Hopes Gate
- Assets
- $31.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wylie, TX
- Founding
- 10/2012
- Data as of
- 12/2021
- EIN
- 80-0703243
Organization Overview
Hopes Gate is located in Wylie, TX. The organization was established in 2012. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopes Gate 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, Hopes Gate generated $90.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $81.3k during the year ending 12/2021. While expenses have increased by 21.6% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Hinshaw Secretary/treasurer | 0 | $0 | |
Andrew Ehrman Vice President | 0 | $0 | |
Patty Bauman President | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,862 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $869 |
| Total Revenue | $90,832 |
| 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 | $793 |
| Occupancy, rent, utilities, and maintenance | $23,374 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,122 |
| Total expenses | $81,289 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,219 |
| Other assets | $0 |
| Total assets | $31,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,219 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hopes Gate has recieved totaling $6,458.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $6,445 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thinkwell Institute Leander, TX | $7,820,043 | $8,446,076 |
Reach Now International Inc Tulsa, OK | $23,892 | $8,518,045 |
Medical Benevolence Foundation Houston, TX | $13,521,157 | $7,702,222 |
Conflict And Development Research Fund Castroville, TX | $3,738,303 | $60,944 |
Faith In Practice Houston, TX | $14,021,764 | $10,305,990 |
Millennium Relief And Development Services Inc Bellaire, TX | $1,985,456 | $5,779,466 |
Blessings International Broken Arrow, OK | $7,020,981 | $3,899,748 |
Attack Poverty Stafford, TX | $5,706,227 | $4,502,108 |
International Educational Programs Inc San Antonio, TX | $1,237,963 | $4,073,933 |
Christian Health Service Corps Grand Saline, TX | $4,182,710 | $4,323,020 |
Amigos De Las Americas Houston, TX | $2,233,633 | $3,588,100 |
National Eating Disorders Association Plano, TX | $2,775,483 | $3,163,939 |