Fabric Of Hope Inc
- Assets
- $10.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Livingston, AL
- Founding
- 04/2015
- Data as of
- 12/2022
- EIN
- 47-3311264
Organization Overview
Fabric Of Hope Inc is located in Livingston, AL. The organization was established in 2015. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fabric 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 12/2022, Fabric Of Hope Inc generated $80.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $81.6k during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Faile Director | 0 | $0 | |
Larry Barnes Board Member | 0 | $0 | |
Judy Barnes Board Member | 0 | $0 | |
William S Faile Board Member | 0 | $0 | |
Wanda Faile Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,219 |
| 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 | $80,219 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,563 |
| Total expenses | $81,563 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,027 |
| Other assets | $0 |
| Total assets | $10,027 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,027 |