Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

HOPE & MAIN is a nonprofit organization dedicated to supporting local entrepreneurs in launching early-stage food companies and food-related businesses by providing affordable access to shared-use commercial kitchens and specialized technical resources. With an operating budget of $2 million and total revenue of $1.9 million for the 2024 filing year, the organization focuses on urban and economic development, food security, and entrepreneurship. HOPE & MAIN does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to sustain its mission. For more information, visit their website at Makefoodyourbusiness.org.

Mission Statement

TO HELP LOCAL ENTREPRENEURS JUMP-START EARLY-STAGE FOOD COMPANIES AND FOOD RELATED BUSINESSES BY PROVIDING LOW COST, LOW RISK ACCESS TO SHARED-USE COMMERCIAL KITCHENS AND OTHER INDUSTRY-SPECIFIC TECHNICAL RESOURCES.
Revenues
$1.9M
Expenses
$2M
Net Income:
-$139.7K
Assets
$2.9M
Liabilities
$3.7M
Net Assets:
-$782.5K
Operating Budget
$2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
13
Median grant size
$7.1K
Largest grant received
$513.1K
K
Kyle Adamonis
Board Member
K
Ken Banalewicsz
Board Member
W
William Bigelow
Board Member

Frequently Asked Questions

What is HOPE & MAIN’s budget?
In 2024, HOPE & MAIN reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does HOPE & MAIN support?
HOPE & MAIN supports work in Agriculture, Fishing and aquaculture, Food security, Business promotion, Entrepreneurship, Manufacturing, Social enterprise, Transport and storage, Economic development, Financial services, and Urban development.
Where does HOPE & MAIN operate?
HOPE & MAIN is headquartered in Warren, RI.
Who funded HOPE & MAIN recently?
In 2025, HOPE & MAIN received grants from TD CHARITABLE FOUNDATION, UNITED WAY OF RHODE ISLAND INC, and RALPH R PAPITTO & BARBARA A PAPITTO PRIVATE FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant HOPE & MAIN received in 2024?
The largest grant to HOPE & MAIN in 2024 exceeds $513 thousand.