Hope Family Ministries Inc
- Assets
- $270.3k
- Revenue
- $290.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Tupelo, MS
- Founding
- 10/1995
- Data as of
- 12/2021
- EIN
- 64-0861075
Organization Overview
Hope Family Ministries Inc is located in Tupelo, MS. The organization was established in 1995. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Hope Family Ministries Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Family 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 12/2021, Hope Family Ministries Inc generated $290.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $265.0k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BIBLICAL BASED COUNSELING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED BIBLICAL BASED COUNSELING TO AREA FAMILIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dottie Carnathan Chairman | OfficerTrustee | 0 | $0 |
Lisa Tally Vice Chairman | OfficerTrustee | 0 | $0 |
Tammy Johnson Secretary | OfficerTrustee | 0 | $0 |
Milton H Marecle President | OfficerTrustee | 0 | $0 |
Matt Wilburn Chief Executive Officer | Officer | 40 | $0 |
J Martin Lee Jr Director | Trustee | 0 | $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 | $272,622 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $272,622 |
| Total Program Service Revenue | $18,037 |
| Investment income | $7 |
| 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 | $290,748 |
| 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. | $102,818 |
| Compensation of current officers, directors, key employees. | $6,212 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,048 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,619 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,366 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,501 |
| Advertising and promotion | $4,868 |
| Office expenses | $3,619 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,158 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $44 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,255 |
| Insurance | $5,737 |
| All other expenses | $149 |
| Total functional expenses | $265,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,645 |
| Savings and temporary cash investments | $0 |
| 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 | $180,616 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $270,261 |
| Accounts payable and accrued expenses | $850 |
| 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 | $850 |
| Net assets without donor restrictions | $269,411 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $270,261 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope Family Ministries Inc has recieved totaling $8,081.
| Awarding Organization | Amount |
|---|---|
United Way Of Northeast Mississippi Inc Tupelo, MS PURPOSE: Biblical counseling | $8,062 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
New Orleans Mission Inc New Orleans, LA | $5,963,143 | $11,588,055 |
Presbyterian Village Inc Little Rock, AR | $7,163,719 | $8,947,997 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
City Of Faith Prison Ministries Monroe, LA | $6,013,159 | $9,077,995 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Score International Inc Chattanooga, TN | $7,470,885 | $5,241,961 |
Greater St Stephen Ministries New Orleans, LA | $35,746,422 | $4,835,716 |
Heritage Ministries Inc Alcoa, TN | $1,430,350 | $4,695,767 |
The Center For Mission Mobilization Fayetteville, AR | $1,216,844 | $3,474,076 |
Ron Hutchcraft Ministries Inc Harrison, AR | $7,153,742 | $5,963,497 |
Scott Dawson Evangelistic Assoc Inc Birmigham, AL | $1,381,144 | $3,273,711 |