Nonprofit · EIN 35-2182466
MINISTRY OF HOPE INC
Tax-exempt · BLACK MTN, NC 28711
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $563,880 | $516,649 | $47,231 | $166,986 | $1,642 | $165,344 |
| December 31, 2023 | 990 | $464,071 | $499,168 | -$35,097 | $118,112 | $0 | $118,112 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $562,755
- Program service revenue
- $0
- Investment income
- $1,125
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,646
- Program services (functional)
- $483,622
- Management and general (functional)
- $20,546
- Fundraising (functional)
- $12,481
Balance sheet and other
- Total assets, start of year
- $118,112
- Total assets, end of year
- $166,986
- Total liabilities, end of year
- $1,642
- Net assets, end of year
- $165,344
- Net assets without donor restrictions
- $74,131
- Net assets with donor restrictions
- $91,213
- Gross receipts
- $563,880
- Employees
- 0
- Year formed
- 2004
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REX V HOFFMAN | PRESIDENT AND CHAIRMAN Trustee or director, Officer | 0 | $0 |
| JANET S WELLS | VICE CHAIR Trustee or director, Officer | 0 | $0 |
| PATRICIA A JOHNSON | SECRETARY Trustee or director, Officer | 0 | $0 |
| WILLIAM L GRAYSON | TREASURER Trustee or director, Officer | 0 | $0 |
| JAMES M SKIDMORE JR | ASSISTANT TREASURER Trustee or director, Officer | 0 | $0 |
| KAREN BENNETT | DIRECTOR Trustee or director | 0 | $0 |
| CARMEL A COURTRIGHT-PUTNAM | DIRECTOR Trustee or director | 0 | $0 |
| DONNA KAMINSKI DO | DIRECTOR Trustee or director | 0 | $0 |
| VAN KORNEGAY | DIRECTOR Trustee or director | 0 | $0 |
| REV DR MARILYN MANNING | DIRECTOR Trustee or director | 0 | $0 |
| MARY F REAGAN | DIRECTOR Trustee or director | 0 | $0 |
| SCOTT M RODEHAVER | DIRECTOR Trustee or director | 0 | $0 |
| HELEN L ZIMBA | DIRECTOR Trustee or director | 0 | $0 |
| ELIZABETH DALEY | DIRECTOR Trustee or director | 0 | $0 |
| GLENN E TAYLOR | DIRECTOR Trustee or director | 0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID FREY | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REX V HOFFMAN | PRESIDENT AND CHAIRMAN Trustee or director, Officer | – | $0 |
| JANET S WELLS | VICE CHAIR Trustee or director, Officer | – | $0 |
| PATRICIA A JOHNSON | SECRETARY Trustee or director, Officer | – | $0 |
| WILLIAM L GRAYSON | TREASURER Trustee or director, Officer | – | $0 |
| JAMES M SKIDMORE JR | ASSISTANT TREASURER Trustee or director, Officer | – | $0 |
| KAREN BENNETT | DIRECTOR Trustee or director | – | $0 |
| CARMEL A COURTRIGHT-PUTNAM | DIRECTOR Trustee or director | – | $0 |
| DONNA KAMINSKI DO | DIRECTOR Trustee or director | – | $0 |
| VAN KORNEGAY | DIRECTOR Trustee or director | – | $0 |
| REV DR MARILYN MANNING | DIRECTOR Trustee or director | – | $0 |
| MARY F REAGAN | DIRECTOR Trustee or director | – | $0 |
| SCOTT M RODEHAVER | DIRECTOR Trustee or director | – | $0 |
| HELEN L ZIMBA | DIRECTOR Trustee or director | – | $0 |
| ELIZABETH DALEY | DIRECTOR Trustee or director | – | $0 |
| GLENN E TAYLOR | DIRECTOR Trustee or director | – | $0 |
| DAVID FREY | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1462, BLACK MTN, NC 28711-1462
- In care of
- % WILLIAM L GRAYSON
- Principal officer (990 for 2024)
- REX V HOFFMAN, 231 PONDEROSA DR, SWANNANOA, NC 28778
- Signed the 990
- WILLIAM L GRAYSON, TREASURER
- Phone
- (828) 669-6180
- Website
- ministryofhope.org
Mission
To empower communities to provide for orphans and the vulnerable, and to create a promising future through economic development, education and medical care programs.
