Hope Hollow Ministries
- Assets
- $516.7k
- Revenue
- $205.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Madison, MS
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 26-1570909
Organization Overview
Hope Hollow Ministries is located in Madison, MS. The organization was established in 2008. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Hope Hollow Ministries employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Hollow Ministries 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 Hollow Ministries generated $205.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $185.1k during the year ending 12/2021. While expenses have increased by 4.3% 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
HOPE HOLLOW MINISTRIES WAS FORMED FOR THE PURPOSE OF OPERATING A MINISTRY TO GROW AND SERVE THE COMMUNITY WITH A FOCUS ON FAMILIES WITH SPECIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER CAMP - OPERATION OF CAMP AND RECREATIONAL FACILITY TO PROVIDE A BIBLICAL BASED CHRISTIAN MINISTRY FOR PERSONS WITH DISABILITIES AND SPECIAL NEEDS. ACTIVITIES INCLUDE SUMMER DAY CAMPS, WEEKEND ACTIVITIES, DAY RETREATS, ART CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Esper Delgado Director Of | Officer | 40 | $44,774 |
Owen Mullen Director Of | Officer | 40 | $43,600 |
Donna Kaye Byrd Past Preside | OfficerTrustee | 16 | $0 |
Sam Cockroft Board Member | OfficerTrustee | $0 | |
Malcolm Woody Board Member | OfficerTrustee | $0 | |
Jay Bourne Vice Preside | Trustee | 5 | $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 | $182,224 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,224 |
| Total Program Service Revenue | $22,980 |
| Investment income | $0 |
| 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 | $205,204 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $200 |
| Compensation of current officers, directors, key employees. | $30 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,371 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,873 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,350 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $77,292 |
| 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 | $15,734 |
| All other expenses | $0 |
| Total functional expenses | $185,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,123 |
| Savings and temporary cash investments | $0 |
| 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 | $960 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $455,609 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $516,692 |
| Accounts payable and accrued expenses | $0 |
| 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 | $385,605 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $385,605 |
| Net assets without donor restrictions | $131,087 |
| 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 | $516,692 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope Hollow Ministries has recieved totaling $3,088.
| Awarding Organization | Amount |
|---|---|
Mike And Janie Jarvis Family Foundation Madison, MS PURPOSE: FOR PROGRAM SUPPORT | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $88 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
Love Worth Finding Ministries Inc Memphis, TN | $3,628,719 | $7,504,607 |
Phil Waldrep Evangelistic Association Decatur, AL | $5,783,944 | $9,174,147 |
Christian Motorcyclists Assn Inc Hatfield, AR | $5,956,243 | $7,886,367 |
Network Of Intl Christian Schools Oasis Intl Schools Inc Southaven, MS | $11,716,346 | $5,360,782 |
Legacytree Foundation Brentwood, TN | $68,286,678 | $7,487,383 |
Crown Financial Ministries Inc Knoxville, TN | $6,948,002 | $6,077,534 |
Jesus For Asia Inc Collegedale, TN | $2,191,560 | $4,408,093 |
Radical Inc Birmingham, AL | $3,516,878 | $5,751,598 |
Gospel Ministries International Inc Collegedale, TN | $2,771,067 | $3,656,651 |