Hope Abides
- Assets
- $64.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Anacortes, WA
- Founding
- 11/2010
- Data as of
- 12/2021
- EIN
- 27-3571705
Organization Overview
Hope Abides is located in Anacortes, WA. The organization was established in 2010. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Abides 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 Abides generated $84.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $75.2k during the year ending 12/2021. While expenses have increased by 14.8% per year over the past 5 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
GRANTS TO ORPHANAGES IN INDIA. GRANTS WERE USED FOR EDUCATION, FOOD, COVID AND SHELTER. GRANTS WERE MADE TO ORGANIZATIONS IN AP, TELANGANA, UP, TAMIL NADU AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Adams President | 26 | $0 | |
Marie-France Adams Treasurer | 2 | $0 | |
Sushil Kamble Director | 2 | $0 | |
Suresh Kotha Director | 5 | $0 | |
Nicole Fields Director | 2 | $0 | |
Srikant Radhakrishnan Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,352 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $84,355 |
| 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 | $5,165 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,039 |
| Total expenses | $75,225 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,282 |
| Other assets | $0 |
| Total assets | $64,282 |
| Total liabilities | $0 |
| Net assets or fund balances | $64,282 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Abides has recieved totaling $147.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $147 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Alliance International Seattle, WA | $1,404,017 | $8,275,089 |
Ashesi University Foundation Seattle, WA | $12,782,442 | $4,145,019 |
Agros International Seattle, WA | $3,399,558 | $4,102,403 |
Na Ah Illahee Fund Seattle, WA | $3,416,463 | $4,496,691 |
World Concern Development Organization Shoreline, WA | $2,234,815 | $2,856,478 |
Forward Edge International Brush Prairie, WA | $1,950,327 | $2,648,381 |
Bridges To Development Vashon, WA | $3,789,622 | $3,043,264 |
Amigos De Honduras Seattle, WA | $43,954 | $2,329,024 |
Partners In Aviation And Communications Technology Inc Nampa, ID | $1,585,559 | $2,438,733 |
Yemen Relief And Reconstruction Foundation Mercer Island, WA | $2,032,152 | $2,587,110 |
Construction For Change Seattle, WA | $370,557 | $1,568,745 |
New Covenant Missions Inc COEUR dALENE, ID | $318,643 | $1,798,794 |