Hope Ascending Inc is located in Rockport, MA. The organization was established in 2016. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Ascending 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 12/2021, Hope Ascending Inc generated $57.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $71.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
FOCUS ON TRANSFOMATION OF POOR COMMUNITIES BY ESTABLISHING EDUCATION NETWORKS AND INCREASE THE ECONOMIC STANDING OF MARGINALIZED POPULATIONS THROUGH JOB TRANING AND DEVELOPMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carl Oulton President | 3 | $0 | |
Julie Oulton Treasurer | 3 | $0 | |
German Disla Director | 1 | $0 | |
Michael Mitchell Director | 1 | $0 | |
Christine Travers Clerk | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $57,672 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $17 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,689 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,126 |
Total expenses | $70,954 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,644 |
Other assets | $0 |
Total assets | $3,644 |
Total liabilities | $0 |
Net assets or fund balances | $3,644 |