Hope Street Ministries Inc
- Assets
- $1.7m
- Revenue
- $891.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 10/2005
- Data as of
- 06/2021
- EIN
- 05-0627081
Organization Overview
Hope Street Ministries Inc is located in Milwaukee, WI. The organization was established in 2005. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Street 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 06/2021, Hope Street Ministries Inc generated $891.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $569.7k during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOPE STREET MINISTRY INC., IS A CHRISTIAN MINISTRY PROVIDING TRANSITIONAL HOUSING AND CHRISTIAN DISCIPLESHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE STREET MINISTRY, INC., IS A CHRISTIAN MINISTRY PROVIDING TRANSITIONAL HOUSING AND CHRISTIAN DISCIPLESHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Thomas Executive Director | Officer | 40 | $88,712 |
Toya Washington Vice Chair | OfficerTrustee | 2 | $0 |
William Bowen Board Chair | OfficerTrustee | 4 | $0 |
Richard Whittow Treasurer | OfficerTrustee | 2 | $0 |
Rachel Stricker Secretary | OfficerTrustee | 0.1 | $0 |
Daryl Hines Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,114 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $764,670 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $789,784 |
| Total Program Service Revenue | $162,799 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$68,893 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $891,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,090 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $10,733 |
| Compensation of current officers, directors, key employees. | $88,712 |
| Compensation of current officers, directors, key employees. | $31,049 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,210 |
| Pension plan accruals and contributions | $2,551 |
| Other employee benefits | $0 |
| Payroll taxes | $19,815 |
| Fees for services: Management | $0 |
| 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 | $13,579 |
| Advertising and promotion | $15,350 |
| Office expenses | $24,565 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,613 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,059 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,668 |
| Insurance | $52,180 |
| All other expenses | $999 |
| Total functional expenses | $569,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $393,548 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,455 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $540,493 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $800,993 |
| Total assets | $1,743,489 |
| Accounts payable and accrued expenses | $7,794 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $465,477 |
| Total liabilities | $473,271 |
| Net assets without donor restrictions | $330,603 |
| Net assets with donor restrictions | $939,615 |
| 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 | $1,743,489 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Street Ministries Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Vander Ploeg Family Foundation Inc Oostburg, WI PURPOSE: RELIGIOUS SERVICES | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Teen Challenge Inc Minneapolis, MN | $104,665,347 | $61,277,407 |
Illinois Coalition Against Domestic Violence Springfield, IL | $5,490,585 | $24,395,552 |
Detroit Rescue Mission Ministries Genesis House I Ii Iii & Oasis Detroit, MI | $23,068,390 | $23,214,196 |
Tabor Hills Health Care Facility Inc Naperville, IL | $16,011,372 | $13,809,692 |
United Community Services Inc West Des Moines, IA | $13,692,066 | $14,484,851 |
Community Programs Inc Waterford, MI | $9,627,110 | $14,244,403 |
Tellurian Inc Madison, WI | $4,497,126 | $12,734,834 |
Great Lakes Recovery Centers Inc Ishpeming, MI | $7,175,220 | $9,742,781 |
Rincon Family Services Chicago, IL | $4,287,155 | $9,862,111 |
Guardian Angels Health And Rehabilitation Center Hibbing, MN | $12,927,981 | $8,356,792 |
Community Healing Centers Kalamazoo, MI | $3,003,916 | $7,848,813 |
Impact Alcohol And Other Drug Abuse Services Inc Milwaukee, WI | $3,065,671 | $6,636,442 |