Program accomplishments
- COMMUNITY BASED CENTERS The centers provide for the basic needs of orphans and widows through feeding programs, but also focus on community development programs with long-term sustainability. Six centers operate in the rural areas outside of Lilongwe, the capital city in central Malawi. Programs are community based, operated by ministry of Hope, Malawi (a Malawi based NGO) in conjunction with village leadership and volunteers. Food is raised at the centers, supplemented with purchased food as needed. Increasing emphasis is on development programs and income generating projects that will allow the community to provide for their members.Expenses $321,219 · revenue $191,405
- EDUCATION SCHOLARSHIP PROGRAM This program supports higher education for high school, college and trade school students, thus allowing children to escape the cycle of poverty, help their families and communities, and strengthen the national economy. Scholarships go to the best and brightest, most hardworking and successful students. This in turn inspires other children to work hard in school.Expenses $98,000 · revenue $113,230
- MOBILE MEDICAL CLINIC PROJECT Since 2008 Ministry of Hope has sponsored a mobile medical clinic in communities that would otherwise have limited access to any form of medical care. The clinic is staffed by a medical director, physician assistants, nurses, volunteers from U.S. churches and service groups. The Mobile Medical Clinic has been registered and approved to operate by the Malawian government. A clinic bus transports staff, testing equipment and a mobile pharmacy on monthly visits to MOH communities. The clinics provide basic services such as physical exams, malaria testing,drugs such as anti-malarials, antibiotics and analgesics, and vitamins.Expenses $26,200 · revenue $25,326
- CRISIS NURSERY - Residential care for orphans and other vulnerable infants and toddlers.Expenses $11,250 · revenue $11,222
- SPIRITUAL DEVELOPMENT - Sharing the Good News of Christ with the childrenExpenses $4,000 · revenue $4,700
- OTHER SHORT TERM MISSION PROJECTSExpenses $22,953 · revenue $26,103
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-2182466
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X99)
- Assets (IRS master file)
- $166,986
- Income (IRS master file)
- $563,880
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $563,880 | $516,649 | $166,986 | IRS |
| 990 | December 2023 | $464,071 | $499,168 | $118,112 | XML |
| 990 | December 2022 | $508,578 | $526,065 | $153,210 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-2182466).
Questions about MINISTRY OF HOPE INC
- What is the EIN of MINISTRY OF HOPE INC?
- The employer identification number (EIN) of MINISTRY OF HOPE INC is 35-2182466.
- Is MINISTRY OF HOPE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to MINISTRY OF HOPE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MINISTRY OF HOPE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MINISTRY OF HOPE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MINISTRY OF HOPE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MINISTRY OF HOPE INC?
- The 990 for the year ended December 31, 2024 names REX V HOFFMAN.
- Who are the officers and directors of MINISTRY OF HOPE INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does MINISTRY OF HOPE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $563,880, expenses of $516,649 and total assets of $166,986 at year end.
Other nonprofits in BLACK MTN
- PRESBYTERIAN & REFORMED RENEWAL MINISTRIES INTERNATIONAL EIN 73-1026057 · last filed 990 for 2025
- CHRISTIAN FRIENDS OF KOREA INC EIN 56-1923972 · last filed 990 for 2025
- WCCM-USA LTD CORPORATION EIN 52-1732510 · last filed 990 for 2024
- BLACK MOUNTAIN SCHOOL OF THEOLOGY & COMMUNITY EIN 84-3922529 · last filed 990 for 2025
- UNITED RESEARCH INC EIN 56-1124741 · last filed 990 for 2026
- MEDICINE WHEEL COLLECTIVE EIN 81-1918401 · last filed 990-N for 2025
- SHINE CAMP AND CONFERENCES INC EIN 93-2661352 · last filed 990-N for 2025
- UPSIDE DOWN LIFE INC EIN 33-1647417 · last filed 990-N for 2024
All nonprofits in BLACK MTN · North Carolina · Religion-related