Marshmallow S Hope Nonprofit Organization Corp
- Assets
- $289.2k
- Revenue
- $362.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Rockford, IL
- Founding
- Data as of
- 12/2023
- EIN
- 85-3140746
Organization Overview
Marshmallow S Hope Nonprofit Organization Corp is located in Rockford, IL. According to its NTEE Classification (F01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Marshmallow S Hope Nonprofit Organization Corp employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marshmallow S Hope Nonprofit Organization Corp 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 12/2023, Marshmallow S Hope Nonprofit Organization Corp generated $362.1k in total revenue. All expenses for the organization totaled $146.2k during the year ending 12/2023. While expenses have increased by 115.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE THE VOICE FOR THOSE WHO FEEL THEY DON'T HAVE ONE. WE BELIEVE THE POWER OF COMPASSION, CONNECTION, AND HOPE WILL AID IN THE CREATION OF BONDS THAT WILL EMPOWER THOSE WE SERVE TO BUILD TRUST, OVERCOME CHALLENGES, AND CREATE PATHWAYS TO PERSEVERANCE. WE AIM FOR A UNIFYING APPROACH ON PRIORITIZING MENTAL HEALTH, DELIVERING EDUCATION, AND ERADICATING CULTURAL STIGMAS. WE STRIVE TO PREVENT SUICIDE BY ELIMINATING ACCESS BARRIERS TO CARE, FACILITATING MENTORSHIP PROGRAMS, AND CONNECTING OUR CLIENTS TO A COMPREHENSIVE OFFERING OF SUPPORT GROUPS THROUGH OUR COMMUNITY PARTNERS, AND PROVIDING GRACEFUL POSTVENTION SUPPORT ACCEPTING THOSE ON THEIR PATH TO RESILIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SERVED 250 PEOPLE WITH MENTAL HEALTH NEEDS SUICIDE SURVIVORS WHO NEEDED INTENSIVE SHORT-TERM COUNSELING DUE TO THE TRAUMA OF LOSING A LOVED ONE TO SUICIDE. WE ADVOCATED FOR NEW LEGISLATION THAT WENT INTO ILLINOIS LAW (ZACHARY'S PARENT PROTECTION ACT) WHICH WILL PROVIDED PARENTS WITH JOB PROTECTION AND EXTENDED BEREAVEMENT TIME. OUR FOUNDER WAS RECOGNIZED AS ONE OF THE TOP 40 LEADERS UNDER 40 IN THE ROCKFORD, IL COMMUNITY. SHE WAS ALSO RECOGNIZED AS ONE OF THE TOP WOMEN IN LEADERSHIP IN WINNEBAGO COUNTY BY HER LOCAL ILLINOIS STATE REPRESENTATIVE. WE ACQUIRED A HOME IN NEED OF REPAIR AND HAVE PERFORMED REHABILITATION ON IT TO DONATE TO A LOCAL VETERAN IN NEED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Kane Executive Di | Officer | 60 | $50,000 |
Lana Barker Vice Preside | OfficerTrustee | 1 | $0 |
Jami Ditto Secretary | OfficerTrustee | 1 | $0 |
Richard Foster President | OfficerTrustee | 2 | $0 |
Beth Ippen Board Member | Trustee | 1 | $0 |
Elizabeth Squires Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $138,553 |
| All other contributions, gifts, grants, and similar amounts not included above | $211,867 |
| Noncash contributions included in lines 1a–1f | $134,898 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $350,420 |
| 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 | $11,650 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $362,070 |
| 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. | $50,000 |
| Compensation of current officers, directors, key employees. | $5,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,775 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,659 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,819 |
| Advertising and promotion | $4,751 |
| Office expenses | $1,861 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $240 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $327 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,057 |
| All other expenses | $0 |
| Total functional expenses | $146,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,452 |
| 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 | $164,728 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $289,180 |
| 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 | $289,180 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $289,180 |