I Hope Ministries
- Assets
- $30.7k
- Revenue
- $290.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Garland, TX
- Founding
- 05/2014
- Data as of
- 12/2023
- EIN
- 46-2136152
Organization Overview
I Hope Ministries is located in Garland, TX. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. I 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, I Hope Ministries generated $290.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $296.0k during the year ending 12/2023. While expenses have increased by 9.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
IHOPE MINISTRIES INSPIRES AND EMPOWERS EVERYDAY CHRISTIANS TO SHARE THE HOPE OF JESUS AND IMPACT THE WORLD FOR CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWER ACTION - EMPOWER EVERYDAY BELIEVERS IN THE US, CANADA AND WESTERN EUROPE TO SHARE THEIR FAITH. REACH MUSLIMS DIRECTLY WITH GOSPEL - BASED ON IHOPE'S GROUNDBREAKING BIBLE STUDY SERIES TAILORED FOR MUSLIMS WORLDVIEW
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Westfall-Bejjani Executive Direc | Trustee | 60 | $48,000 |
Renod Bejjani President | OfficerTrustee | 60 | $0 |
Andy Green CFO | OfficerTrustee | 6 | $0 |
Karen Bradford Board Member | Trustee | 0 | $0 |
Cathy Marshall Board Member | Trustee | 0 | $0 |
Mauricio Leone Board Member | Trustee | 0 | $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 | $278,039 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,039 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,275 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $290,930 |
| 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 | $11,940 |
| Benefits paid to or for members | $2,700 |
| Compensation of current officers, directors, key employees. | $48,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,599 |
| 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 | $28,517 |
| Advertising and promotion | $9,551 |
| Office expenses | $1,468 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,966 |
| Travel | $39,474 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,847 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,719 |
| Insurance | $6,242 |
| All other expenses | $11,284 |
| Total functional expenses | $295,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,955 |
| 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 | $4,752 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,707 |
| Accounts payable and accrued expenses | $325 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $325 |
| Net assets without donor restrictions | $30,382 |
| 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 | $30,707 |