Hope Chest For Women Inc in Asheville, North Carolina (NC)

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Hope Chest For Women Inc
Employer Identification Number (EIN)331033038
Name of OrganizationHope Chest For Women Inc
In Care of NameMariann Smith
Address375 Hendersonville Rd, Asheville, NC 28803-2749
SubsectionCharitable Organization
Ruling Date04/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$82,291
Amount of Income$166,016
Form 990 Revenue Amount$141,048
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose


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Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$123,929$144,422$141,048
Contributions, gifts, grants, and similar amounts received$98,494$93,499$104,975
Program service revenue including government fees and contracts$12,640$11,150$0
Membership dues and assessments$0$0$0
Investment income$124$90$63
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$11,867$39,518$36,010
Gross income from gaming$0$0$0
Gross income from fundraising events$22,586$49,218$60,978
Less: direct expenses from gaming and fundraising events$10,719$9,700$24,968
Gross profit/loss from sales of inventory$383$165$0
Other revenue$421$0$0
Total expenses$145,416$128,169$137,160
Total net assets$56,421$72,674$76,562
Excess/Deficit for the year$-21,487$16,253$3,888
Net assets or fund balances at beginning of year$77,908$56,421$72,674
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$72,674$76,562
Balance Sheets
201120122013
Total assets$58,921$77,137$82,291
Total liabilities$2,500$4,463$5,729
Net assets or fund balances$56,421$72,674$76,562
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
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)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$353,141
Subtotal Support$492,878
Gifts, grants, contributions, and membership fees received$492,878
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$139,737
Total Support$493,649
Public Support$492,878
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$771
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$0$0$0
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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