Trinity Hope Inc
- Assets
- $3.4m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Franklin, TN
- Founding
- 08/2005
- Data as of
- 07/2022
- EIN
- 20-2216228
Organization Overview
Trinity Hope Inc is located in Franklin, TN. The organization was established in 2005. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 07/2022, Trinity Hope Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trinity Hope Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2022, Trinity Hope Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $2.4m during the year ending 07/2022. While expenses have increased by 17.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TEACH CHRISTIAN BELIEFS AND FEED CHILDREN IN HAITI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACH CHRISTIAN BELIEFS AND FEED CHILDREN IN HAITI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Gudlin Co-Executive Director | Officer | 40 | $73,051 |
Keith Logan Co-Executive Director | Officer | 40 | $51,536 |
Steve Martens President | OfficerTrustee | 2 | $0 |
Jeanette Egly Treasurer | OfficerTrustee | 2 | $0 |
Karen Hall Secretary | OfficerTrustee | 2 | $0 |
Julie Childs Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $122,235 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,446,029 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,568,264 |
| Total Program Service Revenue | $0 |
| Investment income | $10,097 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,579,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,156,679 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,586 |
| Compensation of current officers, directors, key employees. | $14,078 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,285 |
| Office expenses | $3,450 |
| Information technology | $5,058 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,348 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,316 |
| All other expenses | $0 |
| Total functional expenses | $2,403,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,609,637 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,161 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $756,911 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,929 |
| Total assets | $3,423,638 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $45,644 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $45,644 |
| Net assets without donor restrictions | $3,339,065 |
| Net assets with donor restrictions | $38,929 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,423,638 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Trinity Hope Inc has recieved totaling $195,858.
| Awarding Organization | Amount |
|---|---|
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $51,288 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $51,288 |
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: General Support | $37,015 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: MISSIONARY SUPPORT | $21,450 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $12,032 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Endowment Analysis
| Beg. Balance | $38,196 |
| Earnings | $733 |
| Ending Balance | $38,929 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blumont International Inc Arlington, VA | $12,865,572 | $19,569,982 |
Global Outreach International Inc Tupelo, MS | $17,084,883 | $17,437,149 |
Gleaning For The World Inc Concord, VA | $12,160,365 | $11,390,037 |
Coptic Orphans Support Association Merrifield, VA | $53,399,454 | $18,274,988 |
Kids Alive International Inc Alpharetta, GA | $13,632,036 | $14,142,637 |
Nascent Solutions Inc Alexandria, VA | $4,533,019 | $10,643,568 |
Amigos For Christ Buford, GA | $4,217,846 | $8,607,219 |
Penny Appeal Usa Inc Alexandria, VA | $5,095,057 | $8,905,052 |
Mission Enablers International Bentonville, AR | $795,841 | $7,887,827 |
Samaritans Feet International Charlotte, NC | $19,362,497 | $7,555,032 |
Meds & Food For Kids St Louis, MO | $9,342,329 | $4,463,955 |
St Luke Foundation For Haiti Dumfries, VA | $1,366,541 | $7,126,757 |