Raising Hope Inc
- Assets
- $399.8k
- Revenue
- $681.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Hummelstown, PA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-3250750
Organization Overview
Raising Hope Inc is located in Hummelstown, PA. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Raising Hope 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, Raising Hope Inc generated $681.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $305.0k during the year ending 12/2022. While expenses have increased by 26.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RAISING HOPE UKRAINE DESIRES TO BE A SOURCE OF HELP TO AID FAMILIES, CHURCHES, AND CHILDREN SUSTAIN AND BUILD LIVES TO FURTHER THE KINGDOM GOD. WE DESIRE TO HELP CITIZENS ECONOMICALLY THROUGH ASSISTANCE WITH BASIC HUMAN NEEDS AS WELL AS ENTREPRENEURSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMANITARIAN RELIEF - RAISING HOPE UKRAINE STRIVES TO HELP FAMILIES AND INDIVIDUALS IN A PRACTICAL WAY BY PROVIDING FOOD, CLOTHING, SCHOOL SUPPLIES, MEDICAL CARE AND TEACHING. WE WANT TO SUSTAIN FAMILIES AND INDIVIDUALS BY AIDING IN MAKING ENDS MEET SO THAT PEOPLE ARENT JUST SURVIVING, BUT HAVE HOPE TO LIVE A SUCCESSFUL, BLESSED LIFE IN THE FUTURE. HUMANITARIAN RELIEF CONSISTS OF EMERGENCY, FOOD, LODGING, POWERE, MEDICAL SUPPLIES, AID AND REFUGEE CARE DUE TO THE WAR IN UKRAINE.
SUMMER CAMPS AND MISSION TEAMS - WE FACILITATE SUMMER CAMPS IN MANY DIFFERENT CITIES AND VILLAGES. WE HOST VARIOUS TEAMS FROM THE UNITED STATES AND OTHER COUNTRIES FROM ORGANIZATIONS SUCH AS YWAM (YOUTH WITH A MISSION) AND OPERATION MOBILIZATION WHERE WE VISIT ORPHANAGES, SCHOOLS, REHABILITATION CENTERS, YOUTH GROUPS AND CHURCHES.
RAISING HOPE UKRAINE DESIRES TO BE A SOURCE OF HELP TO AID FAMILIES, CHURCHES, AND CHILDREN SUSTAIN AND BUILD LIVES TO FURTHER THE KINGDOM GOD. WE DESIRE TO HELP CITIZENS ECONOMICALLY THROUGH ASSISTANCE WITH BASIC HUMAN NEEDS AS WELL AS ENTREPRENEURSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Archana Annam Tkachuk President | Officer | 40 | $12,000 |
Ron Louder Advising Member | Trustee | 5 | $0 |
Craig Fasnacht Advising Member | Trustee | 5 | $0 |
Woody Wolfe Advising Member | Trustee | 5 | $0 |
Dr Brian Mcmurray Advising Member | Trustee | 5 | $0 |
Elizabeth Valentine Advising Member | Trustee | 10 | $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 | $675,364 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $675,364 |
| Total Program Service Revenue | $0 |
| Investment income | $6,425 |
| 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 | $681,789 |
| 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. | $12,000 |
| 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 | $929 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $601 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,514 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $40,230 |
| Total functional expenses | $304,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,106 |
| Savings and temporary cash investments | $0 |
| 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 | $184,645 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $399,751 |
| 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 | $2,477 |
| Total liabilities | $2,477 |
| Net assets without donor restrictions | $397,274 |
| 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 | $399,751 |