Hope For Renewal Inc
- Assets
- $276.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Youngstown, OH
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-2840498
Organization Overview
Hope For Renewal Inc is located in Youngstown, OH. The organization was established in 2015. 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. Hope For Renewal 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, Hope For Renewal Inc generated $157.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $96.6k during the year ending 12/2021. 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 |
|---|---|---|---|
Gary Koerth Executive Di | 50 | $66,048 | |
Steve Avery Treasurer | 8 | $0 | |
Aaron Maurice President | 5 | $0 | |
Tiffany Sokol Vice-Preside | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,640 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,640 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,048 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $27,737 |
| Printing, publications, postage, and shipping | $2,825 |
| Other expenses | $0 |
| Total expenses | $96,610 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,195 |
| Other assets | $0 |
| Total assets | $276,632 |
| Total liabilities | $0 |
| Net assets or fund balances | $276,632 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope For Renewal Inc has recieved totaling $792.
| Awarding Organization | Amount |
|---|---|
Aetna Foundation Inc Hartford, CT PURPOSE: GENERAL PURPOSE | $792 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
G O Ministries Inc Louisville, KY | $3,216,170 | $6,018,777 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |
National Church Residences Columbus, OH | $16,885,667 | $5,504,474 |