Ms Hope Foundation Inc in Manhasset, New York (NY)

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Ms Hope Foundation Inc
Employer Identification Number (EIN)461550063
Name of OrganizationMs Hope Foundation Inc
In Care of NameErica Zimmermann
AddressPO BOX 659, Manhasset, NY 11030-0659
SubsectionCharitable Organization, Educational Organization
Ruling Date07/2014
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$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$32,672
Amount of Income$51,877
Form 990 Revenue Amount$49,755
National Taxonomy of Exempt Entities (NTEE)Medical Research: Fund Raising and/or Fund Distribution


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Amount of income in 2013: $51,877
This organization: 

 $51,877
Other organizations performing similar types of work: 

 $43,952

Assets in 2013: $32,672
Ms Hope Foundation Inc: 

 $32,672
Other organizations performing similar types of work: 

 $33,839

Expenses in 2013: $17,083
Ms Hope Foundation Inc: 

 $17,083
Other organizations performing similar types of work: 

 $17,569

Income to expenses ratio in 2013: 3.0
This organization: 

 3.0
Other organizations performing similar types of work: 

 1.8

Grants share in income in 2013: 92.5%
Ms Hope Foundation Inc: 

 92.5%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot for 2013 ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$49,755
Contributions, gifts, grants, and similar amounts received$46,016
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$7
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$3,732
Gross income from gaming$0
Gross income from fundraising events$5,854
Less: direct expenses from gaming and fundraising events$2,122
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$17,083
Total net assets$32,672
Excess/Deficit for the year$32,672
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$32,672
Balance Sheets
2013
Total assets$32,672
Total liabilities$0
Net assets or fund balances$32,672
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
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$46,016
Subtotal Support$46,016
Gifts, grants, contributions, and membership fees received$46,016
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$0
Total Support$46,023
Public Support$46,016
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$7
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.$5,854
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1Jacobs Cure Inc601 Purchase St, Rye, NY 10580-1814NY2000-10$657,654
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13Montel Williams Ms Foundation331 W 57th St Ste 420, New York, NY 10019-3101NY2000-09$21,696
14Beyond Labels & Limitations Inc3391 Church Road, Bethlehem, PA 18015PA2008-02$19,363
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16Sierra Rayn Childrens Neuroblastoma Foundation Inc3167 San Mateo Ne, Albuquerque, NM 87110-1921NM2011-05$17,003
17Straight Chiropractic Education And Research Foundation Inc2020 Springfield Rd, Spartanburg, SC 29316-7251SC2006-03$16,157
18Foundation For A Miracle Inc206 Edgewood Ave, Rochester, NY 14618-4043NY2005-07$13,502
19Cute Syndrome Foundation Inc1 Meadowbrook Lane, Troy, NY 12180NY2014-08$0
20Partners For Als Research Inc25 Pound Ridge Rd, Plainview, NY 11803-1818NY2008-12$0
Number of organizations performing similar types of work
Alabama1
California4
Colorado1
Delaware1
Florida2
Georgia2
Illinois1
Indiana1
Massachusetts3
Michigan2
Minnesota1
North Carolina1
Nebraska1
New Jersey2
New Mexico1
Nevada1
New York7
Ohio2
Pennsylvania2
South Carolina1
Tennessee1
Texas1
Washington1
Wisconsin2
Total42

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