Hope Of The World Inc
- Assets
- $0.0
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 12
- Location
- Lodi, NJ
- Founding
- 06/1991
- Data as of
- 12/2019
- EIN
- 22-3016563
Organization Overview
Hope Of The World Inc is located in Lodi, NJ. The organization was established in 1991. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2019, Hope Of The World Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Hope Of The World Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $2.8m during the year ending 12/2019. While expenses have increased by 0.2% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
EVANGELISM & OUTREACH
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVANGELISM & OUTREACH
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renata Cahn Trustee | Trustee | 40 | $70,000 |
Annette Lasso Trustee | Trustee | 20 | $0 |
Jonathan Cahn Pres/trustee | Trustee | 40 | $0 |
Gladys Dellatorre Trustee | Trustee | 0 | $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 | $3,403,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,403,036 |
| Total Program Service Revenue | $0 |
| Investment income | $66,543 |
| 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 | $3,469,579 |
| 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 | $1,487,389 |
| Compensation of current officers, directors, key employees. | $350,642 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $542,202 |
| Total functional expenses | $2,838,451 |
| 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 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hope Of The World Inc has recieved totaling $26,500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $22,100 |
Little Lamp Of Jesus Stanwood, WA PURPOSE: CHARITABLE DONATION | $2,900 |
Mclaughlin Family Foundation Inc Panama City, FL PURPOSE: CHARITABLE | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Diakon Topton, PA | $24,686,645 | $16,372,909 |
Allegheny Christian Ministries Inc Davidsville, PA | $38,200,774 | $15,292,009 |
Gateways Organization Inc Monsey, NY | $23,507,015 | $12,060,995 |
Disciplemakers Inc State College, PA | $3,061,031 | $4,864,011 |
Black Rock Retreat Quarryville, PA | $10,626,559 | $3,820,501 |
Robert Stearns International Inc Clarence, NY | $1,804,912 | $3,795,486 |
General Council On Finance & Admins Of The United Methodist Church Allison Park, PA | $2,215,441 | $3,597,549 |
Hope Of The World Inc Lodi, NJ | $0 | $3,469,579 |
American Friends Of Netiv Aryeh Inc Monsey, NY | $194,615 | $2,848,721 |
Pittsburgh Kids Foundation Inc Pittsburgh, PA | $276,319 | $2,099,447 |
Nj Onnuri Community Church Corp Fort Lee, NJ | $9,913,708 | $3,368,148 |
Church Of Bible Understanding Scranton, PA | $16,869,001 | $1,984,364 |