Family Hope Charity Incorporated
- Assets
- $171.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 04/2012
- Data as of
- 12/2023
- EIN
- 45-2633980
Organization Overview
Family Hope Charity Incorporated is located in Palatine, IL. The organization was established in 2012. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Hope Charity Incorporated 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, Family Hope Charity Incorporated generated $83.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $83.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 5 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 |
|---|---|---|---|
Geofrey Andama Board Member And Chairman | 5 | $0 | |
Elsie Smith Board Member And Secretary | 2 | $0 | |
Jody Kunzweiler Board Member And Treasurer | 10 | $0 | |
George Komo Board Member | 2 | $0 | |
Millicent Kamau Board Member | 2 | $0 | |
Barbara Clausen Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,106 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $84 |
| Total Revenue | $83,190 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $899 |
| Other expenses | $1,628 |
| Total expenses | $83,900 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,376 |
| Other assets | $0 |
| Total assets | $171,376 |
| Total liabilities | $0 |
| Net assets or fund balances | $171,376 |