Hope Aglow Ministries
- Assets
- $310.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 05/1972
- Data as of
- 12/2022
- EIN
- 23-7181430
Organization Overview
Hope Aglow Ministries is located in Lynchburg, VA. The organization was established in 1972. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Hope Aglow Ministries 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, Hope Aglow Ministries generated $121.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $76.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 5 years. 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
PRISON EVANGELISMPREACH THE GOOD NEWS OF JESUS CHRIST AND OFFER A BASICBIBLE COURSE TO ANY INMATE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garry Sims Executive Director | 20 | $12,000 | |
Donald R Leslie Treasurer | 2 | $0 | |
Harold Knowles Director | 1 | $0 | |
Anna Knowles Director | 1 | $0 | |
Dave Stinnett Director | 1 | $0 | |
Greg Nolan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,137 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $60 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,197 |
| 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 | $12,996 |
| Occupancy, rent, utilities, and maintenance | $3,549 |
| Printing, publications, postage, and shipping | $22,448 |
| Other expenses | $37,889 |
| Total expenses | $76,882 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $279,696 |
| Other assets | $0 |
| Total assets | $310,654 |
| Total liabilities | $0 |
| Net assets or fund balances | $310,654 |