FULLY ALLOCATING THE MAJORITY OF FUNDS RAISED, IN ORDER TO ACHIEVE THIS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Irgens Board Member | 0 | $0 | |
Tonya B Dreher Executive Dir. | 20 | $18,000 | |
Tim Pederson Board Member | 0 | $0 | |
Louise Danforth President | 0 | $0 | |
Amanda Becker Secretary | 0 | $0 | |
Maggie Stoudnour Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,157 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $103,900 |
| Other Revenue | $38 |
| Total Revenue | $127,095 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,419 |
| Professional fees and other payments to independent contractors | $1,490 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $269 |
| Other expenses | $11,070 |
| Total expenses | $100,660 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,370 |
| Other assets | $0 |
| Total assets | $84,370 |
| Total liabilities | $856 |
| Net assets or fund balances | $83,514 |