Heralds Of Hope Inc is located in Breezewood, PA. The organization was established in 1967. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Heralds Of Hope Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heralds Of Hope 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, Heralds Of Hope Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 5.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PREPARATION AND PRESENTATION OF RADIO BROADCASTS AND DISTRIBUTION OF CHRISTIAN LITERATURE AND BIBLES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARATION AND PRESENTATION OF RADIO BROADCASTS AND DISTRIBUTION OF CHRISTIAN LITERATURE AND BIBLES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony High Executive Director | OfficerTrustee | 40 | $60,991 |
John Sensenig Board Member | Trustee | 1 | $0 |
Mark Newswanger Board Member | Trustee | 1 | $0 |
Keith Weaver Board Member | Trustee | 1 | $0 |
Dan Weaver Board Member | Trustee | 1 | $0 |
Kenneth Martin Vice Chairman | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $131,248 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,879,996 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,011,244 |
Total Program Service Revenue | $0 |
Investment income | $22,621 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,900 |
Net Gain/Loss on Asset Sales | $2,818 |
Net Income from Fundraising Events | -$29,217 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,027,863 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $24 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $344,795 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $60,991 |
Compensation of current officers, directors, key employees. | $39,644 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $232,402 |
Pension plan accruals and contributions | $4,188 |
Other employee benefits | $22,365 |
Payroll taxes | $25,830 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,516 |
Fees for services: Accounting | $6,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $5,777 |
Office expenses | $1,417 |
Information technology | $18,714 |
Royalties | $0 |
Occupancy | $13,002 |
Travel | $26,486 |
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 | $27,012 |
Insurance | $0 |
All other expenses | $65,660 |
Total functional expenses | $1,529,192 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $331,643 |
Savings and temporary cash investments | $511,535 |
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 | $53,465 |
Prepaid expenses and deferred charges | $95,043 |
Net Land, buildings, and equipment | $274,170 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,015,812 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,281,668 |
Accounts payable and accrued expenses | $67,781 |
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 | $87,842 |
Total liabilities | $155,623 |
Net assets without donor restrictions | $1,562,873 |
Net assets with donor restrictions | $563,172 |
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 | $2,281,668 |
Over the last fiscal year, we have identified 6 grants that Heralds Of Hope Inc has recieved totaling $359,799.
Awarding Organization | Amount |
---|---|
Anabaptist Foundation Lewisburg, PA PURPOSE: Operations | $274,157 |
Oneshare International Irving, TX PURPOSE: To support international radio broadcasts | $50,000 |
Christian Aid Ministries Foundation Berlin, OH PURPOSE: Operations | $24,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $6,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $5,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
Organization Name | Assets | Revenue |
---|---|---|
Barnabas Fund Lancaster, PA | $1,202,815 | $6,473,127 |
Nextbook Inc New York, NY | $1,137,496 | $6,280,480 |
Pocket Testament League Inc Lititz, PA | $2,734,106 | $3,853,186 |
Commentary Inc New York, NY | $6,537,680 | $2,900,591 |
Swedenborg Foundation Inc West Chester, PA | $21,667,132 | $1,952,977 |
Scepter Publishers Strongsville, OH | $5,732,746 | $2,811,473 |
Paulist Press Inc Mahwah, NJ | $4,505,578 | $989,159 |
Moments With The Book Bedford, PA | $1,455,077 | $1,921,341 |
Presbyterian & Reformed Publishing Co Phillipsburg, NJ | $5,247,235 | $1,819,033 |
Heralds Of Hope Inc Breezewood, PA | $2,281,668 | $2,027,863 |
Chayenu Inc Brooklyn, NY | $453,060 | $1,363,073 |
Catholic Star Herald Camden, NJ | $352,087 | $1,261,448 |