Now Hope
- Assets
- $32.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Spgs, CO
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 20-1462045
Organization Overview
Now Hope is located in Colorado Spgs, CO. The organization was established in 2004. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Now 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 12/2022, Now Hope generated $124.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $129.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Chu President | 55 | $9,000 | |
Kimberly Charity Director | 3 | $0 | |
Ronald Charity Director | 3 | $0 | |
Melissa Chu Secretary | 35 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,244 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,277 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,300 |
| Professional fees and other payments to independent contractors | $529 |
| Occupancy, rent, utilities, and maintenance | $6,641 |
| Printing, publications, postage, and shipping | $276 |
| Other expenses | $55,593 |
| Total expenses | $129,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,799 |
| Other assets | $0 |
| Total assets | $32,799 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,799 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Now Hope has recieved totaling $31,416.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,708 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,708 |
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