Theres Hope Inc in Albemarle, North Carolina (NC)
Table of contents:
| Theres Hope Inc | |
| Employer Identification Number (EIN) | 562040954 |
| Name of Organization | Theres Hope Inc |
| Address | PO BOX 1196, Albemarle, NC 28002-1196 |
| Subsection | Charitable Organization, Educational Organization, Religious Organization |
| Ruling Date | 01/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $8,676 |
| Amount of Income | $45,589 |
| Form 990 Revenue Amount | $44,162 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Religious Media, Communications Organizations |
Non-representatives - add comments:
Amount of income in 2013: $45,589 (it was $36,394 in 2012)
| Theres Hope Inc: | $45,589 |
| Other organizations performing similar types of work: | $70,696 |
Assets in 2013: $8,676 (it was $3,974 in 2012)
| This organization: | $8,676 |
| Other organizations performing similar types of work: | $23,289 |
Expenses in 2013: $39,460
| This organization: | $39,460 |
| Other organizations performing similar types of work: | $73,773 |
Income to expenses ratio in 2013: 1.2
| Theres Hope Inc: | 1.2 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 86.6%
| Theres Hope Inc: | 86.6% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $36,721 | $34,668 | $44,162 |
| Contributions, gifts, grants, and similar amounts received | $29,840 | $28,170 | $38,238 |
| Program service revenue including government fees and contracts | $6,678 | $6,835 | $6,258 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $203 | $-337 | $-333 |
| Gross sales of inventory, less returns and allowances | $999 | $1,389 | $1,094 |
| Less: cost of goods sold | $796 | $1,726 | $1,427 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $36,537 | $34,523 | $39,460 |
| Total net assets | $3,830 | $3,974 | $8,676 |
| Excess/Deficit for the year | $184 | $144 | $4,702 |
| Net assets or fund balances at beginning of year | $3,646 | $3,830 | $3,974 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $3,974 | $8,676 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $3,830 | $3,974 | $8,676 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $3,830 | $3,974 | $8,676 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $191,476 |
| Subtotal | $191,476 |
| Gifts, grants, contributions, and membership fees received | $166,556 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $24,920 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $191,476 |
| Public support | $191,476 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Friends Of Australian Wildlife Conservancy Inc | 1 New Haven Ave Ste 102, Milford, CT 06460-3398 | CT | 2007-07 | $257,403 |
| 2 | Vision Caster Ministries | 5920 Old Tar Rd, Winterville, NC 28590-7781 | NC | 2003-12 | $271,169 |
| 3 | Freedom To Lead International | PO BOX 3, Cary, NC 27512-0003 | NC | 2009-10 | $237,297 |
| 4 | Sharing The Light Ministries Inc | Po Box 5008, Winston Salem, NC 27113 | NC | 2007-07 | $131,770 |
| 5 | Voice Of Freedom | 2292 Floyd Harris Road, Greenville, NC 27834 | NC | 2011-02 | $73,181 |
| 6 | Theres Hope Inc | PO BOX 1196, Albemarle, NC 28002-1196 | NC | 1999-01 | $45,589 |
| 7 | Prh Ministries | 207a Gordon Street, Sanford, NC 27330 | NC | 2008-07 | $43,468 |
| 8 | Encouragement Cafe Ministries Inc | PO BOX 1237, Clemmons, NC 27012-1237 | NC | 2011-03 | $21,217 |
| 9 | We Trust God Inc | 4221 Jacumin Rd, Valdese, NC 28690-9480 | NC | 2007-07 | $1,122 |
| 10 | Bible Media Group Inc | 303 High House Rd, Cary, NC 27513-4206 | NC | 2001-12 | $20 |
| 11 | Creative Christian Solutions | 103 Boredum Place, Cary, NC 27518 | NC | 2003-12 | $1 |
| 12 | Association For Church Renewal | PO BOX 2210, Lenoir, NC 28645-2210 | NC | 2013-03 | $0 |
| 13 | Bishop Leroy And Mary Mckenzie Ministries International | 10303 Stallion Way, Bahama, NC 27503 | NC | 2007-08 | $0 |
| 14 | Christian Family Online In America Inc | 520 Lindley Road, Greensboro, NC 27410 | NC | 2000-08 | $0 |
| 15 | Circuit-Rider Cds & Dvds Ministry | 182 Watson St, Boone, NC 28607 | NC | 2011-03 | $0 |
| 16 | Deborah Ross Ministries | Po Box 2186, Indian Trail, NC 28079 | NC | 2010-08 | $0 |
| 17 | Dial-4-Prayer Inc | 5212 Sky Lane Dr, Durham, NC 27704-3943 | NC | 2015-03 | $0 |
| 18 | Freely Worship Inc | 501 Central Dr Nw, Concord, NC 28027 | NC | 2004-03 | $0 |
| 19 | Gods Love & Forgiveness In Christ Ministries Inc, Glf | 12567 Nc 43, Nashville, NC 27856 | NC | 2009-01 | $0 |
| 20 | Hagerty Ministries Inc | 2125 Kello Dr, Greensboro, NC 27455 | NC | 2011-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,222 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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