Hopesudbury Inc
- Assets
- $154.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sudbury, MA
- Founding
- 12/2002
- Data as of
- 12/2021
- EIN
- 55-0796459
Organization Overview
Hopesudbury Inc is located in Sudbury, MA. The organization was established in 2002. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopesudbury 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, Hopesudbury Inc generated $111.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $89.2k during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED FUNDS, BASKETS, ETC TO FAMILIES, SHELTERS AND OTHER NON-PROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tanya Broadbent Asst. Treasurer | 6 | $0 | |
Samantha Bower President | 8 | $0 | |
Beth Farrell Vice President | 6 | $0 | |
Melissa Perla Clerk | 5 | $0 | |
Renata Pomponi Director | 5 | $0 | |
Carole Ann Baer Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,085 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $152 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,949 |
| Other Revenue | $0 |
| Total Revenue | $111,186 |
| 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 | $9,072 |
| Total expenses | $89,227 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,279 |
| Other assets | $0 |
| Total assets | $154,279 |
| Total liabilities | $0 |
| Net assets or fund balances | $154,279 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hopesudbury Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Sudbury Foundation Sudbury, MA PURPOSE: SUDBURY | $5,000 |
Gemayel Family Foundation Sudbury, MA PURPOSE: FOOD/SUPPLY DRIVE | $3,000 |
Morris & Lillian P Gould Family Foundation Sudbury, MA PURPOSE: CHARITY'S ACTIVITIES | $2,000 |
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