Hope At The Lake Foundation
- Assets
- $75.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mooresville, NC
- Founding
- 03/2005
- Data as of
- 07/2022
- EIN
- 20-1489132
Organization Overview
Hope At The Lake Foundation is located in Mooresville, NC. The organization was established in 2005. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope At The Lake 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 07/2022, Hope At The Lake Foundation generated $72.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $64.6k during the year ending 07/2022. While expenses have increased by 2.0% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IMPROVE LIVES OF LOCAL POVERTY VICTIMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Forrest Wilson President | 5 | $0 | |
Terry J Tyler Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,750 |
| Total Program Service Revenue | $49,555 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,322 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $275 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,700 |
| Other expenses | $2,640 |
| Total expenses | $64,615 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,983 |
| Other assets | $0 |
| Total assets | $74,983 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,983 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope At The Lake Foundation has recieved totaling $29.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Townebank Foundation Suffolk, VA | $12,218,911 | $5,948,178 |
Enduring Hearts Inc Marietta, GA | $4,514,675 | $1,999,139 |
Investigative Research Center Inc Arlington, VA | $96,743 | $0 |
24 Foundation Inc Charlotte, NC | $1,081,885 | $1,362,203 |
Lung Cancer Initiative Raleigh, NC | $1,367,824 | $941,380 |
Shallow Ford Foundation Inc Clemmons, NC | $16,710,912 | $2,245,323 |
Its The Journey Inc Peachtree Corners, GA | $1,468,150 | $837,855 |
Ians Friends Foundation Inc Atlanta, GA | $2,303,183 | $1,075,992 |
The Cancer Foundation Inc Athens, GA | $2,195,862 | $959,444 |
Health First Americas Charities Chantilly, VA | $289,925 | $622,332 |
Cure Lbsl Arlington, VA | $444,924 | $599,293 |
Cr3 Diabetes Association Inc Fuquay Varina, NC | $1,173,656 | $1,089,324 |