EIN 73-1037026

Restore Hope Ministries

IRS 501(c) type
501(c)(3)
Num. employees
14
City
Year formed
1978
Most recent tax filings
2020-06-01
NTEE code, primary
Description
Restore Hope Ministries Inc was establshed as a response to the growing need for emergency assistance to families experiencing financial crisis. The mission is to Restore families in financial crisis to economic and spirtual vitality. Restore Hope Min...
Related structure
Restore Hope Ministries is child organization, under the parent exemption from General Council on Finance and Admins of the United Methodist Church.
Total revenues
$1,819,203
2020
Total expenses
$1,466,559
2020
Total assets
$2,181,997
2020
Num. employees
14
2020

Program areas at Restore Hope Ministries

Hunger reduction: one in four children in tulsa county do not know when they will eat again. This is something Restore Hope is committed to change. Last year, Restore Hope Ministries distributed 232,037 pounds of nutritious groceries to help 2,187 families fight hunger by putting food on the table for themselves and their families. In response to the covid-19 pandemic, we shifted our food program to provide a contactless process. We found that 70% of our clients during that time were new to our program at that location.
Hope promotion: when a crisis strikes, more than just one's physical well-being is impacted. The crisis itself can be emotionally damaging but the fact that one must seek aid also affects one's sense of worth. Restore Hope seeks to address these needs through daily (optional) chapel services, volunteer prayer counselors, and chapel staff. Before we had to shut down our services for safety related to coivd-19, 634 persons visited one of Restore Hope's chapel services, 228 persons received a new bible, and 49 families found a new church home. We shifted our chapel program to social media after march, 2020 with a weekly video devotion "wednesday in the word."
Homeless prevention: Restore Hope Ministries' homeless prevention initiative provided rent assistance for individuals and families at risk of becoming homeless. The agency offers rent assistance for families who can document a recent and unexpected loss of income and are facing eviction. The economic impact of covid-19 meant many more people were facing eviction as a result of income loss and some had significant amounts of rent due. As a result, our community asked Restore Hope to greatly expand our program. Though the impact of covid-19 was late in the fiscal year (and much of our assistance came after this time frame) we were able to prevent homelessness for 1,068 individuals in this fiscal year.

Who funds Restore Hope Ministries

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Common Bond FoundationGeneral Operations$75,000
Tulsa Community FoundationGeneral Operations$25,367
Terri Savelle Foy MinistriesGeneral Support$11,500
...and 7 more grants received

Personnel at Restore Hope Ministries

NameTitleCompensation
Jeffry JaynesExecutive Director$60,719
Jean AlabiDirector of Development and Communications
Terri FinniganFood Manager
Santiago RuizTreasurer$0
Mary HaleSecretary$0
...and 1 more key personnel

Financials for Restore Hope Ministries

RevenuesFYE 06/2020
Total grants, contributions, etc.$1,777,214
Program services$0
Investment income and dividends$26,726
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$10,766
Net income from fundraising events$4,497
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,819,203

Form 990s for Restore Hope Ministries

Fiscal year endingDate received by IRSFormPDF link
2020-062021-07-16990View PDF
2019-062021-04-02990View PDF
2018-062019-08-05990View PDF
2017-062018-08-07990View PDF
2016-062016-12-27990View PDF
...and 6 more Form 990s
Data update history
August 2, 2022
Received grants
Identified 2 new grant, including a grant for $5,000 from Mike and Susan Burkhart Foundation
July 22, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 21, 2022
Updated personnel
Identified 6 new personnel
July 21, 2022
Used new vendors
Identified 1 new vendor, including
September 23, 2021
Received grants
Identified 4 new grant, including a grant for $75,000 from Common Bond Foundation
Nonprofit Types
Chapter / child organizationsCharitiesChurches
Issues
Human servicesReligionFood and nutritionHunger
Characteristics
ReligiousFundraising eventsEndowed supportCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
2960 Charles Page Blvd
Tulsa, OK 74127
Metro area
Tulsa, OK
County
Tulsa County, OK
Website URL
restorehope.org/ 
Phone
(918) 582-5766
IRS details
EIN
73-1037026
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X00: Religion: General
NAICS code, primary
813110: Religious Organizations
Parent/child status
Child within group exemption
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