Hope In The Light Ministry
- Assets
- $127.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corpus Christi, TX
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 26-0781735
Organization Overview
Hope In The Light Ministry is located in Corpus Christi, TX. The organization was established in 2008. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope In The Light Ministry 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, Hope In The Light Ministry generated $57.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $61.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 years. 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 |
|---|---|---|---|
Lance Ware Director | 4 | $0 | |
Ralph Ware President | 20 | $0 | |
Louis Katsikaris Jr Treasurer | 5 | $0 | |
Teeresa Ward Director | 2 | $0 | |
Megan Silver Secretary | 5 | $0 | |
Adam Kurtz Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,945 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,260 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,753 |
| Printing, publications, postage, and shipping | $656 |
| Other expenses | $20,628 |
| Total expenses | $61,297 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,646 |
| Other assets | $0 |
| Total assets | $127,053 |
| Total liabilities | $0 |
| Net assets or fund balances | $127,053 |
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