Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $41,000

• 1d · Related organizations

  $5,000

• 1e · Government grants (contributions)

  $11,927,413

• 1f · All other contributions, gifts and grants

  $17,748,392

• 1g · Noncash contributions included above

  $156,288

• 2a · Program service revenue: Patient Service Revenue

  total $39,838,096 · related or exempt $39,838,096

• 2f · All other program service revenue

  total $42,262 · related or exempt $42,262

• 3 · Investment income

  total $575,708 · excluded $575,708

• 7b · Less cost or other basis and sales expenses

  other assets $10,728

• 7c · Gain or loss

  other assets -$10,728

• 7d · Net gain or loss

  total -$10,728 · excluded -$10,728

• 8a · Fundraising events: gross income

  $0

• 8a · Fundraising events: contributions included on line 1c

  $41,000

• 8b · Fundraising events: direct expenses

  $263

• 8c · Net income from fundraising events

  total -$263 · excluded -$263

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $744,231 · program services $744,231

• 5 · Compensation of officers, directors and key employees

  total $754,818 · program services $133,130 · management and general $621,688

• 7 · Other salaries and wages

  total $17,588,884 · program services $15,293,893 · management and general $1,916,466 · fundraising $378,525

• 8 · Pension plan contributions

  total $539,016 · program services $499,674 · management and general $28,081 · fundraising $11,261

• 9 · Other employee benefits

  total $2,815,883 · program services $2,439,583 · management and general $312,279 · fundraising $64,021

• 10 · Payroll taxes

  total $1,575,952 · program services $1,387,477 · management and general $154,362 · fundraising $34,113

• 11b · Fees: legal

  total $13,800 · management and general $13,800

• 11c · Fees: accounting

  total $101,090 · management and general $101,090

• 11e · Fees: professional fundraising services

  total $98,663 · fundraising $98,663

• 11g · Fees: other

  total $1,585,485 · program services $900,075 · management and general $685,410

• 12 · Advertising and promotion

  total $208,952 · program services $32,613 · management and general $48,413 · fundraising $127,926

• 13 · Office expenses

  total $576,499 · program services $405,513 · management and general $170,986

• 14 · Information technology

  total $915,861 · program services $740,722 · management and general $175,139

• 16 · Occupancy

  total $1,306,899 · program services $1,124,798 · management and general $182,101

• 17 · Travel

  total $16,502 · program services $12,093 · management and general $3,399 · fundraising $1,010

• 19 · Conferences, conventions and meetings

  total $50,641 · program services $40,476 · management and general $2,375 · fundraising $7,790

• 20 · Interest

  total $429,975 · management and general $429,975

• 22 · Depreciation, depletion and amortization

  total $1,024,035 · program services $920,600 · management and general $103,435

• 23 · Insurance

  total $231,745 · management and general $231,745

• 24a · Other expenses: Other Pharmaceuticals,

  total $25,441,444 · program services $25,422,636 · management and general $18,808

• 24e · All other expenses

  total $13,447 · program services $12,860 · management and general $587

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,628,658 · end of year $3,917,847

• 3 · Pledges and grants receivable

  beginning of year $4,112,043 · end of year $810,208

• 4 · Accounts receivable

  beginning of year $3,898,795 · end of year $4,801,009

• 7 · Other notes and loans receivable

  beginning of year $24,040,000 · end of year $24,040,000

• 8 · Inventories for sale or use

  beginning of year $708,660 · end of year $735,661

• 9 · Prepaid expenses and deferred charges

  beginning of year $256,052 · end of year $366,141

• 10a · Land, buildings and equipment: cost or other basis

  $20,059,484

• 10b · Land, buildings and equipment: accumulated depreciation

  $3,405,082

• 10c · Land, buildings and equipment, net

  beginning of year $14,981,044 · end of year $16,654,402

• 11 · Investments: publicly traded securities

  beginning of year $5,123,208 · end of year $5,588,847

• 14 · Intangible assets

  beginning of year $18,766 · end of year $18,766

• 15 · Other assets

  beginning of year $396,981 · end of year $1,746,135

• 17 · Accounts payable and accrued expenses

  beginning of year $2,388,872 · end of year $3,307,705

• 19 · Deferred revenue

  beginning of year $25,477 · end of year $5,000

• 23 · Secured mortgages and notes payable

  beginning of year $15,541,429 · end of year $0

• 25 · Other liabilities

  beginning of year $42,470 · end of year $1,746,026

• 27 · Net assets without donor restrictions

  beginning of year $34,823,175 · end of year $52,595,162

• 28 · Net assets with donor restrictions

  beginning of year $4,342,784 · end of year $1,025,123

The filer's explanations (Part III)

Part I, Line 1a

HOPES reimburses every employee who submits a request $10 every month for fitness costs.