Providing Hope Va is located in Fredericksburg, VA. The organization was established in 2018. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2020, Providing Hope VA employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providing Hope VA 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, Providing Hope VA generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $1.1m during the year ending 12/2020. While expenses have increased by 36.0% per year over the past 2 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
A VETERAN FOUNDED ORGANIZATION THAT WORKS TO SUPPORT OUR LESS FORTUNATE VETERANS. PROVIDING HOPE WORKS WITH VETERANS FACING FINANCIAL DIFFICULTIES, HOMELESSNESS, UNEMPLOYMENT, AND THOSE IN NEED OF TREATMENT. PROVIDING HOPE IS A SMALL COMMUNITY BASED ORGANIZATION.
Describe the Organization's Program Activity:
RELIEF FOR VETERAN HARDSHIPS. HELPING WITH EVICTIONS, FORECLOSURES, UTILITIES, INSURANCE COST, MEDICAL COST, ETC
VETERAN VACATIONS - OFFERING VACATIONS FOR ACTIVE DUTY SERVICE MEMBERS AND THEIR FAMILIES
HONOR THE FALLEN. PAYING FOR FUNERAL ARRANGEMENTS. COMMUNITY OUTREACH
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 | $2,573 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,573 |
Total Program Service Revenue | $0 |
Investment income | $43 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $1,856,481 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,859,097 |
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. | $298,500 |
Compensation of current officers, directors, key employees. | $14,925 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $36,964 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,693 |
Fees for services: Management | $34,860 |
Fees for services: Legal | $3,098 |
Fees for services: Accounting | $12,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $59,781 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $811 |
Office expenses | $62,102 |
Information technology | $13,540 |
Royalties | $0 |
Occupancy | $116,736 |
Travel | $38,397 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $12,239 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $49,843 |
Insurance | $10,299 |
All other expenses | $0 |
Total functional expenses | $1,133,936 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $385,660 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $34,590 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $75,500 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $974,039 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,469,789 |
Accounts payable and accrued expenses | $28,287 |
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 | $53,563 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $81,850 |
Net assets without donor restrictions | $0 |
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 | $1,387,939 |
Total liabilities and net assets/fund balances | $1,469,789 |
Organization Name | Assets | Revenue |
---|---|---|
Center For Community Change Action Washington, DC | $13,750,563 | $15,082,091 |
American Conservative Union Alexandria, VA | $4,885,240 | $15,442,633 |
Center For American Progress Action Fund Washington, DC | $5,490,835 | $12,854,526 |
Consumer Bankers Association Washington, DC | $14,757,474 | $11,272,002 |
Centre For Public Impact North America Inc Washington, DC | $15,029,956 | $20,852,661 |
Members Choice Credit Union Ashland, KY | $332,356,623 | $13,811,738 |
Public Citizen Inc Washington, DC | $4,340,834 | $7,987,999 |
Common Cause Washington, DC | $11,922,837 | $10,088,774 |
American Road And Transportation Builders Association Washington, DC | $8,270,430 | $9,321,021 |
Alliance For Telecommunications Industry Solutions Washington, DC | $11,826,639 | $10,016,608 |
Americans For Tax Reform Washington, DC | $22,926,988 | $9,199,721 |
Electronic Transactions Association Washington, DC | $10,336,129 | $4,909,988 |