Sharing Hope Ministry Inc
- Assets
- $2.8m
- Revenue
- $820.2k
- Investments
- $0.0
- Employees
- 16
- Location
- Amarillo, TX
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 91-2157950
Organization Overview
Sharing Hope Ministry Inc is located in Amarillo, TX. The organization was established in 2002. According to its NTEE Classification (X03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Sharing Hope Ministry Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharing Hope Ministry 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, Sharing Hope Ministry Inc generated $820.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $546.8k 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
PROVIDING CHRIST-CENTERED RECOVERY MATERIAL AND AFTERCARE SERVICES TO WOMEN, ACROSS THE NATION, WHO ARE INCARCERATED OR WHO RESIDE IN ADDICTION RECOVERY FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARING HOPE MINISTRY PROVIDES AN AVERAGE OF 1500 CHRIST-CENTERED SERVICES EACH MONTH TO INCARCERATED AND RECOVERING WOMEN ACROSS THE UNITED STATES.
PATSY'S PLACE TRANSITIONAL HOME PROVIDES SAFE HOUSING, BASIC NECESSITIES, EDUCATION, MENTORING, RECOVERY SERVICES AND SUPPORT TO WOMEN FROM THE TEXAS PANHANDLE. GRADUATES LEAVE THE PROGRAM AS SELF-SUFFICIENT, PRODUCTIVE MEMBERS OF SOCIETY.
CENTER FOR ADVANCEMENT PROVIDES SUPPORT FOR WOMEN WHO HAVE BEEN RELEASED FROM PRISON WITH THE GOAL OF HELPING THEM BREAK THE CHAINS OF INCARCERATION, ADDICTION, AND ABUSE BY TEACHING THEM TO LIVE HEALTHY, PRODUCTIVE, AND GODLY LIVES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Riggs Executive Director | Officer | 40 | $68,769 |
Kimberly Gilbert Secretary | OfficerTrustee | 2 | $0 |
Jana Yarbrough Vice-President | OfficerTrustee | 2 | $0 |
Rick Brenneman Treasurer | OfficerTrustee | 2 | $0 |
Margaret Willis President | OfficerTrustee | 2 | $0 |
Nancy Boyce Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $173,819 |
| Related organizations | $0 |
| Government grants | $110,511 |
| All other contributions, gifts, grants, and similar amounts not included above | $501,508 |
| Noncash contributions included in lines 1a–1f | $54,577 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $785,838 |
| Total Program Service Revenue | $7,594 |
| Investment income | $3,418 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,120 |
| Net Gain/Loss on Asset Sales | $1,500 |
| Net Income from Fundraising Events | -$4,802 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $542 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $820,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,991 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $69,075 |
| Compensation of current officers, directors, key employees. | $6,217 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,791 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,973 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40 |
| Advertising and promotion | $9,173 |
| Office expenses | $26,009 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,988 |
| Travel | $3,470 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $414 |
| Interest | $911 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,668 |
| Insurance | $30,990 |
| All other expenses | $32,723 |
| Total functional expenses | $546,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $801,583 |
| 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 | $9,759 |
| Prepaid expenses and deferred charges | $4,081 |
| Net Land, buildings, and equipment | $1,933,601 |
| Investments—publicly traded securities | $33,840 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2 |
| Total assets | $2,782,866 |
| Accounts payable and accrued expenses | $13,396 |
| 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 | $13,396 |
| Net assets without donor restrictions | $2,758,953 |
| Net assets with donor restrictions | $10,517 |
| 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 | $2,782,866 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Sharing Hope Ministry Inc has recieved totaling $146,567.
| Awarding Organization | Amount |
|---|---|
Amarillo Area Foundation Inc Amarillo, TX PURPOSE: GENERAL SUPPORT | $100,809 |
High Plains Christian Ministries Foundation Amarillo, TX PURPOSE: VARIOUS PURPOSES | $15,000 |
Frances E Maddox Foundation Amarillo, TX PURPOSE: SUPPORT | $15,000 |
Harrington Cancer And Health Foundation Amarillo, TX PURPOSE: ADDICTION RECOVERY | $8,500 |
Scott And Gloria Herrick Foundation Amarillo, TX PURPOSE: PRISON MINISTRY | $2,500 |
Josephine Anderson Charitable Trust Amarillo, TX PURPOSE: OPERATING | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
A Partners Houston, TX | $2,714,025 | $3,310,915 |
Christian Music Broadcasters Inc Little Rock, AR | $1,287,210 | $1,347,399 |
Sharing Hope Ministry Inc Amarillo, TX | $2,782,866 | $820,210 |
Teen Flow Midland, TX | $1,165,251 | $508,523 |
Chaplaincy Of Fullgospel Churches Cedar Hill, TX | $749,411 | $696,954 |
Loving All Peoples Dallas, TX | $278,644 | $381,439 |
Native Missionary Movement Richardson, TX | $60,994 | $281,721 |
Association Of Biblical Counselors Fort Worth, TX | $117,333 | $279,430 |
International Coalition Of Apotles Inc Arlington, TX | $100,519 | $169,862 |
National Nocturnal Adoration Society Laredo, TX | $136,505 | $205,910 |
Mcgod Inc El Paso, TX | $48,701 | $0 |
Ambassadors Impact Network Inc Dallas, TX | $8,217 | $122,752 |