Future Hope Africa Inc
- Assets
- $21.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, KY
- Founding
- 12/2013
- Data as of
- 12/2023
- EIN
- 46-0640458
Organization Overview
Future Hope Africa Inc is located in Princeton, KY. The organization was established in 2013. 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. Future Hope Africa 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 12/2023, Future Hope Africa Inc generated $96.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $100.2k during the year ending 12/2023. While expenses have increased by 7.5% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin King President | 5 | $0 | |
Deborah Solis Secretary | 0.5 | $0 | |
Stephen Butler Treasurer | 8 | $0 | |
Kimberly Green Director | 0.5 | $0 | |
Keyra Poulson-Sheares Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,631 |
| Total Program Service Revenue | $6,252 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,883 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,559 |
| Professional fees and other payments to independent contractors | $4,897 |
| Occupancy, rent, utilities, and maintenance | $3,527 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,248 |
| Total expenses | $100,231 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,319 |
| Other assets | $0 |
| Total assets | $21,590 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,590 |