Hope Network Inc
- Assets
- $150.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Menomonee Falls, WI
- Founding
- 05/1984
- Data as of
- 09/2023
- EIN
- 39-1475304
Organization Overview
Hope Network Inc is located in Menomonee Falls, WI. The organization was established in 1984. According to its NTEE Classification (I72) the organization is classified as: Child Abuse Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 09/2023, Hope Network Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Network 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 09/2023, Hope Network Inc generated $151.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $168.2k during the year ending 09/2023. While expenses have increased by 9.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HOPE NETWORKS MISSION IS TO PROVIDE WOMEN PARENTING ALONE IN MILWAUKEE AND THE SURROUNDING AREA WITH RESOURCES TO BUILD SELF-RELIANCE AND STRONG FAMILIES. HOPE NETWORK S STEPPING INTO HOPE PROGRAM MENTORS WOMEN PARENTING ALONE FOR THREE(3) YEARS PROVIDING SUPPLIES AND SUPPORT.
Describe the Organization's Program Activity:
Part 3
HOPE NETWORK SUPPORTED 234 MEMBERS IN 2022, COMPARED FROM 246 MEMBERS IN 2021. THE STEPPING INTO HOPE PROGRAM DISTRIBUTED 12,031 DIAPERS, 190 PACKS OF WIPES,32 LAYETTE BAGS CONTAINING 1,060 INFANT CLOTHING AND OTHER ITEMS.191 PIECES OF CLOTHING
HOPE NETWORK NEWS IS NOW SHARING HOPE, QUARTERLY PUBLICATION THAT PROVIDES ADDITIONAL INFORMATION TO MEMBERS AND SUPPORTS, IS NOW FULLY DIGITAL. MEMBERS RECEIVE EMAIL UPDATES, SPECIAL OFFERS, AND OTHER SPECIAL PROMOTIONS IN ADDITION TO SUPPLIES.
6 SCHOLARSHIPS WERE AWARDS TO MOTHERS WHO PURSUED A COLLEGE DEGREE DURING THE PANDEMIC. FUNDS MAY BE USED FOR TUITION OR FOR CHILDCARE WHILE THE MOTHER IS IN SCHOOL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Saavedra President | 2 | $0 | |
Melissa Nollie Treasurer | 6 | $0 | |
Jessica Janz-Mckinght Secretary | 2 | $0 | |
Crystal Hearvey Board Member | 2 | $0 | |
Jacob Carlson Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,242 |
| Total Program Service Revenue | $4,980 |
| Membership dues | $1,141 |
| Investment income | $5 |
| Gain or Loss | -$261 |
| Net Income from Gaming & Fundraising | $4,150 |
| Other Revenue | $0 |
| Total Revenue | $151,257 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,130 |
| Salaries, other compensation, and employee benefits | $81,143 |
| Professional fees and other payments to independent contractors | $3,909 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,608 |
| Other expenses | $63,861 |
| Total expenses | $168,172 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,118 |
| Other assets | $0 |
| Total assets | $150,455 |
| Total liabilities | $0 |
| Net assets or fund balances | $150,455 |