Hopester Inc
- Assets
- $40.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 83-4137832
Organization Overview
Hopester Inc is located in Bakersfield, CA. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Hopester 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, Hopester Inc generated $184.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $175.7k during the year ending 12/2023. While expenses have increased by 14.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
SUPPORT AND SERVE THE MISSIONS OF COMMUNITY PARTNERS WHO ASSIST THE VULNERABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Simpson Executive Dir. | 40 | $109,704 | |
Daniel H Chang President | 2 | $0 | |
Gregory M Gibbons Vice President | 2 | $0 | |
Lawrence B King Secretary | 2 | $0 | |
Shelley Northrup Director | 2 | $0 | |
Matthew N Davis CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,418 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,439 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $128,700 |
| Professional fees and other payments to independent contractors | $2,366 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,651 |
| Total expenses | $175,717 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,120 |
| Other assets | $0 |
| Total assets | $40,559 |
| Total liabilities | $5,412 |
| Net assets or fund balances | $35,147 |