Hatching Hope
- Assets
- $0.0
- Revenue
- $245.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Alabaster, AL
- Founding
- 03/2016
- Data as of
- 12/2020
- EIN
- 81-1349875
Organization Overview
Hatching Hope is located in Alabaster, AL. The organization was established in 2016. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2020, Hatching Hope employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hatching Hope 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 12/2020, Hatching Hope generated $245.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $225.8k during the year ending 12/2020. While expenses have increased by 22.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT AND SUPPLIES TO PEOPLE THAT HAVE BEEN DISPLACED DUE TO DISASTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALES ON DONATED ITEMS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keli Lynch Wright Director | 0 | $0 | |
Ashton Wright Director | 0 | $0 | |
Matt Smith Director | 0 | $0 | |
Donna Faison Rock Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,457 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,457 |
| Total Program Service Revenue | $211,862 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $245,319 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,600 |
| Compensation of current officers, directors, key employees. | $9,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,195 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,652 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,068 |
| Office expenses | $21,677 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,583 |
| Insurance | $3,206 |
| All other expenses | $91,452 |
| Total functional expenses | $225,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hatching Hope has recieved totaling $1,928,616.
| Awarding Organization | Amount |
|---|---|
Matthew 25 Ministries Inc Cincinnati, OH PURPOSE: Humanitarian Aid | $1,679,448 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $243,158 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $6,010 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Retiree Resource Corp Knoxville, TN | $5,110,025 | $45,964,940 |
Global Empowerment Mission Inc Doral, FL | $12,885,666 | $34,667,430 |
Association Of Public-Safety Communications Officials-Internati Daytona Beach, FL | $12,656,968 | $13,455,177 |
National Emergency Assistance Inc Knoxville, TN | $2,395,715 | $11,417,198 |
Nature Coast Emergency Medical Foundation Inc Tampa, FL | $3,918,944 | $10,554,080 |
Central Florida Disaster Medical Coalition Inc Orlando, FL | $748,028 | $5,110,255 |
Renaissance Community Loan Fund Inc Gulfport, MS | $50,426,367 | $5,045,088 |
Hearts & Hands Disaster Recovery Clermont, FL | $99,815 | $2,118,556 |
People For Care & Learning Mobile, AL | $1,421,094 | $1,215,551 |
Puerto Rico Rises Corp Deltona, FL | $64,197 | $1,653,775 |
Darden Dimes Inc Orlando, FL | $4,294,723 | $2,955,933 |
C Spire Wireless Foundation Ridgeland, MS | $417,223 | $2,500 |