Carrying Hope
- Assets
- $180.6k
- Revenue
- $305.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Austin, TX
- Founding
- 07/2016
- Data as of
- 12/2023
- EIN
- 81-2799960
Organization Overview
Carrying Hope is located in Austin, TX. The organization was established in 2016. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 12/2023, Carrying Hope employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carrying 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 12/2023, Carrying Hope generated $305.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $334.5k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GIVING A HOPE PACK FILLED WITH COMFORT ITEMS AND NECESSITIES TO EVERY CHILD ENTERING THE FOSTER CARE SYSTEM IN TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE PACKS: BACKPACKS BRIMMING WITH COMFORT ITEMS & ESSENTIALS DESIGNED TO MEET THE NEEDS OF NEWBORNS THROUGH TEENS DURING THE FIRST 24-48 HOURS IN FOSTER CARE-OFFER COMFORT & PEACE DURING A MOMENT OF CRISIS. SINCE 2016, WE HAVE DISTRIBUTED MORE THAN 22,000 HOPE PACKS TO CPS & FOSTER CARE AGENCIES ACROSS TEXAS.
HOPES HOME: DID YOU KNOW THAT MORE THAN HALF OF YOUTHS WHO AGE OUT OF THE FOSTER CARE SYSTEM BECOME HOMELESS WITHIN TWO YEARS? HOPES HOME, OUR TRANSITIONAL HOUSING PROJECT FOR YOUTHS WHO ARE AGING OUT OF THE FOSTER CARE SYSTEM, COMBATS THIS DEVASTATING SCENARIO BY PROVIDING YOUNG PEOPLE AGES 18-21 WITH HOUSING, SUPPORT, & WRAP-AROUND CASE MANAGEMENT SERVICES, ALLOWING THEM NOT ONLY TO HAVE A PLACE TO SLEEP BUT ALSO GAIN ACCESS TO JOBS, SCHOOL, MEDICAL CARE, & MORE.
HAIR + HOPE:OUR HAIR + HOPE PROGRAM PARTNERS & FULLY COMPENSATES LOCAL STYLISTS WHO ARE EXPERTS IN TEXTURED HAIR WITH AFRICAN AMERICAN & BIRACIAL YOUTH IN THE FOSTER CARE SYSTEM IN DESPERATE NEED OF HAIR CARE SERVICES. SINCE ITS INITIATION, THE HAIR + HOPE PROGRAM HAS BENEFITTED MORE THAN 100 YOUTH IN FOSTER CARE.
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 |
|---|---|---|---|
Joy King President | OfficerTrustee | 1 | $0 |
Maria Fechter Vice President | OfficerTrustee | 1 | $0 |
Maximiliano Mauriz Secretary | OfficerTrustee | 1 | $0 |
Sarah Loyd Treasurer | OfficerTrustee | 2 | $0 |
Stasha Durairaj Director | Trustee | 1 | $0 |
Susanne Kerns Director | Trustee | 1 | $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 | $286,750 |
| Noncash contributions included in lines 1a–1f | $28,437 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $286,750 |
| Total Program Service Revenue | $0 |
| 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 | $18,864 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $305,614 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,326 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $861 |
| Payroll taxes | $9,358 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $900 |
| Fees for services: Accounting | $6,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $845 |
| Advertising and promotion | $16,746 |
| Office expenses | $3,709 |
| Information technology | $4,721 |
| Royalties | $0 |
| Occupancy | $65,175 |
| Travel | $2,819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $325 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,841 |
| Insurance | $10,489 |
| All other expenses | $0 |
| Total functional expenses | $334,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,525 |
| 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 | $22,038 |
| Net Land, buildings, and equipment | $1,978 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,343 |
| Other assets | $6,710 |
| Total assets | $180,594 |
| Accounts payable and accrued expenses | $26,442 |
| 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 | $26,442 |
| Net assets without donor restrictions | $154,152 |
| 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 | $180,594 |