Hope Ministries Inc
- Assets
- $73.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Senatobia, MS
- Founding
- 08/1983
- Data as of
- 12/2021
- EIN
- 62-1156891
Organization Overview
Hope Ministries Inc is located in Senatobia, MS. The organization was established in 1983. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope 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, Hope Ministries Inc generated $114.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $114.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) 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
PROVIDED FINANCIAL ASSISTANCE FOR FOOD, UTILITIES, AND HOUSING FOR OUR RESIDENTS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Mcmillen Vice President | 1 | $0 | |
Frank Beck Chairman | 1 | $0 | |
Buck Moore Treasurer | 1 | $0 | |
Susan Erber Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,139 |
| 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 | $114,139 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,426 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $21,509 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,257 |
| Total expenses | $114,287 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,452 |
| Other assets | $0 |
| Total assets | $73,452 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,452 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Ministries Inc has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Northwest Mississippi Inc Hernando, MS PURPOSE: FOOD-GENERAL SUPPORT | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Soles 4 Souls Old Hickory, TN | $32,677,835 | $92,759,575 |
Food Bank Of Northeast Arkansas Jonesboro, AR | $15,669,571 | $22,965,303 |
Mobile Community Action Inc Mobile, AL | $17,209,185 | $21,569,493 |
Arvac Inc Dardanelle, AR | $9,742,148 | $20,926,071 |
Hca Hope Fund Nashville, TN | $21,200,285 | $11,328,129 |
Graceworks Ministries Inc Franklin, TN | $5,757,602 | $9,107,244 |
Alabama Rural Coalition Of The Homeless Inc Montgomery, AL | $10,314,328 | $2,605,908 |
Mission Of Hope Inc Knoxville, TN | $2,912,415 | $3,084,397 |
Church And Community Ministries Of The Shelby Baptist Association Inc Columbiana, AL | $646,804 | $2,589,786 |
Dollar General Employee Assistance Foundation Goodletsville, TN | $6,183,165 | $1,440,878 |
Acadiana Regional Coalition On Homelessness And Housing Lafayette, LA | $941,030 | $2,594,459 |
Immerse Arkansas Little Rock, AR | $5,589,272 | $4,350,880 |