Sharing Hope Ministry Inc in Amarillo, Texas (TX)

Organization representatives - add corrected or new information about Sharing Hope Ministry Inc »

Non-representatives - add comments about Sharing Hope Ministry Inc»

Sharing Hope Ministry Inc
Employer Identification Number (EIN)912157950
Name of OrganizationSharing Hope Ministry Inc
In Care of NameApril Riggs
AddressPO BOX 7160, Amarillo, TX 79114-7160
SubsectionCharitable Organization
Ruling Date03/2002
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,171,368
Amount of Income$674,378
Form 990 Revenue Amount$627,344
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Professional Societies, Associations


Non-representatives - add comments:


CAPTCHA

Your IP address 44.192.65.228 will be logged.

Amount of income in 2013: $674,378 (it was $493,523 in 2012)
Sharing Hope Ministry Inc: 

 $674,378
Other organizations performing similar types of work: 

 $63,829

Assets in 2013: $1,171,368 (it was $1,003,203 in 2012)
Sharing Hope Ministry Inc: 

 $1,171,368
Other organizations performing similar types of work: 

 $24,379

Expenses in 2013: $500,965
Sharing Hope Ministry Inc: 

 $500,965
Other organizations performing similar types of work: 

 $65,986

Income to expenses ratio in 2013: 1.3
Sharing Hope Ministry Inc: 

 1.3
Other organizations performing similar types of work: 

 1.0

Number of employees in 2013: 15
Sharing Hope Ministry Inc: 

 15
Other organizations performing similar types of work: 

 2

Grants share in income in 2013: 67.7%
Sharing Hope Ministry Inc: 

 67.7%
Other organizations performing similar types of work: 

 99.8%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?YesNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 109624
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return1115
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?YesYes
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?YesYes
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYes
Did the organization notify the donor of the value of the goods or services provided?YesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoYes
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0$0
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$535,219$445,871$627,344
Contributions, Gifts, Grants and Other Similar Amounts$482,831$282,241$424,482
Program Service Revenue$0$4,142$5,040
0$4,142$5,040
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$246$182$90
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$4,859$10,643$8,487
Gross rents (Real / Personal)$25,116 / $0$25,116 / $0$25,116 / $0
Less: rental expenses (Real / Personal)$20,257 / $0$14,473 / $0$16,629 / $0
Rental income or (loss) (Real / Personal)$4,859 / $0$10,643 / $0$8,487 / $0
Net gain/loss from sales of assets other than inventory$0$0$0
Net income/loss from fundraising events$39,584$147,861$183,671
Gross income from fundraising events$39,584$181,040$214,076
Less: direct expenses$0$33,179$30,405
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$1,363$802$1,574
Gross sales of inventory, less returns and allowances$1,363$802$1,574
Less: cost of goods sold$0$0$0
Miscellaneous Revenue$6,336$0$4,000
0$0$4,000
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$429,674$460,149$500,965
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$55,055$52,666$56,254
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$104,303$127,070$132,435
Pension plan accruals and contributions$0$0
Other employee benefits$0$0
Payroll taxes$13,920$15,500$14,919
Fees for services (non-employees)
Management$0$0
Legal$0$0
Accounting$7,300$7,900
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$66$93
Other$0$2,500
Advertising and promotion$24,879$27,709
Office expenses$66,037$73,017
Information technology$0$0
Royalties$0$0
Occupancy$18,540$19,041
Travel$3,005$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$682
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$31,868$32,972
Insurance$14,464$19,320
Other expenses$79,438$90,746
Other expenses$5,406$10,195
Other expenses$5,272$4,315
Other expenses$4,343$3,268
Other expenses$4,295$5,599
Balance Sheet
201120122013
Total assets$1,026,681$1,003,203$1,171,368
Cash - non-interest-bearing$43,766$0
Savings and temporary cash investments$128,143$346,592
Pledges and grants receivable, net$4,853$19,585
Accounts receivable, net$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$3,842$13,899
Prepaid expenses and deferred charges$4,128$4,801
Land, buildings, and equipment: cost or other basis$818,252$782,401
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$219$4,090
Total liabilities$20,799$11,599$53,385
Accounts payable and accrued expenses$3,395$6,908
Grants payable$0$0
Deferred revenue$0$40,780
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$8,204$5,697
Total net assets or fund balances$1,005,882$991,604$1,117,983
Unrestricted net assets$980,689$962,983
Temporarily restricted net assets$10,915$155,000
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
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 supported0
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$2,335,384
Subtotal Support$2,335,384
Gifts, grants, contributions, and membership fees received$2,335,384
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$2,966,052
Public Support$2,335,384
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$78,549
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$552,119
Gross receipts from related activities, etc.$5,040
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Sharing Hope Ministry Inc to others? (optional)
  
