Hope And Purpose Ministries
- Assets
- $144.0k
- Revenue
- $197.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Kenner, LA
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 46-5403609
Organization Overview
Hope And Purpose Ministries is located in Kenner, LA. The organization was established in 2017. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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 And Purpose 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 12/2021, Hope And Purpose Ministries generated $197.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $229.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF HOPE AND PURPOSE MINISTRIES IS TO PARTICIPATE IN THE NEW EVANGELIZATION THROUGH PREACHING, TEACHING, AND THE USE OF EXCELLENT MEDIA INITIATIVES AND BY OFFERING HOPE AND PURPOSE TO ALL INDIVIDUALS THROUGH ENCOURAGEMENT AND KNOWLEDGE SHARING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE AND PURPOSE MINISTRIES WAS CREATED TO TEACH, MENTOR, AND INSPIRE PEOPLE THROUGH THE CREATION, PUBLICATION, AND DISTRIBUTION OF SCRIPTURALLY-SOUND, CATHOLIC MATERIALS IN ALL FORMS OF MEDIA, FOR THE PURPOSE OF BUILDING THE KINGDOM OF GOD THROUGH EVANGELIZATION, CATECHESIS, AND EDUCATION. FURTHERMORE, HOPE AND PURPOSE MINISTRIES WORKS TO GROW THE KINGDOM OF GOD WITH PERSON-TO-PERSON WITNESSING, TEACHING, AND MENTORING THROUGH PRAYER OPPORTUNITIES, CONFERENCES, RETREATS, MISSIONS, AND OTHER SPEAKING ENGAGEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry D Oney President | OfficerTrustee | 35 | $0 |
Melanie Parquet Secretary | OfficerTrustee | 0.5 | $0 |
Tracie Huguet Director | Trustee | 0.5 | $0 |
Candy Leblanc Treasurer | Trustee | 0.5 | $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 | $155,685 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,685 |
| Total Program Service Revenue | $0 |
| Investment income | $99 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $197,705 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,998 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,690 |
| Advertising and promotion | $4,765 |
| Office expenses | $10,187 |
| Information technology | $3,539 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $48,749 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $292 |
| Insurance | $0 |
| All other expenses | $595 |
| Total functional expenses | $229,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,543 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,647 |
| 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 | $20,793 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $143,983 |
| Accounts payable and accrued expenses | $11,472 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,472 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $132,511 |
| Total liabilities and net assets/fund balances | $143,983 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope And Purpose Ministries has recieved totaling $2,515.
| Awarding Organization | Amount |
|---|---|
Whitman Family Foundation Metairie, LA PURPOSE: GENERAL SUPPORT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rhema For The Nations Inc Arlington, TX | $109,090 | $3,497,036 |
Truth For Today World Mission School Inc Searcy, AR | $8,904,427 | $4,531,764 |
International Bible Association Dallas, TX | $1,916,333 | $274,630 |
Baptist Standard Publishing Co Plano, TX | $7,713,665 | $700,835 |
Arkansas Baptist Newsmagazine Inc Little Rock, AR | $755,217 | $521,448 |
Jubal Band Ministries Mckinney, TX | $235,616 | $752,469 |
Gospel Minutes Publications Inc Fort Worth, TX | $75,619 | $621,953 |
Christ Church Media Inc New Albany, MS | $149,641 | $471,546 |
Texas Impact Education Fund Austin, TX | $719,286 | $275,020 |
Hope And Purpose Ministries Kenner, LA | $143,983 | $197,705 |
Sacra Script Ministries McKinney, TX | $83,412 | $240,912 |
Revival In Our Time Inc Dallas, TX | $15,117 | $0 |