Cars Of Hope is located in Naperville, IL. The organization was established in 2016. According to its NTEE Classification (P52) the organization is classified as: Transportation 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. Cars Of Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
LAST YEAR CARS OF HOPE RECEIVED 60 DONATED VEHICLES REPAIRED 10 VEHICLES MET WITH 8 APPLICANTS AND GIFTED 7 VEHICLES TO WELL-DESERVING BENEFICIARIES FROM UNDER-RESOURCED FAMILIES THIS REPRESENTS AN AVERAGE INVESTMENT OF 6430 PER VEHICLE GIVEN AWAY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Romas Povilonis Director | 22 | $0 | |
Jeff Kiedaisch Treasurerdonations | 3 | $0 | |
Shawn Harnish Board Member | 1 | $0 | |
Jay Amick Secretaryapplications Coordinator | 11 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,341 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $63,603 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,944 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $511 |
| Total expenses | $59,746 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,558 |
| Other assets | $0 |
| Total assets | $85,558 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,558 |