Clothed In Hope
- Assets
- $89.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 07/2011
- Data as of
- 12/2023
- EIN
- 27-5054201
Organization Overview
Clothed In Hope is located in Cary, NC. The organization was established in 2011. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clothed In Hope 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 12/2023, Clothed In Hope generated $104.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $99.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
OFFER A 12 MONTH LIFE-SKILLS TRAINING PROGRAM IN LUSAKA, ZAMBIA AND CREATE A COMMUNITY OWNED DEVELOPMENT FOCUSING ON WOMEN'S EMPOWERMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Woodell Bardi President | 30 | $33,600 | |
Jonathan Williams Vice Preside | 2 | $0 | |
Will Woodell Secretary | 2 | $0 | |
Kathy Woodell Treasurer | 20 | $0 | |
Meredith Walker Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,744 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $578 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $100 |
| Total Revenue | $104,129 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,739 |
| Professional fees and other payments to independent contractors | $1,225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,027 |
| Total expenses | $98,991 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,607 |
| Other assets | $0 |
| Total assets | $89,570 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,570 |