Hope Center INC FY2021 filing

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Serve the basic needs of financial assistance, food, clothing and child care in Waukesha County, Wisconsin. The Center is continually working to provide better solutions to handle the growing need in Waukesha

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-1585261) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$78K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $212K a year · 19% of revenue · last 4 filings
A surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
91%
of spending
91% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$78K
to officers and key staff · 10% of spending
Pay to officers and key staff is 10% of spending.
Part VII, Section A
17.5 mo
of spending, in cash
17.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $116K
8 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$22K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
15
of 15 voting members
15 of 15 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.1M
+33% vs prior year
Spent
$769K
To programs
91%
Net assets
$1.9M
By yearFY2020–FY2023
Revenue
$1.1M
FY2021▲ +33%
Tap a bar for its year
Revenue by fiscal year
FY2020$821K
FY2021$1.1M
FY2022$1.1M
FY2023$1.5M
Expenses
$769K
FY2021▲ +31%
Tap a bar for its year
Expenses by fiscal year
FY2020$585K
FY2021$769K
FY2022$1.0M
FY2023$1.3M
Net assets
$1.9M
FY2021▲ +21%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.9M
FY2022$1.9M
FY2023$2.1M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Sep 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $700K Management & general 3% · $25K Fundraising 6% · $44K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $78K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$77,547Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Hope Center INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides financial aid, food, clothing, and childcare to Waukesha County residents.

Questions for Hope Center INC

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1 program · $700K · in their own filed words · FY2021
01

Programs

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 39-1585261) · Dispute this line
$700Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 1 grant · $16K · 2020–2020
Unitemized GrantFY2020$16,052

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$8K
Other incomeLn 4–11$3K
Money outPt IX
$769K
Ln 25
Programscol B$700K
Managementcol C$25K
Fundraisingcol D$44K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.9M
LiabilitiesLn 26$22K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Government grantsLn 1e$136K
Investment incomeLn 3$8K
Other incomeLn 4–11$3K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Accounts receivableLn 4$65K
Inventories for sale or useLn 8$21K
Prepaid expenses and deferred chargesLn 9$1K
Land, buildings, equipmentLn 10c$615K
Other assetsLn 15$55K
Total assetsLn 16$1.9M
LiabilitiesLn 26$22K
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 515
VolunteersI 6400
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$765K$1.1M
Land, buildings, equipmentLn 10c$644K$615K
Total assetsLn 16$1.6M$1.9M
LiabilitiesLn 26$19K$22K
Net assetsLn 32$1.5M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$30K$30K
Other salaries and wagesLn 7$353K$329K$18K$7K
Payroll taxesLn 10$27K$24K$2K$707
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$49K$49K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$8K$8K
OccupancyLn 16$19K$19K
TravelLn 17$5K$5K
Conferences, conventions and meetingsLn 19$3K$3K$160$64
InterestLn 20$29$29
Depreciation, depletion and amortizationLn 22$29K$29K
InsuranceLn 23$17K$16K$868$347
Other expenses (24a–d)Ln 24$221K$185K$36K
Total functional expensesLn 25$769K$700K$25K$44K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Oct 15, 2024 $1.5M$1.3M$219K$2.1M 990 PDF
FY2022Filed with the IRS May 10, 2023 $1.1M$1.0M$71K$1.9M 990 PDF
FY2021 ViewingFiled with the IRS Jul 13, 2022 $1.1M$769K$322K$1.9M 990 PDF
FY2020Filed with the IRS Jul 21, 2021 $821K$585K$235K$1.5M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $1,091,074 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $641,962$1,080,470
I-9 Program service revenue$0
I-10 Investment incomePrior year $7,463$7,612
I-11 Other revenuePrior year $171,423$2,992
I-12 Total revenuePrior year $820,848$1,091,074
I-13 Grants and similar amounts paidPrior year $16,052$30,325
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $398,190$380,249
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $171,197$358,496
I-18 Total expensesPrior year $585,439$769,070
I-19 Revenue less expensesPrior year $235,409$322,004
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,091,074 across 6 lines filed
VIII-1e Government grants$135,735
VIII-1f All other contributions, gifts and grants$944,735
VIII-1h Total contributions, gifts and grants$1,080,470
VIII-3 Investment incomeRelated to mission $7,612$7,612
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,992$2,992
VIII-12 Total revenueRelated to mission $10,604 · Unrelated business $0 · Excluded from tax $0$1,091,074
Part IX · Statement of functional expenses $769,070 across 14 lines filed
IX-2 Grants to domestic individualsPrograms $30,325$30,325
IX-7 Other salaries and wagesPrograms $328,704 · Management $17,672 · Fundraising $7,069$353,445
IX-10 Payroll taxesPrograms $24,330 · Management $1,767 · Fundraising $707$26,804
IX-11c Accounting feesManagement $4,520$4,520
IX-11g Other fees for servicesPrograms $49,331$49,331
IX-12 Advertising and promotionPrograms $1,488$1,488
IX-13 Office expensesPrograms $8,388$8,388
IX-16 OccupancyPrograms $19,361$19,361
IX-17 TravelPrograms $4,540$4,540
IX-19 Conferences, conventions and meetingsPrograms $2,968 · Management $160 · Fundraising $64$3,192
IX-20 InterestManagement $29$29
IX-22 Depreciation, depletion and amortizationPrograms $29,090$29,090
IX-23 InsurancePrograms $16,145 · Management $868 · Fundraising $347$17,360
IX-24 Other expenses (24a–d)Programs $184,996 · Fundraising $36,201$221,197
IX-25 Total functional expensesPrograms $699,666 · Management $25,016 · Fundraising $44,388$769,070
Part X · Balance sheet $1,877,189 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $765,411$1,120,244
X-4 Accounts receivableStart of year $72,485$65,003
X-8 Inventories for sale or useStart of year $20,532$20,532
X-9 Prepaid expenses and deferred chargesStart of year $719$1,135
X-10c Land, buildings and equipment, netStart of year $644,461$615,372
X-15 Other assetsStart of year $48,628$54,903
X-16 Total assetsStart of year $1,552,236$1,877,189
X-17 Accounts payable and accrued expensesStart of year $19,209$22,158
X-26 Total liabilitiesStart of year $19,209$22,158
X-27 Net assets without donor restrictionsStart of year $1,533,027$1,855,031
X-32 Total net assets or fund balancesStart of year $1,533,027$1,855,031
X-33 Total liabilities and net assetsStart of year $1,552,236$1,877,189
Part XI · Reconciliation of net assets $1,855,031 net assets at year end
XI-1 Total revenue$1,091,074
XI-2 Total expenses$769,070
XI-3 Revenue less expenses$322,004
XI-4 Net assets at start of year$1,533,027
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,855,031

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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