Hope Renews Inc in Danvers, Massachusetts (MA)

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Hope Renews Inc
Employer Identification Number (EIN)201745035
Name of OrganizationHope Renews Inc
In Care of NameFamily Law
Address300 Rosewood Dr Ste 203, Danvers, MA 01923-1389
SubsectionCharitable Organization
Ruling Date01/2005
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period06/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$293,452
Amount of Income$36,196
Form 990 Revenue Amount$36,196
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Family Services


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Amount of income in 2012: $36,196 (it was $64,056 in 2011)
This organization: 

 $36,196
Other organizations performing similar types of work: 

 $87,774

Assets in 2012: $293,452 (it was $311,024 in 2011)
This organization: 

 $293,452
Other organizations performing similar types of work: 

 $32,098

Expenses in 2012: $51,576
This organization: 

 $51,576
Other organizations performing similar types of work: 

 $86,342

Income to expenses ratio in 2012: 0.7
Hope Renews Inc: 

 0.7
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 81.9%
Hope Renews Inc: 

 81.9%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$36,196
Contributions, gifts, grants, and similar amounts received$29,650
Program service revenue including government fees and contracts$6,176
Membership dues and assessments$0
Investment income$370
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$51,576
Total net assets$293,452
Deficit for the year$-15,380
Net assets or fund balances at beginning of year$306,640
Other changes in net assets or fund balances$2,192
Balance Sheets (for 2012)
Total assets$293,452
Total liabilities$0
Net assets or fund balances$293,452
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$339,023
Gifts, grants, contributions, and membership fees received$316,718
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$22,305
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Valuing Our Children217 Walnut St, Athol, MA 01331-1728MA1997-05$1,081,523
2Tidd Home74 Elm St, Woburn, MA 01801-1859MA1935-02$807,477
3Good Men FoundationC/O Jdj Resources 31 Milk Street, Boston, MA 02109MA2009-08$450,517
4Runway For Recovery Inc65 Middle St, Newburyport, MA 01950-2863MA2011-02$107,731
5Rehoboth Food Pantry Inc127 Martin Street, Rehoboth, MA 02769MA2009-02$98,338
6Pleasant Street Neighborhood Network Center IncNetwork Center Inc 301 Pleasant St, Worcester, MA 01609MA2008-03$86,253
7Timothy Hill Christian Camp Inc128 Norwich Lake, Huntington, MA 01050MA2008-11$77,132
8Teamup IncPO BOX 597, Marblehead, MA 01945-0597MA2005-07$43,971
9Skylur J Spagone Memorial Fund IncPO BOX 130, E Bridgewtr, MA 02333-0130MA2001-10$24,229
10Bright Happy Power Inc49 North Main Street, Ipswich, MA 01938MA2008-03$6,952
11Friends Of Family Services20 Kirtland Street Bldg 1218, Hanscom Afb, MA 01731-2007MA2014-04$6,883
12Wakefield Alliance Against Violence Inc21 Green St, Wakefield, MA 01880-3729MA2008-09$3,148
13Triplets Moms And More Inc71 Lantern Lane, Needham, MA 02492MA1999-07$2,460
14Bentol Development Association, Benda20 Empire Street, Lynn, MA 01902MA2013-08$200
15American Women Foundation285 Third St Apt 212, Cambridge, MA 02142MA2010-08$0
16Babywearing International Inc96 Belmont St, Somerville, MA 02143MA2014-09$0
17Babywearing International Inc, Babywearing International Of The Merrimack Valley10 Longwood Dr Apt 3, Andover, MA 01810MA2010-04$0
18Bedford Family ConnectionPO BOX 636, Bedford, MA 01730-0636MA2015-03$0
19Center For Creative Expression65 Meshacket Way, Vineyard Haven, MA 02568MA2006-09$0
20Center Of Hope Inc116 Florence Street, Springfield, MA 01105MA2001-01$0
Number of organizations performing similar types of work
Alaska10
Alabama95
Arkansas58
Arizona92
California562
Colorado84
Connecticut52
District of Columbia29
Delaware14
Florida418
Georgia302
Hawaii17
Iowa50
Idaho28
Illinois216
Indiana90
Kansas48
Kentucky56
Louisiana91
Massachusetts80
Maryland142
Maine14
Michigan184
Minnesota86
Missouri119
Mississippi57
Montana11
North Carolina230
North Dakota6
Nebraska27
New Hampshire16
New Jersey146
New Mexico31
Nevada49
New York192
Ohio160
Oklahoma55
Oregon53
Pennsylvania170
Rhode Island13
South Carolina90
South Dakota15
Tennessee105
Texas433
Utah28
Virginia96
Vermont13
Washington122
Wisconsin75
West Virginia38
Wyoming11
International22
Total5,201

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