Mission Hope For Kids Inc
- Assets
- $448.1k
- Revenue
- $330.7k
- Investments
- $0.0
- Employees
- 11
- Location
- Elizabethtown, KY
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 45-3975991
Organization Overview
Mission Hope For Kids Inc, operating under the name Hope Academy For Kids Inc, is located in Elizabethtown, KY. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Hope Academy For Kids Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Academy For Kids 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 12/2022, Hope Academy For Kids Inc generated $330.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $270.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO NURTURE AND RESTORE HOPE TO CHILDREN AT RISK, BY PROVIDING EDUCATIONAL, EMOTIONAL, PHYSICAL AND SPIRITUAL SUPPORT TO HELP THEM REACH THEIR POTENTIAL AND FIND THEIR PURPOSE IN LIFE AS ONE COMMUNITY LOCKS ARMS AND WORKS TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN AND THROUGH PROGRAMS OFFERED AT MHFK, CHILDREN AT-RISK WILL BE PROVIDED WITH TOOLS, SKILLS AND SUPPORT TO HELP THEM OVERCOME THE MANY CHALLENGES THEY FACE AT HOME, SCHOOL AND LIFE. HOWEVER, EMPHASIS WILL NOT BE ON THE PROGRAM OF THE MISSION, BUT THE PERSON OF THE MISSION - CHILDREN. IN ORDER TO HELP THEM SUCCEED, WE WILL SURROUND THEM WITH A SOLID NETWORK OF LOVING, CARING MENTORS WHO ARE WILLING TO MAKE INVESTMENTS INTO THE LIVES OF THE CHILDREN AND OFTEN TIMES THEIR FAMILIES. BECAUSE FAMILY AND COMMUNITY ARE ESSENTIAL TO A CHILD'S DEVELOPMENT, COMMUNITY PARTNERS AND FRIENDS WILL WORK TOGETHER TO BECOME A POSITIVE FORCE IN THE LIVES OF THE CHILDREN. MAJOR ASPECTS OR AREAS OF SUPPORT AT MHFK: ACADEMICS (LITERACY), HOMEWORK AND READING SPIRITUAL AND MORAL DEVELOPMENT EDUCATION (PARENTS: LIFE SKILLS, CHILDREN: BULLYING, HATRED, RACISM, ) PHYSICAL: FOOD AND CLOTHING (GRACE'S BOUTIQUE)
IN AND THROUGH PROGRAMS OFFERED AT MHFK, CHILDREN AT-RISK WILL BE PROVIDED WITH TOOLS, SKILLS AND SUPPORT TO HELP THEM OVERCOME THE MANY CHALLENGES THEY FACE AT HOME, SCHOOL AND LIFE. HOWEVER, EMPHASIS WILL NOT BE ON THE PROGRAM OF THE MISSION, BUT THE PERSON OF THE MISSION - CHILDREN. IN ORDER TO HELP THEM SUCCEED, WE WILL SURROUND THEM WITH A SOLID NETWORK OF LOVING, CARING MENTORS WHO ARE WILLING TO MAKE INVESTMENTS INTO THE LIVES OF THE CHILDREN AND OFTEN TIMES THEIR FAMILIES. BECAUSE FAMILY AND COMMUNITY ARE ESSENTIAL TO A CHILD'S DEVELOPMENT, COMMUNITY PARTNERS AND FRIENDS WILL WORK TOGETHER TO BECOME A POSITIVE FORCE IN THE LIVES OF THE CHILDREN. MAJOR ASPECTS OR AREAS OF SUPPORT AT MHFK: ACADEMICS (LITERACY), HOMEWORK AND READING SPIRITUAL AND MORAL DEVELOPMENT EDUCATION (PARENTS: LIFE SKILLS, CHILDREN: BULLYING, HATRED, RACISM, ) PHYSICAL: FOOD AND CLOTHING (GRACE'S BOUTIQUE)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Carnes Director | Trustee | $0 | |
Rudolph Garcia Director | Trustee | $0 | |
Tara Still Director | Trustee | $0 | |
David Thomas Director | Trustee | $0 | |
Nelle Thomas Executive Di | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,147 |
| All other contributions, gifts, grants, and similar amounts not included above | $294,639 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $329,786 |
| Total Program Service Revenue | $0 |
| Investment income | $64 |
| 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 | $330,734 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,802 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,000 |
| Payroll taxes | $8,314 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15 |
| Fees for services: Accounting | $5,545 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $747 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,435 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,169 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,412 |
| Insurance | $13,913 |
| All other expenses | $0 |
| Total functional expenses | $270,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,822 |
| Savings and temporary cash investments | $311,838 |
| 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 | $4,459 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $448,119 |
| Accounts payable and accrued expenses | $2,923 |
| 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 | $2,923 |
| Net assets without donor restrictions | $405,696 |
| Net assets with donor restrictions | $39,500 |
| 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 | $448,119 |