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Place Of Hope Ministries Inc

Place Of Hope

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582656313 ✦ Morrow, GA ✦ Designated as a 501(c)(3)

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Overview

What is Place Of Hope Ministries Inc?

Place of Hope Ministries Inc, with its headquarters at 5400 Jonesboro Road, Morrow, Georgia, is a compassionate nonprofit organization. Their primary mission is to cater to the health needs of the uninsured and underinsured community by offering free medical clinic services throughout the year. Additionally, they operate a food bank to combat hunger in their communities. The organization's activities are geared towards providing essential services and promoting overall well-being.


Official website here: www.placeofhopega.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Place Of Hope Ministries Inc has achieved an overall score of 84%, indicating a solid performance in the realm of accountability and finance. The rating reflects the organization's commitment to transparency, as evidenced by its independent board makeup, with all members being independent, and a strong financial stewardship evidenced by no material diversion of assets.

The organization scores well in several key areas, including financial statements, which have been appropriately reviewed or compiled, and a commendable liabilities to assets ratio of 0.00%. However, it does have a minor limitation in the absence of a whistleblower policy, which could enhance its governance framework. Additionally, while its program expense ratio stands at 63.96%, it suggests there may be room for improvement in how funds are allocated towards direct program services.


This AI summary has been generated from information found on Charity Navigator.

Is Place Of Hope Ministries Inc legitimate?

Place Of Hope Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Place Of Hope Ministries Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $11,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $479,760

For more financial information, click here


Official website here: www.placeofhopega.org

What is the mission statement of Place Of Hope Ministries Inc?

Place of Hope Ministries Inc is committed to serving the community by providing essential services. Their mission involves operating a free clinic for individuals who are uninsured or underinsured, aiming to improve their health. Additionally, the organization runs a food bank to help alleviate hunger in the community. By offering these services, Place of Hope Ministries Inc strives to contribute positively to the well-being of those in need. Throughout the year, they organize health fairs and provide free medical clinic services.


Official website here: www.placeofhopega.org

Who is the CEO of Place Of Hope Ministries Inc?

Christiana Odugunwa is the President of Place Of Hope Ministries Inc.


Official website here: www.placeofhopega.org

What is the revenue of Place Of Hope Ministries Inc?

Place Of Hope Ministries Inc's revenue in 2022 was $777,798.


Official website here: www.placeofhopega.org

Who are the executives of Place Of Hope Ministries Inc and what are their salaries?


Here are 3 key members and their salaries:


Christiana Odugunwa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bunmi Folarinde (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Aiyeyomi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.placeofhopega.org

Where can I find the form 990 for Place Of Hope Ministries Inc?

Place Of Hope Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.placeofhopega.org

Learn more at the official website: www.placeofhopega.org

Mission Statement of Place Of Hope Ministries Inc

Place of Hope Ministries Inc is dedicated to serving its community by providing essential services. Its primary mission is twofold: firstly, it operates a free medical clinic to cater to the uninsured and underinsured individuals in the area. Secondly, the organization focuses on alleviating hunger within the community. By offering these services, Place of Hope Ministries Inc strives to contribute positively to the overall well-being of its community members. The organization's activities are centered around delivering free medical clinic services throughout the year, hosting health fairs, and operating a food bank. This three-pronged approach allows Place of Hope Ministries Inc to provide comprehensive support to those in need, thereby working towards reducing or eliminating hunger and improving access to healthcare within its community.

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Impact




July, 2024

Place Of Hope Ministries Inc has a significant impact in Morrow, GA by providing free clinic services to the uninsured and underinsured, as well as working to reduce or eliminate hunger in the community. Their efforts include operating a food bank and organizing health fairs to improve access to healthcare for those in need. Through these initiatives, Place Of Hope Ministries Inc positively contributes to the well-being of individuals and families who may otherwise struggle to afford essential medical care and food.




This information is meant to be a general summary of Place Of Hope Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$777,798 (2022)
Expenses
$764,072 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $659,742
  • Gross Receipts: $789,641

Assets and Liabilities:

  • Total Assets: $106,106
  • Total Liabilities: $0
  • Net Assets: $106,106

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Medication

Revenue

$217,392

Medical and Admin volunteers

Revenue

$442,350

Organization Details

Founding Year

2001

Principal Officer

Christiana Odugunwa

Main Address

5405 JONESBORO ROAD, Morrow, GA, 30260

NTEE Category

Code: K30 - Food

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