Vision Of Hope Ministries Inc
- Assets
- $1.6m
- Revenue
- $328.8k
- Investments
- $0.0
- Employees
- 17
- Location
- Lafayette, IN
- Founding
- 07/2006
- Data as of
- 06/2022
- EIN
- 20-4983677
Organization Overview
Vision Of Hope Ministries Inc is located in Lafayette, IN. The organization was established in 2006. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Vision Of Hope Ministries Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision Of 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 06/2022, Vision Of Hope Ministries Inc generated $328.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $603.7k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RECOGNIZE THE WORTH AND SANCTITY OF HUMAN LIFE BY MINISTERING TO YOUNG WOMEN, CHILDREN, AND FAMILIES IN A CHRIST-CENTERED ENVIRONMENT. OFFER A FAITH-BASED RESIDENTIAL TREATMENT PROGRAM FOR GIRLS AGE 14-28 STRUGGLING WITH: UNPLANNED PREGNANCY, ALCOHOL OR DRUG ABUSE, EATING DISORDERS, OR SELF-HARM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL TREATMENT PROGRAM FOR GIRLS AGE 14-28 STRUGGLING WITH: UNPLANNED PREGNANCY, ALCOHOL OR DRUG ABUSE, EATING DISORDERS, OR SELF-HARM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Green President | OfficerTrustee | 0.5 | $0 |
Amy Baker Secretary | OfficerTrustee | 0.5 | $0 |
Linda Rohrman Vice Preside | OfficerTrustee | 0.5 | $0 |
Matthew Westhuis CFO | Officer | 0 | $0 |
Steve Viars Director | Trustee | 0.5 | $0 |
Jana Kessler Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $130,045 |
| Related organizations | $70,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,424 |
| Noncash contributions included in lines 1a–1f | $34,040 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $406,469 |
| Total Program Service Revenue | $29,805 |
| Investment income | $8,892 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,274 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$12,676 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $328,828 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,862 |
| 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 | $281,630 |
| Pension plan accruals and contributions | $572 |
| Other employee benefits | $78,398 |
| Payroll taxes | $18,141 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,877 |
| Office expenses | $57,750 |
| Information technology | $1,095 |
| Royalties | $0 |
| Occupancy | $49,653 |
| Travel | $6,006 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,281 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,827 |
| All other expenses | $610 |
| Total functional expenses | $603,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,634 |
| Savings and temporary cash investments | $329,333 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,700 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $65,604 |
| Prepaid expenses and deferred charges | $12,808 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,173,703 |
| Total assets | $1,616,782 |
| Accounts payable and accrued expenses | $38,620 |
| 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 | $0 |
| Total liabilities | $38,620 |
| Net assets without donor restrictions | $404,319 |
| Net assets with donor restrictions | $1,173,843 |
| 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 | $1,616,782 |
Grants Awarded
Over the last fiscal year, Vision Of Hope Ministries Inc has awarded $78,512 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FAITH PROPERTIES PURPOSE: OPERATING EXPENSES | $33,512 |
FAITH BIBLICAL COUNSELING MINISTRIE PURPOSE: TRANFER OF GIFT | $25,000 |
Lafayette, IN PURPOSE: OPERATING EXPENSES | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vision Of Hope Ministries Inc has recieved totaling $125.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $125 |
Endowment Analysis
| Beg. Balance | $1,276,832 |
| Earnings | -$103,128 |
| Admin Expense | -$1 |
| Ending Balance | $1,173,703 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communicare Inc Elizabethtown, KY | $28,348,921 | $60,451,049 |
Hamilton Center Inc Terre Haute, IN | $46,620,128 | $48,986,335 |
Cedar Lake Lodge Inc Louisville, KY | $20,570,486 | $29,271,198 |
New Hope Of Indiana Inc Indianapolis, IN | $18,496,308 | $25,933,422 |
Northwest Passage Limited Webster, WI | $8,068,640 | $12,387,933 |
Child Center Marygrove Florissant, MO | $7,146,783 | $10,512,992 |
Comprehend Inc Regional Mental Health-Mental Retardation Board In Maysville, KY | $11,822,807 | $11,248,090 |
Lifedesigns Inc Bloomington, IN | $12,506,879 | $10,047,462 |
Queen Of Peace Center St Louis, MO | $4,544,737 | $9,333,089 |
Norris Inc Mukwonago, WI | $38,370,583 | $6,051,091 |
Diocesan Catholic Childrens Home Inc Ft Mitchell, KY | $13,133,511 | $6,253,027 |
Magdala Foundation St Louis, MO | $3,789,468 | $5,696,827 |