Hope Restored
- Assets
- $17.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Stevens, WA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-1180926
Organization Overview
Hope Restored is located in Lake Stevens, WA. The organization was established in 2019. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Restored 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, Hope Restored generated $32.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $21.8k during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED FOOD, SHELTER AND CLOTHING TO THE COMMUNITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Harmon President | 0 | $0 | |
Jeff Nowak Treasurer | 0 | $0 | |
Brian Moore Boardmember | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,644 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,229 |
| Total Revenue | $32,873 |
| 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 | $2,682 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,136 |
| Total expenses | $21,818 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $372 |
| Other assets | $0 |
| Total assets | $17,650 |
| Total liabilities | $6,038 |
| Net assets or fund balances | $11,612 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mat Su Youth Housing Wasilla, AK | $1,754,998 | $2,423,199 |
Jackson Street Youth Shelter Inc Corvallis, OR | $2,016,393 | $2,251,726 |
Anacortes Family Center Anacortes, WA | $7,783,410 | $1,252,442 |
Panza A Washington Nonprofit Corporation Olympia, WA | $7,904,404 | $1,434,673 |
Squareone Villages Eugene, OR | $5,184,818 | $2,114,058 |
Beacon Hill Anchorage, AK | $617,954 | $1,091,783 |
Harbor Hope Center Gig Harbor, WA | $698,504 | $913,022 |
Generating Hope Inc Yakima, WA | $170,247 | $444,410 |
Crossroads Communities Lebanon, OR | $121,658 | $350,949 |
St Francis Shelter Salem, OR | $1,884,050 | $737,346 |
Eagles Wings Coordinated Care Silverdale, WA | $1,269,751 | $1,022,159 |
House Of Prayer Foundation Tacoma, WA | $52,650 | $331,823 |