SeeBITDAOklahoma

Ray of Hope Advocacy Center, Inc.

Emergency and other relief services
Nonprofit
Reported revenueReported figures
$1.1M
$1.0Mlikely range$1.1M
Revenue
$1.1M
a year
Profit (EBITDA)
$139K
13% of revenue
Employees
3
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
  • Michael Colaw
    President-El · Form 990
  • Champagne Kane
    President · Form 990
  • Morgan Phillips
    Treasurer · Form 990
  • Lisa Martinez
    Secretary · Form 990
  • Jordan Ihrig
    Vice-Preside · Form 990
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $1.1M

Based on IRS Form 990 (2024).

Reported revenue, IRS Form 990 (2024)$1.1M
× 13% profit margin$139K

· Own this business? Correct these figures

Employees over time

▲ 167% since 2020
05102020202120222023202438
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan3$1.4M$185K
2020Form 55007$3.3M$432K
2021Form 55007$3.3M$432K
2022Form 55008$3.8M$494K
2023Form 55008$3.8M$494K
2024Form 55008$3.8M$494K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2024
Reported financials
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
RAY OF HOPE ADVOCACY CENTER, INC.
this business
$1.1M$139K—
LIGHTHOUSE OUTREACH CENTER OF BARTLESVILLE, INC
Bartlesville · 18 employees
$1.1M$141K1.4 mi
PHILLIP CHARLES SINOR
Owasso · 1 employees
$381K$65K34.7 mi
SAFENET SERVICES, INC.
Claremore · 21 employees
$2.1M$276K35.8 mi
COMMUNITY FOOD BANK OF EASTERN OKLAHOMA, INC.
Tulsa · 75 employees
$61.1M$5.2M39.8 mi
JOHN 3:16 MISSION
Tulsa · 55 employees
$15.4M$1.5M40.6 mi
IRON GATE INC
Tulsa · 16 employees
$2.7M$324K41.1 mi

The full calculation

Calibrated: revenue lowered to 77% of the industry-average estimate, to match what businesses in this industry actually report.

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.

Revenue range$1.0M – $1.1M
EBITDA range$132K – $146K
Industry (NAICS)Emergency and other relief services (624230)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • AccountingStotts Archambo Mueggenborg & Barclay PCPrepared its Form 990
  • BankingRegent BankPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Regent Bank
PPP 2020
All 726 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/15/2020first$17K$18K3Regent Bank

Public records

IRS Form 990
Nonprofit
Revenue (2024)$1.1M
Assets$2.0M
Tax-exempt since2004

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Ray of Hope Advocacy Center, Inc.

Ray of Hope Advocacy Center, Inc. is an emergency and other relief services company in Bartlesville, Oklahoma. Its reported annual revenue is about $1.1M, with roughly $139K of EBITDA. It has about 8 employees.

Common questions

Who owns Ray of Hope Advocacy Center, Inc.?
The owner of Ray of Hope Advocacy Center, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Ray of Hope Advocacy Center, Inc. make?
Ray of Hope Advocacy Center, Inc. reported revenue of about $1.1M.
How many employees does Ray of Hope Advocacy Center, Inc. have?
About 8, from its 2024 retirement-plan filing.