Hope For Henry Foundation
- Assets
- $2.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 9
- Location
- Washington, DC
- Founding
- 11/2003
- Data as of
- 12/2022
- EIN
- 20-0244173
Organization Overview
Hope For Henry Foundation is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. As of 12/2022, Hope For Henry Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Henry 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, Hope For Henry Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 13.0% per year over the past 8 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 2015, Hope For Henry Foundation has awarded 21 individual grants totaling $1,112,045. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIALIZED PATIENT EXPERIENCES: HOPE FOR HENRY HOST EVENTS THROUGHOUT THE YEAR TO ENSURE THAT HOSPITALIZED KIDS EXPERIENCE WONDER, EVEN WHILE IN THE HOSPITAL.
HOSPITAL GRANTS: HOPE FOR HENRY SUPPORTS THE SALARIES OF CHILD LIFE SPECIALISTS AND FUNDS RESEARCH THAT MEASURES THE IMPACT OF PEDIATRIC PATIENT EXPERIENCE PROGRAMMING.
INNOVATIVE PATIENT-CENTERED PROGRAMS: TO ADDRESS FEAR, LONELINESS, AND THE MONOTONY OF THE HOSPITAL STAY, HOPE FOR HENRY HAS DEVELOPED A SUITE OF INNOVATIVE PATIENT-CENTERED PROGRAMS THAT PROVIDE CRITICAL, LONGED-FOR NORMALCY; ENTERTAINING DISTRACTIONS, AND INCREASE ADHERENCE TO LENGTHY, ARDUOUS MEDICAL PROTOCOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Strongin Chief Executive Officer | OfficerTrustee | 60 | $224,000 |
Carolyn Fung Director Of National Programs | 40 | $132,100 | |
Maria Gortaire Director Of Finance And Accounting | 40 | $115,600 | |
Kelly Beck Senior Program Manager | 40 | $110,100 | |
Rich Lane Treasurer | OfficerTrustee | 2 | $0 |
Jonathan Kaplan Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,065,310 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,058,960 |
| Noncash contributions included in lines 1a–1f | $229,176 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,124,270 |
| Total Program Service Revenue | $0 |
| Investment income | $773 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$447,786 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,677,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,000 |
| Grants and other assistance to domestic individuals. | $442,541 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $233,496 |
| Compensation of current officers, directors, key employees. | $35,024 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $488,029 |
| Pension plan accruals and contributions | $19,153 |
| Other employee benefits | $11,724 |
| Payroll taxes | $61,221 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $14,114 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,501 |
| Advertising and promotion | $33,278 |
| Office expenses | $19,236 |
| Information technology | $20,551 |
| Royalties | $0 |
| Occupancy | $74,486 |
| Travel | $15,416 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,058 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,635 |
| Insurance | $4,847 |
| All other expenses | $7,583 |
| Total functional expenses | $1,737,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $1,672,321 |
| Pledges and grants receivable | $195,404 |
| 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 | $9,178 |
| Net Land, buildings, and equipment | $10,306 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $246,893 |
| Total assets | $2,134,104 |
| Accounts payable and accrued expenses | $67,704 |
| 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 | $243,644 |
| Total liabilities | $311,348 |
| Net assets without donor restrictions | $1,437,848 |
| Net assets with donor restrictions | $384,908 |
| 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 | $2,134,104 |
Grants Awarded
Over the last fiscal year, Hope For Henry Foundation has awarded $124,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: FUND CHILD LIFE SPECIALIST POSITION | $70,000 |
Washington, DC PURPOSE: FUND CHILD LIFE SPECIALIST POSITION | $54,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope For Henry Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Harold Plotnek Charitable Foundation Inc Bethesda, MD PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
Endowment Analysis
| Earnings | $772 |
| Net Contributions | $100,000 |
| Ending Balance | $100,772 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usagainstalzheimers Washington, DC | $8,313,876 | $12,845,054 |
Accelerate Brain Cancer Cure Inc Washington, DC | $0 | $1,166,711 |
Urology Care Foundation Inc Linthicum, MD | $76,869,441 | $7,067,880 |
Hope For Henry Foundation Washington, DC | $2,134,104 | $1,677,257 |
The Childrens Cancer Foundation Inc Columbia, MD | $1,439,343 | $1,526,844 |
The Lilabean Foundation Inc Silver Spring, MD | $566,556 | $655,086 |
Respiratory Compromise Institute Alexandria, VA | $112,334 | $140,030 |
There Goes My Hero Timonium, MD | $289,030 | $315,789 |
Fight 4 Diabetes Cure Inc Kensington, MD | $6,069 | $0 |
For Love Of Molly Richmond, VA | $41,179 | $0 |
Ara Research Institute Nfp Washington, DC | $560 | $87,380 |
Alexs Army Childhood Cancer Foundation Inc Haymarket, VA | $84,078 | $138,536 |