Giving Hope Foundation in Lovingston, Virginia (VA)
Table of contents:
| Giving Hope Foundation | |
| Employer Identification Number (EIN) | 454170000 |
| Name of Organization | Giving Hope Foundation |
| Address | PO BOX 464, Lovingston, VA 22949-0464 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2012 |
| 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 | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $9,320 |
| Amount of Income | $34,728 |
| Form 990 Revenue Amount | $25,071 |
| National Taxonomy of Exempt Entities (NTEE) | Health - General and Rehabilitative: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2013: $34,728 (it was $20,378 in 2012)
| Giving Hope Foundation: | $34,728 |
| Other organizations performing similar types of work: | $100,423 |
Assets in 2013: $9,320 (it was $4,572 in 2012)
| Giving Hope Foundation: | $9,320 |
| Other organizations performing similar types of work: | $79,295 |
Expenses in 2013: $20,323
| Giving Hope Foundation: | $20,323 |
| Other organizations performing similar types of work: | $57,717 |
Income to expenses ratio in 2013: 1.7
| Giving Hope Foundation: | 1.7 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 54.4%
| Giving Hope Foundation: | 54.4% |
| Other organizations performing similar types of work: | 19.8% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $16,794 | $25,071 |
| Contributions, gifts, grants, and similar amounts received | $5,984 | $13,632 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $1 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $10,810 | $11,438 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $14,394 | $21,095 |
| Less: direct expenses from gaming and fundraising events | $3,584 | $9,657 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $12,222 | $20,323 |
| Total net assets | $4,572 | $9,320 |
| Excess/Deficit for the year | $4,572 | $4,748 |
| Net assets or fund balances at beginning of year | $0 | $4,572 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $4,572 | $9,320 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $4,572 | $9,320 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $4,572 | $9,320 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| 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 |
| 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 |
| Gross receipts for public use of club facilities | $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 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $55,105 |
| Subtotal | $55,105 |
| Gifts, grants, contributions, and membership fees received | $19,616 |
| 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 | $35,489 |
| 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 | $55,106 |
| Public support | $55,105 |
| Subtotal | $1 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
Young Presidents Organization Inc, Ypo Northern Virginia Chapter Inc in Newport News, VA
  |
| Mountain Tails Animal Rescue in Dublin, VA |
|
The Mcclinton Foundation in Covington, VA
|
|
Cooper Trash Parkout Inc in Mclean, VA
|
|
Virginia Beach Policemens Benevolent Association Inc in Virginia Bch, VA
|
| Charlotte County Farm Bureau in Charlotte C H, VA |
| Carol W Pruner Charitable Remainder Unitrust, Pruner Todd W & Carol W Pruner Ttee in Roanoke, VA |
|
Kempsville Volunteer Rescue Squad in Virginia Bch, VA
|
|
Dulles South Food Pantry in Dulles, VA
|
|
Pomegranate Library Inc in Virginia Beach, VA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Joey Pizzano Memorial Fund Inc | 1019 Cameron St, Alexandria, VA 22314-2426 | VA | 2001-03 | $217,473 |
| 2 | Agrupaciones Del Oriente Boliviano Usa, Agrobol | 5509 Ventnor Ln, Springfield, VA 22151 | VA | 2010-04 | $57,470 |
| 3 | Giving Hope Foundation | PO BOX 464, Lovingston, VA 22949-0464 | VA | 2012-05 | $34,728 |
| 4 | Asha International Inc | 1682 Monet Hl, Charlottesville, VA 22911 | VA | 2014-03 | $29,108 |
| 5 | Bryson Fanning Foundation | 485 Brandon Dr, Bluefield, VA 24605-9348 | VA | 2010-04 | $0 |
| 6 | Celerity Cycling | 3811 Columbus Ave, Norfolk, VA 23504 | VA | 2012-04 | $0 |
| 7 | Crafting Life Inc | 8280 Greensboro Dr Ste 601, Mc Lean, VA 22102-3807 | VA | 2015-02 | $0 |
| 8 | Daniel Brady Memorial | 132 Downing Drive, Chesapeake, VA 23322 | VA | 2011-08 | $0 |
| 9 | Good Doctors Foundation | Po Box 1120, Ashland, VA 23005 | VA | 2011-06 | $0 |
| 10 | Grenadians United In Virginia | Po Box 2287, Virginia Beach, VA 23452 | VA | 2015-03 | $0 |
| 11 | Juliet Grace Smith Foundation Inc | 5238 36th Street North, Arlington, VA 22207 | VA | 2014-07 | $0 |
| 12 | Mid Atlantic Fallen Ridersfoundation Inc | PO BOX 543, Rocky Mount, VA 24151-0543 | VA | 2007-11 | $0 |
| 13 | Mission Seva Inc | 5025a Backlick Road, Annandale, VA 22003-6044 | VA | 2014-10 | $0 |
| 14 | Movin And Groovin 5k Incorporated | 4204 Springhill Ave, Richmond, VA 23225 | VA | 2010-05 | $0 |
| 15 | Owen Lea Foundation | Po Box 5259, Fredericksburg, VA 22403 | VA | 2014-07 | $0 |
| 16 | Patrick Henry Liberty Foundation | Po Box 1776, Studley, VA 23162 | VA | 2013-12 | $0 |
| 17 | Peachtree Medical Services Foundation | Po Box 603, Annandale, VA 22003 | VA | 2007-03 | $0 |
| 18 | Peter Decker Childrens Charity Inc | 109 E Main Street Apt 200, Norfolk, VA 23510 | VA | 2014-07 | $0 |
| 19 | Project Hope A Non-Profit Corporation, Project Hope | 10551 Chalkley Rd, N Chesterfld, VA 23237-4132 | VA | 2015-04 | $0 |
| 20 | Rjr Patrick County Memorial Hospital Auxiliary | 18688 Jeb Stuart Hwy, Stuart, VA 24171-1559 | VA | 2005-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,111 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Giving Hope Foundation »
Non-representatives - add comments about Giving Hope Foundation»