The Hope Station, Inc.
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$356,000.00
Projected Expenses
$247,080.00
Organizational Budgets and Other Documents
Hope Station Budget | 2024 |
Budget | 2023 |
Hope Station | 2022 |
Budget | 2021 |
2020 Budget | 2020 |
2019 Budget | 2019 |
2018 Budget | 2018 |
2017 Budget | 2017 |
IRS Letter of Exemption
IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total Revenue | $407,096.00 | $430,591.00 | $452,231.00 |
Total Expenses | $385,996.00 | $511,673.00 | $406,806.00 |
Revenue Less Expenses | $21,100.00 | ($81,082.00) | $45,425.00 |
Revenue Sources
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Foundation and Corporation Contributions | $220,500.00 | $90,000.00 | $0.00 |
Government - Federal | $0.00 | $0.00 | $0.00 |
Government - State | $0.00 | $0.00 | $0.00 |
Government - Local | $0.00 | $85,200.00 | $0.00 |
Government - Unspecified | $157,796.00 | $203,658.00 | $0.00 |
Contributions, Gifts, and Grants | $0.00 | $0.00 | $123,196.00 |
Indirect Public Support | $0.00 | $0.00 | $0.00 |
Earned Revenue | $0.00 | $0.00 | $0.00 |
Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
Membership Dues | $0.00 | $0.00 | $0.00 |
Special Events | $28,800.00 | $51,733.00 | $50,396.00 |
Revenue In-Kind | $0.00 | $0.00 | $0.00 |
Other | $0.00 | $0.00 | $278,639.00 |
Expense Allocation
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Program Expense | $81,664.00 | $439,007.00 | $349,165.00 |
Administration Expense | $304,332.00 | $72,666.00 | $57,641.00 |
Fundraising Expense | $0.00 | $0.00 | $0.00 |
Total Revenue/Total Expenses | 105% | 84% | 111% |
Program Expense/Total Expenses | 21% | 86% | 86% |
Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Top Funding Source & Dollar Amount | Foundation and Corporations $220,500.00 | Government Grants $203,658.00 | Related Organizations $278,639.00 |
Second Highest Funding Source & Dollar Amount | Government Grants $157,796.00 | Foundation and Corporations $90,000.00 | Contributions, Gifts, and Grants $123,196.00 |
Third Highest Funding Source & Dollar Amount | Fundraising Events $28,800.00 | Local Government Grants $85,200.00 | Fundraising Events $50,396.00 |
Assets and Liabilities
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total Assets | $86,904.00 | $215,158.00 | $142,826.00 |
Current Assets | $85,452.00 | $213,058.00 | $140,850.00 |
Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Current Liabilities | $500.00 | $153,414.00 | $0.00 |
Total Net Assets | $86,404.00 | $61,744.00 | $142,826.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2025
Form 990s
990 | 2023 |
Hope2022 | 2022 |
Hope2021 | 2021 |
2020 990 | 2020 |
990 | 2019 |
2018 990 | 2018 |
2017 990 | 2017 |
2016 990N | 2016 |
2015 990N | 2015 |
Audit Documents
2022 | 2022 |
Hope Station | 2021 |
Audit | 2020 |
Foundation Staff Comments
Financial figures taken from the Form 990, which was prepared by SPD, CPAs. In some years, foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amount are not separated in Form 990. Comments provided by Nicole Rose 07/12/2024. |