Hope Ministries Of The Valley Inc
- Assets
- $20.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Langley, SC
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 56-2586273
Organization Overview
Hope Ministries Of The Valley Inc is located in Langley, SC. The organization was established in 2007. 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 Of The Valley 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 Ministries Of The Valley Inc generated $31.5k 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 (5.1%) each year. All expenses for the organization totaled $26.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) 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
2021
Describe the Organization's Program Activity:
Part 3
OFFERED ASSISTANCE TO COMMUNITY RESIDENTS WITH CLOTHING, GROCERIES, HOUSING, AND MISCELLANEOUS NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha J Webb Co-Director | 25 | $7,540 | |
Arlean Ashley Treasurer | 4 | $0 | |
Carldean Ashley Event Coordi | 1 | $0 | |
George M Webb Co-Director | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,472 |
| 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 | $31,472 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,117 |
| Professional fees and other payments to independent contractors | $975 |
| Occupancy, rent, utilities, and maintenance | $10,701 |
| Printing, publications, postage, and shipping | $186 |
| Other expenses | $6,820 |
| Total expenses | $26,799 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,992 |
| Other assets | $0 |
| Total assets | $20,487 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,487 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Ministries Of The Valley Inc has recieved totaling $45,284.
| Awarding Organization | Amount |
|---|---|
Golden Harvest Food Bank Inc Augusta, GA PURPOSE: TO GRANT ACCESS TO FOOD ACROSS THE COMMUNITY. | $45,284 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |
Equip Leadership Inc Duluth, GA | $5,673,774 | $7,651,794 |
Missionary Athletes International Charlotte, NC | $3,307,948 | $5,472,845 |
Celebration Inc Alpharetta, GA | $12,143,937 | $5,388,788 |
Derek Prince Ministries Charlotte, NC | $6,321,852 | $4,305,437 |
United Ministries Greenville, SC | $3,983,524 | $3,002,737 |
Journey Church Raleigh, NC | $3,159,325 | $2,967,497 |
Fayetteville Urban Ministry Inc Fayetteville, NC | $1,821,969 | $3,089,117 |