Hope Ministries Inc in Lexington, Tennessee (TN)
Table of contents:
| Hope Ministries Inc | |
| Employer Identification Number (EIN) | 621626556 |
| Name of Organization | Hope Ministries Inc |
| In Care of Name | Stephanie W Page |
| Address | PO BOX 1098, Lexington, TN 38351-1098 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Supplying money, goods or services to the poor, Thrift ship, retail outlet, etc. |
| Subsection | Charitable Organization |
| Ruling Date | 03/1996 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $144,462 |
| Amount of Income | $126,299 |
| Form 990 Revenue Amount | $126,299 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Emergency Assistance (Food, Clothing, Cash) |
Non-representatives - add comments:
Amount of income in 2014: $126,299 (it was $72,164 in 2013)
| Hope Ministries Inc: | $126,299 |
| Other organizations performing similar types of work: | $124,763 |
Assets in 2014: $144,462 (it was $148,800 in 2013)
| This organization: | $144,462 |
| Other organizations performing similar types of work: | $144,462 |
Expenses in 2013: $96,228
| Hope Ministries Inc: | $96,228 |
| Other organizations performing similar types of work: | $112,760 |
Income to expenses ratio in 2013: 1.3
| Hope Ministries Inc: | 1.3 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2013: 84.1%
| This organization: | 84.1% |
| Other organizations performing similar types of work: | 99.0% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $187,177 | $163,437 | $72,164 |
| Contributions, gifts, grants, and similar amounts received | $176,363 | $152,085 | $60,675 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $332 | $292 | $220 |
| 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 | $10,482 | $11,060 | $11,144 |
| Gross sales of inventory, less returns and allowances | $10,482 | $11,060 | $11,144 |
| Less: cost of goods sold | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $125 |
| Total expenses | $199,830 | $176,994 | $96,228 |
| Total net assets | $184,543 | $170,986 | $146,922 |
| Excess/Deficit for the year | $-12,653 | $-13,557 | $-24,064 |
| Net assets or fund balances at beginning of year | $197,196 | $184,543 | $170,986 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $146,922 | ||
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $184,656 | $171,090 | $148,800 |
| Total liabilities | $113 | $104 | $1,878 |
| Net assets or fund balances | $184,543 | $170,986 | $146,922 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | ||
| Were any significant changes made to the organizing or governing documents? | 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 | ||
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | ||
| Amount of political expenditures, direct or indirect | $0 | ||
| Did the organization file Form 1120-POL for this year? | 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 | ||
| Total amount involved | $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 | ||
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | ||
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $663,610 |
| Subtotal Support | $663,610 |
| Gifts, grants, contributions, and membership fees received | $663,610 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $666,588 |
| Public Support | $663,610 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,233 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $1,745 |
| Gross receipts from related activities, etc. | $11,269 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | United Services Community Action Agency | 6323 Manchester Ave, Kansas City, MO 64133-4717 | MO | 1980-11 | $5,577,187 |
| 2 | Together Inc Of Metropolitian Omaha | 812 S 24th St, Omaha, NE 68108-3020 | NE | 1978-03 | $3,583,114 |
| 3 | The Center For Family Resources Inc | 995 Roswell St Ne Ste 100, Marietta, GA 30060-2186 | GA | 1961-03 | $3,040,799 |
| 4 | United Food Bank And Services Of Plant City Inc | 702 E Alsobrook St Ste H, Plant City, FL 33563-6613 | FL | 1992-09 | $1,419,094 |
| 5 | South Bay Police & Fire Memorial Foundation | PO BOX 1490, Hermosa Beach, CA 90254-1490 | CA | 1995-06 | $934,949 |
| 6 | Greater Greenwood United Ministry Inc | 1404 Edgefield St, Greenwood, SC 29646-4014 | SC | 1995-04 | $846,762 |
| 7 | Southwest Minority Economic Development Association | 1601 W 2nd St, Santa Ana, CA 92703-3618 | CA | 1996-05 | $838,333 |
| 8 | Matthew 25 40 | 432 W Court St, Dyersburg, TN 38024-4617 | TN | 1992-05 | $663,733 |
| 9 | Fayette Cares Inc | PO BOX 326, Somerville, TN 38068-0326 | TN | 1987-03 | $637,802 |
| 10 | Sweet Relief Musicians Fund | 4952 Warner Ave Ste 235, Huntingtn Bch, CA 92649-5520 | CA | 1994-02 | $630,981 |
| 11 | Samaritan House | 62324 Van Dyke Rd, Washingtn Twp, MI 48094-1621 | MI | 1996-02 | $584,833 |
| 12 | Samaritan Center | 1317 S 2nd St, Clinton, MO 64735-2829 | MO | 1988-05 | $582,897 |
| 13 | Women Service Network Inc | 25 W 23rd St, Riviera Beach, FL 33404-5519 | FL | 1990-10 | $528,096 |
| 14 | Yokefellow Service Center | PO BOX 351, Spindale, NC 28160-0351 | NC | 1975-11 | $513,007 |
| 15 | Hope Ministries Inc | PO BOX 1098, Lexington, TN 38351-1098 | TN | 1996-03 | $126,299 |
| 16 | United Ministries Food Bank Of Robertson County Inc | PO BOX 1094, Springfield, TN 37172-1094 | TN | 1995-02 | $55,625 |
| 17 | Community Help Center Inc Of Trousdale County | Po Box 193, Hartsville, TN 37074 | TN | 1996-01 | $0 |
| 18 | Extra Mile Of Monroe County | 4263 Hwy 411, Madisonville, TN 37354-1500 | TN | 1997-09 | $0 |
| 19 | Helping Hands Fund Zone D | 515 Jack Tollett Rd, Crossville, TN 38572-3182 | TN | 1995-08 | $0 |
| 20 | Lend A Hand Inc, Tennessee Newspapers In Education | 1100 Broadway, Nashville, TN 37203-3116 | TN | 1979-10 | $0 |
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