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Hope Network Ministries Inc

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

EIN: 752684368 ✦ Keller, TX ✦ Designated as a 501(c)(3)

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Overview

What is Hope Network Ministries Inc?

Hope Network Ministries Inc, located in Keller, Texas, serves as a nonprofit organization dedicated to the advancement of the Christian faith. Their primary mission is to spread the gospel of Jesus Christ through coaching, mentoring, and equipping visionary Christian leaders. This is achieved through the sale of books, training packages, and conducting meetings, training sessions, and interim preaching. Their impact extends to approximately 20,500 individuals, fostering personal and spiritual growth.


Official website here: www.hopenetworkministries.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Hope Network Ministries Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization's score is derived entirely from its performance in financial management, achieving a perfect score across various metrics, including an 80% independent board and responsible asset management.

The nonprofit demonstrates robust governance practices, evidenced by its comprehensive conflict of interest and whistleblower policies, alongside well-maintained documentation of board meeting minutes. With a program expense ratio of 76.72%, the organization allocates a significant portion of its resources directly to its mission, showcasing a focus on effective program delivery.

While the organization excels in its operational transparency and financial integrity, the available data does not indicate any noted weaknesses or areas for improvement. Overall, Hope Network Ministries Inc stands out as a reliable and well-managed nonprofit, worthy of public support.


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

Is Hope Network Ministries Inc legitimate?

Hope Network Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Network 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $471,874

For more financial information, click here


Official website here: www.hopenetworkministries.org

What is the mission statement of Hope Network Ministries Inc?

Hope Network Ministries Inc's mission is centered around propagating the Gospel of Jesus Christ. They achieve this by providing coaching, mentoring, and equipping visionary Christian leaders. This is done through the sale of books and training packages, as well as organizing meetings, training sessions, and offering interim preaching services. The organization aims to positively impact approximately 20,500 individuals.


Official website here: www.hopenetworkministries.org

Who is the CEO of Hope Network Ministries Inc?

Grady King is the President of Hope Network Ministries Inc.


Official website here: www.hopenetworkministries.org

What is the revenue of Hope Network Ministries Inc?

Hope Network Ministries Inc's revenue in 2022 was $586,843.


Official website here: www.hopenetworkministries.org

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


Here are 12 key members and their salaries:


Mary Boggus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roddy Boggus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger Stark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manda Rosser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aubrey Rosser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Vannoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Mullican (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Vannoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Mullican (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grady King (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Stark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopenetworkministries.org

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

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


Official website here: www.hopenetworkministries.org

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

Mission Statement of Hope Network Ministries Inc

Hope Network Ministries Inc is committed to spreading the message of Jesus Christ. They achieve this mission by offering coaching, mentoring, and equipping visionary Christian leaders. This is done through the sale of books and training packages, as well as through meetings, training sessions, and interim preaching. The organization's efforts have impacted approximately 20,500 individuals. By providing these resources and opportunities, Hope Network Ministries Inc seeks to empower and support Christian leaders, enabling them to effectively share the gospel and make a difference in their communities.

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Impact




July, 2024

Hope Network Ministries Inc's impact can be seen in the lives of approximately 20,500 individuals who have been affected by their efforts to further the gospel of Jesus Christ. Through coaching, mentoring, equipping visionary Christian leaders, and selling books and training packages, this organization has made a significant impact in spreading the message of faith. Their meetings, training sessions, and interim preaching have reached a wide audience, making a difference in the community of Keller, TX.




This information is meant to be a general summary of Hope Network 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
$586,843 (2022)
Expenses
$558,388 (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: $463,763
  • Gross Receipts: $586,843

Assets and Liabilities:

  • Total Assets: $150,266
  • Total Liabilities: $900
  • Net Assets: $149,366

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Programs

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

BOOKTAPE SALES

Revenue

$606

TRAININGEVENTS

Revenue

$345,221

MENTORING

Revenue

$53,144

MISC

Revenue

$64,792

Organization Details

Founding Year

1996

Principal Officer

Grady King

Main Address

PO BOX 274, KELLER, TX, 76244

NTEE Category

Code: X20Z - Religion related

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