Knowing Hope Inc
- Assets
- $251.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Andover, MA
- Founding
- 02/2016
- Data as of
- 06/2022
- EIN
- 47-3315850
Organization Overview
Knowing Hope Inc is located in Andover, MA. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knowing 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 06/2022, Knowing Hope Inc generated $168.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $127.1k during the year ending 06/2022. While expenses have increased by 8.0% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FAMILY SUPPORT FOR CHILDREN WITH CHRONIC OR CATASTROPHIC ILLNESS SUCH AS TRANSFUSION DEPENDENT THALASSEMIA, LEUKEMIA, OTHER CANCER DIAGNOSES ENABLING ACCESS TO LIFE SAVING MEDICAL TREATMENT AND FAMILY PRESERVATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Morrisonn Executive Director | 40 | $44,000 | |
Ellen Lowe Secretary | 1 | $0 | |
Hannah Lee Officer | 1 | $0 | |
Cindy Fang Treasurer | 1 | $0 | |
Jenny Li Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $167,955 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,961 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $302 |
| Other expenses | $10,595 |
| Total expenses | $127,082 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $251,658 |
| Other assets | $0 |
| Total assets | $251,658 |
| Total liabilities | $0 |
| Net assets or fund balances | $251,658 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Knowing Hope Inc has recieved totaling $94.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $94 |
Peer Organizations
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|---|---|---|
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Nuday Windham, NH | $493,517 | $32,697,224 |
Abrahams Blessing Albany, NY | $1,941,159 | $28,861,670 |
Planet Aid Inc Milford, MA | $17,464,781 | $29,818,126 |
Hope Of Life International Cranston, RI | $4,219,588 | $25,673,993 |
Wateraid America Inc New York, NY | $16,422,746 | $24,856,015 |
Tov Vchesed Foundation Inc Monsey, NY | $610,324 | $14,594,457 |
Kolel Shomre Hachomos Of Jerusalem Inc Brooklyn, NY | $8,417,391 | $12,158,295 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |
Grassroots International Inc Boston, MA | $13,759,969 | $12,517,391 |
Afsnc Inc New York, NY | $3,029,853 | $9,756,195 |
Alima Usa Inc New York, NY | $6,341,096 | $6,115,397 |