MISSION
Hopeloft is an incubator for solutions to serious social and economic problems. Hopeloft utilizes a collectIve impact framework to create positive social and economic change in distressed communities.
HOPELOFT.COMDEMOGRAPHIC
ADDRESS
40 E COMMERCE ST
08302
COUNTY
cumberland county, NJ
IN CARE OF NAME
MELISSA HELMBRECHT
ORGANIZATIONAL OVERVIEW & RANKINGS
HOPELOFT is a based in BRIDGETON, NJ, focused on Community Improvement, Capacity Building causes , specifically Community, Neighborhood Development, Improvement (General). Established in June 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $692,034.00, this ranks 254,853 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 6,681 out of 72,131 organizations in NJ (Top 10%).
In cumberland county, NJ, the organization ranks 81 out of 1,056 nonprofits by assets (Top 8%), while locally in bridgeton, it stands at 15 among 233 organizations (Top 5%).
The organization reported annual revenue of $759,666.00, ranking 146,419 nationally (Top 6%) and 3,670 in NJ (Top 6%).
Within its specific NTEE classification (S20 - S: Community Improvement, Capacity Building), which includes 19,834 similar organizations, HOPELOFT ranks 951 in assets (Top 5%) and 679 in revenue (Top 4%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year. Additional information can be found at HOPELOFT.COM.
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
S: Community Improvement, Capacity Building
NTEE CODE
S20: Community, Neighborhood Development, Improvement (General)
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$979,586.00
FORM 990 REVENUE AMOUNT
$759,666.00
RULING DATE
06/2020
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$692,034.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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