Hope Sheds Light
- Assets
- $1.3m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 28
- Location
- Toms River, NJ
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-3910504
Organization Overview
Hope Sheds Light is located in Toms River, NJ. The organization was established in 2014. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Hope Sheds Light employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Sheds Light 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, Hope Sheds Light generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 27.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HOPE SHEDS LIGHT, INC. IS A NON-PROFIT DEDICATED TO EDUCATING YOUTH AND FAMILIES ON SUBSTANCE ABUSE, WHILE SUPPORTING RESOURCES SO EVERY FAMILY MEMBER IN OUR COMMUNITY UNDERSTANDS THEY ARE NOT ALONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE SHEDS LIGHT, INC. ("HSL") WANTS CHILDREN, PARENTS AND THE ENTIRE COMMUNITY TO KNOW THE DANGERS OF SUBSTANCE ABUSE AND HOW HEROIN USE AND HOW CONTINUED USE CAN ULTIMATELY TAKE YOUNG LIVES. OUR GOAL IS TO CREATE AWARENESS AND BE A GATEWAY TO ALL AGENCIES THAT PROVIDE SUPPORT. THIS IS ACHIEVED BY PROVIDING A COMPREHENSIVE WEBSITE OF RESOURCES FOR RELATED SUBSTANCE ABUSE AGENCIES, HELP LINES, SUPPORT GROUPS, AND DRUG REHAB FACILITIES. ADDITIONAL EDUCATIONAL RESOURCES ARE PROVIDED TO HELP THE COMMUNITY IN UNDERSTANDING ADDICTION, KNOWING THE SIGNS, TAKING THE FIRST STEP TO SEEK HELP, FINDING HOPE AND IDENTIFYING ONGOING SUPPORT GROUPS. WE WORK TO HELP THOSE STRUGGLING WITH THE DISEASE OF ADDICTION AS WELL AS THEIR FAMILIES AND THE COMMUNITY AT LARGE. BY THE CLOSE OF 2020, HSL HAS DIRECTLY TOUCHED THE LIVES OF OVER 150,000 INDIVIDUALS. HSL HAS ALSO ENGAGED IN AN EXTENSIVE PUBLIC AWARENESS CAMPAIGN IN THE GREATER OCEAN COUNTY, NJ AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Capaci CEO | Officer | 40 | $124,630 |
Ronald L Rosetto President | OfficerTrustee | 10 | $0 |
Steve Willis Vice President | OfficerTrustee | 20 | $0 |
Arvo Prima Treasurer | OfficerTrustee | 20 | $0 |
Ann Marie Baker Secretary | OfficerTrustee | 10 | $0 |
Lee Webb Board Member | Trustee | 5 | $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 | $1,054,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,054,450 |
| Total Program Service Revenue | $0 |
| Investment income | $10,154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $134,633 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,199,237 |
| 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. | $124,630 |
| Compensation of current officers, directors, key employees. | $18,695 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $478,701 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,020 |
| Payroll taxes | $63,131 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,694 |
| Advertising and promotion | $1,129 |
| Office expenses | $31,709 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,142 |
| Travel | $12,498 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,129 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,978 |
| Insurance | $11,327 |
| All other expenses | $20,102 |
| Total functional expenses | $1,152,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,062,995 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $69,093 |
| Accounts receivable, net | $44,576 |
| 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 | $4,294 |
| Net Land, buildings, and equipment | $43,665 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $82,769 |
| Total assets | $1,307,392 |
| Accounts payable and accrued expenses | $7,936 |
| Grants payable | $0 |
| Deferred revenue | $37,333 |
| 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 | $81,052 |
| Total liabilities | $126,321 |
| Net assets without donor restrictions | $1,181,071 |
| 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 | $1,307,392 |