Hope For Generations Inc
- Assets
- $46.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethany, OK
- Founding
- 07/2014
- Data as of
- 12/2020
- EIN
- 47-1006615
Organization Overview
Hope For Generations Inc is located in Bethany, OK. The organization was established in 2014. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Generations 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 12/2020, Hope For Generations Inc generated $60.0k 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 (4.9%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (22.2%) per year over the past 6 years. 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 |
|---|---|---|---|
Ron Stidham Director Of Urban Missions | 15 | $15,000 | |
Lee Roland Chairman | 0.2 | $0 | |
Stephen Hanscom Treasurer | 0.2 | $0 | |
Cindy Gipson Secretary | 0.2 | $0 | |
Sherry Widener Board Member | 0.2 | $0 | |
April Mcbride Board Member | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,998 |
| 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 | $59,998 |
| 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 | $15,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,115 |
| Total expenses | $21,115 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,671 |
| Other assets | $0 |
| Total assets | $46,671 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,671 |