2x4s For Hope
- Assets
- $73.3k
- Revenue
- $363.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Quincy, IL
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-3916307
Organization Overview
2x4s For Hope is located in Quincy, IL. The organization was established in 2015. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 2x4s For 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 12/2021, 2x4s For Hope generated $363.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 38.7% each year . All expenses for the organization totaled $329.2k during the year ending 12/2021. While expenses have increased by 41.8% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING HOPE AND A FUTURE ONE BOARD AT A TIME>
Describe the Organization's Program Activity:
Part 3 - Line 4a
VETERANS PROJECTS. HAITI PROJECTS.
BUILDING HOMES FOR HOMELESS VETERANS, HOMES IN HAITI, WATER PURIFICATION AND WASTE MANAGEMENT IN HAITI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terra Murphy Secretary | Officer | $0 | |
Kevin Peters VP | Officer | $0 | |
Kevin Murphy President | Officer | $0 | |
Renae Peters Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $359,432 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,432 |
| Total Program Service Revenue | $3,820 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $363,273 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,080 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,804 |
| Advertising and promotion | $1,951 |
| Office expenses | $4,325 |
| Information technology | $1,065 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,592 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $112 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,602 |
| Insurance | $8,204 |
| All other expenses | $41,581 |
| Total functional expenses | $329,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,664 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $8,685 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,973 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $73,322 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $73,322 |
| Total liabilities and net assets/fund balances | $73,322 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that 2x4s For Hope has recieved totaling $32,051.
| Awarding Organization | Amount |
|---|---|
Quincy Medical Group Healthcare Foundation Quincy, IL PURPOSE: TINY HOME DONATION | $15,000 |
Russell R Dohner Foundation Rushville, IL PURPOSE: RUSHVILLE TINY HOMES FOR VETS | $10,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,015 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwest Iowa Rec Corning, IA | $40,599,568 | $12,865,419 |
Underground Safety Alliance Inc Greenwood, IN | $4,222,370 | $11,681,610 |
Secure Community Network Inc Chicago, IL | $1,546,824 | $9,194,850 |
Midwest Mission Distribution Center Pawnee, IL | $7,426,456 | $6,925,095 |
World Bicycle Relief Nfp Chicago, IL | $9,936,422 | $9,592,329 |
Islamic Medical Association Of North America Inc Lombard, IL | $7,802,322 | $4,638,395 |
Goserv Global Inc Eagle Grove, IA | $1,816,509 | $3,526,160 |
National Association Of State Boating Law Administrators Inc Lexington, KY | $4,015,780 | $2,693,544 |
National Emergency Management Association Lexington, KY | $2,342,036 | $2,882,198 |
Helping His Hands Disaster Response Inc Vincennes, IN | $1,656,492 | $1,895,533 |
Illinois Valley Regional Dispatch Peru, IL | $1,594,774 | $1,164,593 |
Realtors Relief Foundation Chicago, IL | $10,324,102 | $8,505,056 |