Ray Of Hope Inc
- Assets
- $132.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson Heights, NY
- Founding
- 07/2015
- Data as of
- 12/2019
- EIN
- 36-4803684
Organization Overview
Ray Of Hope Inc is located in Jackson Heights, NY. The organization was established in 2015. 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. Ray 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 12/2019, Ray Of Hope Inc generated $116.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $97.2k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
KIDS MINISTRY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicky Gill President | 40 | $29,900 | |
Faiz Gill Treasury | 20 | $0 | |
Usha Gill Secretary | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,465 |
| 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 | $116,465 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,900 |
| Professional fees and other payments to independent contractors | $30,149 |
| Occupancy, rent, utilities, and maintenance | $20,830 |
| Printing, publications, postage, and shipping | $8,182 |
| Other expenses | $8,182 |
| Total expenses | $97,243 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,010 |
| Other assets | $0 |
| Total assets | $132,251 |
| Total liabilities | $35,300 |
| Net assets or fund balances | $96,951 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ray Of Hope Inc has recieved totaling $1,800.
| Awarding Organization | Amount |
|---|---|
J W Foundation Woodmere, NY PURPOSE: CHARITABLE CAUSES | $1,800 |
Peer Organizations
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|---|---|---|
Gateways Organization Inc Monsey, NY | $26,241,298 | $11,762,904 |
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Calvin Coolidge Presidential Foundation Inc Plymouth, VT | $33,582,389 | $4,835,507 |
Wollaston Lutheran Church Apartments Inc Quincy, MA | $16,446,016 | $3,151,671 |
General Council On Finance & Admins Of The United Methodist Church Allison Park, PA | $2,741,715 | $3,669,779 |
Black Rock Retreat Quarryville, PA | $10,750,251 | $3,252,262 |
Nj Onnuri Community Church Corp Fort Lee, NJ | $10,774,386 | $3,680,049 |
Ohr Hatorah Bergenfield, NJ | $360,051 | $2,967,951 |
Hope Of The World Inc Lodi, NJ | $12,182,148 | $5,479,130 |
American Friends Of Netiv Aryeh Inc Monsey, NY | $174,267 | $2,714,241 |
Turning Point Brooklyn Inc Brooklyn, NY | $2,563,430 | $1,977,308 |
Church Of Bible Understanding Scranton, PA | $14,969,053 | $1,769,760 |