Rising Hope Foundation
- Assets
- $197.7k
- Revenue
- $304.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Solway, MN
- Founding
- 01/2013
- Data as of
- 12/2021
- EIN
- 45-3566370
Organization Overview
Rising Hope Foundation is located in Solway, MN. The organization was established in 2013. According to its NTEE Classification (P62) the organization is classified as: Victims 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. Rising Hope Foundation 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, Rising Hope Foundation generated $304.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $182.7k 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 HELP & A FACILITY FOR VICTIMS OF HUMAN TRAFFICKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EXPENSES OF OPERATING THE FACILITY AND IMPROVEMENTS TO THE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vickie Leckie Vice Pres | Officer | 25 | $24,915 |
David Leckie Pres | Officer | 35 | $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 | $293,408 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $293,408 |
| 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 | $11,445 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $304,853 |
| 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. | $24,915 |
| 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 | $4,052 |
| Fees for services: Management | $66,925 |
| 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 | $5,164 |
| Office expenses | $7,521 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,316 |
| Travel | $10,443 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,373 |
| Insurance | $3,769 |
| All other expenses | $0 |
| Total functional expenses | $182,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,688 |
| Savings and temporary cash investments | $49,780 |
| 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 | $128,233 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,701 |
| 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 | $197,701 |
| 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 | $197,701 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rising Hope Foundation has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Lamb Weston Charitable Foundation Eagle, ID PURPOSE: COMMUNITY SUPPORT | $50 |
Peer Organizations
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|---|---|---|
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Call To Freedom Inc Sioux Falls, SD | $3,238,694 | $4,145,084 |
Rape & Abuse Crisis Center Of Fargo-Moorhead Fargo, ND | $1,660,650 | $2,131,733 |
St Paul & Ramsey County Domestic Abuse Intervention Project St Paul, MN | $1,658,823 | $1,622,633 |
Lakes Crisis & Resource Center Detroit Lakes, MN | $4,074,906 | $2,002,275 |
Stronghold Rescue & Relief Menomonee Falls, WI | $430,736 | $1,540,655 |
Violence Intervention Project Inc Thief River Falls, MN | $657,636 | $1,108,246 |
Cia Siab Inc La Crosse, WI | $571,685 | $765,367 |
Native Womens Society Of The Great Plains Reclaiming Our Sacredness Eagle Butte, SD | $134,175 | $563,802 |
Central Dakota Forensic Nurse Examiners Bismarck, ND | $176,710 | $487,185 |
Phumulani Minnesota African Women Against Violence Minneapolis, MN | $118,585 | $395,103 |