Spring Of Hope Ministries Inc
- Assets
- $234.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sandpoint, ID
- Founding
- 05/2009
- Data as of
- 12/2020
- EIN
- 26-3630844
Organization Overview
Spring Of Hope Ministries Inc is located in Sandpoint, ID. The organization was established in 2009. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring 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 12/2020, Spring Of Hope Ministries Inc generated $18.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.9%) each year. All expenses for the organization totaled $37.9k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
TRAINING WORKSHOPS AND CONFERENCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel E Wray President | 0 | $0 | |
David Flory Assnt Secretary | 0 | $0 | |
Brenton Wise Director | 0 | $0 | |
Byron Miller Vice President | 0 | $0 | |
Randall L Jenkins Director | 0 | $0 | |
Danielle Wray Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,956 |
| Total Program Service Revenue | $4,858 |
| Membership dues | $0 |
| Investment income | $5,688 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $127 |
| Total Revenue | $18,629 |
| 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 | $895 |
| Occupancy, rent, utilities, and maintenance | $15,993 |
| Printing, publications, postage, and shipping | $2,038 |
| Other expenses | $8,975 |
| Total expenses | $37,901 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $234,197 |
| Other assets | $0 |
| Total assets | $234,347 |
| Total liabilities | $788 |
| Net assets or fund balances | $233,559 |