Spring Of Hope Ministries
- Assets
- $73.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waynesboro, PA
- Founding
- 02/2005
- Data as of
- 12/2020
- EIN
- 20-1539327
Organization Overview
Spring Of Hope Ministries is located in Waynesboro, PA. The organization was established in 2005. 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. Spring Of Hope Ministries 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 12/2020, Spring Of Hope Ministries generated $123.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $115.7k during the year ending 12/2020. While expenses have increased by 3.4% per year over the past 6 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 |
|---|---|---|---|
Wayne L Kuhns Director | 20 | $3,600 | |
Brian Emery Vice Chairma | 1 | $0 | |
Autumn Upole Secretary | 1 | $0 | |
Rochelle Nolt Chairman | 1 | $0 | |
Sam Rose Member | 1 | $0 | |
Lynn Eberly Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,220 |
| Total Program Service Revenue | $67,561 |
| Membership dues | $0 |
| Investment income | $209 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,418 |
| Other Revenue | $10,758 |
| Total Revenue | $123,330 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $85,760 |
| Professional fees and other payments to independent contractors | $1,675 |
| Occupancy, rent, utilities, and maintenance | $11,835 |
| Printing, publications, postage, and shipping | $4,431 |
| Other expenses | $12,019 |
| Total expenses | $115,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,400 |
| Other assets | $0 |
| Total assets | $73,400 |
| Total liabilities | $3,741 |
| Net assets or fund balances | $69,659 |
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