Hope International Foundation is located in New Hope, MN. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope International Foundation 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 01/2021, Hope International Foundation generated $53.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $4.0k during the year ending 01/2021. As we would expect to see with falling revenues, expenses have declined by (34.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $53,635 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $53,635 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Pension plans, employee benefits | $0 |
Depreciation | $1,570 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $1,595 |
Contributions, gifts, grants paid | $2,400 |
Total expenses and disbursements | $3,995 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $46 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Other assets | $0 |
Mortgages and other notes payable | $91,756 |
Other liabilities | $0 |
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