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Nonprofiteer
← PEOPLE OF HOPE A NEW JERSEY NON PROFIT CORPORATION

Form 990 for tax year 2023

Filed by PEOPLE OF HOPE A NEW JERSEY NON PROFIT CORPORATION.

Totals

Total revenue
$419,766
Total expenses
$437,923
Contributions and grants received
$371,501
Grants paid
$52,178
Program service revenue
$40,131
Investment income
$8,134
Other revenue
$0
Total assets, end of year
$281,192
Total liabilities, end of year
$2,269
Net assets or fund balances, end of year
$278,923
Program services expenses (Part IX)
$351,968
Management and general expenses
$85,955
Fundraising expenses
$0
Program service expenses (Part III)
$351,968

Program services were 80.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $371,501

  • 2a · Program service revenue: PROGRAM SERVICE REVENU

    total $40,131 · related or exempt $40,131

  • 3 · Investment income

    total $8,134 · excluded $8,134

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $52,178 · program services $52,178

  • 5 · Compensation of officers, directors and key employees

    total $218,788 · program services $195,484 · management and general $23,304

  • 7 · Other salaries and wages

    total $55,498 · program services $33,852 · management and general $21,646

  • 9 · Other employee benefits

    total $2,023 · management and general $2,023

  • 10 · Payroll taxes

    total $17,587 · program services $14,597 · management and general $2,990

  • 11b · Fees: legal

    total $1,297 · management and general $1,297

  • 11c · Fees: accounting

    total $8,463 · management and general $8,463

  • 11g · Fees: other

    total $230 · management and general $230

  • 13 · Office expenses

    total $5,154 · management and general $5,154

  • 14 · Information technology

    total $3,564 · management and general $3,564

  • 23 · Insurance

    total $10,310 · management and general $10,310

  • 24a · Other expenses: PROGRAM EVENTS

    total $55,857 · program services $55,857

  • 24b · Other expenses: BANK FEES

    total $5,927 · management and general $5,927

  • 24c · Other expenses: MISCELLANEOUS

    total $1,047 · management and general $1,047

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $54,247 · end of year $19,708

  • 2 · Savings and temporary cash investments

    beginning of year $242,267 · end of year $260,402

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,283 · end of year $1,082

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,717 · end of year $2,269

  • 27 · Net assets without donor restrictions

    beginning of year $297,080 · end of year $278,923

Mission and programs · 2023

Mission

THE MISSION OF THE PEOPLE OF HOPE IS TO ASSIST INDIVIDUALS AND FAMILIES TO DEDICATE THEIR LIVES TO GOD UNDER THE LORDSHIP OF JESUS CHRIST IN THE POWER OF THE HOLY SPIRIT. AS A COMMUNITY OF DISCIPLES ON MISSION, WE SEEK TO USE OUR CHARISMS OF PRAYER, FAMILY LIFE AND EVANGELIZATION TO FOSTER RENEWAL OF THE CATHOLIC CHURCH AND TO ASSIST THE SPREADING OF THE GOSPEL MESSAGE OF JESUS CHRIST LOCALLY AND THROUGHOUT THE WORLD.

Activities or mission (Part I)

A PRIVATE LAY ASSOCIATION OF CATHOLICS, A COMMUNITY OF PRAYER, EVANGELIZATION, AND FAMILY LIFE.

  • PASTORAL CARE-RETREATS, PASTORAL TEACHINGS.

    Expenses $191,135 · Grants $37,178

  • OUTREACH-MISSIONARY ACTIVITIES DIRECTED TOWARD MARRIAGE AND FAMILY LIFE AND TO SUPPORT THE ESTABLISHMENT OF SIMILAR COMMUNITIES.

    Expenses $62,480 · Grants $15,000

  • COMMUNITY ACTIVITIES-RETREATS AND TEACHINGS FOR THE COMMUNITY, INCLUDING SUNDAY MEETINGS.

    Expenses $83,591 · Revenue $40,131

  • FAMILY AND YOUTH EVANGELISM-MARRIAGE RETREATS, FAMILY TEACHINGS AND YOUTH EVANGELISTIC ACTIVITIES DIRECTED TOWARD STRENGTHENING MARRIAGES AND FAMILY THROUGH FAITH IN JESUS CHRIST

    Expenses $14,762

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Martin Buganski

    PRESIDENT

    Total calculated
    $113,139
    From this org
    $89,672
    From related orgs
    $0
    Other
    $23,467
    Hours/week
    40

  • John Quense

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Fred Bunsa

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Gregory Floyd

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Brian Murray

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Paul Quense

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jonathan Touhill

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Timothy Margiotta

    MEMBER

    Total calculated
    $115,649
    From this org
    $84,778
    From related orgs
    $10,000
    Other
    $20,871
    Hours/week
    40

  • Edward Moccia

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Paul Scarfone

    MEMBER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • SWORD OF THE SPIRIT

    $35,500

    THE MONEY SENT TO SWORD OF THE SPIRIT (SOS) IS OUR COMMUNITY'S TITHE (10%) TO SUPPORT THE WORK OF COMMUNITY BUILDING AROUND THE WORLD.

  • SAINT PAUL'S OUTREACH

    $15,000

    TO SUPPORT COLLEGE EVANGELISM-BRINGING STUDENTS TO A PERSONAL RELATIONSHIP WITH JESUS AND TO PARTICIPATE MORE FULLY IN THE LIFE OF THE CHURCH.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • KOINONIA ACADEMY

    501(C)(3) · NJ · controlled entity

    Directly controlled by PEOPLE OF HOPE

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CAMP HOPE

    C · I WEEK SUMMER CAMP · NJ

Provenance

Return type
form_990
Tax year
2023
Filed
7 November 2024
IRS schema version
2023v5.1
Source object
202433129349304508

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