Palette Hope
- Assets
- $2.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richardson, TX
- Founding
- Data as of
- 12/2022
- EIN
- 83-2684480
Organization Overview
Palette Hope is located in Richardson, TX. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palette 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, Palette Hope generated $1.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $71.0 during the year ending 12/2022. 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
HOSTED FUNDRAISING EVENTS TO RAISE AWARENESS ABOUT MENTAL HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Luong President | 15 | $0 | |
Elvina Almeida Executive Director | 5 | $0 | |
Stephanie Cao Operations Director | 5 | $0 | |
Rachel Pazhoor Secretary | 10 | $0 | |
Katie Lau Vice President | 15 | $0 | |
Vaibhavi Joshi Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $600 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $523 |
| Other Revenue | $0 |
| Total Revenue | $1,123 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71 |
| Total expenses | $71 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,695 |
| Other assets | $0 |
| Total assets | $2,695 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,695 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
La Familia Del Paso Inc El Paso, TX | $3,770,251 | $6,642,392 |
Mental Health America Of Greater Houston Inc Houston, TX | $4,677,460 | $2,640,368 |
The Mental Health Association For Greater Baton Rouge Baton Rouge, LA | $629,973 | $1,349,564 |
Nami Central Texas Austin, TX | $828,900 | $776,359 |
C O P E Oklahoma City, OK | $281,803 | $870,878 |
Mental Health America Of Greater Dallas Dallas, TX | $142,936 | $682,213 |
Mental Health America Of Texas Austin, TX | $69,681 | $446,009 |
Nami Texas Inc Austin, TX | $859,014 | $927,667 |
Nami San Antonio San Antonio, TX | $559,550 | $430,238 |
Nami Oklahoma Inc El Reno, OK | $1,271,309 | $588,750 |
Community Integration Project Flint, TX | $56,487 | $331,017 |
Nami North Texas Dallas, TX | $545,537 | $393,476 |