Heart Of Hope Ministries Inc
- Assets
- $1.0m
- Revenue
- $637.1k
- Investments
- $0.0
- Employees
- 8
- Location
- Keithville, LA
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 41-2187038
Organization Overview
Heart Of Hope Ministries Inc is located in Keithville, LA. The organization was established in 2006. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Heart Of Hope Ministries Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Of Hope Ministries 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 12/2021, Heart Of Hope Ministries Inc generated $637.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $425.3k during the year ending 12/2021. 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
THE ORGANIZATION IS A FACILITY TO PROVIDE HOUSING FOR SINGLE WOMEN DURING THEIR PREGNANCY AND ASSIST THEM IN MAKING DECISIONS ABOUT ADOPTION, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING UNWED WOMEN DURING PREGNANCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Broussard Treasurer | Officer | 1 | $0 |
Marsha Spell Secretary | Officer | 1 | $0 |
Shannon Leone Vice President | Officer | 1 | $0 |
Carolyn Hammond President | Officer | 1 | $0 |
Sherry Christy Board Member | Trustee | 1 | $0 |
Frank Kelly Board Member | Trustee | 1 | $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 | $442,551 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $442,551 |
| 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 | $104,194 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $637,082 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $221,443 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $127,291 |
| Travel | $2,267 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,244 |
| Interest | $3,063 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,748 |
| Insurance | $0 |
| All other expenses | $16,314 |
| Total functional expenses | $425,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $388,856 |
| 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 | $24,847 |
| Net Land, buildings, and equipment | $605,768 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,540 |
| Total assets | $1,022,011 |
| Accounts payable and accrued expenses | $38,792 |
| 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 | $106,491 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $145,283 |
| Net assets without donor restrictions | $876,728 |
| 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 | $1,022,011 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Heart Of Hope Ministries Inc has recieved totaling $145,091.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $102,000 |
Cross Lake Floatilla Shreveport, LA PURPOSE: CHARITABLE | $20,000 |
Community Foundation Of North Louisiana Shreveport, LA PURPOSE: GIVE FOR GOOD GRANT | $17,699 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $5,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $192 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Coffee Company Inc Employees Health And Life Benefits Baton Rouge, LA | $799,000 | $9,664,210 |
Ronald Mcdonald House Of Houston Inc Houston, TX | $26,035,394 | $4,489,997 |
Make-A-Wish Foundation Of North Texas Addison, TX | $21,159,028 | $8,755,280 |
Make-A-Wish Foundation Of The Texas Gulf Coast And Louisiana Inc Stafford, TX | $22,719,478 | $5,220,215 |
Ronald Mcdonald House Charities Of Central Texas Inc Austin, TX | $17,997,116 | $6,555,787 |
Make-A-Wish Foundation Of Central Austin, TX | $4,211,146 | $4,525,979 |
Ronald Mcdonald House Of Fort Worth Inc Fort Worth, TX | $17,321,969 | $3,632,287 |
Childrens Association For Maximum Potential Inc San Antonio, TX | $10,127,522 | $2,590,563 |
Ronald Mcdonald House Of Dallas Inc Dallas, TX | $6,284,983 | $3,046,161 |
Sunshine Kids Foundation Houston, TX | $8,238,384 | $4,442,939 |
Rmhc Of Arkoma Inc Springdale, AR | $5,892,878 | $2,472,028 |
Ronald Mcdonald House Charities Of San Antonio Texas Inc San Antonio, TX | $13,214,084 | $3,250,238 |