Hope Advocates is located in Missouri City, TX. The organization was established in 2017. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Hope Advocates 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 12/2023, Hope Advocates generated $35.5k 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 (17.6%) each year. All expenses for the organization totaled $36.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 7 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
2023
Describe the Organization's Program Activity:
Part 3
HOPE ADVOCATES IS A SERVICE-ORIENTED ORGANIZATION INVOLVING OUR CHILDREN IN GIVING OF OUR TIME AND TALENTS TO AREAS OF NEED IN THE LOCAL COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Van Eyk Treasurer | 3 | $0 | |
John Reed Vice President | 2 | $0 | |
Michael Metro Secretary | 2 | $0 | |
Pharis Godfrey Vice President | 2 | $0 | |
Alexander Mcelreath President | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,326 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,117 |
| Other Revenue | $0 |
| Total Revenue | $35,459 |
| 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 | $687 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,522 |
| Total expenses | $36,209 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,069 |
| Other assets | $0 |
| Total assets | $72,069 |
| Total liabilities | $0 |
| Net assets or fund balances | $72,069 |