Hope Springs Eternal Inc is located in Bryson City, NC. The organization was established in 2018. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Springs Eternal 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, Hope Springs Eternal Inc generated $80.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $82.9k during the year ending 12/2022. While expenses have increased by 7.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
TRANSITIONAL HOUSING AND SUPPORT FOR MEN
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Pastor Marty Pressley President  | 10 | $0 | |
Aaron J Bridges General Director  | 40 | $31,200 | |
Natala Mohl Board Member  | 10 | $0 | |
Kaye Mcconnell Secretary  | 10 | $0 | |
Jeff Jenkins Treasurer  | 10 | $0 | |
Anna Bridges Assistant Director  | 40 | $7,800 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,982 | 
| 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 | $79,982 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $39,000 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $5,993 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $37,907 | 
| Total expenses | $82,900 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,566 | 
| Other assets | $0 | 
| Total assets | $2,566 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $2,566 |