Restore Hope
- Assets
- $60.1k
- Revenue
- $246.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lyme, NH
- Founding
- Data as of
- 06/2022
- EIN
- 84-4075441
Organization Overview
Restore Hope is located in Lyme, NH. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restore 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 06/2022, Restore Hope generated $246.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $258.6k during the year ending 06/2022. While expenses have increased by 12.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND WELLBEING OF VULNERABLE AND DISADVANTAGED COMMUNITIES IN POST-EMERGENCY SETTINGS BY PROVIDING BASIC HEALTH EDUCATION AND INCOME GENERATING ACTIVITIES IN ORDER TO ALLEVIATE EXTREME POVERTY AND EMPOWER COMMUNITIES TO BECOME THEIR OWN AGENTS OF CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORE HOPE PROVIDED OUR LIBERIAN GRANTEE ORGANIZATION RESTORE HOPE: LIBERIA RHL WITH GRANT FUNDING FOR DIRECT PROGRAM SUPPORT IN LIBERIA. THE PROGRAM ACTIVITIES INCLUDED: HEALTH MONITORING BY A FULL-TIME RESTORE HOPE: LIBERIA NURSE SUPPORT FOR LOCAL HEALTH SERVICES INCLUDING THE PROVISION OF MEDICAL SUPPLIES AND EQUIPMENT AND AFFORDABLE MEDICINES TO KOLAHUN HOSPITAL PEER HEALTH COUNSELING GRADES 9-12 INCLUDING SEXUAL AND REPRODUCTIVE HEALTH OVERSEEN BY THE RHL NURSE NUTRITIONAL SUPPORT FOOD AND CASH FOR HIGHLY VULNERABLE HOUSEHOLDS GROUP MENTAL HEALTH COUNSELING FOR DEPRESSED AND TRAUMATIZED WOMEN AFTER-SCHOOL READING AND TUTORING PROGRAMS ADULT LITERACY PROGRAM COMMUNITY PUBLIC LIBRARY PAID PRIMARY SECONDARY SCHOOL EXPENSES COLLEGE AND VOCATIONAL EDUCATION SCHOLARSHIPS VOCATIONAL SKILLS AND BUSINESS TRAINING; MICRO-LOANS SUPPORT FOR WOMEN'S CO-OP BUSINESS START-UPS AND OTHER INCOME GENERATING OPPORTUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Saundra Williams Executive Director | Trustee | 20 | $26,368 |
Robert Rufsvold President Chair Of The Bod | OfficerTrustee | 20 | $0 |
Barbara Burke Secretary | OfficerTrustee | 5 | $0 |
Bakhtavar Desai Treasurer | OfficerTrustee | 5 | $0 |
John Morris Director | Trustee | 2 | $0 |
Darlington Martor Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $244,141 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,141 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,885 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $246,026 |
| 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 | $175,789 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $26,368 |
| Fees for services: Legal | $675 |
| Fees for services: Accounting | $3,235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $39,400 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,562 |
| Information technology | $4,182 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $258,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,142 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $60,142 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $49,841 |
| Net assets with donor restrictions | $10,301 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $60,142 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Restore Hope has recieved totaling $183,072.
| Awarding Organization | Amount |
|---|---|
Fiscal Sponsorship Allies Inc Indianapolis, IN PURPOSE: INTERNATIONAL RELIEF EFFORT IN LIBERIA. | $183,072 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Mutual Employee Health Benefit Tr Springfield, MA | $6,593,525 | $93,603,894 |
Delta Dental Plan Of Vermont Inc Concord, NH | $39,409,288 | $93,240,875 |
Maine Guaranteed Access Reinsurance Association Portland, ME | $111,387,710 | $103,548,873 |
Carepartners Of Connecticut Inc Canton, MA | $21,597,096 | $24,446,230 |
T1d Exchange Inc Boston, MA | $15,898,353 | $12,562,518 |
Western Reserve Health Education Inc Westwood, MA | $3,591,710 | $7,850,757 |
Massachusetts Association Of Health Boards Inc Wellesley Hills, MA | $872,591 | $3,657,088 |
Fishing Partnership Health Plan Corporation New Bedford, MA | $1,468,347 | $3,394,426 |
New England Telehealth Consortium Bangor, ME | $1,337,342 | $3,057,335 |
New Hampshire Health Information Organization Corporation Concord, NH | $99,559 | $1,471,668 |
Pharos Global Health Advisors Ltd Newton, MA | $994,555 | $1,267,855 |
Gst Health Benefit Trust Weare, NH | $5,000 | $1,018,394 |