Hope Well Foundation is located in Knoxville, TN. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, 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. Hope Well Foundation 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, Hope Well Foundation generated $101.2k in total revenue.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2022 WE CREATED A BOARD OF DIRECTORS AND RECEIVED OUR FIRST $10,000 DONATION FROM A COMMUNITY PHILANTHROPER.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reico Hopewell Executive Dir. | 0 | $0 | |
Walter Simpson Jr Secretary | 0 | $0 | |
Joshalan Jordan Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,216 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,216 |
| 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 | $99,677 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,701 |
| Total expenses | $111,378 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38 |
| Other assets | $0 |
| Total assets | $38 |
| Total liabilities | $0 |
| Net assets or fund balances | $38 |