Reason 4 Hope Inc
- Assets
- $15.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lagrange, IN
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 27-5001634
Organization Overview
Reason 4 Hope Inc is located in Lagrange, IN. The organization was established in 2012. 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. Reason 4 Hope 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, Reason 4 Hope Inc generated $63.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $71.6k during the year ending 12/2022. 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
PROVIDE FOOD AND A PLACE TO BE FOR HIGH SCHOOL AND JR HIGH SCHOOL STUDENTS TO BE AFTER SCHOOL WHEN NO ONE IS HOME.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kari Lipscomb President | 10 | $0 | |
Russell Owsley Vice President | 8 | $0 | |
Shay Owsley Treasurer | 8 | $0 | |
Amanda Sarver Secretary | 8 | $0 | |
Jamelle Godlewski Director | 20 | $23,025 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,852 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,854 |
| 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 | $32,184 |
| Occupancy, rent, utilities, and maintenance | $2,292 |
| Printing, publications, postage, and shipping | $942 |
| Other expenses | $28,824 |
| Total expenses | $71,560 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,103 |
| Other assets | $0 |
| Total assets | $15,103 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,103 |