New Hope Farms is located in Goldendale, WA. The organization was established in 1978. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2023, New Hope Farms employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Farms 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, New Hope Farms generated $1.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $755.1k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 5 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
YEAR-ROUND CARE, HOUSING AND EDUCATION OF UP TO 25 DEVELOPMENTALLY DISABLED ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
YEAR-ROUND CARE, HOUSING AND EDUCATION OF UP TO 25 DEVELOPMENTALLY DISABLED ADULTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Hauser President/secretary/treasurer | Officer | 5.5 | $0 |
Ron Kinsella Vice-President | Officer | 4.6 | $0 |
Kitt Tallman Associate | Officer | 0.3 | $0 |
Kip Mcgilliard Associate | Officer | 0.6 | $0 |
Greta Sines Associate | Officer | 0.1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $4,777 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $31,179 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,956 |
Total Program Service Revenue | $1,025,059 |
Investment income | $80,657 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,141,672 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $423,383 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $13,806 |
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 | $0 |
Advertising and promotion | $296 |
Office expenses | $18,673 |
Information technology | $1,923 |
Royalties | $0 |
Occupancy | $136,176 |
Travel | $16,310 |
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 | $55,217 |
Insurance | $12,410 |
All other expenses | $0 |
Total functional expenses | $755,146 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $66,172 |
Savings and temporary cash investments | $1,196,686 |
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 | $819,681 |
Investments—publicly traded securities | $800,000 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,882,539 |
Accounts payable and accrued expenses | $5,411 |
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 | $5,411 |
Net assets without donor restrictions | $2,877,128 |
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 | $2,882,539 |