Light Up Hope Inc
- Assets
- $346.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Broomfield, CO
- Founding
- 06/2018
- Data as of
- 12/2020
- EIN
- 38-4049405
Organization Overview
Light Up Hope Inc is located in Broomfield, CO. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light Up 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 12/2020, Light Up Hope Inc generated $61.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (48.8%) each year. All expenses for the organization totaled $8.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (80.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Shaughnessy President & CEO | 20 | $8,652 | |
Maureen Funkhouser President | 5 | $0 | |
Sydney Dusek Director | 5 | $0 | |
Janessa Cole Treasurer | 5 | $0 | |
Kelsey Otim Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,005 |
| 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 | $61,005 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,652 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $8,652 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,911 |
| Other assets | $0 |
| Total assets | $346,031 |
| Total liabilities | $5,774 |
| Net assets or fund balances | $346,031 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Light Up Hope Inc has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
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|---|---|---|
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Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Park City Community Foundation Park City, UT | $23,921,888 | $11,932,031 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
Cnm Ingenuity Incoproration Albuquerque, NM | $23,986,328 | $5,524,320 |
Pi Foundation Inc Salt Lake City, UT | $42,544,136 | $12,945,919 |
Sun Angel Foundation Inc Tempe, AZ | $37,255,454 | $9,354,798 |
Thunderbirds Charities Phoenix, AZ | $6,399,663 | $6,410,602 |
Yeshiva Of Phoenix Phoenix, AZ | $4,803,605 | $7,122,946 |