A Future with Hope INC FY2020 filing

Tax-deductible

Neptune, NJ501(c)(3)Human ServicesEIN 80-0883260Revenue $357K in FY2020

On file with the IRSafuturewithhope.org205 Jumping Brook Rd, 07753-3197 · Neptune, NJTax-exempt since Jun 2013Publicly supported — 509(a)(2)

Tell your story. Claim this org

To respond to any emergencies and/or designated struggles affecting the greater NJ annual conference of the united methodist church, including providing long term assistance.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
$106K 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

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$106K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $16
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$143K
73% of total assets
Worth a look: liabilities are 73% of assets; over 65%.
Pt X · Ln 26
Independent board members
13
of 14 voting members
Looks good: 13 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$357K
Spent
$363K
To programs
62%
Net assets
$53K
By yearFY2020–FY2024
Revenue
$357K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$357K
FY2022$155
FY2023$5K
FY2024$6K
Net assets
$53K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$53K
FY2022$112K
FY2023$115K
FY2024$117K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2013.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $225K Management & general 38% · $138K

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

Something off? Claim to fix it

Who runs it and what they're paid

14 people listed on the 990; $106K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$105,964Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Richard Reinhard’s $106K as Executive Di is at the 98th percentile of top reported officer pay among 202 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See A Future with Hope INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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

Helps United Methodist Church members facing emergencies and struggles with immediate and long-term support.

Questions for A Future with Hope INC

Tap to ask. A Future with Hope INC sees how many people are interested.

Your first name shows with your question. A Future with Hope INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $225K · in their own filed words · FY2020
01

The organization's "communities of hope" program is about community development. Community development activity may focus in three areas: 1.ENGAGING congregations and communities in communities of hope training.

$225Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$16
Grants paid · 4 grants · $45K · 2020–2020
All Other Grants Under 5000FY2020$17,000
Atlantic Heights Navesink UmcNJ · FY2020$10,000
Malaga UmcFY2020$10,000
Aldergate UmcNJ · FY2020$8,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$357K
Ln 12
Gifts and grantsLn 1h$353K
Fees for servicesLn 2g$4K
Investment incomeLn 3$16
Money outPt IX
$363K
Ln 25
Programscol B$225K
Managementcol C$138K
Owns and owesPt X
$53K
net assets · Ln 32
Cash and savingsLn 1–2$113K
Total assetsLn 16$196K
LiabilitiesLn 26$143K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$353K
Government grantsLn 1e$75K
Fees for servicesLn 2g$4K
Investment incomeLn 3$16
Total revenueLn 12$357K
Assets in detailPt X, end of year
CashLn 1$113K
Cash and savings togetherLn 1–2$113K
InvestmentsLn 11–13$4K
Total assetsLn 16$196K
LiabilitiesLn 26$143K
Net assetsLn 32$53K
OperationsPt I, VI
EmployeesI 54
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 FY20End FY20
Cash and savingsLn 1–2$17K$113K
InvestmentsLn 11–13$4K$4K
Total assetsLn 16$124K$196K
LiabilitiesLn 26$20K$143K
Net assetsLn 32$104K$53K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$50K$50K
Pay of current officers, directors and key staffLn 5$130K$26K$104K
Other salaries and wagesLn 7$98K$98K
Pension plan contributionsLn 8$9K$9K
Other employee benefitsLn 9$7K$7K
Payroll taxesLn 10$20K$11K$9K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$13K$13K
Office expensesLn 13$2K$848$722
Information technologyLn 14$2K$875$747
TravelLn 17$3K$1K$1K
Conferences, conventions and meetingsLn 19$644$348$296
InsuranceLn 23$12K$6K$5K
Other expenses (24a–d)Ln 24$15K$15K
Total functional expensesLn 25$363K$225K$138K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6K$117K 990 PDF
FY2023 $5K$115K 990 PDF
FY2022 $155$112K 990 PDF
FY2021 Not on file
FY2020 Viewing $357K$363K−$6K$53K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $357,369 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $243,732$352,853
I-9 Program service revenue$4,500
I-10 Investment incomePrior year $272$16
I-11 Other revenue$0
I-12 Total revenuePrior year $244,004$357,369
I-13 Grants and similar amounts paidPrior year $13,723$50,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $250,381$264,204
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $203,206$48,995
I-18 Total expensesPrior year $467,310$363,199
I-19 Revenue less expensesPrior year −$223,306−$5,830
Part VI · Governance 13 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members13
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 $357,369 across 7 lines filed
VIII-1d Related organizations$277,353
VIII-1e Government grants$75,000
VIII-1f All other contributions, gifts and grants$500
VIII-1h Total contributions, gifts and grants$352,853
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $4,500$4,500
VIII-3 Investment incomeExcluded from tax $16$16
VIII-12 Total revenueExcluded from tax $4,516$357,369
Part IX · Statement of functional expenses $363,199 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $50,000$50,000
IX-5 Pay of current officers, directors and key staffPrograms $25,948 · Management $103,792$129,740
IX-7 Other salaries and wagesPrograms $98,172$98,172
IX-8 Pension plan contributionsPrograms $8,879$8,879
IX-9 Other employee benefitsPrograms $7,026$7,026
IX-10 Payroll taxesPrograms $11,009 · Management $9,378$20,387
IX-11b Legal feesManagement $3,428$3,428
IX-11c Accounting feesManagement $12,750$12,750
IX-13 Office expensesPrograms $848 · Management $722$1,570
IX-14 Information technologyPrograms $875 · Management $747$1,622
IX-17 TravelPrograms $1,431 · Management $1,219$2,650
IX-19 Conferences, conventions and meetingsPrograms $348 · Management $296$644
IX-23 InsurancePrograms $6,305 · Management $5,371$11,676
IX-24 Other expenses (24a–d)Programs $14,655$14,655
IX-25 Total functional expensesPrograms $225,496 · Management $137,703 · Fundraising $0$363,199
Part X · Balance sheet $195,968 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $17,013$112,783
X-4 Accounts receivableStart of year $99,356$76,642
X-9 Prepaid expenses and deferred chargesStart of year $4,038$2,757
X-12 Other securitiesStart of year $3,769$3,786
X-16 Total assetsStart of year $124,176$195,968
X-17 Accounts payable and accrued expensesStart of year $20,035$78,902
X-24 Unsecured notes and loans payable$64,192
X-26 Total liabilitiesStart of year $20,035$143,094
X-27 Net assets without donor restrictionsStart of year $43,501$37,669
X-28 Net assets with donor restrictionsStart of year $60,640$15,205
X-32 Total net assets or fund balancesStart of year $104,141$52,874
X-33 Total liabilities and net assetsStart of year $124,176$195,968
Part XI · Reconciliation of net assets $52,874 net assets at year end
XI-1 Total revenue$357,369
XI-2 Total expenses$363,199
XI-3 Revenue less expenses−$5,830
XI-4 Net assets at start of year$104,141
XI-8 Prior period adjustments−$45,435
XI-9 Other changes in net assets−$2
XI-10 Net assets at end of year$52,874

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.