THE HOPE CHURCH OF DETROIT INC

EIN: 473088141 501(c)(3) Religion

DETROIT, MI

Total Revenue
$356,089
Total Expenses
$179,100
Total Assets
$176,989
Net Assets
$176,989
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MI
Principal Officer
JEREL BLAND
Phone
3137751846
Tax Period
2023-01-01 to 2023-12-31

THE HOPE CHURCH OF DETROIT INC, founded in 2015, is a small nonprofit in the Religion sector that reported $356K in total revenue in fiscal year 2023. The organization ran a surplus of $177K, a strong 50% operating margin.

Mission

THE HOPE DETROIT IS A NONPROFIT ORGANIZATION BASED IN DETROIT, MICHIGAN. OUR ACTIVITIES INCLUDE PROVIDING A SUPPORTIVE COMMUNITY FOR PEOPLE TO SERVE AND SPREAD HOPE TO OUR COMMUNITY. OUR ORGANIZATION HELPS THE COMMUNITY BY PROVIDING FREE MEALS FOR PEOPLE THROUGH PARTNERSHIPS WITH LOCAL BUSINESSES AND ORGANIZATIONS. DURING THESE FEEDINGS, OUR ORGANIZATION SHARES FROM THE BIBLE TO THE PEOPLE IN ATTENDANCE. WE HOST EVENTS FOR EMPOWERING OUR COMMUNITIES THROUGH THE HOPE OF THE GOSPEL. THE ACTIVITIES ARE CONDUCTED BY BOARD MEMBERS AND VOLUNTEERS AND ARE CONDUCTED IN DETROIT, MICHIGAN. 90 PERCENT OF OUR TIME AND EXPENSES ARE ALLOCATED TO OUR ACTIVITIES AND 10 PERCENT OF OUR TIME AND EXPENSES ARE ALLOCATED TO ADMINISTRATIVE DUTIES. THE ACTIVITIES ARE FUNDED BY DONATIONS AND FURTHER OUR EXEMPT PURPOSE BECAUSE WE BELIEVE THE GOSPEL IS THE HOPE OF THE WORLD AND WE TEACH THAT EVERYONE IS CREATED EQUAL AND HAS OPPORTUNITIES AND LIVE WITH HOPE. WE UPLIFT THE COMMUNITY OF DETROIT AND RESOURCES TO TH

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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 (2023)

Revenue Breakdown

Contributions & Grants $81,994
Program Service Revenue $0
Investment Income $274,095
Other Revenue $0
TOTAL REVENUE $356,089

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,472
Fundraising Expenses $0
Program Expenses $56,972
Other Expenses $123,628
TOTAL EXPENSES $179,100

Year-over-Year Comparison

2023 2022 Change
Revenue $356,089 N/A N/A
Expenses $179,100 N/A N/A
Net Income $176,989 N/A N/A
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
1
Employees
N/A
Volunteers
4

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
$55,472
Total Directors
3
$55,472
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEREL BLAND PRESIDENT 40.00
Officer Director
$48,472 $0 $48,472
RUTH BELLINGER SECRETARY 4.00
Officer Director
$0 $0 $0
TYMAN RAY TREASURER 10.00
Officer Director
$7,000 $0 $7,000
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
2023 $356,089 $179,100 $176,989 $176,989
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