Overview

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Est.

2022

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

HOPE INITIATIVE INC is a human rights and human services nonprofit focused on providing disaster relief and other support services to residents of Graves County while spreading the Gospel of Jesus Christ. In filing year 2024, it reported an operating budget of $5.5M and total revenue of $6.1M, with major support from Honorable Order of Kentucky Colonels Inc, KENTUCKY BANKERS RELIEF FUND COMPANY, and Kentucky Christian Foundation Inc National Christian Foundation Kentucky.

Mission Statement

TO PROVIDE DISASTER RELIEF AND OTHER SUPPORT SERVICES TO RESIDENTS OF GRAVES COUNTY WHILE SPREADING THE GOSPEL OF JESUS CHRIST.
Revenues
$6.1M
Expenses
$5.5M
Net Income:
+$633.1K
Assets
$8.1M
Liabilities
$96.4K
Net Assets:
+$8M
Operating Budget
$5.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$212.5K
Largest grant received
$500K
C
Catherine Price
Board Member
G
Greg Hussey
Board Member
S
Stephen Boyken
Board Member
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  • 5 funders
  • 7 board & team members
  • 3 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is HOPE INITIATIVE INC’s budget?
In 2024, HOPE INITIATIVE INC reported an annual operating budget of around $5.5 million. More detailed financial information is available to registered users.
What causes does HOPE INITIATIVE INC support?
HOPE INITIATIVE INC supports work in Human rights and Human services.
Where does HOPE INITIATIVE INC operate?
HOPE INITIATIVE INC is headquartered in Mayfield, KY.
Who funded HOPE INITIATIVE INC recently?
In 2024, HOPE INITIATIVE INC received grants from Honorable Order of Kentucky Colonels Inc, KENTUCKY BANKERS RELIEF FUND COMPANY, and Honorable Order of Kentucky Colonels Inc. More information on this organization’s funders is available to registered users.
What is the largest grant HOPE INITIATIVE INC received in 2024?
The largest grant to HOPE INITIATIVE INC in 2024 exceeds $500 thousand.
What is HOPE INITIATIVE INC’s reliance on government grants?
HOPE INITIATIVE INC relied on government grants for more than 30% of their total revenue in 2024.