Hope Awaits Ministries
 
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Financial Accountability

100% of all donations stay within our community!
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​Hope Awaits Ministries places an extremely high importance on financial integrity and good governance.  We make every attempt to ensure 100% compliance with all federal and provincial laws.

We are pleased to share our 2020 Annual Report, a summary of all of Hope Awaits programs and services, leadership, and finances.

If you would like a copy of our financial statements, please click on the appropriate year:

2020 Financial Statements

2019 Financial Statements

2018 Financial Statements

2017 Financial Statements

2016 Financial Statements


​Looking ahead to 2021
Currently Hope Awaits Ministries’ doors are open for fifteen and a half hours each day. Our goal for 2021 is to have our doors opened to twenty-four hours, seven days a week. This will require an increase of our current annual budgeting needs by approximately $125,000


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​Income
​$272,137.51

​In 2020, Hope Awaits Ministries’ experienced unprecedented challenges as COVID-19 forced us to change the way we were able to continue with our fundraising activities. Most of our fundraising was done virtually or by mail. In spite of the restrictions we faced, we experienced our best financial year since the inception of the Ministry. We are thankful to all our donors and the foundations that have supported us.

Expenses
​$101,425.01

As you can see, salaries account for over 82% of our annual expenses.  That may seem like a lot, however, without our employees we would have no ministry.

Our staff:
  • Work with each client who comes to Hope Awaits, assisting each of them to reach their goals
  • Share the gospel with clients; lead bible studies, and pray with and for clients
  • Are trained individuals who are equipped to work with the vulnerable
  • Have hearts of compassion for the homeless
  • Are paid below industry averages, as they understand this is a mission field
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