DOOR OF HOPE MINISTRY INC

EIN: 611445441 501(c)(3) Religion

LYNN, NC

Total Revenue
$927,333
Total Expenses
$925,774
Total Assets
$1,850,251
Net Assets
$1,128,699
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NC
Principal Officer
JASON NOLT
Phone
8288590126
Tax Period
2024-01-01 to 2024-12-31

DOOR OF HOPE MINISTRY INC, founded in 2003, is a small nonprofit in the Religion sector that reported $927K in total revenue in fiscal year 2024.

Mission

DOOR OF HOPE DISCIPLESHIP MINISTRY IS A BIBLICAL COUNSELING MINISTRY LOCATED IN COLUMBUS, NORTH CAROLINA, OFFERING DISCIPLESHIP BOTH IN GROUP SETTINGS AT VARIOUS CONFERENCES AND TEACHING MINISTRIES AND ON A PERSONAL LEVEL THROUGH ONE-ON-ONE COUNSELING AND THE HANNAH MINISTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $887,079
Program Service Revenue $37,055
Investment Income $3,199
Other Revenue $0
TOTAL REVENUE $927,333

Expense Breakdown

Grants Paid $0
Salaries & Benefits $482,207
Fundraising Expenses $22,568
Program Expenses $784,093
Other Expenses $443,567
TOTAL EXPENSES $925,774

Year-over-Year Comparison

2024 2023 Change
Revenue $927,333 $942,527 0.0%
Expenses $925,774 $910,972 +0.0%
Net Income $1,559 $31,555 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
13
Volunteers
40

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON NOLT CHAIRMAN, NC 4.00
Officer Director
$0 $0 $0
MAHLON STOLTZFUS VICE CHAIRMA 2.00
Officer Director
$0 $0 $0
KEVIN YODER TREASURER, N 4.00
Officer Director
$0 $0 $0
MERLE STOLTZFUS SECRETARY, N 2.00
Officer Director
$0 $0 $0
JOHN YODER BOARD MEMBER 2.00
Director
$0 $0 $0
MARLIN YODER BOARD MEMBER 2.00
Director
$0 $0 $0
NATE STOLTZFUS BOARD MEMBER 2.00
Director
$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
2024 $927,333 $925,774 $1,850,251 $1,559
2023 $942,527 $910,972 $1,857,679 $31,555
2022 $973,843 $816,539 $1,859,704 $157,304
2021 $720,714 $612,499 $947,166 $108,215
2020 $505,778 $458,418 $835,028 $47,360
2019 $561,967 $477,107 $787,861 $84,860
2018 $614,060 $468,783 $704,548 $145,277
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