Hike For Hope Foundation Inc in Aspen, Colorado (CO)

Hike For Hope Foundation Inc
Employer Identification Number (EIN)	203596738
Name of Organization	Hike For Hope Foundation Inc
In Care of Name	Carole Sharp
Address	936 W Francis St, Aspen, CO 81611-3104
Subsection	Charitable Organization
Ruling Date	07/2006
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2014
Assets	$25,000 to $99,999
Income	$25,000 to $99,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$53,230
Amount of Income	$79,452
Form 990 Revenue Amount	$79,452
National Taxonomy of Exempt Entities (NTEE)	Diseases, Disorders, Medical Disciplines: Single Organization Support

Non-representatives - add comments:

Amount of income in 2014: $79,452 (it was $51,874 in 2013)

Hike For Hope Foundation Inc:	$79,452
Other organizations performing similar types of work:	$45,501

Assets in 2014: $53,230 (it was $24,230 in 2013)

Hike For Hope Foundation Inc:	$53,230
Other organizations performing similar types of work:	$53,230

Expenses in 2013: $105,891

Hike For Hope Foundation Inc:	$105,891
Other organizations performing similar types of work:	$42,974

Income to expenses ratio in 2013: 0.8

This organization:	0.8
Other organizations performing similar types of work:	1.1

Grants share in income in 2013: 100.0%

Hike For Hope Foundation Inc:	100.0%
Other organizations performing similar types of work:	11.3%

Financial snapshot ($)

Revenue for 2013

Support schedule

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$50,845	$38,212	$51,874
Contributions, gifts, grants, and similar amounts received	$50,772	$38,058	$51,873
Program service revenue including government fees and contracts	$0	$0	$0
Membership dues and assessments	$0	$0	$0
Investment income	$73	$154	$1
Gain/Loss from sale of assets other than inventory	$0	$0	$0
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross profit/loss from sales of inventory	$0	$0	$0
Other revenue	$0	$0	$0
Total expenses	$50,431	$25,175	$105,891
Total net assets	$62,300	$75,337	$21,727
Excess/Deficit for the year	$414	$13,037	$-54,017
Net assets or fund balances at beginning of year	$61,886	$62,300	$75,744
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$75,337	$21,727

	2011	2012	2013
Balance Sheets
Total assets	$62,697	$75,744	$24,230
Total liabilities	$397	$407	$2,503
Net assets or fund balances	$62,300	$75,337	$21,727

	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No
Were any significant changes made to the organizing or governing documents?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No
Amount of political expenditures, direct or indirect		$0	$0
Did the organization file Form 1120-POL for this year?		No	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		No	No
Total amount involved		$0	$0
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
Public support	$271,162
Subtotal	$271,162
Gifts, grants, contributions, and membership fees received	$271,162
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	$0
Gross receipts from activities that are not an unrelated trade or business under section 513	$0
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
Less	$0
Amounts received from disqualified persons	$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support	$0
Total support	$271,464
Public support	$271,162
Subtotal	$302
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$302
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$0
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Hike For Hope Foundation Inc	936 W Francis St, Aspen, CO 81611-3104	CO	2006-07	$79,452
2	Dancing With Dystrophy, Children's Neuromuscular Foundation Of Louisiana	42 Crane Street, New Orleans, LA 70124	LA	2009-02	$65,374
3	Kentucky Osteopathic Medical Association	2424 American Ln, Madison, WI 53704-3102	WI	2002-10	$58,475
4	Brave Dave Open Inc	10907 Orleans Way, Kensington, MD 20895-1113	MD	2002-02	$45,501
5	Florida Epilepsy Alliance Inc	3811 W Sligh Ave, Tampa, FL 33614-3901	FL	2012-04	$11,202
6	Colorado Classic Horse Show	9301 Las Ramblas C Unit A, Parker, CO 80134	CO	1983-02	$8,466
7	Eileen Frank Als Foundation Inc	44 Doncaster Road, Cherry Hill, NJ 08003	NJ	2006-10	$1,256
8	Charles L Shor Foundation For Epilepsy Research Inc	4030 Smith Rd Ste 130, Cincinnati, OH 45209-1937	OH	2002-12	$286
9	Kentucky Osteopathic Medical Association Foundation Inc	2424 American Lane, Madison, WI 53704	WI	2002-10	$0
10	Team West U	2519 Rice Blvd, Houston, TX 77005-3220	TX	2003-01	$0

Number of organizations performing similar types of work

Colorado	2
Florida	1
Louisiana	1
Maryland	1

New Jersey	1
Ohio	1
Texas	1
Wisconsin	2

Total

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