Hope Ministries Of Baton Rouge
- Assets
- $2.0m
- Revenue
- $1.9m
- Investments
- $533.7k
- Employees
- 21
- Location
- Baton Rouge, LA
- Founding
- 07/1994
- Data as of
- 06/2024
- EIN
- 72-1245521
Organization Overview
Hope Ministries Of Baton Rouge is located in Baton Rouge, LA. The organization was established in 1994. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2024, Hope Ministries Of Baton Rouge employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Ministries Of Baton Rouge 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 06/2024, Hope Ministries Of Baton Rouge generated $1.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $2.0m during the year ending 06/2024. While expenses have increased by 9.1% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
HOPE MINISTRIES HELPS IMPOVERISHED FAMILIES REACH SELF-SUFFICIENCY VIA WORKFORCE DEVELOPMENT, FINANCIAL LITERACY, COMMUNITY EDUCATION, AND A CLIENT CHOICE FOOD PANTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WAY TO WORK SUSTAINABLE WORKFORCE SOLUTIONS IS A CLIENT CENTERED PROGRAM THAT PROVIDES A STRUCTURED ENVIORNMENT TO HELP IMPOVERISHED PARTICIPANTS ACHIEVE AND MAINTAIN EMPLOYMENT, HOUSING FINANCIAL AND FAMILY STABILITY. THROUGH EDUCATION AND COACHING, CLIENTS GAIN WORKFORCE SKILLS, FINANCIAL LITERACY, AND OTHER LIFE SKILLS NEEDED FOR SELF-SUFFICIENCY. THE WAY TO WORK SERVES APPROXIMATELY 700 PARTICIPANTS ANNUALLY. HOPE ALSO EDUCATES THE COMMUNITY AND EMPLOYERS ON THE CHALLENGES FACED BY INDIVIDUALS RAISED IN GENERATIONAL POVERTY.
THE CLIENT CHOICE FOOD PANTRY IS A COLLABORATIVE PROJECT THAT CREATES AN ATMOSPHERE OF DIGNITY FOR CLIENTS AND ALLOWS THEM TO SELECT FOOD THAT SUITS THEIR PREFERENCES AND NUTRITIONAL NEEDS. THE FOOD PANTRY ALSO HOUSES A TEST KITCHEN TO PROVIDE COOKING DEMONSTRATIONS TO EDUCATE CLIENTS ON HEALTHY EATING. THE CLIENT CHOICE FOOD PANTRY SERVED 2,845 INDIVIDUALS IN NEED DURING THE FISCAL YEAR ENDED JUNE 30, 2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Simmons President & | Officer | 40 | $114,298 |
Warren Birkett Director | Trustee | 1 | $0 |
Nikki Carr Director | Trustee | 1 | $0 |
Omer Davis Director | Trustee | 1 | $0 |
Rob Fairly Treasurer | OfficerTrustee | 2 | $0 |
Jay Grymes Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $342,074 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,313,611 |
| Noncash contributions included in lines 1a–1f | $470,402 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,655,685 |
| Total Program Service Revenue | $212,795 |
| Investment income | $24,097 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,892,577 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $504,031 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,640 |
| Compensation of current officers, directors, key employees. | $17,496 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $775,994 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $145,203 |
| Payroll taxes | $69,956 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,177 |
| Office expenses | $0 |
| Information technology | $27,259 |
| Royalties | $0 |
| Occupancy | $44,315 |
| Travel | $23,982 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,025 |
| Insurance | $32,522 |
| All other expenses | $48,268 |
| Total functional expenses | $2,008,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,669 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $315,049 |
| Accounts receivable, net | $50,420 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,614 |
| Prepaid expenses and deferred charges | $2,796 |
| Net Land, buildings, and equipment | $878,080 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $533,733 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,588 |
| Total assets | $1,998,949 |
| Accounts payable and accrued expenses | $122,371 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $122,371 |
| Net assets without donor restrictions | $1,132,740 |
| Net assets with donor restrictions | $743,838 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,998,949 |