Hands Offering Hope Foundation Inc
- Assets
- $9.5k
- Revenue
- $442.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Trumbull, CT
- Founding
- 02/2012
- Data as of
- 09/2023
- EIN
- 45-3798076
Organization Overview
Hands Offering Hope Foundation Inc is located in Trumbull, CT. 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. As of 09/2023, Hands Offering Hope Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hands Offering Hope Foundation 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, Hands Offering Hope Foundation Inc generated $442.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $482.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE WORK TO SEE CHILDREN AND YOUTH AROUND THE WORLD THRIVE BY OFFERING HOPE, LOVE, AND OPPORTUNITY THROUGH A GLOBAL COMMUNITY OF EXPERTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE PROVIDES LEADERSHIP AND EDUCATION OPPORTUNITIES FOR STUDENTS. HANDS OFFERING HOPE OFFERS YEAR ROUND TUTORING PROGRAMMING, SCHOOL CLUBS AND A PROGRAM THAT PROVIDES LEADERSHIP AND CAREER READINESS TRAINING TO STUDENTS IN RURAL MEXICO. IT ALSO OPERATES A YEAR-ROUND CULINARY INSTITUTE THAT TRAINS STUDENTS TO WORK IN THE MANY TOURIST AREAS IN THE REGION. IN 2022-23, THE FOLLOWING WAS ACCOMPLISHED: 1. TUTORING - PROVIDED WEEKLY TUTORING IN MATH, ENGLISH AND PUBLIC SPEAKING FOR 75 STUDENTS FROM AUGUST 2022 - JUNE 2023 2. LEADERSHIP INSTITUTE - SERVED OVER 200 STUDENTS AGES 5-19 PROVIDING MONTHLY LEADERSHIP TRAINING, A WINTER CONFERENCE AND SUMMER PROGRAMMING. STUDENTS AND PARENTS EXPRESSED A HIGH LEVEL OF SATISFACTION IN THE QUALITY OF THE PROGRAM. 3. CULINARY INSTITUTE - WELCOMED FIRST COHORT OF 8 STUDENTS WHO BEGAN CLASSES AND COMPETED IN (AND WON) NATIONAL COMPETITIONS. STUDENTS WERE PLACED IN A VARIETY OF INTERNSHIPS WITH LOCAL AND REGIONAL RESTAURANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Dominguez President | Officer | 40 | $43,465 |
Jorge Briones Officer | Officer | $0 | |
Kimberly Cordes Treasurer | Officer | $0 | |
Joe Dellamonica Officer | Officer | $0 | |
Katherine Dileo Officer | Officer | $0 | |
Andy Ellwood Officer | Officer | $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 | $441,144 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $441,144 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| 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 | $442,387 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $544 |
| Grants and other assistance to Foreign Orgs/Individuals | $224,541 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,466 |
| Compensation of current officers, directors, key employees. | $4,347 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,729 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,912 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $975 |
| 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 | $30,991 |
| Advertising and promotion | $325 |
| Office expenses | $136 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,648 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,085 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $904 |
| All other expenses | $6,158 |
| Total functional expenses | $482,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,011 |
| Savings and temporary cash investments | $2,506 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,517 |
| Accounts payable and accrued expenses | $13,661 |
| 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 | $93,004 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $106,665 |
| Net assets without donor restrictions | -$97,148 |
| 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 | $9,517 |