Prayer Of Hope is located in Lakewood, WA. The organization was established in 2009. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prayer Of Hope 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, Prayer Of Hope generated $15.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.4%) each year. All expenses for the organization totaled $13.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
HELPED ESTABLISH PRAYER GROUPS AND PROGRAMS IN THE PUGET SOUND AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mina Densmore President | 40 | $0 | |
Hyng Kyong Kim Secretary | 25 | $0 | |
Gwen Hageman Vice President | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,137 |
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 | $15,137 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $300 |
Occupancy, rent, utilities, and maintenance | $5,289 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,053 |
Total expenses | $13,664 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,918 |
Other assets | $0 |
Total assets | $25,579 |
Total liabilities | $0 |
Net assets or fund balances | $25,579 |
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