Renew Hope
- Assets
- $357.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wyoming, MN
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 82-1161462
Organization Overview
Renew Hope is located in Wyoming, MN. The organization was established in 2017. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renew Hope 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 12/2022, Renew Hope generated $157.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $144.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO INSPIRE A CULTURE AGAINST THE EVILS OF SEX TRAFFICKING AND RENEW THE LIVES OF WOMEN WHO HAVE SURVIVED IT. THIS IS DONE THROUGH EDUCATION & AWARENESS AND SURVIVOR LIFE RECOVERY SERVICES. THE ORGANIZATION HAS OVER 150 VOLUNTEERS AND PRESENTED TO OVER 100 ORGANIZATION IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bowden-Gunst Chair/ Treasurer | 1 | $0 | |
Clare Lillis Past Chair | 2 | $0 | |
Travis Blake Vice Chair | 1 | $0 | |
Amanda Lenk Secretary | 1 | $0 | |
Diedre Zelin Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,133 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$9,253 |
| Other Revenue | $16,500 |
| Total Revenue | $157,380 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $85,551 |
| Professional fees and other payments to independent contractors | $3,108 |
| Occupancy, rent, utilities, and maintenance | $23,741 |
| Printing, publications, postage, and shipping | $192 |
| Other expenses | $31,533 |
| Total expenses | $144,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,073 |
| Other assets | $0 |
| Total assets | $357,529 |
| Total liabilities | $230,075 |
| Net assets or fund balances | $127,454 |