Hopecam Inc
- Assets
- $660.7k
- Revenue
- $563.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Reston, VA
- Founding
- 10/2004
- Data as of
- 06/2022
- EIN
- 56-2416801
Organization Overview
Hopecam Inc is located in Reston, VA. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Hopecam Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopecam 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, Hopecam Inc generated $563.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $833.3k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OVERCOME THE SOCIAL ISOLATION AND LONLINESS OF CHILDREN DIAGNOSED WITH CANCER AND OTHER LIFE-THREATENING DISEASES BY CONNECTING THEM WITH THEIR FRIENDS AT SCHOOL THROUGH THE USE OF THE INTERNET, COMPUTERS, AND WEBCAMERAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPECAM PROVIDED CHILDREN DIAGNOSED WITH CANCER AND OTHER LIFE-THREATENING DISEASES WITH TABLET COMPUTERS, THEN WORKED WITH THEIR SCHOOLS AND TEACHERS TO CONNECT THE CHILDREN USING SKYPE HELPING BRIDGE THE LONELY GAP BETWEEN HOMEBOUND CHILDREN AND THEIR CLASSMATES. 15,780 CHILDREN WILL BE DIAGNOSED WITH CANCER THIS YEAR. NEARLY EVERY ONE OF THESE CHILDREN WILL HAVE TO BE ISOLATED FROM THEIR FRIENDS AND UNABLE TO ATTEND SCHOOL AS A RESULT OF THEIR TREATMENT. TODAY, THANKS TO TECHNOLOGY, THIS ISOLATION CAN BE OVERCOME BY GIVING THE CHILD A TABLET COMPUTER AND PERSUADING SCHOOLS TO ESTABLISH A CONNECTION WITH THE HOSPITALIZED AND HOMEBOUND CHILD. HOPECAM IS THE ONLY CHARITY IN THE UNITED STATES PROVIDING THESE SERVICES TO CHILDREN WITH CANCER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Forkas Chairman | OfficerTrustee | 20 | $0 |
Ozzie Reyes-Chica Secretary | OfficerTrustee | 2 | $0 |
Cameron Hamilton Treasurer | OfficerTrustee | 2 | $0 |
Arlene Brown Board Member | Trustee | 2 | $0 |
Col Kathy Brown Board Member | Trustee | 2 | $0 |
Jeannie Buhr Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $550,429 |
| Investment income | $1,202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,459 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $563,576 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $215,534 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $111,233 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $204,244 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,073 |
| Payroll taxes | $22,625 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,077 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,537 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,999 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,670 |
| All other expenses | $0 |
| Total functional expenses | $833,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $562,702 |
| Pledges and grants receivable | $53,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,526 |
| Prepaid expenses and deferred charges | $1,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $660,728 |
| Accounts payable and accrued expenses | $31,974 |
| 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 | $3,627 |
| Total liabilities | $35,601 |
| Net assets without donor restrictions | $468,572 |
| Net assets with donor restrictions | $156,555 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $625,127 |