Hopeloft FY2021 filing

Tax-deductible

Bridgeton, NJ501(c)(3)Community DevelopmentEIN 84-3927042

To invest in communities by working alongside people and projects who inspire change, advocate for social justice, and commit to meeting the immediate needs of local children and families.

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
$17K 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
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
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $47K a year · 5% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$17K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$544K
51% of total assets
Fine: liabilities are 51% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$205K
×252 vs prior year
Spent
$105K
To programs
55%
Net assets
$103K
By yearFY2020–FY2024
Revenue
$205K
FY2021▲ ×252
Revenue by fiscal year
FY2020$815
FY2021$205K
FY2022$760K
FY2023$1.1M
FY2024$1.7M
Expenses
$105K
FY2021
Expenses by fiscal year
FY2020Not on file
FY2021$105K
FY2022$830K
FY2023$1.1M
FY2024$1.6M
Net assets
$103K
FY2021▲ ×127
Net assets by fiscal year
FY2020$815
FY2021$103K
FY2022−$40K
FY2023$131K
FY2024$242K

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

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You’re viewing the FY2021 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 2020.

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

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $58K Management & general 54% · $56K

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

Who runs it and what they're paid

3 people listed on the 990; $17K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$13,333Pt VII · Sec A
$3,333Pt VII · Sec A
$0Pt VII · Sec A

Melissa Helmbrecht’s $111K as Executive Di is at the 25th percentile of top reported officer pay among 2832 $1–10M community development 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.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2022FY2021
Melissa Helmbrecht$110,833$63,333$13,333
William Helmbrecht$27,000——
Domenic Merendino——$3,333

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Invests in communities by supporting change-makers, social justice advocates, and programs for local children and families.

Provided by the organization

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3 program services account for $58K of program spending, described in the organization's own filed words · FY2021.
01

Grant writing & journalism focuses on hiring student intern journalist to write stories for following south jersey, which is a hyperlocal news and digital advocacy platform with the mission of informing and engaging the community by shining a spotlight on the plight, challenges, successes and needs of people living in southern new jersey.

$45Kprogram expense
02

Youth advocacy focuses on the principles of family development and communication to help educate and guide children and family members in the aftermath of their crisis and trauma. Youth advocacy provides access to information, services and support in the individuals pursuit of healing and justice.

$13Kprogram expense
03

First star education, formally known as the south jersey first star collaborative partners with rowan university and rutgers university to increase the college graduation rate among foster youth by preparing them through a college exposure program and supporting the whole family with resources, education and life coaching.

Pt IX · col B

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$100K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$205K
Ln 12
Gifts and grantsLn 1h$149K
Other incomeLn 4–11$56K
Money outPt IX
$105K
Ln 25
Programscol B$58K
Managementcol C$56K
Owns and owesPt X
$103K
net assets · Ln 32
Cash and savingsLn 1–2$91K
Total assetsLn 16$1.1M
LiabilitiesLn 26$544K
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$149K
Other incomeLn 4–11$56K
Total revenueLn 12$205K
Assets in detailPt X, end of year
CashLn 1$91K
Cash and savings togetherLn 1–2$91K
Land, buildings, equipmentLn 10c$448K
Total assetsLn 16$1.1M
LiabilitiesLn 26$544K
Net assetsLn 32$103K
OperationsPt I, VI
EmployeesI 57
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$3K$91K
Land, buildings, equipmentLn 10c$448K
Total assetsLn 16$3K$613K
LiabilitiesLn 26$2K$544K
Net assetsLn 32$815$70K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$61K$28K$33K
Payroll taxesLn 10$6K$3K$3K
Accounting feesLn 11c$9K$9K
Advertising and promotionLn 12$6K$3K$3K
Office expensesLn 13$1K$1K
TravelLn 17$4K$4K
InsuranceLn 23$7K$3K$4K
Other expenses (24a–d)Ln 24$19K$17K$2K
All other expensesLn 24e$2$2
Total functional expensesLn 25$114K$58K$56K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.7M$1.6M$111K$242K 990 PDF
FY2023 $1.1M$1.1M$45K$131K 990 PDF
FY2022 $760K$830K−$70K−$40K 990 PDF
FY2021 Viewing $205K$105K$100K$103K 990 PDF
FY2020 $815$815 990 PDF

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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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $182,777 across 4 lines filed
VIII-1f All other contributions, gifts and grants$148,784
VIII-1h Total contributions, gifts and grants$148,784
VIII-6 Net rental income or lossRelated to mission $33,993$33,993
VIII-12 Total revenueRelated to mission $33,993$182,777
Part IX · Statement of functional expenses $114,068 across 9 lines filed
IX-7 Other salaries and wagesPrograms $27,870 · Management $32,915$60,785
IX-10 Payroll taxesPrograms $2,885 · Management $3,408$6,293
IX-11c Accounting feesManagement $9,225$9,225
IX-12 Advertising and promotionPrograms $3,080 · Management $3,080$6,160
IX-13 Office expensesManagement $1,374$1,374
IX-17 TravelPrograms $3,926$3,926
IX-23 InsurancePrograms $3,420 · Management $4,040$7,460
IX-24 Other expenses (24a–d)Programs $16,722 · Management $2,121$18,843
IX-24e All other expensesManagement $2$2
IX-25 Total functional expensesPrograms $57,903 · Management $56,165 · Fundraising $0$114,068
Part X · Balance sheet $613,245 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $3,015$91,390
X-3 Pledges and grants receivable$4,350
X-4 Accounts receivable$67,838
X-9 Prepaid expenses and deferred charges$1,167
X-10c Land, buildings and equipment, net$448,500
X-16 Total assetsStart of year $3,015$613,245
X-17 Accounts payable and accrued expenses$20,074
X-25 Other liabilities$78,007
X-26 Total liabilitiesStart of year $2,200$543,721
X-27 Net assets without donor restrictionsStart of year $815$69,524
X-32 Total net assets or fund balancesStart of year $815$69,524
X-33 Total liabilities and net assetsStart of year $3,015$613,245
Part XI · Reconciliation of net assets $69,524 net assets at year end
XI-1 Total revenue$182,777
XI-2 Total expenses$114,068
XI-3 Revenue less expenses$68,709
XI-4 Net assets at start of year$815
XI-10 Net assets at end of year$69,524

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

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