Hope Ministries International Inc
- Assets
- $21.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yukon, OK
- Founding
- 02/2007
- Data as of
- 12/2021
- EIN
- 20-0958864
Organization Overview
Hope Ministries International Inc is located in Yukon, OK. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Ministries International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hope Ministries International Inc generated $153.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $152.0k during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose P Varghese Secretary | 2 | $0 | |
Alex Mathai President | 40 | $0 | |
Saramma Mathai Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,882 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,882 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,467 |
| Printing, publications, postage, and shipping | $1,669 |
| Other expenses | $15,630 |
| Total expenses | $152,042 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199 |
| Other assets | $0 |
| Total assets | $21,324 |
| Total liabilities | $28,116 |
| Net assets or fund balances | -$6,792 |
Peer Organizations
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|---|---|---|
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Andrew Wommack Ministries Inc Woodland Park, CO | $3,718,119 | $49,366,853 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |