Char Hope Foundation Inc

Organization Overview

Char Hope Foundation Inc is located in Street, MD. The organization was established in 2016. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Char Hope Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Char Hope Foundation 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 06/2023, Char Hope Foundation Inc generated $308.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $311.1k during the year ending 06/2023. While expenses have increased by 16.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION SERVES AS A PLATFORM FOR SCHOLARSHIPS, TREATMENT, PARTNERSHIPS AND FUTURE COMMUNITY ENDEAVORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION SERVES AS A PLATFORM FOR SCHOLARSHIPS, TREATMENT, PARTNERSHIPS AND FUTURE COMMUNITY ENDEAVORS. CHAR HOPE HELPS ADULTS MOVE FORWARD TOWARD A FULL RECOVERY, A HEALTHIER LIFESTYLE, AND A LIFE FREE FROM ADDICTION. OUR COMMUNITY HAS SEEN A STARTLING RISE IN THE USE OF HERION. THE LOCAL GOVERNMENT AND SURROUNDING COMMUNITY ARE STRUGGLING TO PROVIDE THE SUPPORT NECESSARY TO MOVE PEOPLE TOWARD THE PATH OF RECOVERY. WE ARE COMMITTED TO PROVIDING A UNIQUE SERVICE THAT WILL HELP PEOPLE STAY SOBER, FIND PURPOSE, HEAL RELATIONSHIPS, AND ULTIMATELY SAVE LIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Derek Hopkins
Executive Director
$0
Taylor Gomez
Treasurer
$0
Bob Mumby
Board Member
$0
Carol Frontera
President
$0
Sandi Gallion
Secretary
$0
Tony Steelman
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $55,000
All other contributions, gifts, grants, and similar amounts not included above$84,455
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$139,455
Total Program Service Revenue$45,040
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $123,705
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $308,200

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