Hope 4 One Ministries is located in Cleveland, TN. The organization was established in 2018. According to its NTEE Classification (P32) the organization is classified as: Foster Care, 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. Hope 4 One 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 4 One Ministries generated $118.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $35.9k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 3 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PROVIDED A FOSTER/ADOPTION CLOSET FOR FAMILIES TO RECEIVE NECESSITIES TO CARE FOR CHILDREN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Haun Director | 10 | $0 | |
Camill Howard Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,375 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,279 |
| Other Revenue | $0 |
| Total Revenue | $118,654 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,764 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,247 |
| Printing, publications, postage, and shipping | $7,136 |
| Other expenses | $12,681 |
| Total expenses | $35,887 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,071 |
| Other assets | $0 |
| Total assets | $120,245 |
| Total liabilities | $0 |
| Net assets or fund balances | $120,245 |