The Faces Of Hope Of Virginia Inc
- Assets
- $34.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 56-2616080
Organization Overview
The Faces Of Hope Of Virginia Inc is located in Richmond, VA. The organization was established in 2007. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faces Of Hope Of Virginia 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, Faces Of Hope Of Virginia Inc generated $20.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (37.0%) each year. All expenses for the organization totaled $71.6k during the year ending 12/2021. 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
THE FACES OF HOPE OF VIRGINIA,(FOH) INC, SUPPORTED PROGRAM SERVICES FOR 137 CHILDREN & THEIR FAMILIES. FOH ALSO DISTRIBUTED 28,000 POUNDS OF FOOD TO FAMILIES WHO PARTICIPATE IN THE PROGRAM. WE ADDED AN ADDITIONAL DAY, MAKING IT 5 DAYS A WEEK FOR THE DISTRIBUTION OF FOOD. FOH CONTINUES TO SPONSOR CHILDREN (4) WHO ARE REFERRED TO AS UNINSURED OR UNDER-INSURED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Webb CPA Interim Treasurer | 5 | $0 | |
Terry Smith Co Chair | 5 | $0 | |
Myra Arucha Secretary | 5 | $0 | |
Jeannette Cordor Executive Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $115 |
| Total Revenue | $20,431 |
| 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 | $7,460 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $64,060 |
| Total expenses | $71,567 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,563 |
| Other assets | $0 |
| Total assets | $34,924 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,924 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Faces Of Hope Of Virginia Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Inc Richmond, VA PURPOSE: TELEHEALTH EXPENSES | $25,000 |
Richmond Memorial Health Foundation Richmond, VA PURPOSE: PROGRAM SUPPORT: GENERAL OPERATING SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Laborers Health Fund Goodlettsville, TN | $21,527,387 | $8,809,889 |
District Of Columbia Primary Care Association Washington, DC | $3,588,811 | $8,549,433 |
National Organization Of Life And Health Insurance Guaranty Assocs Herndon, VA | $20,054,477 | $6,345,188 |
Leap Frog Group Washington, DC | $7,897,278 | $6,979,738 |
West Tennessee Healthcare Foundation Jackson, TN | $50,344,324 | $8,274,920 |
Pqa Inc Alexandria, VA | $9,185,809 | $6,455,435 |
National Medical Fellowships Inc alexandria, VA | $7,616,684 | $5,946,697 |
National Automobile Dealers Association Health Benefit Plan Tysons, VA | $274,352 | $3,896,581 |
Life And Health Insurance Foundation For Education Arlington, VA | $4,929,760 | $3,872,608 |
Carolina-Virginia Ufcw & Employers Health Benefit Fund Norfolk, VA | $753,587 | $3,174,906 |
Connectvirginia Hie Inc Richmond, VA | $1 | $1,030,812 |
School-Based Health Alliance Washington, DC | $2,900,501 | $3,363,491 |