Hopecycle
- Assets
- $267.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Englewood, CO
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 27-4038753
Organization Overview
Hopecycle, operating under the name Project Recycle, is located in Englewood, CO. The organization was established in 2011. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Project Recycle employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Recycle 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, Project Recycle generated $167.8k 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 (4.2%) each year. All expenses for the organization totaled $176.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) 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
REPAIR BIKES TO INNER CITY ELEMENTARY STUDENTS IN NEED. PROVIDE STUDENTS WITH HELMETS, LOCKS, AND EDUCATION ON HOW TO RIDE, SAFETY, & WELLNESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Buck Executive Director | 0 | $22,123 | |
Byron Nix Vice Chair | 0 | $0 | |
Brenda Moore Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,981 |
| Total Program Service Revenue | $57,237 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,801 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,643 |
| Professional fees and other payments to independent contractors | $10,048 |
| Occupancy, rent, utilities, and maintenance | $43,394 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,392 |
| Total expenses | $176,477 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,853 |
| Other assets | $0 |
| Total assets | $267,696 |
| Total liabilities | $0 |
| Net assets or fund balances | $267,696 |