Hopes In Nfp
- Assets
- $357.7k
- Revenue
- $148.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Barrington, IL
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-3228823
Organization Overview
Hopes In Nfp is located in Barrington, IL. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Hopes In Nfp employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopes In Nfp 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, Hopes In Nfp generated $148.6k 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 (8.8%) each year. All expenses for the organization totaled $136.7k during the year ending 12/2021. 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
HOPE'S IN, NFP IS DEDICATED TO HOPE, EMPOWERMENT AND THE GOAL OF BRINGING PURPOSE INTO PEOPLE'S LIVES BOTH ABROAD AND HERE IN THE UNITED STATES THROUGH SERVING OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE'S IN LED VOLUNTEERS TO GUATEMALA WHERE THEY ASSISTED IN BUILDING HOUSES AND PROVIDED SERVICES IN MEDICAL CLINICS THEREBY BRINGING HOPE AND EMPOWERMENT TO THE GUATEMALA CITY GARBAGE DUMP COMMUNITY AND EMPOWERING A GENERATION OF HUMANITARIANS.
OSO IS A SUSTAINABLE MICROENTERPRISE THAT HELPS WOMEN IN GUATEMALA CITY GARBAGE DUMP COMMUNITIES TO HANDMAKE ARTISAN TEDDY BEARS. THROUGH THE SALE OF THE BEARS, THE WOMEN OF GUATEMALA ARE EMPOWERED. THEIR STORIES ARE CONNECTED TO THE BEARS, THEREBY LEADING TO A MORE INTERCONNECTED WORLD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Mcgovern Co-Director | Trustee | 40 | $43,840 |
Ashley Quigley Co-Director | OfficerTrustee | 20 | $21,923 |
Alex Kim Director | OfficerTrustee | 1 | $0 |
Garrett Mcgovern Treasurer | OfficerTrustee | 4 | $0 |
Jim Quigley President | OfficerTrustee | 1 | $0 |
Jennifer Quigley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,417 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,714 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,131 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $64,422 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,554 |
| 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. | $43,839 |
| Compensation of current officers, directors, key employees. | $14,613 |
| Compensation to disqualified persons | $24,328 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,217 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,006 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $644 |
| Office expenses | $662 |
| Information technology | $446 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $601 |
| 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 | $3,783 |
| All other expenses | $52,143 |
| Total functional expenses | $136,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,436 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $147,296 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $357,732 |
| Accounts payable and accrued expenses | $1,903 |
| 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 | $10,003 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,906 |
| Net assets without donor restrictions | $345,826 |
| 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 | $357,732 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hopes In Nfp has recieved totaling $34,500.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: PHILANTHROPY | $19,500 |
Foglia Family Foundation Chicago, IL PURPOSE: GENERAL CHARITABLE PURPOSES | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schuler Education Foundation Lake Forest, IL | $54,673,241 | $7,067,242 |
Thedacare Family Of Foundations Inc Appleton, WI | $89,256,611 | $25,439,996 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |