Key-Hope Foundation
- Assets
- $0.0
- Revenue
- $27.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- Data as of
- 12/2017
- EIN
- 38-3382529
Organization Overview
Key-Hope Foundation is located in Ann Arbor, MI.
For the year ending 12/2017, Key-Hope Foundation generated $27.1k in total revenue. All expenses for the organization totaled $125.7k during the year ending 12/2017. While expenses have increased by 121.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert G Ause President | 2 | $0 | |
Martha R Ause Treasurer | 2 | $0 | |
Robert Ause Jr Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,005 |
| Interest on Savings | $0 |
| Dividends & Interest | $278 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,774 |
| Capital Gain Net Income | $25,774 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,057 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $1,719 |
| Contributions, gifts, grants paid | $124,000 |
| Total expenses and disbursements | $125,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Key-Hope Foundation has awarded $124,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE CLINIC PURPOSE: PROGRAM SUPPORT | $1,000 |
RZIM PURPOSE: MISSION SUPPORT | $5,000 |
KNOX PRESBYTERIAN CHURCH PURPOSE: PROGRAM SUPPORT | $50,000 |
ANN ARBOR AREA COMMUNITY FOUNDATION PURPOSE: PROGRAM SUPPORT | $20,000 |
DAVID JEREMIAH MINISTRIES PURPOSE: PROGRAM SUPPORT | $10,000 |
GREENHILLS SCHOOL PURPOSE: PROGRAM SUPPORT | $35,000 |