Hope United Inc
- Assets
- $203.0k
- Revenue
- $255.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Oklahoma City, OK
- Founding
- Data as of
- 12/2022
- EIN
- 85-3986141
Organization Overview
Hope United Inc is located in Oklahoma City, OK. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Hope United Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope United 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 12/2022, Hope United Inc generated $255.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $208.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE A COMMUNITY OF SUPPORT FOR UNDERSERVED KIDS, THEIR FAMILIES, AND EDUCATORS IN OUR PUBLIC SCHOOLS BY UNIFYING THE RESOURCES OF CHURCHES, NON-PROFIT ORGANIZATIONS, LOCAL BUSINESSES, AND OTHER SUPPORTING ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR COMMUNITY AND FAMILY ENGAGEMENT PROGRAM OR CAFE IS WHERE THE SCHOOL PRINCIPAL EXPRESSES NEEDS TO THEIR VILLAGE AND A COLLABORATIVE EFFORT IS MADE TO MEET THOSE NEEDS. WE WERE ABLE TO PROVIDE GROCERIES AND GIVEAWAY ITEMS TO OVER 300 FAMILIES.
OUR LOVE OUR SCHOOLS DAY EVENT BRINGS COMMUNITY PARTNERS TOGETHER TO MEET THE SCHOOL'S MOST PRESSING NEEDS. THIS MAY INCLUDE FACILITY BEAUTIFICATION, MEALS OR SERVICES FOR STAFF, FIELD TRIPS, TUTORING, STEM EDUCATION AND MORE. PROJECTS ARE DETERMINED AT A PRE-EVENT MEETING WHERE THE PRINCIPAL SHARES THE SCHOOL'S NEEDS WITH PARTNERS. OUR MOST RECENT SERVICE EVENT WAS A BEAUTIFICATION EFFORT FOR ROGERS ELEMENTARY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Stover Board Chair | Trustee | 3 | $0 |
Ken Grant Executive Committee | Trustee | 1 | $0 |
Denyvetta Davis Governance Nomination | Trustee | 1 | $0 |
Masie Bross Marketing & Fundraising | Trustee | 1 | $0 |
Tom Richards Members | Trustee | 1 | $0 |
Estela Hernandez Members | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $255,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $255,220 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $255,220 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,396 |
| Compensation of current officers, directors, key employees. | $10,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,412 |
| Pension plan accruals and contributions | $1,200 |
| Other employee benefits | $0 |
| Payroll taxes | $13,789 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,438 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,650 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $744 |
| Office expenses | $103 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,136 |
| Travel | $3,150 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $13 |
| Total functional expenses | $208,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,993 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $202,993 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $202,993 |
| Total liabilities and net assets/fund balances | $202,993 |