Hope Of The World Inc
- Assets
- $12.2m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 23
- Location
- Lodi, NJ
- Founding
- 06/1991
- Data as of
- 12/2021
- 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 12/2021, Hope Of The World Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Of The World 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 12/2021, Hope Of The World Inc generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $2.8m during the year ending 12/2021. 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
2021
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 Vice President | Officer | 40 | $82,234 |
Jonathan Cahn President | Officer | 40 | $13,077 |
Annette Lasso Secretary | Officer | 6 | $0 |
Gladys Dellatorre Treasurer | Officer | 1 | $0 |
Barbara Marino Treasurer | Officer | 20 | $0 |
Albert Gilbert Trusteee | Trustee | 3 | $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 | $5,438,927 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,438,927 |
| Total Program Service Revenue | $0 |
| Investment income | $40,203 |
| 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 | $5,479,130 |
| 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 | $671,108 |
| Compensation of current officers, directors, key employees. | $683,862 |
| 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 | $63,718 |
| 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 | $64,325 |
| Insurance | $0 |
| All other expenses | $68,044 |
| Total functional expenses | $2,758,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,249 |
| Savings and temporary cash investments | $9,637,090 |
| 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 | $2,389,809 |
| 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 | $12,182,148 |
| 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 | $21,877 |
| Total liabilities | $21,877 |
| 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 | $12,160,271 |
| Total liabilities and net assets/fund balances | $12,182,148 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Hope Of The World Inc has recieved totaling $67,739.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $42,350 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $21,850 |
Little Lamp Of Jesus Stanwood, WA PURPOSE: MINISTRY SUPPORT | $2,200 |
Mclaughlin Family Foundation Inc Lynn Haven, FL PURPOSE: CHARITABLE | $1,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $139 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allegheny Christian Ministries Inc Davidsville, PA | $38,200,774 | $15,292,009 |
Diakon Topton, PA | $25,282,356 | $12,688,159 |
Gateways Organization Inc Monsey, NY | $26,241,298 | $11,762,904 |
Disciplemakers Inc State College, PA | $2,971,948 | $5,867,999 |
General Council On Finance & Admins Of The United Methodist Church Allison Park, PA | $2,741,715 | $3,669,779 |
Black Rock Retreat Quarryville, PA | $10,750,251 | $3,252,262 |
Nj Onnuri Community Church Corp Fort Lee, NJ | $10,774,386 | $3,680,049 |
Ohr Hatorah Bergenfield, NJ | $360,051 | $2,967,951 |
Hope Of The World Inc Lodi, NJ | $12,182,148 | $5,479,130 |
American Friends Of Netiv Aryeh Inc Monsey, NY | $174,267 | $2,714,241 |
Turning Point Brooklyn Inc Brooklyn, NY | $2,563,430 | $1,977,308 |
Church Of Bible Understanding Scranton, PA | $14,969,053 | $1,769,760 |