Ladders Of Hope Usa Inc
- Assets
- $168.2k
- Revenue
- $271.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fennville, MI
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 38-3863090
Organization Overview
Ladders Of Hope Usa Inc is located in Fennville, MI. The organization was established in 2013. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ladders Of Hope USA 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, Ladders Of Hope USA Inc generated $271.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $237.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 2 years. 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
THE MISSION OF LADDERS OF HOPE USA, INC. IS TO HELP INDIVIDUALS AND FAMILIES AND ALLEGAN COUNTY WITH FOOD ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LADDERS OF HOPE USA, INC. FOOD PANTRY HELPS INDIVIDUALS, FAMILIES AND ALLEGAN COUNTY WITH FOOD ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Murray President | Officer | 5 | $0 |
Valerie Wohlwend Vice President | Officer | 5 | $0 |
Joyce Evans Treasurer | Officer | 5 | $0 |
Tom Chatman Trustee | Trustee | 5 | $0 |
Mike Wohlwend Director Of Operations | 20 | $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 | $270,539 |
| Noncash contributions included in lines 1a–1f | $216,565 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,539 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $271,620 |
| 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 | $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 | $1,462 |
| Office expenses | $373 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,998 |
| Travel | $0 |
| 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 | $2,979 |
| Insurance | $2,765 |
| All other expenses | $4,600 |
| Total functional expenses | $237,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,154 |
| 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 | $7,160 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $80,890 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $168,204 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $168,204 |
| 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 | $168,204 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ladders Of Hope Usa Inc has recieved totaling $147.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $147 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Homes Society Inc Toledo, OH | $40,056,838 | $54,580,656 |
Starfish Family Services Inc Inkster, MI | $15,933,160 | $46,429,457 |
Bethany Christian Services Inc Grand Rapids, MI | $68,418,371 | $21,710,387 |
Jewish Family Service West Bloomfield, MI | $22,562,152 | $20,219,121 |
Cap Services Inc Stevens Point, WI | $51,415,788 | $20,477,463 |
Family Services Of Northeast Wisconsin Inc Green Bay, WI | $20,431,269 | $18,504,506 |
Arbor Circle Corporation Grand Rapids, MI | $11,236,854 | $17,704,356 |
Oakland Family Services Pontiac, MI | $6,566,624 | $13,805,046 |
St Charles Youth And Family Services Inc Milwaukee, WI | $8,959,168 | $12,461,282 |
Sos Community Services Ypsilanti, MI | $4,698,915 | $12,205,840 |
Family & Children Services Inc Kalamazoo, MI | $32,880,645 | $13,121,460 |
Eagle Village Inc Hersey, MI | $8,675,172 | $9,597,805 |