People Of Hope A New Jersey Non Profit Corporation
- Assets
- $336.2k
- Revenue
- $386.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Plainfield, NJ
- Founding
- 06/1988
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, People Of Hope A New Jersey Non Profit Corporation generated $386.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $401.8k during the year ending 12/2021. While expenses have increased by 2.5% 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.
Since 2015, People Of Hope A New Jersey Non Profit Corporation has awarded 14 individual grants totaling $390,061. 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
2021
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.
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.
FAMILY AND YOUTH EVANGELISM-MARRIAGE RETREATS, FAMILY TEACHINGS AND YOUTH EVANGELISTIC ACTIVITIES DIRECTED TOWARD STRENGTHENING MARRIAGES AND FAMILY THROUGH FAITH IN JESUS CHRIST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Buganski President | OfficerTrustee | 40 | $86,240 |
John Quense Vice President | OfficerTrustee | 2 | $0 |
Brian Murray Treasurer | OfficerTrustee | 2 | $0 |
Fred Bunsa Secretary | OfficerTrustee | 2 | $0 |
Gregory Floyd Member | Trustee | 2 | $0 |
Paul Quense Member | Trustee | 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 | $359,914 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,914 |
| Total Program Service Revenue | $24,318 |
| Investment income | $2,342 |
| 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 | $386,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $47,086 |
| 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. | $106,150 |
| Compensation of current officers, directors, key employees. | $10,615 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $129,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,495 |
| Payroll taxes | $16,500 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,743 |
| Fees for services: Accounting | $3,528 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,649 |
| Advertising and promotion | $0 |
| Office expenses | $5,102 |
| Information technology | $3,853 |
| 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 | $6,193 |
| All other expenses | $0 |
| Total functional expenses | $401,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,398 |
| Savings and temporary cash investments | $279,633 |
| 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 | $1,200 |
| 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 | $336,231 |
| Accounts payable and accrued expenses | $9,580 |
| 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 | $9,580 |
| Net assets without donor restrictions | $326,651 |
| 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 | $336,231 |
Grants Awarded
Over the last fiscal year, People Of Hope A New Jersey Non Profit Corporation has awarded $43,480 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lansing, MI 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. | $31,000 |
Mendota Heights, MN PURPOSE: TO SUPPORT COLLEGE EVANGELISM-BRINGING STUDENTS TO A PERSONAL RELATIONSHIP WITH JESUS AND TO PARTICIPATE MORE FULLY IN THE LIFE OF THE CHURCH. | $12,480 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that People Of Hope A New Jersey Non Profit Corporation has recieved totaling $18,750.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $18,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jericho Road Ministries Buffalo, NY | $18,205,160 | $33,426,407 |
Allegheny Christian Ministries Inc Davidsville, PA | $38,200,774 | $15,292,009 |
Diakon Topton, PA | $25,282,356 | $12,688,159 |
Gateways Organization Inc Monsey, NY | $26,241,298 | $11,762,904 |
Disciplemakers Inc State College, PA | $2,971,948 | $5,867,999 |
General Council On Finance & Admins Of The United Methodist Church Allison Park, PA | $2,741,715 | $3,669,779 |
Black Rock Retreat Quarryville, PA | $10,750,251 | $3,252,262 |
Nj Onnuri Community Church Corp Fort Lee, NJ | $10,774,386 | $3,680,049 |
Ohr Hatorah Bergenfield, NJ | $360,051 | $2,967,951 |
Hope Of The World Inc Lodi, NJ | $12,182,148 | $5,479,130 |
American Friends Of Netiv Aryeh Inc Monsey, NY | $174,267 | $2,714,241 |
Turning Point Brooklyn Inc Brooklyn, NY | $2,563,430 | $1,977,308 |