People Of Hope A New Jersey Non Profit Corporation
- Assets
- $307.8k
- Revenue
- $389.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Plainfield, NJ
- Founding
- 06/1988
- Data as of
- 12/2022
- EIN
- 22-2117811
Organization Overview
People Of Hope A New Jersey Non Profit Corporation is located in Plainfield, NJ. The organization was established in 1988. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, People Of Hope A New Jersey Non Profit Corporation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. People Of Hope A New Jersey Non Profit Corporation 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, People Of Hope A New Jersey Non Profit Corporation generated $389.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $419.1k during the year ending 12/2022. While expenses have increased by 2.7% 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.
Since 2015, People Of Hope A New Jersey Non Profit Corporation has awarded 16 individual grants totaling $439,101. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE LAY ASSOCIATION OF CATHOLICS, A COMMUNITY OF PRAYER, EVANGELIZATION, AND FAMILY LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PASTORAL CARE-RETREATS, PASTORAL TEACHINGS.
FAMILY AND YOUTH EVANGELISM-MARRIAGE RETREATS, FAMILY TEACHINGS AND YOUTH EVANGELISTIC ACTIVITIES DIRECTED TOWARD STRENGTHENING MARRIAGES AND FAMILY THROUGH FAITH IN JESUS CHRIST
OUTREACH-MISSIONARY ACTIVITIES DIRECTED TOWARD MARRIAGE AND FAMILY LIFE AND TO SUPPORT THE ESTABLISHMENT OF SIMILAR COMMUNITIES.
COMMUNITY ACTIVITIES-RETREATS AND TEACHINGS FOR THE COMMUNITY, INCLUDING SUNDAY MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Buganski President | OfficerTrustee | 40 | $88,222 |
John Quense Treasurer | OfficerTrustee | 2 | $0 |
Fred Bunsa Secretary | OfficerTrustee | 2 | $0 |
Gregory Floyd Member | Trustee | 2 | $0 |
Brian Murray Member | Trustee | 2 | $0 |
Paul Quense Vice President | OfficerTrustee | 2 | $0 |
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 | $352,871 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $352,871 |
| Total Program Service Revenue | $34,635 |
| Investment income | $2,018 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $389,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,085 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $109,247 |
| Compensation of current officers, directors, key employees. | $10,924 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $136,078 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,379 |
| Payroll taxes | $17,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,916 |
| Fees for services: Accounting | $7,996 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,065 |
| Advertising and promotion | $0 |
| Office expenses | $3,447 |
| Information technology | $3,724 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,758 |
| All other expenses | $0 |
| Total functional expenses | $419,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,247 |
| Savings and temporary cash investments | $242,267 |
| 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 | $11,283 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $307,797 |
| Accounts payable and accrued expenses | $10,717 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,717 |
| Net assets without donor restrictions | $297,080 |
| Net assets with donor restrictions | $0 |
| 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 | $307,797 |
Grants Awarded
Over the last fiscal year, People Of Hope A New Jersey Non Profit Corporation has awarded $49,040 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT PAUL'S OUTREACH PURPOSE: TO SUPPORT COLLEGE EVANGELISM-BRINGING STUDENTS TO A PERSONAL RELATIONSHIP WITH JESUS AND TO PARTICIPATE MORE FULLY IN THE LIFE OF THE CHURCH. | $15,000 |
SWORD OF THE SPIRIT PURPOSE: THE MONEY SENT TO SWORD OF THE SPIRIT (SOS) IS OUR COMMUNITY'S TITHE (10%) TO SUPPORT THE WORK OF COMMUNITY BUILDING AROUND THE WORLD. | $34,040 |