Hope Industries
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 09/2018
- Data as of
- 12/2019
- EIN
- 82-4365719
Organization Overview
Hope Industries is located in Sacramento, CA. The organization was established in 2018. According to its NTEE Classification (F42) the organization is classified as: Sexual Assault Services, under the broad grouping of Mental Health & Crisis Intervention and related organizations. Hope Industries 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 12/2019, Hope Industries generated $12.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (54.7%) each year. All expenses for the organization totaled $14.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (50.9%) per year over the past 2 years. 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
2019
Describe the Organization's Program Activity:
Part 3
HOPE INDUSTRIES WAS FORMED IN 2018 AND THUS WAS IN START-UP MODE. THE ORGANIZATION LOCATED SPACE AND OPENED ITS THRIFT SHOP WHICH WILL SUPPORT ITS FUTURE ACTIVITIES. ASSISTANCE IN SEPARATING ITEMS FOR SALE AND RACKING THEM IN THE STORE WAS PROVIDED BY DISABLED CHILDREN, WHO ARE PART OF THE POPULATION TO WHOM THE ORGANIZATION PROVIDES EDUCATION AND OPPORTUNITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,641 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,641 |
| 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 | $9,700 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,701 |
| Total expenses | $14,401 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |