Building Hope Foundation Inc
- Assets
- $90.4k
- Revenue
- $81.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, CT
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-1819560
Organization Overview
Building Hope Foundation Inc is located in Norwalk, CT. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Hope Foundation Inc 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, Building Hope Foundation Inc generated $81.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $78.0k during the year ending 12/2022. 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 |
|---|---|---|---|
Dan Harris Treasurer | 0 | $0 | |
Michael Church Vice President | 0 | $0 | |
Michael Derosa Secretary | 0 | $0 | |
Andrew J Lasala Jr President | 0 | $0 | |
Mary Boudreau 1st Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,100 |
| Interest on Savings | $13 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $75,370 |
| Total Revenue | $81,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,327 |
| Printing and publications | $0 |
| Other expenses | $47,625 |
| Total operating and administrative expenses | $50,952 |
| Contributions, gifts, grants paid | $27,011 |
| Total expenses and disbursements | $77,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,783 |
| Savings and temporary cash investments | $42,126 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,453 |
| Total assets | $90,362 |
| Accounts payable and accrued expenses | $1,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,000 |
Grants Awarded
Over the last fiscal year, Building Hope Foundation Inc has awarded $27,011 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY OUTREACH PURPOSE: TO PROVIDE MUSIC THERAPY TO NEEDY | $17,011 |
EMERSON COLLEGE PURPOSE: SCHOLARSHIP TO GABRIELLE H. MCGOVERN | $1,000 |
UNIVERSITY OF RICHMOND PURPOSE: SCHOLARSHIP TO DOUGLAS GUILFORD | $1,000 |
UNIVERSITY OF CONNECTICUT PURPOSE: SCHOLARSHIP TO MARGARET MANNELLA | $4,000 |
WESTERN CT STATE UNIVERSITY PURPOSE: SCHOLARSHIP TO GIORGIANNI | $4,000 |