Fostering Hope
- Assets
- $159.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pottstown, PA
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 84-1857085
Organization Overview
Fostering Hope is located in Pottstown, PA. The organization was established in 2019. According to its NTEE Classification (P40) the organization is classified as: Family Services, 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. Fostering 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 12/2023, Fostering Hope generated $179.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $113.7k during the year ending 12/2023. 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
FOSTERING HOPE IS A VOLUNTEER RUN, 501(C) (3) NONPROFIT, DEDICATED TO OFFERING MEANINGFUL HELP TO FOSTER FAMILIES AND CHILDREN IN PENNSYLVANIA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Filling-Brown Treasurer | 4 | $0 | |
Alyssa Dourte Director Of Operations | 4 | $0 | |
Adrienne Cavanaugh Director Of Development | 4 | $0 | |
Mary Mundy Outreach Coordinator | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,861 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $152 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $38,503 |
| Other Revenue | $0 |
| Total Revenue | $179,516 |
| 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 | $8,390 |
| Occupancy, rent, utilities, and maintenance | $27,790 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,550 |
| Total expenses | $113,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,509 |
| Other assets | $0 |
| Total assets | $159,509 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,509 |