Hope & Future Inc
- Assets
- $53.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Union City, NJ
- Founding
- 02/2014
- Data as of
- 12/2021
- EIN
- 46-3756110
Organization Overview
Hope & Future Inc is located in Union City, NJ. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope & Future 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 12/2021, Hope & Future Inc generated $133.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $127.7k during the year ending 12/2021. While expenses have increased by 23.0% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
HOPE + FUTURE PROGRAMS INCLUDED ATHLETIC TRAINING, MALE LEADERSHIP AND MENTORING CLUBS, FEMALE EMPOWERMENT PROGRAMMING, HEALTH AND NUTRITION EDUCATION, AN INTRAMURAL BASKETBALL LEAGUE, COMMUNITY VOLUNTEER TRIPS, AND MOST IMPORTANTLY ASSIGNED ACADEMIC STUDY PERIODS TO ASSIST PERSONAL STUDENT GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gian Paul Gonzalez President & CEO | 30 | $30,000 | |
Kimberly Reeve Vice President | 30 | $0 | |
Elizabeth Christenson President & CEO | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,282 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,282 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,000 |
| Professional fees and other payments to independent contractors | $806 |
| Occupancy, rent, utilities, and maintenance | $34,850 |
| Printing, publications, postage, and shipping | $499 |
| Other expenses | $31,498 |
| Total expenses | $127,653 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,572 |
| Other assets | $0 |
| Total assets | $53,572 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,572 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope & Future Inc has recieved totaling $5,901.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,863 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |