Collective Hope
- Assets
- $67.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glendale, AZ
- Founding
- 09/2017
- Data as of
- 12/2022
- EIN
- 81-5399678
Organization Overview
Collective Hope is located in Glendale, AZ. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collective 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 12/2022, Collective Hope generated $151.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $160.2k during the year ending 12/2022. While expenses have increased by 20.2% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR ACCOMPLISHMENTS FOR 2022 INCLUDE:- STARTED AN AIM PROGRAM DESIGNED TO SERVE STUDENTS WHO ARE TRANSITIONING OUT OF OUR CHILD SPONSORSHIP PROGRAM INTO THE NEXT SEASON OF LIFE THROUGH EDUCATIONAL AND TECHNICAL TRAINING SUPPORT.- CONDUCTED A MEDICAL CLINIC AND CAMP FOR 200 CHILDREN IN 2 LOCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Salyer President, Dir | 10 | $0 | |
Manual Leal Director | 1 | $0 | |
Ketha Atlihan Director | 1 | $0 | |
Stacy Humbert Secretary, Dir | 2 | $0 | |
Michael Phillips Treasurer, Dir | 1 | $0 | |
Cory Bramlett Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,148 |
| Total Program Service Revenue | $45,646 |
| Membership dues | $0 |
| Investment income | $616 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,327 |
| Other Revenue | $1,582 |
| Total Revenue | $151,319 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,650 |
| Professional fees and other payments to independent contractors | $950 |
| Occupancy, rent, utilities, and maintenance | $25,701 |
| Printing, publications, postage, and shipping | $676 |
| Other expenses | $131,174 |
| Total expenses | $160,151 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,145 |
| Other assets | $0 |
| Total assets | $67,145 |
| Total liabilities | $245 |
| Net assets or fund balances | $66,900 |
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