Chapters Of Hope Foundation is located in Salt Lake City, UT. The organization was established in 2010. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, 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. Chapters Of Hope 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, Chapters Of Hope Foundation generated $4.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.3%) each year. All expenses for the organization totaled $9.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (33.3%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION CONTRIBUTED BOOKS ($477 VALUE) TO MISSIONARIES LOCATED IN UT. THESE MATERIALS HELP SHARE FAITH-BASED PRINCIPLES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheri L Dew Directorpresident | 1 | $0 | |
Laurel C Day Directorvp | 1 | $0 | |
J Darin Murdock Directorsec Treas | 1 | $0 | |
Keith R Hunter Director | 1 | $0 | |
Sonia Larson Assistant To The Pres | 1 | $0 | |
Samuel Vanhook Accountant | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,582 |
| 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 | $4,582 |
| 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 | $70 |
| Other expenses | $1,101 |
| Total expenses | $9,406 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $178,406 |
| Other assets | $0 |
| Total assets | $178,406 |
| Total liabilities | $0 |
| Net assets or fund balances | $178,406 |