Hope Springs Eternal Inc
- Assets
- $9.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bryson City, NC
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 32-0550232
Organization Overview
Hope Springs Eternal Inc is located in Bryson City, NC. The organization was established in 2018. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Springs Eternal Inc 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 Springs Eternal Inc generated $90.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $86.8k during the year ending 12/2021. While expenses have increased by 13.4% per year over the past 2 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
TRANSITIONAL HOUSING AND SUPPORT FOR MEN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron J Bridges General Director | 40 | $31,800 | |
Anna Bridges Assistant Director | 40 | $7,300 | |
Johannes Appelgrijn Board Member | 10 | $0 | |
Jeff Jenkins Treasurer | 10 | $0 | |
Pastor Marty Pressley President | 10 | $0 | |
Natala Mohl Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,743 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,743 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,320 |
| Professional fees and other payments to independent contractors | $200 |
| Occupancy, rent, utilities, and maintenance | $15,196 |
| Printing, publications, postage, and shipping | $28 |
| Other expenses | $31,049 |
| Total expenses | $86,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,894 |
| Other assets | $0 |
| Total assets | $9,894 |
| Total liabilities | $4,410 |
| Net assets or fund balances | $5,484 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Springs Eternal Inc has recieved totaling $48.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $48 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Caring Services Inc High Point, NC | $1,536,914 | $1,411,818 |
Cherokee Childrens Home Inc Gaffney, SC | $3,365,795 | $820,057 |
Wilkes Senior Resources North Wilkesboro, NC | $440,210 | $542,827 |
H O P E Through Divine Intervention Atlanta, GA | $3,258,168 | $500,628 |
Damascus Road Inc Paris, TN | $232,185 | $300,851 |
New Beginnings Hickory Hickory, NC | $217,259 | $330,749 |
Gastonia Potters House Inc Lowell, NC | $292,348 | $235,843 |
Shelter Ministries Of Rowan County Salisbury, NC | $5,848,562 | $432,577 |
My Fathers Choice Inc Charlotte, NC | $160,108 | $298,598 |
Open Door Community Center Washington, NC | $271,772 | $139,573 |
Overcoming Challenges Lawrenceville, GA | $39,361 | $0 |
Hope Springs Eternal Inc Bryson City, NC | $9,894 | $0 |