Future Hope Inc
- Assets
- $111.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Weatherford, TX
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 47-1647258
Organization Overview
Future Hope Inc is located in Weatherford, TX. The organization was established in 2014. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, 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. Future 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, Future Hope Inc generated $73.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $60.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
HERE IS WHAT FUTURE HOPE HAITI ACCOMPLISHED IN 2022. * MORE THAN 70 CHILDREN HEARD THE GOSPEL EACH MONDAY THROUGH THURSDAY MORNING. * MORE THAN 100,000 PEOPLE HEARD THE GOSPEL THOUGH RADIO VISION GLOBAL. * MORE THAN 150 CHILDREN LEARNED ABOUT GOD AND HIS WORD THROUGH THE WEEKLY AWANA BIBLE MEMORY CLUB. * 15 PARENTS LEARNED ABOUT THEIR IMPORTANCE DURING THEIR CHILDREN'S FIRST THREE YEARS. * 42 STUDENTS RECEIVED FULL SCHOLARSHIPS FOR SCHOOL. * MORE THAN 40 STUDENTS LEARNED THE JOY OF READING BY ATTENDING THE WEEKLY READING CLUB IN THE LIBRARY. * MORE THAN 100 CHILDREN FROM THE COMMUNITY RECEIVED HELP WITH HOMEWORK. * MORE THAN 250 CHILDREN HEARD THE GOSPEL THROUGH THE SUMMERTIME KID'S CLUB. * 26 PEOPLE RECEIVED A STEADY INCOME THROUGH FUTURE HOPE HAITI, PROVIDING STABILITY IN THEIR FAMILIES. * THE COMMUNITY WAS ENCOURAGED AND STRENGTHENED THROUGH ALL THE FUTURE HOPE HAITI PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Dowell Stackpole Chairman | 2 | $0 | |
Tammie Showalter Board Member | 2 | $0 | |
Tracy Bolin Vice President | 10 | $0 | |
Kevin Bolin Board Member | 5 | $0 | |
Scott Clements Board Member | 2 | $0 | |
Mike Staggs Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,794 |
| 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 | $73,794 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $10,285 |
| Printing, publications, postage, and shipping | $20 |
| Other expenses | $50,152 |
| Total expenses | $60,457 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,676 |
| Other assets | $0 |
| Total assets | $111,127 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,127 |