Glenn And Jakes Foundation Of Hope Inc is located in Matawan, NJ. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glenn And Jakes Foundation Of 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 12/2023, Glenn And Jakes Foundation Of Hope Inc generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $7.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FOOD AND ASSITANCE TO PEOPLE OF ALL AGES FACING ECONOMIC HARDSHIPS, PERSONAL TRAGEDIES, AND PHYSICAL AND MENTAL STRUGGLES IN LIFE. MAKE A DIFFERENCE IN THE LIVES OF OTHERS AND GIVE THEM HOPE FOR A BETTER LIFE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Scher President | 0 | $0 | |
Sylvia Scher Vice President | 0 | $0 | |
Susan Stahl Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,431 |
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 | $6,431 |
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 | $750 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,461 |
Total expenses | $7,211 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | -$780 |