High Hopes
- Assets
- $13.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ada, MN
- Founding
- 02/2018
- Data as of
- 12/2022
- EIN
- 32-0498505
Organization Overview
High Hopes is located in Ada, MN. The organization was established in 2018. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High Hopes 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, High Hopes generated $156.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $162.2k during the year ending 12/2022. While expenses have increased by 25.0% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE SUPPORT AND TUTORING TO INDIVIDUALS WITH DYSLEXIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Eggen Vice President | 7 | $0 | |
Jan Moy Secretary | 0.5 | $0 | |
Jessica Gilbertson President & CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,041 |
| Total Program Service Revenue | $151,938 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $231 |
| Total Revenue | $156,210 |
| 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 | $130,553 |
| Occupancy, rent, utilities, and maintenance | $15,268 |
| Printing, publications, postage, and shipping | $3,687 |
| Other expenses | $12,652 |
| Total expenses | $162,160 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,385 |
| Other assets | $0 |
| Total assets | $13,385 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,385 |