Beacon Of Hope Ministry is located in Montevallo, AL. 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. Beacon Of Hope Ministry 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, Beacon Of Hope Ministry generated $114.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 52.6% each year . All expenses for the organization totaled $92.2k during the year ending 12/2022. While expenses have increased by 43.6% per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3
TO EXTEND THE GIFT OF HOPE TO PEOPLE LIVING IN POVERTY AND TO SHINE THE LIGHT OF JESUS CHRIST INTO THEIR DARKNESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adrian Mcguffie Secretary Treasurer | 2 | $0 | |
Beth A Wilkinson President | 40 | $0 | |
Joy Stritikus Vice President | 2 | $0 | |
Nancy Jones Vice President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $107,028 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,003 |
Other Revenue | $0 |
Total Revenue | $114,031 |
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 | $400 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $201 |
Other expenses | $682 |
Total expenses | $92,163 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $26,118 |
Other assets | $0 |
Total assets | $26,118 |
Total liabilities | $0 |
Net assets or fund balances | $26,118 |
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