Mission Of Hope in Hardy, Arkansas (AR)

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Mission Of Hope
Employer Identification Number (EIN)161650924
Name of OrganizationMission Of Hope
In Care of NameRobert W Hulen
Address3968 Highway 62 412, Hardy, AR 72542-9007
SubsectionReligious Organization
Ruling Date06/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$52,621
Amount of Income$98,915
Form 990 Revenue Amount$78,045
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Christian

Submitted by:Julia Baldridge, Administrator
In care of Name: Julia Baldridge, We have a Board of Director's which
oversee operations. Thank you for maning this change.

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Amount of income in 2014: $98,915 (it was $88,801 in 2013)
This organization: 

Other organizations performing similar types of work: 


Assets in 2014: $52,621 (it was $57,204 in 2013)
Mission Of Hope: 

Other organizations performing similar types of work: 


Expenses in 2013: $87,532
Mission Of Hope: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 1.1
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 29.4%
Mission Of Hope: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$95,599$86,721$88,801
Contributions, gifts, grants, and similar amounts received$47,396$24,713$26,088
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$48,203$62,008$62,713
Gross sales of inventory, less returns and allowances$72,594$86,391$76,997
Less: cost of goods sold$24,396$24,383$14,284
Other revenue$0$0$0
Total expenses$88,256$84,708$87,532
Total net assets$52,699$54,712$55,981
Excess/Deficit for the year$7,343$2,013$1,269
Net assets or fund balances at beginning of year$45,356$52,699$54,712
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$54,712$55,981
Balance Sheets
Total assets$52,653$54,687$57,204
Total liabilities$46$-25$1,223
Net assets or fund balances$52,699$54,712$55,981
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$555,438
Gifts, grants, contributions, and membership fees received$193,197
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$362,241
Gross receipts from activities that are not an unrelated trade or business under section 513$0
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
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$555,438
Public support$555,438
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
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Number of organizations performing similar types of work
District of Columbia159
North Carolina2,056
North Dakota46
New Hampshire96
New Jersey1,207
New Mexico278
New York2,346
Rhode Island78
South Carolina902
South Dakota96
West Virginia178

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