Civic Intelligence

Raising Hope Ministries Inc

EIN 87-2675262 • 501(c)3 • Mansfield, OH

Profile

Raise funds to support students in haiti with housing, schooling and food

2000 Matthes DrMansfield, OH 44906

www.raisinghopeministries.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-39%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$24,034

Up $29,855 (+513%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$24,034

Up $29,855 (+513%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin69th percentile

Revenue

Down

$200,141

Down $130,095 (-39%) from 2023

Expenses

Down

$170,286

Down $196,539 (-54%) from 2023

Net Income

Up

$29,855

Up $66,444 (+182%) from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0-$10KAssets 2022: $30,768Liabilities 2022: $0Net Assets 2022: $30,7682022Assets 2023: -$5,821Liabilities 2023: $0Net Assets 2023: -$5,8212023Assets 2024: $24,034Liabilities 2024: $0Net Assets 2024: $24,0342024

Highlighted filing

2024

Assets$24,034
Liabilities$0
Net Assets$24,034
Open 2024 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2022: $173,192Expenses 2022: $259,803Net Income 2022: -$86,6112022Revenue 2023: $330,236Expenses 2023: $366,825Net Income 2023: -$36,5892023Revenue 2024: $200,141Expenses 2024: $170,286Net Income 2024: $29,8552024

Highlighted filing

2024

Revenue$200,141
Expenses$170,286
Net Income$29,855
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,034
Liabilities
$0
Net assets
$24,034
Revenue
$200,141
Expenses
$170,286
Net income
$29,855
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$2.00$1.70$0.30
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$3.30$3.67$0.37
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$1.73$2.60$0.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.0
Gross Receipts
$200,141
Mission and Program Overview

Mission

Raise funds to support students in haiti with housing, schooling and food

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$-5,821$24,034▲ $29,855
Total Assets$-5,821$24,034▲ $29,855
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-5,821$24,034▲ $29,855
Total Net Assets Fund Balance$-5,821$24,034▲ $29,855
Total Liabilities and Net Assets / Fund Balance$-5,821$24,034▲ $29,855
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Jamie MillerDirector
John BensonDirector
Cheryl BensonSecretary
Tim BanksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$200,141
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$200,141
Change in Net Assets
$29,855
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$161,550
Other Expenses$8,736
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$161,550--$161,550
Fees for Services Legal$3,298--$3,298
Office Expenses$1,978--$1,978
Travel$1,004--$1,004
Information Technology$917--$917
Other Expenses$300--$300
Advertising$42--$42
Total Functional Expenses$170,286$0$0$170,286
International Activity

International Summary

Offices
1
Employees
1
Spending
$161,550

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America & the CaribbeanGrants for EducationGrants for Education11$161,550
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The final copy of the federal form 990, as ultimately filed with the irs, is provided to each voting board member of the organization's governing board.”

Form 990, Page 6, Part VI, Line 19

“The organization makes available for public inspection, upon request, all documents as required by federal, state and local law, including but not limited to the irs form 990, annual report, and minutes of the board meetings.”

Filing and Contact Details

Filer

Filer Name
Raising Hope Ministries Inc
EIN
87-2675262
Phone
4196316160
Address
2000 MATTHES DR, MANSFIELD, OH 44906

Signing Officer

Name
Tim Banks
Title
Treasurer
Phone
4196316160
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Banks
Formed
2021
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Wilging Roush & Parsons Cpas
Address
1221D S TRIMBLE RD, MANSFIELD, OH 44907
Preparer
Mark a Wilging
Phone
4195222727
Raw XML Appendix302 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.

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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1FUNDS ARE OVERSEEN AND ACCOUNTED FOR BY ONE OF THE EMPLOYEES BASED IN HAITI, AND THE RAISING HOPE HAITI FIELD DIRECTOR, AND ARE REPORTED TO THE RAISING HOPE BOARD MEMBERS ON A MONTHLY BASIS.
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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