Have Hope
- Assets
- $456.4k
- Revenue
- $889.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 47-3084767
Organization Overview
Have Hope is located in Baltimore, MD. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Have Hope 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, Have Hope generated $889.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 61.4% each year . All expenses for the organization totaled $592.0k during the year ending 12/2022. While expenses have increased by 59.9% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY BASED SERVICES TO YOUTH - AGES 10-21. RECREATIONAL ACTIVITIES-RESTAURANTS, GROCERY FOOD PURCHASES, MOVIES,ROLLER SKATING. GENERAL CARE OF THE YOUTH - PERSONAL HYGIENE, CLOTHING, SCHOOL SUPPLIES, DRIVING LICENSES AND PERMITS, STATE ISSUED ID'S
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Hayes Board Member | 2 | $0 | |
Stephen Georgie Board Member | 2 | $0 | |
Dante Hilton Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $889,040 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $889,040 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,789 |
| Other employee salaries and wages | $387,054 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30,058 |
| Depreciation | $0 |
| Occupancy | $889 |
| Travel, conferences, and meetings | $27,214 |
| Printing and publications | $0 |
| Other expenses | $107,516 |
| Total operating and administrative expenses | $592,020 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $592,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,349 |
| Savings and temporary cash investments | $514 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $90,500 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $456,363 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $500 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,504 |
| Total liabilities | $10,004 |