Hope For Tommorrow Inc is located in Chavies, KY. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Tommorrow 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 12/2021, Hope For Tommorrow Inc generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $26.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE FOOD, CLOTHING & SHELTER TO UNDERSERVED, DISASTER VICTIMS. COOPERATE WITH OTHER RELIEF ORGANIZATIONS AND NONPROFITS IN THE AREA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Haven King Chairman | 0 | $0 | |
John C Shackelford Board Member | 0 | $0 | |
Leslie Scott King Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,025 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,025 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,038 |
| Total expenses | $26,072 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,727 |
| Other assets | $0 |
| Total assets | $2,727 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,727 |