Teen Hope Ministries
- Assets
- $34.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 12/2018
- Data as of
- 12/2021
- EIN
- 83-0545831
Organization Overview
Teen Hope Ministries is located in Rochester, MN. The organization was established in 2018. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teen Hope Ministries 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, Teen Hope Ministries generated $114.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $110.9k during the year ending 12/2021. While expenses have increased by 15.4% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary S Kadansky Executive Director | 40 | $58,800 | |
Roger Warndahl Treasurer | 1 | $0 | |
Chris Williams Chairperson | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,435 |
| Total Program Service Revenue | $4,232 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29,167 |
| Other Revenue | $0 |
| Total Revenue | $114,855 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,081 |
| Professional fees and other payments to independent contractors | $105 |
| Occupancy, rent, utilities, and maintenance | $9,242 |
| Printing, publications, postage, and shipping | $2,166 |
| Other expenses | $17,339 |
| Total expenses | $110,933 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,560 |
| Other assets | $0 |
| Total assets | $34,560 |
| Total liabilities | $2,207 |
| Net assets or fund balances | $32,353 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Teen Hope Ministries has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Constellation Fund Minneapolis, MN PURPOSE: General operating support | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys & Girls Club Of The Red River Valley Fargo, ND | $3,157,956 | $2,887,070 |
Freedom For Youth Ministries Des Moines, IA | $3,745,728 | $1,950,742 |
Boys & Girls Brigade Association Inc Neenah, WI | $11,560,870 | $1,538,750 |
Boys Club Of Duluth Duluth, MN | $4,647,293 | $2,039,769 |
Prior Lake Athletics For Youth Prior Lake, MN | $644,847 | $1,334,397 |
Ice Sports Association Sioux Falls, SD | $8,319,597 | $1,512,869 |
Hospitality House Youth Development Minneapolis, MN | $1,783,481 | $1,547,963 |
Metro Baseball League Burnsville, MN | $1,745,759 | $1,618,007 |
Lighthouse Youth Center Inc Milwaukee, WI | $1,875,009 | $1,175,463 |
Fargo Youth Baseball Fargo, ND | $1,472,132 | $1,101,711 |
Project Youth Inc Rock Valley, IA | $4,060,122 | $1,703,907 |
Urban Boatbuilders Inc St Paul, MN | $529,785 | $733,218 |