Beacon Of Hope
- Assets
- $247.8k
- Revenue
- $238.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Holland, MI
- Founding
- 10/2002
- Data as of
- 06/2022
- EIN
- 30-0085138
Organization Overview
Beacon Of Hope is located in Holland, MI. The organization was established in 2002. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Beacon Of Hope employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon 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 06/2022, Beacon Of Hope generated $238.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $211.9k during the year ending 06/2022. While expenses have increased by 4.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BEACON OF HOPE'S MISSION IS TO BE GOD'S HAND OFFERING CHRIST-CENTERED, INCLUSIVE, ACCESSIBLE AND PROFESSIONAL MENTAL HEALTH COUNSELING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED 5,437 FREE BIBLICAL COUNSELING SESSIONS TO 1,631 POOR, LOW INCOME, AND DISADVANTAGED INDIVIDUALS IN THE MICHIGAN COMMUNITIES OF HOLLAND, PORTLAND, GRANDVILLE, MUSKEGON, LANSING, AS WELL AS THE ABILITY TO PROVIDE SESSIONS OVER A VIRTUAL PLATFORM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle L Thompson Executive Di | Officer | 48 | $77,923 |
Ashton Campbell Secretary | OfficerTrustee | 2 | $0 |
Jon Oegema President | OfficerTrustee | 2 | $0 |
Maria Torres Treasurer | OfficerTrustee | 2 | $0 |
Josh Bauman Director | Trustee | 2 | $0 |
Ross Kruithof Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $556 |
| Membership dues | $0 |
| Fundraising events | $97,192 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $157,823 |
| Noncash contributions included in lines 1a–1f | $2,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $255,571 |
| Total Program Service Revenue | $0 |
| 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 | -$16,970 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,601 |
| 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. | $77,924 |
| Compensation of current officers, directors, key employees. | $35,066 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,328 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,137 |
| Payroll taxes | $12,713 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,908 |
| Advertising and promotion | $0 |
| Office expenses | $5,860 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,641 |
| Travel | $2,317 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,074 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,065 |
| Insurance | $3,517 |
| All other expenses | $0 |
| Total functional expenses | $211,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,541 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $157,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $247,764 |
| 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 | $35,354 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,354 |
| Net assets without donor restrictions | $0 |
| 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 | $212,410 |
| Total liabilities and net assets/fund balances | $247,764 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beacon Of Hope has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Communtiy Foundation Of The Holland Zeeland Area Holland, MI PURPOSE: EMOTIONAL HEALTH GROUP FOR ADULTS ON PROBATION | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rbc Ministries Grand Rapids, MI | $21,687,815 | $61,139,442 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |