Rays Of Hope Inc
- Assets
- $126.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garland, TX
- Founding
- Data as of
- 12/2016
- EIN
- 75-1812814
Organization Overview
Rays Of Hope Inc is located in Garland, TX. Rays Of Hope 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 12/2016, Rays Of Hope Inc generated $28.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $79.1k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 2 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
2016
Describe the Organization's Program Activity:
Part 3
RAYS OF HOPE, INC. SPREADS THE WORD OF THE LORD BY EVANGELIZING AND PROVIDING FOOD AND SHELTER TO THOSE IN NEED. THE MINISTRY PROVIDES FOOD AND CLOTHING TO CHURCHES IN SOUTH TEXAS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Rose Secretary | 0.5 | $0 | |
Anh Meinschein President | 48 | $0 | |
Darlene Taff Director | 0.5 | $0 | |
Fran Sweet Vp/outreach | 18 | $0 | |
Anh Ogawa Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,325 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $232 |
| Gain or Loss | $136 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,693 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,958 |
| Professional fees and other payments to independent contractors | $6,235 |
| Occupancy, rent, utilities, and maintenance | $466 |
| Printing, publications, postage, and shipping | $512 |
| Other expenses | $40,850 |
| Total expenses | $79,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,751 |
| Other assets | $0 |
| Total assets | $125,980 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,980 |
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