Reel Hope Project
- Assets
- $636.1k
- Revenue
- $735.1k
- Investments
- $0.0
- Employees
- 8
- Location
- Minneapolis, MN
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 81-4909376
Organization Overview
Reel Hope Project is located in Minneapolis, MN. The organization was established in 2017. According to its NTEE Classification (O01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Youth Development and related organizations. As of 12/2021, Reel Hope Project employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reel Hope Project 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, Reel Hope Project generated $735.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 60.4% each year . All expenses for the organization totaled $358.4k during the year ending 12/2021. While expenses have increased by 60.5% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A FOREVER FAMILY FOR EVERY CHILD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CREATES VIDEOS THAT HIGHLIGHT A CHILD'S STORY AND HELPS TO SOLIDFY THE REALITY THAT FOSTER YOUTH ENTER THE CHILD WELFARE SYSTEM THROUGH NO FAULT OF THEIR OWN. THE ORGANIZATION WORKS WITH THE MINNESOTA STATE DEPARTMENT OF HUMAN SERVICES, THE MINNESOTA STATE ADOPTION EXCHANGE, COUNTIES, AND PRIVATE ADOPTION AGENCIES TO FIND FOREVER FAMILIES FOR CHILDREN WAITING IN FOSTER CARE AND WHO WOULD BENEFIT FROM A HIGHLIGHT VIDEO. THE ORGANIZATION FILMED 56 KID REELS/VIDEOS DURING 2021, WHICH WERE VIEWED ON SOCIAL MEDIA BY APPROXIMATELY 26,000 PEOPLE. THE ORGANIZATION SHARED REELS AT 100 EVENTS THROUGHOUT 2021. THE ORGANIZATION RECEIVED 241 FAMILY INQUIRES AND 22 CHILDREN AND TEENAGERS WERE MATCHED WITH FAMILIES OR ADOPTED DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kaycee Stanley Executive Director | Officer | 40 | $65,000 |
Kurty Darling Chair Thru 11/2021 | OfficerTrustee | 1 | $0 |
John Walt Vice Chair/ Chair Beginning 11/20/21 | OfficerTrustee | 1 | $0 |
Aaron Soule Treasurer Beginning 5/2021 | OfficerTrustee | 1 | $0 |
Cheryl Hyink Treasurer Thru 5/2021 | OfficerTrustee | 1 | $0 |
Da'lacie Mcgrew Secretary Thru 5/2021 | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $109,886 |
| Related organizations | $0 |
| Government grants | $18,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $618,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $746,288 |
| Total Program Service Revenue | $0 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$13,003 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,443 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $735,050 |
| 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. | $74,500 |
| Compensation of current officers, directors, key employees. | $3,725 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $175,205 |
| Pension plan accruals and contributions | $2,130 |
| Other employee benefits | $10,363 |
| Payroll taxes | $19,200 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,947 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,649 |
| Advertising and promotion | $11,200 |
| Office expenses | $3,561 |
| Information technology | $3,256 |
| Royalties | $0 |
| Occupancy | $7,000 |
| Travel | $12,323 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,281 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,000 |
| Insurance | $10,046 |
| All other expenses | $337 |
| Total functional expenses | $358,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,311 |
| Savings and temporary cash investments | $350,818 |
| 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 | $6,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $636,129 |
| 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 | $636,129 |
| 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 | $636,129 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Reel Hope Project has recieved totaling $33,987.
| Awarding Organization | Amount |
|---|---|
Sauer Family Foundation St Paul, MN PURPOSE: BUILDING STRONG FAMILY RELATIONSHIPS | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,960 |
James B Linsmayer Foundation Tr Las Vegas, NV PURPOSE: GENERAL OPERATING | $5,000 |
C H Robinson Worldwide Foundation Sioux Falls, SD PURPOSE: GENERAL OPERATING FUND | $1,027 |
Impact Foundation Cambridge, MN PURPOSE: GENERAL DONATION | $1,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reel Hope Project Minneapolis, MN | $636,129 | $735,050 |
The Glo House Inc Trevor, WI | $34,075 | $0 |
Robbinsdale Cooper High School Football Booster Association Minneapolis, MN | $23,671 | $0 |
Native Youth Leadership Alliance Pine Ridge, SD | $258,620 | $133,545 |
Jumpstart Coalition For Personal Financial Literacy Des Moines, IA | $17,662 | $0 |