Our Lady Of Hope Inc
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Osyka, MS
- Founding
- Data as of
- 12/2021
- EIN
- 85-4196684
Organization Overview
Our Lady Of Hope Inc, operating under the name Our Lady Of Hope Catholic Retreat, is located in Osyka, MS. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, 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. Our Lady Of Hope Catholic Retreat is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR LADY OF HOPE, INC. HAS BEEN FORMED OUT OF LOVE OF GOD BY THE MEMBERS OF THE ROMAN CATHOLIC COMMUNITY IN TANGIPAHOA AND SURROUNDING PARISHES IN LOUISIANA AND MISSISSIPPI AND CHRITABLE WORKS PROVIDED BY THE CLERGY, RELIGIOUS AND PARISHIONERS. OUR "HOPE" IS TO BUILD & DESIGN A SHRINE TO OUR LADY WITH THE SIMPLE GOAL OF EDUCATING OUR FAMILIES IN THE TEACHINGS & TRADITIONS OF MOTHER CHURCH. THE GROUNDS, WITH NUMEROUS GARDENS, ARE DIRECTED TO THE UNDERSTANDINGS & WISDOM OF OUR CATHOLIC FAITH. THE SHRINE WILL ALSO OFFER OPPORTUNITIES FOR ATTENDEES TO STAY THE NIGHT(S) FOR RETREATS, SEMINARS, CONTEMPLATIVE DISCERNMENTS, OR SIMPLY, TO BE STILL AND PRAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOSTED SEVERAL MULTI-DAY AND OVERNIGHT RETREATS AND SEMINARS AIMED AT STRENGTHENING THE RELIGIOUS LIFE, SPIRITUALITY AND KNOWLEDGE IN THE CATHOLIC FAITH BY THOSE ATTENDING.
THE ORGANIZATION HELD SEVERAL DAY AND OVERNIGHT SUMMER CAMP SESSIONS FOR CHILDREN.
THE ORGANIZATION OPERATES A GIFT SHOP ON THE RETREAT CENTER PROPETY WHERE RETREAT AND CONVERENCE ATTENDEES CAN PURCHASE RELIGIOUS BOOKS, MATERIALS, PAINTINGS AND OTHER RELIGIOUS ARTIFACTS FOR THEIR PERSONAL BENEFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
FR Mark Beard President | OfficerTrustee | 30 | $0 |
Thomas M Fulmer Secretary/tr | Officer | 10 | $0 |
Dennis E James Board Member | Trustee | 5 | $0 |
Joshua L Hoffpauir Board Member | Trustee | 10 | $0 |
FR Miles Walsh Board Member | Trustee | 10 | $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 | $626,264 |
| Noncash contributions included in lines 1a–1f | $38,633 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $626,264 |
| Total Program Service Revenue | $436,744 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,309 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,079,317 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Management | $282,866 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,182 |
| Office expenses | $0 |
| Information technology | $1,049 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,151 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,209 |
| Insurance | $0 |
| All other expenses | $119,206 |
| Total functional expenses | $771,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $354,474 |
| Savings and temporary cash investments | $0 |
| 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 | $175,144 |
| Prepaid expenses and deferred charges | $36,246 |
| Net Land, buildings, and equipment | $787,904 |
| Investments—publicly traded securities | $10,426 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,553 |
| Total assets | $1,386,747 |
| Accounts payable and accrued expenses | $14,572 |
| Grants payable | $0 |
| Deferred revenue | $2,865 |
| 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 | $1,061,288 |
| Other liabilities | $0 |
| Total liabilities | $1,078,725 |
| Net assets without donor restrictions | $118,495 |
| Net assets with donor restrictions | $189,527 |
| 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 | $1,386,747 |
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