New Hope Ii Of Florence Inc
- Assets
- $368.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, SC
- Founding
- 06/1997
- Data as of
- 12/2023
- EIN
- 58-2279812
Organization Overview
New Hope Ii Of Florence Inc is located in Florence, SC. The organization was established in 1997. According to its NTEE Classification (P73) the organization is classified as: Group Homes, 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. New Hope Ii Of Florence 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 12/2023, New Hope Ii Of Florence Inc generated $115.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $102.2k during the year ending 12/2023. While expenses have increased by 6.7% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATED 8 LOW-INCOME HOUSING UNITS FOR THE CHRONICALLY ILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Joseph E Heyward President | 1 | $0 | |
Kendall Hiller Vice President | 1 | $0 | |
Paul T Williamson Treasurer | 1 | $0 | |
Robert S Floyd Secretary | 1 | $0 | |
Josephine Jupiter Director | 1 | $0 | |
Howard C Parnell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,551 |
| Total Program Service Revenue | $19,001 |
| Membership dues | $0 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,594 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,815 |
| Professional fees and other payments to independent contractors | $3,119 |
| Occupancy, rent, utilities, and maintenance | $32,624 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,619 |
| Total expenses | $102,177 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,454 |
| Other assets | $0 |
| Total assets | $368,882 |
| Total liabilities | $473,517 |
| Net assets or fund balances | -$104,635 |