Hope Gives Ministries
- Assets
- $155.7k
- Revenue
- $100.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- Data as of
- 12/2017
- EIN
- 27-3205252
Organization Overview
Hope Gives Ministries is located in Scottsdale, AZ.
For the year ending 12/2017, Hope Gives Ministries generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $42.7k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (42.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE GIVES MINISTRIES PROVIDES FINANCIAL ASSISTANCE TO FAMILIES WITH SERIOUS INJURIES OR LIFE THREATENING ILLNESSES. OVER 35 FAMILIES WERE ASSISTED IN 2017. HOPE GIVES MINISTRIES PROVIDES GIFTS TO CHILDREN HOSPITALIZED DUE TO INJURIES OR ILLNESSES DURING THEIR VISISTS TO LOCAL CHILDREN'S HOSPITALS. THE GIFTS ARE TO HELP THE CHILD DEAL WITH THE STRESS OF BEING HOSPITALIZED AND THEIR TREATMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle M Vetrano President | 15 | $0 | |
Laura Bongiorno Secretary | 0 | $0 | |
Joni Keller Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $13 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,013 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,421 |
| Total operating and administrative expenses | $2,421 |
| Contributions, gifts, grants paid | $40,232 |
| Total expenses and disbursements | $42,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $155,204 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $500 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $155,704 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hope Gives Ministries has awarded $40,232 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ALICIA KEITH PURPOSE: FINANCIAL ASSISTANCE | $2,110 |
CAYDEN SHOPE PURPOSE: FINANCIAL ASSISTANCE | $1,208 |
EDUARDO VALENZUELA PURPOSE: FINANCIAL ASSISTANCE | $1,200 |
DONALD WARK PURPOSE: FINANCIAL ASSISTANCE | $3,262 |
ELOISE MAS PURPOSE: FINANCIAL ASSISTANCE | $1,692 |
ERIC PETERSON PURPOSE: FINANCIAL ASSISTANCE | $1,650 |