Hopeworks Inc
- Assets
- $51.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 15
- Location
- Moline, IL
- Founding
- 04/2019
- Data as of
- 06/2022
- EIN
- 81-1540378
Organization Overview
Hopeworks Inc is located in Moline, IL. The organization was established in 2019. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Hopeworks Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopeworks 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 06/2022, Hopeworks Inc generated $32.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.0%) each year. All expenses for the organization totaled $2.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (59.5%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
EXPLORING AND EXPANDING SERVICES AND OUTREACH TO INCLUDE HOUSING AND LEGAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremiah Gomez President/chair | 0.5 | $0 | |
David Dryer Treasurer/secretary | 0.5 | $0 | |
Betsey Morthland Member | 0.1 | $0 | |
Sadie Kaminski Member | 0.1 | $0 | |
Beth Cossin Member | 0.1 | $0 | |
Tannishia Garcia Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $2,500 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $29,470 |
| Total Revenue | $31,970 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $752 |
| Professional fees and other payments to independent contractors | $1,837 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $2,589 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,225 |
| Other assets | $0 |
| Total assets | $51,225 |
| Total liabilities | $6,592 |
| Net assets or fund balances | $44,633 |