Gift Hope Foundation is located in Atlanta, GA. The organization was established in 2018. According to its NTEE Classification (T40) the organization is classified as: Voluntarism Promotion, 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. Gift Hope Foundation 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, Gift Hope Foundation generated $24.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $19.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
THIS PLATFORM MAXIMIZES THE IMPACT OF CHARITABLE GIVING BY MATCHING DONORS WITH CORPORATE PARTNERS SUPPORTING THE SAME CAUSE. INDIVIDUAL DONORS ARE ENCOURAGED TO USE SOCIAL MEDIA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nazrul I Shaikh President | 10 | $0 | |
Nishant Upadhyay Treasurer | 0.5 | $0 | |
Mahima Hada Vice President | 0.5 | $0 | |
Zeenat Shaikh Secretary | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,165 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,165 |
| 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 | $19,159 |
| Other expenses | $0 |
| Total expenses | $19,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,887 |
| Other assets | $0 |
| Total assets | $9,887 |
| Total liabilities | $32,978 |
| Net assets or fund balances | -$23,091 |