Love And Hope Ministries
- Assets
- $101.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Bch, VA
- Founding
- 11/2004
- Data as of
- 12/2023
- EIN
- 42-1621179
Organization Overview
Love And Hope Ministries is located in Virginia Bch, VA. The organization was established in 2004. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love And Hope 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 12/2023, Love And Hope Ministries generated $120.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $109.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Yabbeju Rapaka President | 30 | $30,000 | |
Rev Gloria Rapaka Board Member | 10 | $0 | |
Mr Douglas Ross Board Member | 1 | $0 | |
Mrs Martha Ross Board Member | 1 | $0 | |
Dr David Brown Board Member | 1 | $0 | |
Mrs Julia Brown Secretary-Treausurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,665 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $532 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,197 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,000 |
| Professional fees and other payments to independent contractors | $1,661 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $356 |
| Other expenses | $0 |
| Total expenses | $109,117 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,688 |
| Other assets | $0 |
| Total assets | $101,198 |
| Total liabilities | $17,000 |
| Net assets or fund balances | $84,198 |