Hope Ministries Inc
- Assets
- $60.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Senatobia, MS
- Founding
- 08/1983
- Data as of
- 12/2022
- 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 12/2022, Hope Ministries Inc generated $117.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $130.9k during the year ending 12/2022. While expenses have increased by 3.4% 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
2022
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 |
|---|---|---|---|
Frank Beck Chairman | 1 | $0 | |
Jack Mcmillen Vice President | 1 | $0 | |
Susan Erber Secretary | 1 | $0 | |
Buck Moore Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,482 |
| 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 | $117,482 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,789 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $24,463 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,995 |
| Total expenses | $130,852 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,082 |
| Other assets | $0 |
| Total assets | $60,082 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,082 |