Hope On A String
- Assets
- $511.9k
- Revenue
- $620.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Bedford Hills, NY
- Founding
- 01/2012
- Data as of
- 12/2022
- EIN
- 27-4651878
Organization Overview
Hope On A String is located in Bedford Hills, NY. The organization was established in 2012. 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 On A String 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 On A String generated $620.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $528.7k during the year ending 12/2022. While expenses have increased by 7.0% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE SEEK TO FOSTER AN ENVIRONMENT OF SOCIAL TRANSFORMATION AND ECONOMIC DEVELOPMENT IN HAITI THROUGH PARTICIPATION IN MUSIC. MUSIC IS A KEY PILLAR OF HAITIAN CULTURE, SERVING NOT ONLY AS AN EMOTIONAL OUTLET AND A HEALING MECHANISM FOR INDIVIDUALS AND COMMUNITIES BUT ALSO AS A UNIVERSALLY-ACCESSIBLE VEHICLE FOR GALVANIZING COMMUNITY UNITY. WE BELIEVE IN BUILDING COMMUNITY ENGAGEMENT THROUGH PARTICIPATION IN MUSIC AND FACILITATING SUPPORT FOR COMMUNITY-DRIVEN INITIATIVES. IN OUR MODEL, MUSIC EXCELLENCE IN INDIVIDUALS IS A POTENTIAL BY-PRODUCT OF OUR ULTIMATE GOAL: COMMUNITY ENGAGEMENT IN SOCIAL ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY CENTER - HOPE ON A STRING OPERATES A COMMUNITY CENTER IN THE RURAL REGION OF ARCAHAIE WHEREIN WE OFFER A COMPREHENSIVE SLATE OF PERFORMING ARTS CLASSES ACROSS MUSIC, DANCE, AND THEATER. CLASSES ARE OPEN TO ALL WHO WISH TO PARTICIPATE BUT YOUTH IN THE REGION ARE PRIORITIZED. HOAS OFFERS HUNDREDS OF HOURS OF CLASSES PER WEEK, ACROSS DISCIPLINES AND SKILL LEVELS. WE ALSO UTILIZE OUR COMMUNITY CENTER AS A SPACE FOR DIALOGUE, UNITY, AND COMMUNITY ENGAGEMENT. WE HOLD SKILL BUILDING WORKSHOPS, COMMUNITY DIALOGUES, AND OFFER THE SPACE TO COMMUNITY GROUPS WHO WISH TO USE IT FOR THEIR OWN DEVELOPMENT ACTIVITIES.
OTHER PROGRAMS INCLUDING GENERAL PROGRAM AND HAITI EXPENSES.
SCHOOL PARTNERSHIP PROGRAM - HOPE ON A STRING PARTNERS WITH PARTNER SCHOOLS IN THE GREATER ARCAHAIE REGION TO PROVIDE ON-SITE MUSIC EDUCATION CLASSES TO STUDENTS. IN 2021, OUR SCHOOL NETWORK INCLUDED MORE THAN 44 SCHOOLS SERVING OVER 4000+ STUDENTS. EACH STUDENT RECEIVES AT LEAST 3 HOURS OF MUSIC AND CULTURAL EDUCATION PER WEEK THROUGHOUT THE SCHOOL YEAR. HOAS PROVIDES TRAINED INSTRUCTORS AND EDUCATIONAL MATERIALS, AND ALSO COLLABORATES WITH SCHOOL DIRECTORS TO PROVIDE AN ENRICHING EXPERIENCE THAT COMPLEMENTS TRADITIONAL EDUCATION SUBJECTS IN THE NATIONAL CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Noisette Executive Director | OfficerTrustee | 40 | $65,417 |
Stacie Kosinski Co-Chair | OfficerTrustee | 1 | $0 |
Edward Faustin Co-Chair | OfficerTrustee | 1 | $0 |
Janet Cornell Secretary | OfficerTrustee | 1 | $0 |
Cassandro Joseney Treasurer | OfficerTrustee | 1 | $0 |
Bennett Rathbun Board Member | Trustee | 1 | $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 | $613,770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $613,770 |
| Total Program Service Revenue | $5,753 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $620,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $48,747 |
| Compensation of current officers, directors, key employees. | $4,812 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $637 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,937 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,991 |
| Fees for services: Accounting | $15,867 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,019 |
| Advertising and promotion | $2,011 |
| Office expenses | $52,905 |
| Information technology | $9,331 |
| Royalties | $0 |
| Occupancy | $69,916 |
| Travel | $53,498 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,583 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,499 |
| Insurance | $10,263 |
| All other expenses | $0 |
| Total functional expenses | $528,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,694 |
| Savings and temporary cash investments | $274,320 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,549 |
| Net Land, buildings, and equipment | $64,764 |
| Investments—publicly traded securities | $546 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $511,873 |
| Accounts payable and accrued expenses | $13,663 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $13,663 |
| Net assets without donor restrictions | $498,210 |
| 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 | $511,873 |