Hope Of Glory Ministries Inc
- Assets
- $128.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 7
- Location
- Omaha, NE
- Founding
- 03/2001
- Data as of
- 12/2019
- EIN
- 47-0827845
Organization Overview
Hope Of Glory Ministries Inc is located in Omaha, NE. The organization was established in 2001. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2019, Hope Of Glory Ministries Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Of Glory 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 12/2019, Hope Of Glory Ministries Inc generated $107.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (26.5%) each year. All expenses for the organization totaled $104.6k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (21.9%) per year over the past 4 years. 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
2019
Describe the Organization's Program Activity:
Part 3
TRANSITIONAL HOUSING GROUP HOME FOR MEN & WOMEN-PROVIDING SERVICES TO SEVERAL CLIENTS WHO LOST HOPE BECAUSE OF DRUG ADDICTION AND TO RESTORE AN ABUNDANT LIFE THROUGH JESUS CHRIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pastor Bruce Williams Program Director | 40 | $0 | |
Pastor Pat Williams Executive Director | 40 | $0 | |
Catherine Cook President | 1 | $0 | |
Dr Joseph C Stankus Vice President | 1 | $0 | |
Lynette Sorrentino Director | 1 | $0 | |
Rev Marshall Mcghee Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,763 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,763 |
| 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 | $63,426 |
| Occupancy, rent, utilities, and maintenance | $961 |
| Printing, publications, postage, and shipping | $22 |
| Other expenses | $40,157 |
| Total expenses | $104,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,126 |
| Other assets | $0 |
| Total assets | $127,976 |
| Total liabilities | $283,692 |
| Net assets or fund balances | -$155,716 |