A Ray Of Hope
- Assets
- $897.2k
- Revenue
- $535.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Kalispell, MT
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 81-6089463
Organization Overview
A Ray Of Hope is located in Kalispell, MT. The organization was established in 2000. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Ray Of Hope 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 12/2023, A Ray Of Hope generated $535.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $330.3k during the year ending 12/2023. While expenses have increased by 7.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A RAY OF HOPE SHALL PROVIDE A SAFE HARBOR FOR THOSE IN THE COMMUNITY WITH NOWHERE ELSE TO TURN. IT WILL PROVIDE THOSE WHO SEEK HELP NOT ONLY WITH FOOD, CLOTHING AND SHELTER; BUT WITH KNOWLEDGE AND AN AVENUE TO DEVELOP COMPETENCY IN MEETING LIFES FINANCIAL, EMOTIONAL, FAMILY LEGAL AND REHABILITATION CHALLENGES. A RAY OF HOPE WILL OFFER A "HAND UP," RATHER THAN A "HAND OUT" IN ORDER TO BUILD SELF-RESPECT AND DIGNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A RAY OF HOPE RECEIVED MANY REQUESTS FOR ASSISTANCE IN 2023 FROM NEEDY INDIVIDUALS AND FAMILIES. THERE WERE 7585 REQUESTS FOR A HAND UP - 261 REQUESTS FOR HOUSING, 38 WERE FOR THOSE WITH CHILDREN. THERE WERE ALSO 497 REQUESTS FOR BENEVOLENCE AND OTHER SUPPORT INCLUDING CLOTHING AND SHOWERS. SADLY, 256 WERE DENIED ASSISTANCE DUE TO LACK OF FUNDING OR SPACE OR OTHER. ALSO, THE ORGANIZATION SOLD OUR INTEREST IN HELMVILLE PROPERTY AND ARE LOOKING FOR LAND IN THE COUNTY AREAS TO BUILD A FAMILY SHELTER COMPLEX. FUNDS ARE IN LAND ACCOUNT. THE ORGANIZATION IS BUILDING A GARAGE/ EDUCATION CENTER WITH A APARTMENT OVER IT AT 46 5TH AVE W. AROH PROVIDES A SHELTER FOR THE HOMELESS AND A PLACE FOR PEOPLE TO REHABILITATE FROM DRUG AND ALCOHOL USE. THE ORGANIZATION ALSO PROVIDES FUNDS TO FAMILIES WITH CHILDREN FOR UTILITIES, RENT, AND OTHER ITEMS IN ORDER FOR THEM TO MAINTAIN A SAFE HOME. THE ORGANIZATION PROVIDES COUNSELING AND REFERRAL SERVICES TO AID PEOPLE TO GAIN SELF SUFFICIENCY.
THE ORGANIZATION OPERATES A THRIFT STORE TO PROVIDE OCCUPATIONAL TRAINING TO CLIENTS AND TO SUPPORT THE MISSION OF THE ORGANIZATION BY PROVIDING NEEDED CLOTHING AND HOUSEHOLD ITEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mclean President | OfficerTrustee | 2 | $0 |
Rachelle Hernandez Secretary | OfficerTrustee | 2 | $0 |
Thomas A Dalton Jr Treasurer | OfficerTrustee | 4 | $0 |
Rj Christensen Trustee | Trustee | 2 | $0 |
Tim Roberts Trustee | Trustee | 2 | $0 |
Ron Schlegel Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $308,586 |
| Noncash contributions included in lines 1a–1f | $1,447 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $308,586 |
| Total Program Service Revenue | $103,225 |
| Investment income | $8,078 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $115,441 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $535,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $129,001 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,892 |
| Fees for services: Management | $31,700 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,964 |
| Advertising and promotion | $0 |
| Office expenses | $9,873 |
| Information technology | $493 |
| Royalties | $0 |
| Occupancy | $50,394 |
| Travel | $788 |
| 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 | $11,036 |
| Insurance | $11,034 |
| All other expenses | $0 |
| Total functional expenses | $330,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,968 |
| Savings and temporary cash investments | $456,412 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $379,791 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $897,171 |
| Accounts payable and accrued expenses | $190 |
| 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 | $190 |
| Net assets without donor restrictions | $896,981 |
| Net assets with donor restrictions | $0 |
| 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 | $897,171 |