MISSION
Be a source of hope for youth that have none. Our mission is to equip young people with the tools needed to succeed and encourage them through challenges.
DEMOGRAPHIC
ADDRESS
16 CEDARVIEW AVE
08527
COUNTY
ocean county, NJ
ORGANIZATIONAL OVERVIEW & RANKINGS
BORROWED HOPE INC is a based in JACKSON, NJ, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in February 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,649,533 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 47,959 out of 72,131 organizations in NJ (Top 67%).
In ocean county, NJ, the organization ranks 2,093 out of 4,865 nonprofits by assets (Top 43%), while locally in jackson, it stands at 175 among 391 organizations (Top 44%).
The organization reported no revenue in the most recent filing period, placing it at 818,519 nationally and 36,573 in NJ.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, BORROWED HOPE INC ranks 18,416 in assets (Top 50%) and 12,832 in revenue (Top 35%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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