New Hope Farms Inc
- Assets
- $180.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 32-0598783
Organization Overview
New Hope Farms Inc is located in Fort Wayne, IN. The organization was established in 2019. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Farms 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 12/2023, New Hope Farms Inc generated $93.7k in total revenue. All expenses for the organization totaled $48.6k during the year ending 12/2023. While expenses have increased by 126.3% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
MEETING AND INTERACTING WITH A GROUP OF 25+ INNER-CITY YOUTH ON A REGULAR BASIS. ESTABLISHING STRONG, TRUSTED RELATIONSHIPS WITH THOSE YOUTH BY PROVIDING SUPPORT AND ENCOURAGEMENT ON A DAILY BASIS. ORGANIZING YOUTH OUTINGS SUCH AS A CAMPOUT AND HOLIDAY PARTIES. OPENED A FOOD PANTRY AND FOOD BANK TO SERVE THE COMMUNITY. COLLABORATED WITH VARIOUS ORGANIZATIONS THROUGHOUT THE COMMUNITY TO PROVIDE ADDITONAL SPACE FOR COMMUNITY ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wes Jackson President | 10 | $0 | |
Mark Rosemond Vice Chair | 0 | $0 | |
Kimberly Jackson Treasurer | 10 | $0 | |
Mary Monds Secretary | 10 | $0 | |
Larry White Chairman | 0 | $0 | |
Dawn Rosemond Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,732 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,733 |
| 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 | $1,287 |
| Occupancy, rent, utilities, and maintenance | $9,178 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,101 |
| Total expenses | $48,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,817 |
| Other assets | $0 |
| Total assets | $180,167 |
| Total liabilities | $83,023 |
| Net assets or fund balances | $97,144 |