Galax Hope House Ministries Inc
- Assets
- $135.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galax, VA
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 54-1682794
Organization Overview
Galax Hope House Ministries Inc is located in Galax, VA. The organization was established in 2009. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galax Hope House Ministries 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, Galax Hope House Ministries Inc generated $110.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $75.1k during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
MANY MEN WERE ASSISTED IN THE TRANSITION TO BE SELF-SUPPORTING FROM SOCIETAL FINANCIAL DEPENDENCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Harmon Executive Dir. | 25 | $18,529 | |
Shawn Bryant Director | 1 | $0 | |
Eric Testerman Director | 1 | $0 | |
Susan White Vice President | 1.5 | $0 | |
Beth Horton Secretary | 1 | $0 | |
Allen Keyser Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,428 |
| 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 | $110,428 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,980 |
| Professional fees and other payments to independent contractors | $603 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,488 |
| Total expenses | $75,071 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,721 |
| Other assets | $0 |
| Total assets | $135,621 |
| Total liabilities | $15,406 |
| Net assets or fund balances | $120,215 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Galax Hope House Ministries Inc has recieved totaling $15,164.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $15,164 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Next Door Nashville, TN | $9,790,699 | $10,091,124 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Homeward Bound Of Western North Carolina Inc Asheville, NC | $7,613,383 | $7,947,393 |
The Light House Inc Annapolis, MD | $14,282,025 | $6,589,792 |
Welcome House Of Northern Kentucky Inc Covington, KY | $15,337,370 | $7,502,919 |
Good Shepherd Ministries Of Wilmington Inc Wilmington, NC | $5,944,318 | $5,829,683 |
Caritas Richmond, VA | $20,735,460 | $5,144,634 |
Doorways For Women & Families Inc Arlington, VA | $11,264,979 | $7,983,956 |
Frederick Rescue Mission Inc Frederick, MD | $6,870,226 | $5,166,957 |
Nashville Safe Haven Family Shelter Nashville, TN | $6,221,604 | $5,352,543 |
Human Services Programs Of Carroll County Inc Westminster, MD | $5,265,675 | $4,648,252 |
Samaritan House Inc Virginia Beach, VA | $6,513,562 | $5,889,166 |