Overview

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Est.

2021

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

HOPE RESTORES CORPORATION is a nonprofit focused on supporting, advocating for, listening to, and bridging gaps between African Americans in its community, with services aimed at helping people of color access resources that meet their needs. In filing year 2024, it operated with a budget of $460.4K and revenue of $380.9K, with reported funding from LA CROSSE COMMUNITY FOUNDATION, GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES INC, and MAYO CLINIC GROUP RETURN.

Mission Statement

OUR PURPOSE IS TO SUPPORT, ADVOCATE, LISTEN, AND BRIDGE THE GAP BETWEEN AFRICAN AMERICANS IN OUR COMMUNITY. ALL OF OUR SERVICES AIM TO HELP PEOPLE OF COLOR RECEIVE RESOURCES THAT SUPPORT THEIR NEEDS.
Revenues
$380.9K
Expenses
$460.4K
Net Income:
-$79.5K
Assets
$261
Liabilities
$48.5K
Net Assets:
-$48.2K
Operating Budget
$460.4K
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
4
Median grant size
$24.1K
Largest grant received
$41.6K
A
Anna Zakem
Board Member
P
Peter Nelson
Board Member
V
Vanessa Daughteroflois
Board Member
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  • 5 funders
  • 13 board & team members
  • 4 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is HOPE RESTORES CORPORATION’s budget?
In 2024, HOPE RESTORES CORPORATION reported an annual operating budget of around $460 thousand. More detailed financial information is available to registered users.
Where does HOPE RESTORES CORPORATION operate?
HOPE RESTORES CORPORATION is headquartered in La Crosse, WI.
Who funded HOPE RESTORES CORPORATION recently?
In 2024, HOPE RESTORES CORPORATION received grants from LA CROSSE COMMUNITY FOUNDATION, GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES INC, and MAYO CLINIC GROUP RETURN. More information on this organization’s funders is available to registered users.
What is the largest grant HOPE RESTORES CORPORATION received in 2024?
The largest grant to HOPE RESTORES CORPORATION in 2024 exceeds $42 thousand.
What is HOPE RESTORES CORPORATION’s reliance on government grants?
HOPE RESTORES CORPORATION relied on government grants for more than 60% of their total revenue in 2024.