Hopeward Inc
- Assets
- $74.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wasilla, AK
- Founding
- 10/2017
- Data as of
- 12/2020
- EIN
- 81-4620140
Organization Overview
Hopeward Inc is located in Wasilla, AK. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopeward 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 12/2020, Hopeward Inc generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (42.1%) each year. All expenses for the organization totaled $72.4k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
WE SUPPORT OTHER 501C3 ORGANIZATIONS LIKE MY HOUSE, TEEN CHALLENGE, YWAM, HELMENTS ON HEADS ETC. IN ORDER TO SUPPORT SAFE HOUSING FOR HOMELESS YOUTH, LEARNED TRADES, AND SAFETY FOR YOUNG PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristan Cole President | 10 | $0 | |
Teagen Tanner Secretary / Treasurer | 4 | $0 | |
Alice Roe Director | 20 | $0 | |
Alison Bradley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,180 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,806 |
| Other Revenue | $0 |
| Total Revenue | $21,986 |
| 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 | $1,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,000 |
| Total expenses | $72,448 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,109 |
| Other assets | $0 |
| Total assets | $74,859 |
| Total liabilities | $34,100 |
| Net assets or fund balances | $40,759 |
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