Hope Corporation
- Assets
- $104.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lick Creek, KY
- Founding
- 07/1990
- Data as of
- 04/2024
- EIN
- 61-1158445
Organization Overview
Hope Corporation is located in Lick Creek, KY. The organization was established in 1990. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope 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 04/2024, Hope Corporation generated $8.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $20.3k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
DIRECTLY PROVIDE FOOD ITEMS & CLOTHING TO APPROXIMATELY 1,000 FAMILIES PER MONTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Flannery President | 40 | $0 | |
Dave Compton Vice President | 20 | $0 | |
Steve Cantrall Secretary | 20 | $0 | |
Marcia Crum Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,433 |
| 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 | $8,433 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $8,248 |
| Printing, publications, postage, and shipping | $5 |
| Other expenses | $11,477 |
| Total expenses | $20,330 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,625 |
| Other assets | $0 |
| Total assets | $104,725 |
| Total liabilities | $0 |
| Net assets or fund balances | $104,725 |