Magdalene Hope Inc

EIN: 270867004 501(c)(3) Religion

Bakersfield, CA

Total Revenue
$247,393
Total Expenses
$254,799
Total Assets
$37,587
Net Assets
$37,587
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
DOUG BENNETT
Phone
6618084673
Tax Period
2018-01-01 to 2018-12-31

Magdalene Hope Inc, founded in 2009, is a small nonprofit in the Religion sector that reported $247K in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year.

Mission

RELIGIOUS OUTREACH

Program Service Accomplishments

Program 1
Expenses: $73,333 Revenue: $137,908

In January 2018, we premiered a documentary, titled The Abolitionists, at the Majestic Fox Theatre. Two days later, a team of 12 boarded a plane for Minnesota to reach women who were brought in from...

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In January 2018, we premiered a documentary, titled The Abolitionists, at the Majestic Fox Theatre. Two days later, a team of 12 boarded a plane for Minnesota to reach women who were brought in from all over the country to be sold in the Minneapolis/St. Paul area during the week leading up to the Super Bowl. We reached more than 100 women who were for sale online, offering them hope and a way out of the life. In the Summer and Fall, we hosted over 1,000 women between our two FreedomWomens Conferences, one which was held here in Bakersfield and the other in Tijuana, Mexico. We heard incredible stories about empowered women from our speakers at the conferences, which in turn empowered those listening. These women were able to break through and achieve freedom in many areas.In November and December, we placed our Blue Bucket Donation Bins throughout the community for both the Toys for Tijuana and Christmas on Union toy drives. Through the generosity of local businesses and citizens in our community, we were able to collect and handout over 3,500 toys to underprivileged children. We cannot wait to bless them again this coming holiday season! In September 2018, it was with great joy and thankfulness, we announced that we had been blessed with a 6-bedroom, 3-1/2 bath home in the greater Bakersfield area which will serve as the new location for Restoration Ranch Womens Shelter. As we look to continue to empower, strengthen, and equip women to be all they can be, we thank you for your support, which allows us to provide the resources for our conferences, street-reaches, shelter, provisions, transports, coffee truck, toy drives, and much more. As we thank Jesus Christ for the blessings of 2018, we wait with anticipation for whatGod has planned for Magdalene Hope in 2019. In our mission, we believe in the four Rs: Reach, Rescue, Restore, and Reintegrate the women that God has called us to serve. In the fight against human trafficking, we will continue to practice the four Ps: Partnership, Prevention, Prosecution, and Public Awareness of this crucial human rights abuse. We feel these eight areas are instrumental to seeing human trafficking end in our lifetime and will do the most damage to darkness.

Program 2
Expenses: $52,480 Revenue: $98,692

We focus on street ministry to share the christian world view with prostitutes and the homelesss.

Program 3
Expenses: $35,819 Revenue: $24,090

In 2017, we started and operated Rescue Grounds Coffee Company in Bakersfield, California. We employed women that we rescued out of sex trafficking. At the end of 2018, the coffee shop is effectively...

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In 2017, we started and operated Rescue Grounds Coffee Company in Bakersfield, California. We employed women that we rescued out of sex trafficking. At the end of 2018, the coffee shop is effectively closed.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $236,600
Program Service Revenue $0
Investment Income $5,766
Other Revenue $5,027
TOTAL REVENUE $247,393

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,319
Fundraising Expenses $50,479
Program Expenses $161,632
Other Expenses $216,480
TOTAL EXPENSES $254,799

Year-over-Year Comparison

2018 2017 Change
Revenue $247,393 $268,880 -0.1%
Expenses $254,799 $251,906 +0.0%
Net Income $-7,406 $16,974 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
N/A
Employees
11
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$20,400
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG BENNETT President 20.00
Officer
$20,400 $0 $20,400
Christopher Niko Morrow Vice President 30.00
Officer
$0 $0 $0
Amanda Muneton Anaya Secretary 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $247,393 $254,799 $37,587 $-7,406
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