Add photo of Sharing Hope Ministry Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1A Partners, Antioch Partners11612 Memorial Dr, Houston, TX 77024-7207TX2009-04$1,887,011
2Sharing Hope Ministry IncPO BOX 7160, Amarillo, TX 79114-7160TX2002-03$674,378
3Teen FlowPO BOX 733, Midland, TX 79702-0733TX2002-06$360,126
4World Apostolic Missions Inc2261 Brookhollow Plaza Dr Ste 210, Arlington, TX 76006-7430TX2002-03$253,368
5Vickery Meadow MinistryPO BOX 671127, Dallas, TX 75367-1127TX2004-11$146,373
6Goodsports International Inc9605 Ravenswood Rd, Granbury, TX 76049TX2003-10$112,163
7The Aquifer801 Rolling Oaks Dr, Driftwood, TX 78619-5745TX2005-09$26,073
8Apostolic Pentecostal Fellowship Churches1608 Broadmoor St, Amarillo, TX 79106-5801TX2002-09$0
9Association For Women In Ministry Professional980 Fall Creek Dr, Grapevine, TX 76051TX2010-11$0
10Balclay Corporation4107 Spicewood Springs Road Suite 202, Austin, TX 78759TX2007-11$0
11Cross International Ministries Inc13913 Gallant Fox Court, Roanoke, TX 76262TX2002-11$0
12D Allen Ministries Inc5303 Dunleith Ln, Spring, TX 77379TX2001-09$0
13Danny Hill Ministries Inc2312 72nd St, Galveston, TX 77551-1248TX2001-07$0
14Daughters Of Light Society8002 Triola Lane, Houston, TX 77036TX2005-11$0
15Egba Progressive Association Inc13319 Gaby Virbo Dr, Houston, TX 77083-4819TX2014-11$0
16Family Area Ministry And Education9450 Highway 79 North, De Berry, TX 75639TX2002-01$0
17First Christian Church205 W 6th St, Weslaco, TX 78596-6035TX2001-11$0
18Gods Fresh Manna Ministries215 N Masters Dr, Dallas, TX 75217-7617TX2002-09$0
19Great Commandment Network Inc11615 Angus Rd Ste 203, Austin, TX 78759-4066TX2002-10$0
20His Abounding Grace Ministries Inc3101 Woodson, Mckinney, TX 75070TX2010-05$0
Number of organizations performing similar types of work
Alaska1
Alabama12
Arkansas3
Arizona8
California59
Colorado9
Connecticut4
District of Columbia3
Delaware1
Florida34
Georgia21
Hawaii1
Iowa4
Idaho2
Illinois17
Indiana11
Kansas4
Kentucky4
Louisiana9
Massachusetts3
Maryland10
Maine2
Michigan7
Minnesota10
Missouri12
Mississippi6
Montana3
North Carolina20
North Dakota1
Nebraska3
New Hampshire2
New Jersey7
New Mexico3
Nevada3
New York31
Ohio13
Oklahoma2
Oregon7
Pennsylvania15
South Carolina9
Tennessee12
Texas56
Utah1
Virginia21
Vermont2
Washington6
Wisconsin5
West Virginia1
Wyoming3
International1
Total484

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Sharing Hope Ministry Inc and has no official or unofficial affiliation with Sharing Hope Ministry Inc