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 12/2021, New Hope Ii Of Florence Inc generated $84.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $78.2k during the year ending 12/2021. While expenses have increased by 4.6% 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
OPERATED 8 LOW-INCOME HOUSING UNITS FOR THE CHRONICALLY ILL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kendall Hiller Vice President | 1 | $0 | |
Dr Joseph E Heyward 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 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $69,499 |
Total Program Service Revenue | $15,005 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $84,504 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $7,089 |
Professional fees and other payments to independent contractors | $17,593 |
Occupancy, rent, utilities, and maintenance | $32,302 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $21,190 |
Total expenses | $78,174 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $94,303 |
Other assets | $0 |
Total assets | $384,759 |
Total liabilities | $492,233 |
Net assets or fund balances | -$107,474 |
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