Hope Ministries Inc
- Assets
- $43.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, MO
- Founding
- 03/2008
- Data as of
- 12/2023
- EIN
- 84-1719436
Organization Overview
Hope Ministries Inc is located in Washington, MO. The organization was established in 2008. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope 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 12/2023, Hope Ministries Inc generated $43.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $52.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
DURING THE TAX YEAR, THE ORGANIZATION HELPED FURTHER AND DEVELOP A MEAT MARKET IN CAMEROON, AFRICA. THROUGH THE MEAT MARKET, ORPHANS ARE BEING TAUGHT A SKILL AND GOOD WORK HABITS. THE PURPOSE OF THIS BUSINESS IS TO GENERATE INCOME FOR AN ORPHANAGE, AND TO TEACH A TRADE TO THE ORPHANS IN CAMEROON, AFRICA. MORE THAN 10 ORPHANS WERE PROVIDED SUPPORT DURING THE YEAR FOR FOOD, CLOTHING, MEDICAL, AND EDUCATIONAL NEEDS. SUPPORT AND FURTHER EDUCATION WERE GIVEN TO SEVERAL PASTORS SO THEY COULD CONTINUE TO REACH OUT TO THEIR PEOPLE IN THEIR LOCAL VILLAGES. MEDICAL AND HOUSING ASSISTANCE WAS GIVEN TO THOSE WHO HAVE NO MEANS OF PAYING FOR THEIR MEDICAL OR HOUSING NEEDS.MOST OF THESE ACTIVITIES AND PROGRAMS WERE CARRIED OUT IN THE NORTHWEST PROVINCE OF CAMEROON, AFRICA. SUPPORT WAS GIVEN TO MISSIONARIES IN CAMEROON, AFRICA AND THEIR MINISTRIES, AND OTHER MISSION ORGANIZATIONS AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberta Simons President | 19 | $0 | |
Julia Paulus Vice President | 2 | $0 | |
Edward Simons Treasurer | 21 | $0 | |
Lynn Tolliver Secretary | 3 | $0 | |
Karen Wood Director | 1 | $0 | |
Laverne Landwehr Director | 13 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,430 |
| 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 | $43,430 |
| 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 | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,195 |
| Total expenses | $51,983 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,299 |
| Other assets | $0 |
| Total assets | $43,237 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,237 |