New Hope Educational Foundation Inc is located in Scottsdale, AZ. The organization was established in 1996. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Educational Foundation 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, New Hope Educational Foundation Inc generated $50.7k 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 (12.9%) each year. All expenses for the organization totaled $21.4k 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
PROVIDE FINANCIAL SUPPORT FOR COUNSELING SERVICES GIVEN TO MINISTRY, CLERGY AND CHRISTIAN FAMILIES.CONDUCT EDUCATIONAL PRESENTATIONS, WORKSHOPS AND SEMINARS FOR MINISTRY FAMILIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph H Earle M Div PHD President | 1 | $0 | |
Marcus R Earle PHD Vp/treasurer | 1 | $0 | |
Reverend Kenneth B Wells Director | 0.5 | $0 | |
Ron Lush Director | 0.5 | $0 | |
C Soozi Bolte Director | 0.5 | $0 | |
Duffy Mcmahon Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,139 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,979 |
| Gain or Loss | $2,491 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $68 |
| Total Revenue | $50,677 |
| 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 | $680 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,764 |
| Total expenses | $21,444 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $219,456 |
| Other assets | $0 |
| Total assets | $222,559 |
| Total liabilities | $0 |
| Net assets or fund balances | $222,559 |