Hannahs Hope Ministries Inc
- Assets
- $835.9k
- Revenue
- $537.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Reading, PA
- Founding
- 11/2012
- Data as of
- 12/2022
- EIN
- 45-4674547
Organization Overview
Hannahs Hope Ministries Inc is located in Reading, PA. The organization was established in 2012. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Hannahs Hope Ministries Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hannahs 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 12/2022, Hannahs Hope Ministries Inc generated $537.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $303.3k during the year ending 12/2022. While expenses have increased by 9.4% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HANNAHS HOPE MINISTRIES EXISTS TO IDENTIFY AND PROACTIVELY ADDRESS THE NEEDS OF HOMELESS WOMEN AND THEIR CHILDREN. WE BELIEVE, BY PROVIDING A SUPPORTIVE AND CONSTANT CARE ENVIRONMENT, WOMEN CAN BE RESTORED TO PHYSICAL, EMOTIONAL, AND SPIRITUAL WHOLENESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFORM PROGRAM: THE TRANSFORM PROGRAM IS A RESIDENTIAL PROGRAM THAT HOUSES SINGLE WOMEN AND THEIR CHILDREN FOR UP TO TWO YEARS WHILE THE WOMEN WORK TO TRANSITION TO INDEPENDENT PERMANENT HOUSING. THESE SERVICES TAKE PLACE IN HANNAHS HOME. COMPONENTS OFF THE PROGRAM INCLUDE CASE MANAGEMENT, EMPLOYMENT TRAINING, EDUCATION ASSISTANCE, LIFE SKILLS TRAINING, COUNSELING, PARENTING CLASSES, FINANCIAL EDUCATION, CHILDRENS PROGRAMS, BIBLE STUDIES AND DISCIPLESHIP, AND COMMUNITY SERVICE. IN 2018 A GROUP HOME (KNOWN AS HANNAHS HOME) WAS PURCHASED, PREPARED, AND PUT IN SERVICE. THIS FACILITY, WHICH HOUSES AND SERVES UP TO SIX WOMEN/CHILDREN FAMILY UNITS AT A TIME, OPERATED AT CAPACITY THROUGHOUT 2019, 2020, 2021, AND 2022. A TOTAL OF 10 WOMEN AND 16 CHILDREN (AGES 0 - 17) WERE SERVED IN THIS PROGRAM IN 2022.
CARE PROGRAM: THE CARE PROGRAM IS AN OUTREACH THAT PROVIDES COMMUNITY SERVICES TO WOMEN AND CHILDREN. THIS PROGRAM STRENGTHENS WOMEN THROUGH EDUCATION AND RESOURCES TO HELP THEM BECOME STABLE PHYSICALLY, EMOTIONALLY, AND SPIRITUALLY. CARE PROGRAM OUTREACH INCLUDES GUIDANCE IN PARENTING, HEALTH, NUTRITION, LIFE SKILLS, FINANCES, EMPLYMENT, EDUCATION, HOUSING, AND LEGAL MATTERS. AN IMPORTANT COMPONENT OF THIS PROGRAM IS COUNSELING/GUIDING CLIENTS TO OTHER MINISTRIES APPROPRIATE TO THEIR NEEDS. MORE THAN 489 PERSONS WERE SERVED THROUGH THE CARE PROGRAM DURING 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsy Santiago Case Manager | 40 | $58,681 | |
Joy Kesock Program Director | Officer | 40 | $46,983 |
Yomari Rivera Board Member | Trustee | 2 | $0 |
David Bosler Board Member | Trustee | 2 | $0 |
Cindy Rutt Board Member | Trustee | 2 | $0 |
Kim Hontz Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $93,815 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $446,970 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $540,785 |
| Total Program Service Revenue | $2,540 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,472 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $537,872 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $105,664 |
| Compensation of current officers, directors, key employees. | $46,983 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,827 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,442 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,202 |
| Advertising and promotion | $1,539 |
| Office expenses | $11,198 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,002 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,072 |
| Insurance | $11,775 |
| All other expenses | $19,478 |
| Total functional expenses | $303,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,904 |
| Savings and temporary cash investments | $5 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $449,961 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $835,870 |
| Accounts payable and accrued expenses | $0 |
| 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 | $4,800 |
| Secured mortgages and notes payable | $50,311 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,435 |
| Total liabilities | $60,546 |
| Net assets without donor restrictions | $641,619 |
| Net assets with donor restrictions | $133,705 |
| 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 | $835,870 |