60
New Hope Initiative Inc
Community Development · Kingwood, Texas
Po Box 5071, Kingwood, TX 77325-5071
EIN: 273984784· Founded: Mar 2011· 15 years active· Filing Year: 2023
Annual Revenue
$1.2M
Total Expenses
$1.6M
Total Assets
$144K
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$66K
4.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$49K
Total Payroll
$115K
7% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 7%
Other overhead: 100%
0
Total Expenses$1.6M (100%)
Payroll$115K (7%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$1.2M annual revenue
Executive Compensation
$66K total officer comp (4.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$144K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.