Hope For More Foundation Inc
- Assets
- $104.3k
- Revenue
- $292.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Maitland, FL
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 82-3599112
Organization Overview
Hope For More Foundation Inc is located in Maitland, FL. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 For More Foundation 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 12/2022, Hope For More Foundation Inc generated $292.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 39.0% each year . All expenses for the organization totaled $348.2k during the year ending 12/2022. While expenses have increased by 48.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO IDENTIFY AND FUND OUTSTANDING NONPROFITS IN OUR COMMUNITY TO FURTHER THEIR EFFORTS IN OUTREACH, ADVOCACY AND FUNDRAISING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOPE FOR MORE FOUNDATION HAS ACCOMPLISHED ITS FUNDRAISING GOALS BY UTILIZING ITS RESOURCES AND VOICE IN OUR LOCAL COMMUNITY VIA OUR SIGNATURE EVENTS, THE ANTI-GALA, FASHION AND HOPE FASHION SHOW, ANTI-GOLF TOURNAMENT, AND THE ANTI-HUNGER HOLIDAY FOOD DRIVE. ADDITIONAL GROWTH HAS BEEN ACCOMPLISHED WITH THE ADDITION OF BOARD MEMBERS AND FUNDRAISING EVENTS INCLUDING A POKER TOURNAMENT, DADDY/DAUGHTER DANCE, AND VARIOUS OTHER SMALL COMMUNITY EVENTS. ALL FUNDS RAISED ARE DISTRIBUTED VIA GRANTS TO LOCAL CENTRAL FLORIDA NONPROFIT ORGANIZATIONS IN NEED OF FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Kendrick President | OfficerTrustee | 1 | $0 |
Jr Tanghal Vice Preside | OfficerTrustee | 1 | $0 |
Annamarie Montisano Secretary | OfficerTrustee | 1 | $0 |
Nikki Basso Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Manny Acosta Board Member | 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 | $292,255 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $292,255 |
| Total Program Service Revenue | $0 |
| Investment income | $49 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $292,304 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $201,438 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,000 |
| Office expenses | $7,690 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $348,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,471 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,500 |
| 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 | $6,328 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $104,299 |
| Accounts payable and accrued expenses | $2,600 |
| 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 | $77,980 |
| Total liabilities | $80,580 |
| Net assets without donor restrictions | $23,719 |
| 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 | $104,299 |
Grants Awarded
Over the last fiscal year, Hope For More Foundation Inc has awarded $190,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Jacksonville, FL | | $95,000 |
Maitland, FL | | $50,000 |
Altamonte Springs, FL | | $25,000 |
Winter Park, FL | | $10,000 |
Sanford, FL | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hope For More Foundation Inc has recieved totaling $18,535.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $10,000 |
National Christian Charitable Foundation Inc Fort Mill, SC PURPOSE: FAMILY ADVOCATE | $8,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Camelot Community Care Inc Clearwater, FL | $22,153,468 | $83,026,188 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Community Partnership For Children Inc Daytona Beach, FL | $7,398,466 | $42,384,599 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Mid Florida Community Services Inc Brooksville, FL | $8,295,258 | $33,232,002 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Catholic Charities Of The Archdiocese Of Miami Inc Wilton Manors, FL | $36,927,794 | $28,326,480 |
Miccosukee Corporation Miami, FL | $15,325,636 | $27,086,119 |
Jefferson County Committee For Economic Opportunity Birmingham, AL | $11,300,936 | $24,764,139 |
Enrichment Services Program Incorporated Columbus, GA | $4,122,189 | $23,954,834 |