Tears Of Hope Foundation
- Assets
- $870.0k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Gordonville, PA
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 83-2970644
Organization Overview
Tears Of Hope Foundation is located in Gordonville, PA. The organization was established in 2019. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, 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. Tears Of Hope Foundation 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, Tears Of Hope Foundation generated $1.2m in total revenue. All expenses for the organization totaled $392.1k during the year ending 12/2022. While expenses have increased by 35.4% 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.
Since 2020, Tears Of Hope Foundation has awarded 105 individual grants totaling $569,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Kinsinger President, Assistant Secre | 5 | $0 | |
Malinda Kinsinger Vice President, Secretary, | 5 | $0 | |
Stevie Kinsinger Vice President, Assistant | 0.1 | $0 | |
Hannah Beiler Vice President, Assistant | 0.1 | $0 | |
Priscilla Miller Vice President, Assistant | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $835,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $203,554 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,187,944 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,374 |
| Depreciation | $24,735 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70,382 |
| Total operating and administrative expenses | $158,029 |
| Contributions, gifts, grants paid | $234,050 |
| Total expenses and disbursements | $392,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,068 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $863,959 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $870,027 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tears Of Hope Foundation has awarded $234,050 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AMISH PINECRAFT CHURCH PURPOSE: GENERAL CHARITABLE USE | $2,500 |
BEN LAPP CHURCH ALMS PURPOSE: TO HELP AMISH COMMUNITY WITH MEDICAL BILLS | $66,000 |
CENTRAL FOOD BANK PURPOSE: GENERAL CHARITABLE USE | $1,250 |
CHRISTIAN AID MINISTRIES PURPOSE: HURRICANE RELIEF | $3,000 |
CHRISTIAN APPALACHIAN PURPOSE: HELP NEEDY FAMILIES | $1,600 |
JOE WAGLER PURPOSE: MEDICAL BILLS | $5,500 |