Light Of Hope Inc is located in Fort Lauderdale, FL. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light Of Hope 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 12/2023, Light Of Hope Inc generated $17.4m in total revenue. All expenses for the organization totaled $16.0m during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THIS CORP WILL WORK INDEPENDENTLY AND OR IN COOPERATION WITH LIKE-MINDED ORGANIZATIONS TO PROVIDE COUNSELING, CASE MANAGEMENT TESTING, LINKAGE TO CARE, PRIMARY CARE, AND MEDICATIONS TO INDIVIDUALS WITH OR EXPOSED TO STI'S
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristin Renae Vice President | Officer | 5 | $93,681 |
Daniel Monahan Chairman | Officer | 1 | $0 |
Christian Castro Treasurer | Officer | 1 | $0 |
John Doumar Secretary | Officer | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $17,258,799 |
Investment income | $144,462 |
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 | $17,403,241 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $797,790 |
Pension plan accruals and contributions | $2,745 |
Other employee benefits | $3,069 |
Payroll taxes | $64,867 |
Fees for services: Management | $435,000 |
Fees for services: Legal | $138,813 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $13,612 |
Fees for services: Other | $396,030 |
Advertising and promotion | $50,798 |
Office expenses | $547,639 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $370,000 |
Travel | $9,602 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $30,952 |
All other expenses | $27,073 |
Total functional expenses | $16,000,375 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,076,847 |
Savings and temporary cash investments | $0 |
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 | $302,073 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,274 |
Total assets | $7,389,194 |
Accounts payable and accrued expenses | $0 |
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 | $117,991 |
Total liabilities | $117,991 |
Net assets without donor restrictions | $0 |
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 | $7,271,203 |
Total liabilities and net assets/fund balances | $7,389,194 |