H O P E Collective Inc is located in Atlanta, GA. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H O P E Collective 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, H O P E Collective Inc generated $19.8k in total revenue. All expenses for the organization totaled $16.3k during the year ending 12/2023. While expenses have increased by 157.1% 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ACCESS TO RESOURCES TO UNDERSERVED RURAL COMMUNITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheryl Steadman CEO | 40 | $0 | |
Fonda Patrick Board Member | 0 | $0 | |
Ashlyn Steadman Board Member | 0 | $0 | |
Inez Brown Board Member | 0 | $0 | |
Shay Conyers Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,811 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30 |
| Total Revenue | $19,841 |
| 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 | $7,275 |
| Occupancy, rent, utilities, and maintenance | $368 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,614 |
| Total expenses | $16,257 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,354 |
| Other assets | $0 |
| Total assets | $9,354 |
| Total liabilities | $1,662 |
| Net assets or fund balances | $7,692 |