Hopeful Ways Inc
- Assets
- $44.2k
- Revenue
- $24.4k
- Investments
- $14.3k
- Employees
- 0
- Location
- Getzville, NY
- Founding
- 11/2013
- Data as of
- 02/2022
- EIN
- 46-3069446
Organization Overview
Hopeful Ways Inc is located in Getzville, NY. The organization was established in 2013. 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. Hopeful Ways 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 02/2022, Hopeful Ways Inc generated $24.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $15.0k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (18.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING MEDICAL AND HUMANITARIAN SERVICES TO THE PEOPLE OF NICARAGUA
Describe the Organization's Program Activity:
Part 3 - Line 4a
EYE CARE MEDICAL MISSION PROJECTS TO RIVAS AND JUIGALPA NICARAGUA WHICH PROVIDED SERVICES TO 2200PATIENTS WITH EYE EXAMINATIONS AND EYEGLASSES WERE DISPENSED. ALSO 60 PATIENTS RECEIVED CATARACT SURGERY AT THE CLINIC IN MANAGUA NICARAGUA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Radens Treasurer | Officer | 5 | $0 |
Ron Wysocki Finance Administrator | Officer | 5 | $0 |
Paul Iorio Cio/it Infrastructure/busi | Trustee | 2 | $0 |
Jim Carlins President | Trustee | 15 | $0 |
Rosemary Metzler Member | Trustee | 1 | $0 |
Loretta Carlins Secretary | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,895 |
| Total Program Service Revenue | $0 |
| Investment income | $1,836 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,658 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,389 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,226 |
| Advertising and promotion | $400 |
| Office expenses | $248 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $125 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,000 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $14,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,914 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $14,294 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $44,208 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $14,294 |
| Net assets with donor restrictions | $29,914 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $44,208 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hopeful Ways Inc has recieved totaling $5,402.
| Awarding Organization | Amount |
|---|---|
The Phase Foundation Germantown, MD PURPOSE: TO PROVIDE FREE EYE SERVICES (MEDICAL CARE & EDUCATION) TO THE POOR IN NICARAGUA. | $4,000 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $1,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $152 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tompkins Cortland Community College Foundation Dryden, NY | $60,556,305 | $8,680,534 |
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Little Servant Sisters Woodbridge, NJ | $7,631,243 | $7,029,222 |
Little Sisters Of The Poor Of The City And County Of Philadelphia Philadelphia, PA | $10,759,268 | $7,956,134 |
International Service Fellowship Usa Upper Darby, PA | $20,365,794 | $7,523,822 |
Heritage Aflame Inc Bolivar, NY | $1,304,768 | $4,768,942 |
Society Of St Vincent De Paul Central Council Of Pittsburgh Pittsburgh, PA | $5,352,791 | $6,782,578 |
Jubilee Ministries Lebanon, PA | $10,567,390 | $8,013,168 |
Catholic Leadership Institute Malvern, PA | $22,337,149 | $8,205,889 |
Global Outreach Mission Inc Getzville, NY | $2,858,077 | $4,945,312 |
Peylim Lev Lachim lakewood, NJ | $4,589 | $4,953,588 |
Noor Uliman Schools Inc Monmouth Junction, NJ | $5,196,914 | $5,544,541 |