Help To Create Hope Inc
- Assets
- $1.4m
- Revenue
- $273.9k
- Investments
- $1.4m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 83-2941311
Organization Overview
Help To Create Hope Inc is located in Miami Beach, FL. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Help To Create Hope Inc 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, Help To Create Hope Inc generated $273.9k 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 (22.8%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael A Shanley President, Director | 8 | $0 | |
Shawn Mauro Treasurer, Director | 1 | $0 | |
Erick Magno Secretary, Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $256,672 |
| Interest on Savings | $16,284 |
| Dividends & Interest | $16,800 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,810 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $273,946 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,168 |
| Total operating and administrative expenses | $4,168 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,476 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,419,864 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,437,340 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Help To Create Hope Inc has awarded $264,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE ROYAL NATIONAL ORTHOPEDIC HOSPITAL PURPOSE: DIRECT FINANCIAL SUPPORT FOR UK VETERAN'S MEDICAL CARE AND EQUIPMENT | $254,250 |
SOPHIES HOPE FOUNDATION INC PURPOSE: DIRECT FINANCIAL SUPPORT TO PUBLIC CHARITY'S PRIMARY MISSION OF MEDICAL TREATMENT AND RESEARCH FOR A CURE FOR GLYCOGEN STORAGE DISEASE (GSD) | $10,000 |