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

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Hike For Hope Foundation Inc
Employer Identification Number (EIN)203596738
Name of OrganizationHike For Hope Foundation Inc
In Care of NameCarole Sharp
Address936 W Francis St, Aspen, CO 81611-3104
SubsectionCharitable Organization
Ruling Date07/2006
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 Period12/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (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


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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

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
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
Balance Sheets
201120122013
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
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: (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 supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Hike For Hope Foundation Inc936 W Francis St, Aspen, CO 81611-3104CO2006-07$79,452
2Dancing With Dystrophy, Children's Neuromuscular Foundation Of Louisiana42 Crane Street, New Orleans, LA 70124LA2009-02$65,374
3Kentucky Osteopathic Medical Association2424 American Ln, Madison, WI 53704-3102WI2002-10$58,475
4Brave Dave Open Inc10907 Orleans Way, Kensington, MD 20895-1113MD2002-02$45,501
5Florida Epilepsy Alliance Inc3811 W Sligh Ave, Tampa, FL 33614-3901FL2012-04$11,202
6Colorado Classic Horse Show9301 Las Ramblas C Unit A, Parker, CO 80134CO1983-02$8,466
7Eileen Frank Als Foundation Inc44 Doncaster Road, Cherry Hill, NJ 08003NJ2006-10$1,256
8Charles L Shor Foundation For Epilepsy Research Inc4030 Smith Rd Ste 130, Cincinnati, OH 45209-1937OH2002-12$286
9Kentucky Osteopathic Medical Association Foundation Inc2424 American Lane, Madison, WI 53704WI2002-10$0
10Team West U2519 Rice Blvd, Houston, TX 77005-3220TX2003-01$0
Number of organizations performing similar types of work
Colorado2
Florida1
Louisiana1
Maryland1
New Jersey1
Ohio1
Texas1
Wisconsin2
Total10

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