Hope Inspired Ministries Inc

Organization Overview

Hope Inspired Ministries Inc is located in Montgomery, AL. The organization was established in 2012. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 09/2021, Hope Inspired Ministries Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Inspired 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 09/2021, Hope Inspired Ministries Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $1.0m during the year ending 09/2021. While expenses have increased by 27.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MAINTAIN EMPLOYMENT THROUGH A RIGOROUS 9 WEEK JOB TRAINING PROGRAM, EACH STUDENT PARTICIPATES IN OVER 360 HOURS OF TRAINING WHICH INCLUDES LIFE SKILLS, EMPLOYMENT SKILLS, UNPAID INTERNSHIPS WITH LOCAL BUSINESSES, AND G.E.D. PREPARATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

H.I.M IS DESIGNED TO TAKE CHRONICALLY UNEMPLOYED MEN AND WOMEN AND TRAIN THEM TO OBTAIN AND MAINTAIN EMPLOYMENT. THROUGH A RIGOROUS 9 WEEK JOB TRAINING PROGRAM, EACH STUDENT PARTICIPATES IN OVER 360 HOURS OF TRAINING WHICH INCLUDES LIFE SKILLS, EMPLOYMENT SKILLS, UNPAID INTERNSHIPS WITH LOCAL BUSINESSES, AND G.E.D. PREPARATION.


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Board, Officers & Key Employees

Name (title)Compensation
John Bowman
Executive Di
$84,975
Cade Armstrong
Vice-Chair
$0
Chuck Dilaura
Treasurer
$0
Ellenann Yelverton
Secretary
$0
Cleve Poole
Chairman
$0
Jane Allen
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,036,999
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,036,999
Total Program Service Revenue$0
Investment income $30,223
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $75,758
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,193,913

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Hope Inspired Ministries Inc has recieved totaling $236,588.

Awarding OrganizationAmount
Mightycause Charitable Foundation

Marianna, FL

PURPOSE: UNRESTRICTED

$62,658
Daniel Foundation Of Alabama

Birmingham, AL

PURPOSE: CHARITABLE

$35,000
Alabama Power Foundation Inc

Birmingham, AL

PURPOSE: GENERAL/OPERATING

$35,000
Rochester Area Community Foundation

Rochester, NY

PURPOSE: FOR GENERAL SUPPORT

$34,000
Montgomery Area Community Wellness Coalition

Montgomery, AL

PURPOSE: GRANT PROGRAM SUPPORT

$24,236
Orlean And Ralph W Beeson Fund

Birmingham, AL

PURPOSE: SUPPORT CAREER COACH STAFF AND COMMUNITY RELATIONS TEAM

$15,000
View Grant Recipient Profile

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