Lilys Hope Foundation
- Assets
- $178.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Allentown, PA
- Founding
- 03/2013
- Data as of
- 12/2022
- EIN
- 45-5557205
Organization Overview
Lilys Hope Foundation is located in Allentown, PA. The organization was established in 2013. According to its NTEE Classification (P40) the organization is classified as: Family 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. Lilys 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 12/2022, Lilys Hope Foundation generated $73.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $91.0k during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION HAS SUPPORTED AND ASSISTED OVER 1,000 FAMILIES IN 49 STATES THROUGHOUT ITS TENURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Driscoll President | 25 | $0 | |
Justin Driscoll Vice President | 25 | $0 | |
Michael Driscoll Finance Dir. | 5 | $0 | |
Alison Koch Secretary | 5 | $0 | |
Terry Corigliano Director | 5 | $0 | |
John Kunes Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,047 |
| Total Program Service Revenue | $2,961 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,704 |
| Other Revenue | $150 |
| Total Revenue | $73,862 |
| 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 | $575 |
| Occupancy, rent, utilities, and maintenance | $23,850 |
| Printing, publications, postage, and shipping | $10,320 |
| Other expenses | $56,270 |
| Total expenses | $91,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $178,455 |
| Other assets | $0 |
| Total assets | $178,455 |
| Total liabilities | $0 |
| Net assets or fund balances | $178,455 |