New Hope Of Florence Inc
- Assets
- $212.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, SC
- Founding
- 03/1994
- Data as of
- 12/2023
- EIN
- 57-0987724
Organization Overview
New Hope Of Florence Inc is located in Florence, SC. The organization was established in 1994. According to its NTEE Classification (G48) the organization is classified as: Brain Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Of Florence 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 12/2023, New Hope Of Florence Inc generated $125.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $125.2k during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATED 12 LOW INCOME HOUSING UNITS FOR THE MENTALLY ILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Joseph E Heyward President | 1 | $0 | |
Kendall Hiller Vice President | 1 | $0 | |
Paul T Williamson Treasurer | 1 | $0 | |
Robert S Floyd Secretary | 1 | $0 | |
Josephine Jupiter Director | 1 | $0 | |
Howard C Parnell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,330 |
| Total Program Service Revenue | $26,941 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,281 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,702 |
| Professional fees and other payments to independent contractors | $21,180 |
| Occupancy, rent, utilities, and maintenance | $68,999 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,298 |
| Total expenses | $125,179 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,487 |
| Other assets | $0 |
| Total assets | $212,616 |
| Total liabilities | $641,787 |
| Net assets or fund balances | -$429,171 |