Desire 4 Hope
- Assets
- $147.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hawthorne, NJ
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-3542001
Organization Overview
Desire 4 Hope is located in Hawthorne, NJ. The organization was established in 2015. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desire 4 Hope 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, Desire 4 Hope generated $178.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $224.2k during the year ending 12/2022. While expenses have increased by 23.1% per year over the past 4 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
PROGRAM FOR FEEDING, BOTH PHYSICALLY AND SPIRITUALLY, THE HOMELESS IN PATERSON NJ INCLUDING PROVIDING FOOD, CLOTHING AND NECESSITIES. SERVING APPROXIMATELY 500 PEOPLE PER WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Stanley CEO Director | 25 | $17,000 | |
Bill Jensen Treasurer Director | 1 | $0 | |
David Bacolo Secretary Director | 1 | $0 | |
Scott Warren Pastoral Advisor Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,295 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $97 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,392 |
| 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 | $17,000 |
| Occupancy, rent, utilities, and maintenance | $53,594 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $153,621 |
| Total expenses | $224,215 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,223 |
| Other assets | $0 |
| Total assets | $147,653 |
| Total liabilities | $9,743 |
| Net assets or fund balances | $137,910 |