Sterling Hope Center Corporation
- Assets
- $74.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 05/2002
- Data as of
- 12/2019
- EIN
- 56-2270587
Organization Overview
Sterling Hope Center Corporation is located in Greenville, SC. The organization was established in 2002. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sterling Hope Center Corporation 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 12/2019, Sterling Hope Center Corporation generated $24.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $25.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (23.1%) per year over the past 5 years. 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
2019
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FACILITIES TO ENTITIES MONITORING NEIGHBORHOOD OUTREACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Tate Chairman Of The Board | 0 | $0 | |
Anne Arrington Board Member | 1 | $0 | |
Jordan Earle Board Member | 0 | $0 | |
Kevin Mertens Board Member | 0 | $0 | |
Alex Garvey Board Member | 0 | $0 | |
Mamie Watkins Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,553 |
| Total Program Service Revenue | $17,717 |
| Membership dues | $0 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,307 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $7,676 |
| Printing, publications, postage, and shipping | $14,947 |
| Other expenses | $3,267 |
| Total expenses | $25,890 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,839 |
| Other assets | $0 |
| Total assets | $74,214 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,214 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sterling Hope Center Corporation has recieved totaling $35,170.
| Awarding Organization | Amount |
|---|---|
United Way Of Greenville County Incorporated Greenville, SC PURPOSE: PROGRAM FUNDING | $35,170 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Legacy Foundation Inc Alpharetta, GA | $14,855,718 | $2,174,948 |
The Mountain Retreat & Learning Center Inc Highlands, NC | $1,740,549 | $818,683 |
George And Ann Swift Family Foundation Inc Columbus, GA | $3,389,376 | $55,861 |
The Temple On Greene Street Greensboro, NC | $2,097,973 | $122,739 |
Greater Works Foundation Columbia, SC | $6,011 | $0 |
Amelia And Michael Warner Foundation Inc Raleigh, NC | $1,017,456 | $131,518 |
Sterling Hope Center Corporation Greenville, SC | $74,214 | $0 |
Green River Foundation Rutherfordton, NC | $1,966,880 | $12,630 |
North Carolina 211 Cary, NC | $1 | $0 |
Hub Augusta Collaborative Inc Augusta, GA | $28,265,370 | $2,612,947 |
Muves Decatur, GA | $3,476 | $0 |