funder logo

HOPE ADVANCEMENT INC

HOPE ADVANCEMENT INC

Lancaster, PA, US
501(c)3
EIN
32-0360887
Single Organization Support
Regional Funder
funder logo

HOPE ADVANCEMENT INC

Lancaster, PA, US
501(c)3
EIN
32-0360887
Single Organization Support
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$10,370,488

Other
97%
Investments
3%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$356,922

Interest
65%
Other
28%
Grants
5%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$226,372
$345,034
+52%
Other
$12,445,088
$10,025,454
-19%
Total Revenues
$12,671,460
$10,370,488
-18%
Expenses
2023
2024
Change
Grants
$652,158
$18,000
-97%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$2,500
$7,500
+200%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$10
$43
+330%
Interest
$63,579
$230,230
+262%
Depreciation
$0
$0
-
Other
$784,753
$101,149
-87%
Total Expenses
$1,503,000
$356,922
-76%
Net income
2023
2024
Change
Net income
+$11,168,460
+$10,013,566
-10%
Functional Expenses
Summary
2023
2024
Change
Program
$1,444,137
$313,919
-78%
Admin
$58,863
$43,003
-27%
Fundraising
$0
$0
-
Total Expenses
$1,503,000
$356,922
-76%
Income Statement
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