Acres Of Hope Ministry Inc
- Assets
- $420.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, WI
- Founding
- 08/2016
- Data as of
- 12/2023
- EIN
- 46-5434426
Organization Overview
Acres Of Hope Ministry Inc is located in Norwalk, WI. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Acres Of Hope Ministry 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 12/2023, Acres Of Hope Ministry Inc generated $156.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $129.7k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SPARROWS NEST AT THE ABBEY IS A NON-PROFIT FAITH-BASED RETREAT AND TRAINING CENTER WITH SEVERAL MEETING ROOMS, A LARGE COMMERCIAL KITCHEN AND DINING ROOM, A CHAPEL, AN ELEVATOR, A LOADING DOCK, AND SLEEPING ACCOMMODATIONS FOR UP TO 60 GUESTS FOR EXTENDED STAYS. SPARROWS NEST AT THE ABBEY IS AVAILABLE TO INDIVIDUALS, FAITH-BASED GROUPS, COMPANIES AND CORPORATIONS ON A MODERATE FEE SCHEDULE, WELL BELOW COMPARABLE MARKET PRICES, AND PROVIDES MANY SERVICES TO RESIDENTS OF MONROE COUNTY AT NO CHARGE. SPARROWS NEST AT THE ABBEY IS OPEN YEAR ROUND. THE GATHERING PLACE IS A SMALL FAITH-BASED COMMUNITY RETREAT AND TRAINING CENTER WITH A MEETING ROOM, ENTERTAINMENT MEDIA CENTER, FIREPLACE, FULL KITCHEN, TREE HOUSE THAT SLEEPS TWO, FIRE PIT, HORSESHOE PIT, PICNIC PAVILION AND NUMEROUS GROOMED WALKING TRAILS. THE GATHERING PLACE IS AVAILABLE TO INDIVIDUALS, FAITH-BASED GROUPS, AND COMMUNITY SERVICE ORGANIZATIONS AT NO CHARGE. GOODWILL OFFERINGS ARE GLADLY ACCEPTED. IT IS OPEN FROM MAY THROUGH OCTOBER EACH YEAR AND CAN ACCOMMODATE UP TO 20 GUESTS FOR EXTENDED STAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Laurie Graber President | 60 | $7,700 | |
G Thomas Graber Treasurer | 35 | $0 | |
Robert Graber Secretary | 5 | $0 | |
Nikki Graber-Perryman Director | 5 | $0 | |
Joan Brookman Director | 5 | $0 | |
Wendy Patterson Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,778 |
| Total Program Service Revenue | $40,000 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,856 |
| Total Revenue | $156,664 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,082 |
| Professional fees and other payments to independent contractors | $7,539 |
| Occupancy, rent, utilities, and maintenance | $77,089 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,007 |
| Total expenses | $129,717 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,080 |
| Other assets | $0 |
| Total assets | $420,432 |
| Total liabilities | $299,958 |
| Net assets or fund balances | $120,474 |