Overview
What is Promise Of Hope Ministries?
Promise of Hope Ministries, also known as Homeplace Ministries, is a compassionate nonprofit organization situated in Hilliard, Ohio. Their primary mission is to promote evangelism and missions under the leadership of Jesus Christ, while fostering Christian fellowship and brotherly love through the teaching, preaching, and testimony of the Word of God. They achieve this objective by organizing various activities, such as support groups, Bible studies, cookouts, children's events, fishing trips, target shooting, and campfires. Their initiatives have a profound impact on the lives of many individuals, helping them find hope in Jesus. In the past year, they grew a large garden and distributed produce to a local housing project. Additionally, they launched a Bible study in the project, held a children's day, and ensured each resident was adopted by a volunteer for Christmas. As a result, 125 people surrendered their lives to Jesus, averaging nearly three conversions a week. Beyond religious activities, Promise of Hope Ministries extends their reach through community outreach, such as providing necessities and support to individuals and families in need. The organization is small in scale, with only two employees dedicated to their noble cause.
Official website here: www.promiseofhope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Promise Of Hope Ministries has achieved an impressive 90% rating from Charity Navigator, reflecting strong performance in accountability and finance. This high rating is primarily driven by the organization's commitment to transparency and ethical governance, as evidenced by its high scores across various accountability metrics.
The nonprofit boasts a fully independent board, with 71% of its members meeting this criteria, and a solid structure that has no material diversion of assets. The organization has also effectively implemented conflict of interest and document retention policies, which contribute to its robust governance model. Additionally, a significant portion of its expenses, over 94%, goes directly towards programs, illustrating a strong focus on fulfilling its mission.
However, a notable limitation is the absence of a whistleblower policy, which could enhance the organization's commitment to ethical practices and protect its stakeholders. Overall, Promise Of Hope Ministries demonstrates a strong financial health and accountability, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Promise Of Hope Ministries legitimate?
Promise Of Hope Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Of Hope Ministries 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: $32,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.promiseofhope.org
What is the mission statement of Promise Of Hope Ministries?
Promise of Hope Ministries, also known as Homeplace Ministries, is dedicated to promoting evangelism and missions under the lordship of Jesus Christ. They achieve this by fostering Christian fellowship and brotherly love through the teaching, preaching, and testimony of the Word of God. The organization provides a platform for impacting lives through various activities such as support groups, Bible studies, cookouts, children's events, fishing, target shooting, and campfires. Last year, they grew a large garden and donated the produce to a local housing project. They also launched a Bible study in the project, held a children's day, and ensured each resident was adopted by a volunteer for Christmas. As a result, 125 people surrendered their lives to Jesus, averaging nearly three conversions a week.
Official website here: www.promiseofhope.org
What is the revenue of Promise Of Hope Ministries?
Promise Of Hope Ministries's revenue in 2023 was $157,500.
Official website here: www.promiseofhope.org
Who are the executives of Promise Of Hope Ministries and what are their salaries?
The average compensation at Promise Of Hope Ministries during 2023 was $32,175. There is 1 employee at Promise Of Hope Ministries.
Here are 7 key members and their salaries:
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- Compensation: $32,175
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Official website here: www.promiseofhope.org
Where can I find the form 990 for Promise Of Hope Ministries?
Promise Of Hope Ministries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.promiseofhope.org
Learn more at the official website: www.promiseofhope.org
Mission Statement of Promise Of Hope Ministries
Promise of Hope Ministries, also known as Homeplace Ministries, is dedicated to promoting evangelism and missions under the leadership of Jesus Christ. Their mission is to foster Christian fellowship and brotherly love among its community members. They achieve this goal through various activities, such as support groups, Bible studies, cookouts, children's events, fishing, target shooting, and campfires. The organization's approach is multifaceted, aiming to impact the lives of many individuals.
In addition to these activities, Promise of Hope Ministries has a strong focus on outreach. They have launched Bible studies and organized children's events within local housing projects, adopting each resident for Christmas. Their initiatives have been successful in reaching out to the community, with an average of nearly three individuals surrendering their lives to Jesus each week. Furthermore, they have also tended to a large garden and shared its produce with a local housing project, demonstrating their commitment to helping those in need.
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Impact
October, 2024
Promise Of Hope Ministries has made a significant impact by fostering a sense of community and spiritual growth through various activities designed to share the message of hope. By offering support groups, Bible studies, and engaging events like cookouts, fishing trips, target shooting, and campfires, the ministry has created an environment where individuals can connect with each other and with God.
Last year, their efforts led to remarkable outcomes, including the cultivation of a large garden that provided fresh produce to a local housing project. This initiative not only addressed food needs but also served as a gateway to building relationships and community spirit. The introduction of a Bible study in that housing project, along with a Children's Day event, facilitated deeper engagement with residents. Each individual in the housing project was paired with a volunteer for Christmas, ensuring that each person felt valued and supported during the holiday season.
The ministry's outreach has resulted in 125 people making commitments to follow Jesus, averaging nearly three individuals each week. This demonstrates the powerful impact that Promise Of Hope Ministries has in transforming lives and providing hope through the teachings of Jesus Christ and acts of fellowship and love within the community.
This information is meant to be a general summary of Promise Of Hope Ministries. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $7,489
- Gross Receipts: $157,500
Assets and Liabilities:
- Total Assets: $609,387
- Total Liabilities: $110,553
- Net Assets: $498,834
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Organization Details
Founding Year
2001
Principal Officer
Charles E Mcalister
Website
www.promiseofhope.orgNTEE Category
Code: X82 - Religion related
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