Hope Alive Transformational Ministries Inc is located in Morrilton, AR. The organization was established in 2019. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Alive Transformational 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 Alive Transformational Ministries Inc generated $145.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $136.0k during the year ending 12/2022. 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
THE FOUNDATION PROVIDES MINI-GRANTS FOR TEACHERS TO FURTHER THEIR ABILITIES AND FOR STUDENTS TO FURTHER THEIR EDUCATION. THE FOUNDATION ALSO PROVIDES TECHNOLOGY FOR CLASSROOMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brad Underwood Chairman | 12 | $0 | |
Jeremy Williams Vice Chairman | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $145,065 |
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 | $145,065 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $54,329 |
Occupancy, rent, utilities, and maintenance | $11,552 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $70,116 |
Total expenses | $135,997 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $82,148 |
Other assets | $0 |
Total assets | $441,536 |
Total liabilities | $0 |
Net assets or fund balances | $441,536 |
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