Sweatshirt Of Hope
- Assets
- $42.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Souderton, PA
- Founding
- Data as of
- 12/2022
- EIN
- 84-3798703
Organization Overview
Sweatshirt Of Hope is located in Souderton, PA. According to its NTEE Classification (F19) the organization is classified as: Support N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sweatshirt Of 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, Sweatshirt Of Hope generated $139.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $128.7k during the year ending 12/2022. While expenses have increased by 9.5% per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3
FOCUS IN BRINGING THE COMMUNITY TOGETHER BY UNDERSTANDING THE MENTAL, PHYSICAL, AND SPIRITUAL NEEDS OF THOSE STRUGGLING AND PROVIDE SUPPORT FOR THOSE IN NEED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Derstine President | 1 | $9,000 | |
John Yoast Vice Preside | 1 | $0 | |
Linda Derstine Secretary | 1 | $0 | |
Rita Landis Treasurer | 1 | $0 | |
Mario Araya Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,890 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $307 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,197 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,889 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $106,431 |
| Total expenses | $128,704 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,010 |
| Other assets | $0 |
| Total assets | $42,680 |
| Total liabilities | $269 |
| Net assets or fund balances | $42,411 |