HOPE NETWORK MINISTRIES INC

EIN: 874099404 501(c)(3) Religion

Dumfries, VA

Total Revenue
$179,550
Total Expenses
$181,665
Total Assets
$513
Net Assets
$513
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MO
Principal Officer
JOSHUA R TODD
Phone
3028245270
Tax Period
2022-01-01 to 2022-12-31

HOPE NETWORK MINISTRIES INC, founded in 2021, is a small nonprofit in the Religion sector that reported $180K in total revenue in fiscal year 2022.

Mission

TO SUPPORT CHRISTIAN CHURCHES MINISTRIES AND MINISTERS

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $179,550
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $179,550

Expense Breakdown

Grants Paid $18,000
Salaries & Benefits $35,546
Fundraising Expenses $0
Program Expenses $134,803
Other Expenses $128,119
TOTAL EXPENSES $181,665

Year-over-Year Comparison

2022 2021 Change
Revenue $179,550 N/A N/A
Expenses $181,665 N/A N/A
Net Income $-2,115 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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Financial Health Indicators

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Governance

Voting Members
1
Independent Members
1
Employees
1
Volunteers
5

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
1
$14,131
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSHUA R TODD PRESIDENT 40.00
Officer
$14,131 $0 $14,131
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
2022 $179,550 $181,665 $513 $-2,115
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