New Hope Youth Ministries Inc is located in Russellville, AR. The organization was established in 2015. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Youth 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 03/2024, New Hope Youth Ministries Inc generated $14.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $3.5k during the year ending 03/2024. While expenses have increased by 11.3% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROGRAM DEVELOPMENT, TRAINING TOWARD OPENING A SHELTER, INCREASING AWARENESS OF THE NEED FOR RESTORATIVE CARE OF TRAFFICKING VICTIMS. MENTORING FOR AT-RISK YOUTH.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Arther Heathcock President | 30 | $0 | |
| Christie Moore Secretary Treasurer | 2 | $0 | |
| Laura Brinker Director | 5 | $0 | |
| Carl Hudson Director | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,918 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $30 | 
| Total Revenue | $14,948 | 
| 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 | $60 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $3,419 | 
| Total expenses | $3,479 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,383 | 
| Other assets | $0 | 
| Total assets | $56,383 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $56,383 |