Hopes Gate
- Assets
- $27.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wylie, TX
- Founding
- 10/2012
- Data as of
- 12/2022
- 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 12/2022, Hopes Gate generated $93.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $97.7k during the year ending 12/2022. While expenses have increased by 21.2% per year over the past 4 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 |
|---|---|---|---|
Patty Bauman President | 40 | $0 | |
Andrew Ehrman Vice President | 0 | $0 | |
Bill Hinshaw Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,949 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $39,463 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,223 |
| Total Revenue | $93,635 |
| 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 | $305 |
| Occupancy, rent, utilities, and maintenance | $23,472 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,964 |
| Total expenses | $97,741 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,113 |
| Other assets | $0 |
| Total assets | $27,113 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,113 |