Light Of Hope Services Inc
- Assets
- $1.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yonkers, NY
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 47-5313255
Organization Overview
Light Of Hope Services Inc is located in Yonkers, NY. The organization was established in 2015. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light Of Hope Services 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 12/2021, Light Of Hope Services Inc generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $1.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
IN 2021 THE MANAGEMENT OF LIGHT OF HOPE, ACQUIRED ALL SUPPLIES AND TOOLS TO CARRY OUT ITS MISSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oscar Gell Chairman | 5 | $0 | |
Alberto Vegas Vice-President | 5 | $0 | |
Gumersindo Martinez Secretary | 5 | $0 | |
Guillermo Azate Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,050 |
| 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 | $1,050 |
| 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 | $1,660 |
| Total expenses | $1,660 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,798 |
| Other assets | $0 |
| Total assets | $1,798 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,798 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mutual Housing Association Of South Central Connecticut Inc New Haven, CT | $47,838,595 | $8,401,880 |
Lcg Community Services Inc Brooklyn, NY | $2,005,849 | $5,179,376 |
Academic Properties Inc Philadelphia, PA | $27,629,572 | $7,526,969 |
St Marys Residence Of New York Inc New York, NY | $8,322,772 | $2,048,559 |
Kids In Crisis Inc Cos Cob, CT | $14,979,065 | $5,843,173 |
Isaiah House East Orange, NJ | $3,428,104 | $4,239,780 |
Mission E4 Inc Hubbardston, MA | $4,251,068 | $4,162,728 |
Homes With Hope Inc Westport, CT | $5,182,500 | $3,447,647 |
Felicity House Inc New York, NY | $4,733,154 | $4,501,074 |
456 West 129 Street Housing Corp New York, NY | $222,723 | $2,156,739 |
Mohawk Valley Community College Dormitory Corp Utica, NY | $11,430,493 | $1,921,749 |
Providence Ministries For The Needy Inc Holyoke, MA | $996,921 | $1,849,889 |