Kids Advancing Hope Coalition
- Assets
- $481.1k
- Revenue
- $371.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Wixom, MI
- Founding
- 03/1996
- Data as of
- 12/2021
- EIN
- 38-3236054
Organization Overview
Kids Advancing Hope Coalition is located in Wixom, MI. The organization was established in 1996. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Kids Advancing Hope Coalition 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, Kids Advancing Hope Coalition generated $371.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $65.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD ASSISTANCE FOR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FOOD ASSISTANCE FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Burwell Secretary | OfficerTrustee | 0.08 | $0 |
Chelsea Barnes Chairperson | OfficerTrustee | 0.1 | $0 |
Michael Burwell President | OfficerTrustee | 10.58 | $0 |
Kristen Burwell Director | Trustee | 0.02 | $0 |
Tracy Herron Director | Trustee | 0.08 | $0 |
Dawn Byrd Director | Trustee | 0.02 | $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 | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $33,357 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $332,158 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $370,970 |
| 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. | $11,856 |
| Compensation of current officers, directors, key employees. | $1,927 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $131 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $500 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,078 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,288 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $65,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $394,859 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $36,224 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,000 |
| Total assets | $481,083 |
| 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 | $59,330 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,082 |
| Total liabilities | $64,412 |
| Net assets without donor restrictions | $416,671 |
| 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 | $481,083 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kids Advancing Hope Coalition has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Kiwanis International Inc Allenton, MI PURPOSE: PROVIDE MEALS | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kids Read Now Troy, OH | $1,305,520 | $4,930,805 |
Communities In Schools Of Michigan Inc Lansing, MI | $5,757,124 | $8,847,770 |
Simon Youth Foundation Inc Indianapolis, IN | $13,534,989 | $1,991,502 |
La Crosse Medical Health Science Consortium Inc La Crosse, WI | $13,920,244 | $1,509,206 |
Reading Recovery Council Of North America Worthington, OH | $1,777,303 | $1,197,918 |
Wisconsin Literacy Inc Madison, WI | $355,424 | $1,313,626 |
Literacy Network Inc Madison, WI | $4,205,047 | $2,002,520 |
School On Wheels Corp Indianapolis, IN | $2,488,592 | $1,690,910 |
Kalamazoo Literacy Council Kalamazoo, MI | $565,019 | $856,187 |
Seedlings Braille Books For Children Livonia, MI | $4,243,634 | $799,029 |
The Literacy Alliance Inc Fort Wayne, IN | $1,049,795 | $1,201,778 |
Cleveland Kids Book Bank Cleveland, OH | $1,160,921 | $589,576 |