Sharing Hope Ministries Inc
- Assets
- $194.0k
- Revenue
- $302.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Mackeyville, PA
- Founding
- 10/2008
- Data as of
- 12/2022
- EIN
- 20-8814477
Organization Overview
Sharing Hope Ministries Inc is located in Mackeyville, PA. The organization was established in 2008. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2022, Sharing Hope Ministries Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharing Hope Ministries 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 12/2022, Sharing Hope Ministries Inc generated $302.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $340.7k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SHARING HOPE MINISTRIES, INC. IS AN ORGANIZATION DEDICATED TO WORKING AMONG PEOPLE WHOSE LIVES HAVE BEEN AFFECTED BY NATURAL DISASTER, POVERTY, DISEASE AND FAMINE. THE ORGANIZATION RESPONDS TO NATURAL DISASTERS BY SENDING VOLUNTEER WORK CREWS TO REBUILD HOMES, HOPE AND LIVES. SHARING HOPE SERVES AS A CHANNEL FOR CHURCHES, COMMUNITY GROUPS AND MISSION GROUPS IN THEIR EFFORTS TO PROVIDE FOOD, HEALTH CARE, EDUCATION AND SHELTER TO AFFECTED COMMUNITIES. SHARING HOPE MINISTRIES, INC. PROVIDES VOLUNTEER GROUPS TO COMMUNITIES IN CRISIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISASTER RELIEF: WAVERLY, TENNESSEE: IN AUGUST 2021 HEAVY RAINFALL RESULTED IN WIDESPREAD FLASH FLOODING ACROSS MID-WESTERN TENNESSEE. THE RURAL COMMUNITY OF WAVERLY WAS CATASTROPHIC. SHM SET UP OPERATION IN WAVERLY IN DECEMBER 2021. IN 2022 WORK CONTINUED. 280 VOLUNTEERS CONTRIBUTED 11,805 HOURS OF SERVICE. 19 HOME OWNERS HAD HOMES RESTORED.
INTERNATIONAL ASSISTANCE: DOMINICAN REPUBLIC: THE CHILD SPONSORSHIP CONTINUED. 170 CHILDREN PARTICIPATED IN THE PROGRAM. CHILDREN ATTEND CHURCH ON SUNDAYS. BIBLE STORIES, CRAFT PROJECT, MENTORING AND LIFE SKILLS CLASSES ARE AVAILABLE. THE SPONSORSHIP PROGRAM PROVIDES BACKPACKS, SCHOOL SUPPLIES, SHOES AND A UNIFORM ARE DISTRIBUTED TO EACH CHILD. A CHRISTMAS CELEBRATION IS PROVIDED. PASTOR LUIS AND STAFF DELIVERED FOOD AND MEDICINE TO CHILDREN WHOSE FAMILIES WERE IN NEED. THE SPONSORSHIP PROGRAM CHILDREN ATTEND THE PRIVATE SCHOOL RUN BY THE CHURCH FOR UNDERPRIVILEGED CHILDREN. HAITI: MONEY WAS PROVIDED TO CHARTER A PLANE TO DELIVER MUCH NEEDED FOOD AND SUPPLEIS IN THE NW AREA OF HAITI. CIVIL UNREST AND GANGS MAKE IT VERY DIFFICULT FOR SIMPLE BASIC NECESSITIES TO REACH MORE REMOTE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Toner President | OfficerTrustee | 40 | $65,000 |
Cindy Toner Secretary /t | OfficerTrustee | 40 | $23,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $254,108 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $254,108 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,314 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $302,428 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $9,801 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,400 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,166 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $722 |
| Fees for services: Accounting | $3,670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,723 |
| Office expenses | $3,736 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,954 |
| Travel | $2,246 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,468 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,107 |
| Insurance | $2,910 |
| All other expenses | $511 |
| Total functional expenses | $340,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,470 |
| Savings and temporary cash investments | $21,130 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $87,381 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $193,981 |
| Accounts payable and accrued expenses | $4,912 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $24,645 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,557 |
| Net assets without donor restrictions | $159,751 |
| Net assets with donor restrictions | $4,673 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $193,981 |