Ray Of Hope Foundation is located in Loveland, OH. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ray Of Hope Foundation 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, Ray Of Hope Foundation generated $62.3k in total revenue. All expenses for the organization totaled $28.2k during the year ending 12/2023. While expenses have increased by 84.7% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPPORT LOCAL YOUTH FAITH-BASED PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tina Wene President | 1 | $0 | |
Deanna Eastham Vice Preside | 1 | $0 | |
Gina Schrand Secretary | 1 | $0 | |
Dale Berger Board Member | 1 | $0 | |
Teresa Knadle Board Member | 1 | $0 | |
Chris Parchman Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,209 |
Total Program Service Revenue | $46,948 |
Membership dues | $0 |
Investment income | $116 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $62,273 |
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 | $736 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $390 |
Other expenses | $24,314 |
Total expenses | $28,151 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $61,964 |
Other assets | $0 |
Total assets | $61,964 |
Total liabilities | $1,350 |
Net assets or fund balances | $60,614 |