The Hope Foundation Of The Mahoning Valley Inc
- Assets
- $116.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Youngstown, OH
- Founding
- 10/2009
- Data as of
- 06/2023
- EIN
- 64-0952223
Organization Overview
The Hope Foundation Of The Mahoning Valley Inc is located in Youngstown, OH. The organization was established in 2009. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Foundation Of The Mahoning Valley 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 06/2023, Hope Foundation Of The Mahoning Valley Inc generated $62.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $14.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 8 years. 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
THE HOPE FOUNDATION OF THE MAHONING VALLEY IS DEDICATED TO THE EDUCATION, RESEARCH, AND CHARITABLE CENTERS ACROSS THE MAHONING VALLEY PROVIDING GRATNS AND OTHER SERVICES TO TERMINALLY ILL CHILDREN, AND AIM TO SUPPORT LOCAL CHARITIES WHO SHARE IN OUR COMMON GOAL. IN THE PAST YEAR WE WERE ABLE TO FINANCIALLY SUPPORT FOUR CHILDREN IN THE MAHONING VALLEY THAT ARE TERMINALLY ILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Spano Executive Di | 25 | $0 | |
Amy Kaufman Chair | 1 | $0 | |
George Gabriel Co-Chair | 1 | $0 | |
Jennifer Ostapiak Secretary | 1 | $0 | |
Justin Yost Treasurer | 1 | $0 | |
Anita Baal Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,957 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,360 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$18,058 |
| Other Revenue | $0 |
| Total Revenue | $62,259 |
| 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 | $179 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $397 |
| Other expenses | $14,215 |
| Total expenses | $14,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,276 |
| Other assets | $0 |
| Total assets | $116,276 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,276 |