A Future With Hope Inc
- Assets
- $195.0k
- Revenue
- $193.8k
- Investments
- $3.8k
- Employees
- 2
- Location
- Neptune, NJ
- Founding
- 06/2013
- Data as of
- 12/2021
- EIN
- 80-0883260
Organization Overview
A Future With Hope Inc is located in Neptune, NJ. The organization was established in 2013. According to its NTEE Classification (P21) the organization is classified as: American Red Cross, under the broad grouping of Human Services and related organizations. As of 12/2021, A Future With Hope Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Future With Hope 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 12/2021, A Future With Hope Inc generated $193.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.3%) each year. All expenses for the organization totaled $126.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (39.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RESPOND TO ANY EMERGENCIES AND/OR DESIGNATED STRUGGLES AFFECTING THE GREATER NJ ANNUAL CONFERENCE OF THE UNITED METHODIST CHURCH, INCLUDING PROVIDING LONG TERM ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HURRICANE IDA RELIEF - PENDING ADDITIONAL FUNDING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Chris Heckert President | OfficerTrustee | 0.5 | $0 |
Robert Zuckerman Treasurer | OfficerTrustee | 0.5 | $0 |
Niurca Louis Vice President | OfficerTrustee | 0.5 | $0 |
Marion Zajac Trustee | Trustee | 0.5 | $0 |
John Bishop Trustee | Trustee | 0.5 | $0 |
Michael Hertl Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Miller Homes Construction | 12/30/17 | $302,013 |
Tony Matos Construction Llc Construction | 12/30/17 | $168,090 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $192,953 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,972 |
| Total Program Service Revenue | $800 |
| Investment income | -$7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,765 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,298 |
| Pension plan accruals and contributions | -$7 |
| Other employee benefits | $1,809 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,712 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,390 |
| Advertising and promotion | $0 |
| Office expenses | $118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,607 |
| All other expenses | $0 |
| Total functional expenses | $126,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,422 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,814 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,779 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $195,015 |
| Accounts payable and accrued expenses | $78,645 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | -$3,566 |
| Other liabilities | $0 |
| Total liabilities | $75,079 |
| Net assets without donor restrictions | $119,936 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $195,015 |
Grants Awarded
Over the last fiscal year, A Future With Hope Inc has awarded $45,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ALL OTHER GRANTS UNDER 5000 | | | $17,000 |
MALAGA UMC PURPOSE: COVID RELIEF | $10,000 |
Atlantic Hlds, NJ PURPOSE: COVID RELIEF | $10,000 |
E Brunswick, NJ PURPOSE: COVID RELIEF | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that A Future With Hope Inc has recieved totaling $19.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Charity Global Inc Hagerstown, MD | $173,056,021 | $101,611,139 |
Lutheran Immigration And Refugee Service Baltimore, MD | $69,973,896 | $114,665,821 |
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Lifespire Inc New York, NY | $111,308,535 | $104,118,369 |
Brockton Area Multi-Services Inc Brockton, MA | $53,527,033 | $98,602,137 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Melmark Inc Berwyn, PA | $140,011,030 | $123,679,876 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
Coordinated Transportation Solutions Inc Trumbull, CT | $16,469,961 | $93,191,276 |
Open Sky Community Services Inc Worcester, MA | $49,353,222 | $95,640,760 |
Chimes District Of Columbia Inc Baltimore, MD | $48,959,775 | $100,243,755 |