Hope Alive Transformational Ministries Inc
- Assets
- $441.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morrilton, AR
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 83-3070028
Organization Overview
Hope Alive Transformational Ministries Inc is located in Morrilton, AR. The organization was established in 2019. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Alive Transformational 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 12/2022, Hope Alive Transformational Ministries Inc generated $145.1k 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 (20.7%) each year. All expenses for the organization totaled $136.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION PROVIDES MINI-GRANTS FOR TEACHERS TO FURTHER THEIR ABILITIES AND FOR STUDENTS TO FURTHER THEIR EDUCATION. THE FOUNDATION ALSO PROVIDES TECHNOLOGY FOR CLASSROOMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Williams Vice Chairman | 4 | $0 | |
Brad Underwood Chairman | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,065 |
| 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 | $145,065 |
| 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 | $54,329 |
| Occupancy, rent, utilities, and maintenance | $11,552 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $70,116 |
| Total expenses | $135,997 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,148 |
| Other assets | $0 |
| Total assets | $441,536 |
| Total liabilities | $0 |
| Net assets or fund balances | $441,536 |
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