Hope Nicaragua Inc
- Assets
- $0.0
- Revenue
- $7.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 09/2005
- Data as of
- 12/2019
- EIN
- 20-2987452
Organization Overview
Hope Nicaragua Inc, operating under the name Support Christian Mission In Nicarag, is located in Fairfax, VA. The organization was established in 2005. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. Support Christian Mission In Nicarag 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 12/2019, Support Christian Mission In Nicarag generated $7.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (59.7%) each year. All expenses for the organization totaled $256.9k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
HOPE NICARAGUA IS A MISSION ORGANIZATION THAT IS CHRIST-CENTERED, PEOPLE-CENTERED, AND CHURCH-CENTERED. THROUGH EDUCATION MINISTRY, CARING MINISTRY, PASTORAL TRAINING MINISTRY, AND CHURCH SUPPORT MINISTRY, WE SERVE THE PEOPLE OF NICARAGUA TO BRING HOPE AND SPREAD THE LOVE OF CHRIST IN NICARAGUA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFERRED THE FUNDS TO KOREAN PRESBYTERIAN CHURCH OF WESTCHESTER AND TERMINATED HOPE NICARAGUA INC AS OF DECEMBER 31, 2019. AS MISSIONARY JUN MOVED BACK TO UNITED STATES TO TAKE THE SENIOR PASTOR POSITION AT THE KOREAN PRESBYTERIAN CHURCH OF WESTCHESTER (KPCOW) IN NEW ROCHELLE, NY IN DECEMBER 2018, THE HOPE NICARAGUA BOARD DECIDED TO TRANSFER THE ENTIRE REMAINING MISSION FUND TO KPCOW. THE TRANSFER OF FUNDS WAS COMPLETED IN 2019.
SUPPORTED THE COLLEGE EDUCATION OF MISSIONARY JUN'S CHILD (JAN.- DEC. 2019, $1,000/MONTH)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tae W Lim President | Officer | 5 | $0 |
Gil Kim Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,290 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,290 |
| Total Program Service Revenue | $0 |
| Investment income | $104 |
| 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 | $7,394 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $103 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $256,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |