Hope Now Ministries
- Assets
- $199.0k
- Revenue
- $394.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 12/1985
- Data as of
- 12/2022
- EIN
- 75-2067420
Organization Overview
Hope Now Ministries is located in Atlanta, GA. The organization was established in 1985. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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 Now 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 12/2022, Hope Now Ministries generated $394.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $379.0k during the year ending 12/2022. While expenses have increased by 30.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOPE NOW MINISTRIES MISSION IS TO SPREAD THE HOPE OF JESUS CHRIST WHILE CARING FOR ORPHANS, RENEWING FAMILIES AND GROWING COMMUNITIES IN UKRAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WAR EFFORT - DUE TO THE UNPROVOKED INVASION OF UKRAINE BY RUSSIA OUR MINISTRY EXPANDED TO INCLUDE SUPPORT FOR THOSE IN OUR COMMUNITY WHO EITHER CHOSE OR WERE DRAFTED TO SERVE IN THE UKRAINIAN ARMED FORCES. THIS INCLUDED MANY OF OUR ORPHAN GRADUATES, VOLUNTEERS AND MINISTRY PARTNERS. AT THE ONSET OF THE WAR, OUR IMMEDIATE CONCERN WAS TO EVACUATE THE CHILDREN AT THE ORPHANAGE, THEIR CARE GIVERS, GUARDIANS, ORPHAN GRADUATES AND VOLUNTEERS. THE MAJORITY OF THESE EVACUEES WERE SAFELY SETTLED TO SHELTER IN NEIGHBORING COUNTRIES SUCH AS ROMANIA, POLAND, ITALY, SWEDEN, GERMANY, CZECH REPUBLIC AND THE USA. WE EVACUATED OVER 300 PEOPLE DURING 2022.
ORPHAN SPONSORSHIPS: THE ORPHAN SPONSORSHIPS PROGRAM SERVES 187 ORPHANS AT SHPOLA ORPHANAGE IN UKRAINE. SPONSORS IN THE UNITED STATES ARE PAIRED WITH ORPHANS IN SHPOLA TO PROVIDE CARE AND SUPPORT. MONTHLY SPONSORSHIPS PROVIDE NECESSITIES INCLUDING CLOTHING AND URGENT MEDICAL CARE, ALONG WITH MENTORSHIPS AND EDUCATIONAL AND LIFESKILL PROGRAMS AT THE ORPHANAGE.
HOPE NOW SUPPORTS MULTIPLE ORGANIZATIONS IN UKRAINE INCLUDING YOUTH CAMPS, LOCAL MINISTRIES FOR WIDOWS AND FOOD SERVICES FOR THE POOR. THE PRIMARY FOCUS IS ON SUMMER CAMPS HELD AT OUR FACILITY CALLED KOMPAS PARK LOCATED IN THE VILLAGE OF KHRYCHATYK NEAR CHERKASSY. SINCE KOMPAS PARKS INCEPTION IN 2007 APPROXIMATELY 400 CHILDREN, 100 WIDOWS AND 150 DISABLED PEOPLE ARE HOSTED ANNUALLY. HOWEVER DURING 2022 DUE TO THE WAR IN UKRAINE WE WERE UNABLE TO HOST FULL SCALE CAMPS AT KOMPAS PARK DUE TO LIMITED BOMB SHELTER FACILITIES. CAMPS WERE LIMITED TO APPROXIMATELY 50% ATTENDEES COMPARED TO A TYPICAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Knight President/treas | OfficerTrustee | 40 | $0 |
Darrell Knight Chairman | OfficerTrustee | 1 | $0 |
Charles Mcroberts Director | Trustee | 1 | $0 |
Beth Mcroberts Director | Trustee | 1 | $0 |
Mark Hansen Director | Trustee | 1 | $0 |
Ruth Hansen Director | Trustee | 1 | $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 | $394,924 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $394,924 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $394,924 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,456 |
| Grants and other assistance to Foreign Orgs/Individuals | $168,618 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,917 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $249 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $32,086 |
| 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 | $0 |
| Insurance | $354 |
| All other expenses | $12,063 |
| Total functional expenses | $379,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,953 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $198,953 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $500 |
| Total liabilities | $500 |
| Net assets without donor restrictions | $198,453 |
| 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 | $198,953 |