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Advent Hope Ventures Inc

New York, NY · EIN 273773953 · Form 990 · FY2024 · NTEE K40 · Food, Agriculture & Nutrition · Small ($100K-$1M) · adventhopeventures.org
revenue
$205K
expenses
$240K
net assets
$30K
employees
0
volunteers
45
program ratio
50%
mission · from form 990

Advent Hope Ventures incubates and cultivates wholistic gospel-centered communities, missional leaders, and public college campus chaplains in urban areas.

profile · synthesized from sources

Advent Hope Ventures incubates and supports gospel-centered ministries focused on holistic well-being in urban areas. The organization develops programs that serve communities through spiritual, social, and physical outreach, with a focus on cities and college campuses. It operates in New York City and supports affiliated networks addressing urban ministry and student engagement.

named programs · 2 · from sources

What they call their work

GTHR AdventCollegiate
An Adventist community supporting college and university students in New York City
GTHR Urban Ministry Network
A network facilitating peer-based connections, resourcing, and mutual encouragement among Adventists engaged in urban ministry
activities · 1 group

What they do

  • Christian Missionary and Church Planting Efforts 1 activity
    • Incubating holistic gospel-centered communities in urban areas
      Develops and supports gospel-centered communities in cities and on public college campuses, with a focus on fostering physical, mental, social, and spiritual well-being. This includes long-term cultivation of missional communities and leadership in urban contexts.
financials · form 990 · fy2024
revenue
Total revenue$205K
Contributions & grants$205K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$240K
Program expenses50%
Admin / overhead35%
Fundraising14%
Salaries & benefits$49K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$30K
Cash$30K
Investments$0
Liabilities$0
Net assets$30K
Liquid reserves1.5 mo
5 years on record · 2020–2024 · YoY revenue -9.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
Kenneth Todd Stout President 15 $30K
board members · 3
  • Alex Espana — Secretary
  • Greg King — Treasurer
  • Yamil Rosario — Director
relationships · 3

Who they work with

  • AdventCollegiate Partner — Partner organization fostering an Adventist student community in NYC.
  • GTHR Partner — Collaborates to create and nurture gospel-centered communities in cities and on college campuses.
  • Urban Ministry Network Network — Member of a network facilitating peer-based opportunities for Adventists engaged in urban ministry.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Ministry Incubator Model
    methodology: ministry_incubator
    By launching and nurturing faith-based programs through an incubator structure, we accelerate the development of sustainable urban ministries that promote holistic well-being, because early-stage support and resources increase viability and impact in underserved communities.
  • Peer-Based Network for Mutual Empowerment
    methodology: peer_based_network
    By connecting Adventist urban ministers in a peer network, we enhance retention and effectiveness because shared learning and mutual encouragement strengthen resilience and adaptive capacity in challenging ministry contexts.