Erins Hope Foundation
- Assets
- $193.6k
- Revenue
- $17.0k
- Investments
- $179.1k
- Employees
- 0
- Location
- Edmond, OK
- Founding
- 01/2012
- Data as of
- 03/2023
- EIN
- 61-1628147
Organization Overview
Erins Hope Foundation is located in Edmond, OK. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Erins Hope Foundation 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 03/2023, Erins Hope Foundation generated $17.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $100.9k during the year ending 03/2023. While expenses have increased by 10.3% per year over the past 7 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.
Since 2015, Erins Hope Foundation has awarded 33 individual grants totaling $248,365. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO OKLAHOMA STATE UNIVERSITY & OKLAHOMA BAPTIST UNIVERSITY. SCHOLARSHIPS WERE PROVIDED TO FOUR STUDENTS IN THE AMOUNTS OF 2,000 TO EACH STUDENT.
A MISSIONARY TRAIL AT FALLS CREEK WAS CREATED USING CURRENT TECHNOLOGY WITH MARKERS TO ALLOW STUDENTS TO EXPLORE INFORMATION ON BECOMING A MISSIONARY.
CONTRIBUTION TO A CHILDREN'S SUMMER CAMP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Swezey President | 7 | $0 | |
Dixie Swezey Vice Pres | 7 | $0 | |
Lloyd Mcalister Board Member | 0.5 | $0 | |
David Murrah Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $604 |
| Interest on Savings | $57 |
| Dividends & Interest | $8,827 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,495 |
| Capital Gain Net Income | $8,639 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,983 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $273 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,617 |
| Total operating and administrative expenses | $11,358 |
| Contributions, gifts, grants paid | $89,503 |
| Total expenses and disbursements | $100,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $608 |
| Savings and temporary cash investments | $13,857 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $193,603 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Erins Hope Foundation has awarded $89,503 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
OSU FBO JADYN NEUSCHAEFER PURPOSE: COLLEGE SCHOLARSHIP | $2,000 |
OSU FBO MARGARET COOK PURPOSE: COLLEGE SCHOLARSHIP | $2,000 |
OSU FBO ANNCMANE CHANEY PURPOSE: COLLEGE SCHOLARSHIP | $2,000 |
OBU FBO GRACEY WASHA PURPOSE: COLLEGE SCHOLARSHIP | $2,000 |
OKLAHOMA BAPTIST UNIVERSITY PURPOSE: MISSIONAARY TRAIL PROJECT | $80,003 |
QUAIL SPRINGS BAPTIST CHURCH PURPOSE: KIDS CAMP | $1,500 |