Hope Ministries
- Assets
- $276.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elk Point, SD
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-2000881
Organization Overview
Hope Ministries is located in Elk Point, SD. The organization was established in 2014. 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. 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, Hope Ministries generated $138.0k 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 (4.2%) each year. All expenses for the organization totaled $108.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE OPPORTUNITIES THAT STRENGTHEN AND ENLIVEN THE FAITH OF THOSE WHO ARE SERVED AS WELL AS THOSE WHO SERVE THROUGH A PERSONAL, HANDS-ON MISSION EXPERIENCE THAT REFLECTS CHRIST'S LOVE AND HOPE TO ALL. CARING FOR ORPHANS, PROVIDING MEDICAL CARE AND SUPPLIES, PROVIDING EDUCATIONAL AND SPIRITUAL SUPPORT, AND BRINING FAITH, HOPE AND LOVE TO THE PEOPLE IN TANZANIE, AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle Stroschein President | 1 | $0 | |
Mary Hanson Secretary | 1 | $0 | |
Evonne Blinkers Vice Preside | 1 | $0 | |
Lora Vander Zwaag Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,306 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $653 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,959 |
| 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 | $20,543 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $88,015 |
| Total expenses | $108,558 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $276,340 |
| Other assets | $0 |
| Total assets | $276,340 |
| Total liabilities | $0 |
| Net assets or fund balances | $276,340 |