Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Song of Hope Ministries
EIN 45-5595029 • 501(c)3 • Raymore, MO
Profile
The specific purpose for which the corporation is initially organized is to teach and preach the gospel through speaking and singing engagements at religious venues, to produce and distribute Christian literature, to conduct public evangelistic activities, to offer bible based classes, to provide spiritual counseling, to provide practical support including shelter, food and resources to single mothers and their children, or others who find themselves in an impoverished state, to license and ordain ministers of the gospel and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501c3 of the Internal Revenue Code.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.13x
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
50th percentile
Higher net margin than 50% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Balance Sheet
Assets
Up$11,310
Up $3,518 (+45%) from 2022
Liabilities
Up$12,801
Up $1,277 (+11%) from 2022
Net Assets
Up-$1,491
Up $2,241 (+60%) from 2022
Revenue
Up$130,345
Up $37,134 (+40%) from 2022
Expenses
Up$128,104
Up $9,073 (+7.6%) from 2022
Net Income
Up$2,241
Up $28,061 (+109%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $11,310
- Liabilities
- $12,801
- Net assets
- -$1,491
- Revenue
- $130,345
- Expenses
- $128,104
- Net income
- $2,241
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Apr 23, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $130,345
Mission and Program Overview
Mission
The specific purpose for which the corporation is initially organized is to teach and preach the gospel through speaking and singing engagements at religious venues, to produce and distribute Christian literature, to conduct public evangelistic activities, to offer bible based classes, to provide spiritual counseling, to provide practical support including shelter, food and resources to single mothers and their children, or others who find themselves in an impoverished state, to license and ordain ministers of the gospel and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501c3 of the Internal Revenue Code.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Song of Hope has reached beyond the walls of the church to those bound by relational brokenness, sexual brokenness, and physical incarceration, ministering with these guiding principles: pursuit of holiness and righteousness in every area of life through discipleship love of the Word of God through development of a life of prayer and meditation vibrant expression of worship unto transformation and the glorication of Jesus Christ. | - | $12,349 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jaye Thomas | President | FT | $0 | - | - |
| Nayomi Thomas | Vice President | PT | $0 | - | - |
| Alex Lee | Chairman | - | $0 | - | - |
| Oscar Roche | Chairman | - | $0 | - | - |
| Rahsha Goodman | Secretary | - | $0 | - | - |
| Rachael Picazo | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Song of Hope Ministries
- EIN
- 45-5595029
- Phone
- 8162009259
- Address
- 1405 E Gore Rd, Raymore, MO 64083
Signing Officer
- Name
- Jaye Thomas
- Title
- President
- Signed
- 2024-04-23
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Picazo Squared Inc
- Address
- 8949 Brooks Road, Fort Wayne, IN 46825
- Preparer
- Rachael Picazo CPA
- Phone
- 2602557981
Supplemental Narrative
Additional Explanations
Other Expenses.1005
“Travel $6318”
Other Expenses.1008
“Interest $160”
Other Expenses.1
“Telephone $6043”
Other Expenses.2
“Books, materials $4997”
Other Expenses.3
“supplies $3969”
Other Expenses.4
“honorariums $2000”
Other Expenses.5
“business expenses $1418”
Other Expenses.6
“media expense $1383”
Other Expenses.7
“bank fees $966”
Other Expenses.8
“payroll processing fee $328”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $624 Accounts Payable and Accrued Expenses - Ending $1901”
Total Liabilities.1
“SBA Loan - Beginning $10900 SBA Loan - Ending $10900”
Raw XML Appendix151 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Rachael Picazo |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2604161160 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 247 Airport N Office Park |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Fort Wayne |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 46825 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 7792 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 11310 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 130345 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2241 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3225 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 7792 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 11310 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 130345 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -3732 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -1491 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -3732 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -1491 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 208 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jaye Thomas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Nayomi Thomas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Alex Lee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Oscar Roche |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Rahsha Goodman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Rachael Picazo |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27582 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The specific purpose for which the corporation is initially organized is to teach and preach the gospel through speaking and singing engagements at religious venues, to produce and distribute Christian literature, to conduct public evangelistic activities, to offer bible based classes, to provide spiritual counseling, to provide practical support including shelter, food and resources to single mothers and their children, or others who find themselves in an impoverished state, to license and ordain ministers of the gospel and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501c3 of the Internal Revenue Code. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 264 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Song of Hope has reached beyond the walls of the church to those bound by relational brokenness, sexual brokenness, and physical incarceration, ministering with these guiding principles: pursuit of holiness and righteousness in every area of life through discipleship love of the Word of God through development of a life of prayer and meditation vibrant expression of worship unto transformation and the glorication of Jesus Christ. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 12349 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 96825 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 11524 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 12801 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 128104 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 12349 |
| IRS990EZ/TotalRevenueAmt | 0 | 130345 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.songofhopeministries.org/ |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Travel $6318 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Interest $160 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Telephone $6043 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Books, materials $4997 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | supplies $3969 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | honorariums $2000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | business expenses $1418 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | media expense $1383 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | bank fees $966 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | payroll processing fee $328 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Accounts Payable and Accrued Expenses - Beginning $624 Accounts Payable and Accrued Expenses - Ending $1901 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | SBA Loan - Beginning $10900 SBA Loan - Ending $10900 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jaye Thomas |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-04-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Song of Hope Ministries |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SONG |
| ReturnHeader/Filer/EIN | 0 | 455595029 |
| ReturnHeader/Filer/PhoneNum | 0 | 8162009259 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1405 E Gore Rd |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Raymore |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MO |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 64083 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 824672878 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Picazo Squared Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8949 Brooks Road |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Fort Wayne |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 46825 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2602557981 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Rachael Picazo CPA |
| ReturnHeader/ReturnTs | 0 | 2024-04-23T09:45:32-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Jaye |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Thomas |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
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