Hope International
- Assets
- $24.5m
- Revenue
- $28.1m
- Investments
- $306.0k
- Employees
- 157
- Location
- Lancaster, PA
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 23-2836648
Organization Overview
Hope International is located in Lancaster, PA. The organization was established in 1997. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Hope International employed 157 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope International 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 International generated $28.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $25.5m during the year ending 12/2021. While expenses have increased by 8.0% 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.
Since 2015, Hope International has awarded 18 individual grants totaling $41,475,448. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INVEST IN THE DREAMS OF FAMILIES IN THE WORLD'S UNDERSERVED COMMUNITIES AS WE PROCLAIM AND LIVE THE GOSPEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAVINGS-LEDTHE HOPE INTERNATIONAL (HOPE) NETWORK OF SAVINGS GROUP PROGRAMS (SGS) PROVIDE INDIVIDUALS WITH A SAFE PLACE TO SAVE. FACILITATORS TRAIN GROUPS OF 10-30 MEMBERS TO POOL THEIR SAVINGS ON A REGULAR BASIS, SOMETIMES AS LITTLE AS 20-50 CENTS A WEEK. MEMBERS USE THEIR SAVINGS OR TAKE OUT LOANS FROM THE GROUP TO USE AS A BUFFER AGAINST EMERGENCIES, MAKE IMPORTANT HOUSEHOLD PURCHASES, OR INVEST IN BUSINESSES. AS MEMBERS MEET REGULARLY, THEY FELLOWSHIP WITH ONE ANOTHER, PRAY TOGETHER, AND STUDY GOD'S WORD. HOPE-MANAGED AND PARTNER SGS CURRENTLY SERVE IN BURUNDI, HAITI, MALAWI, PERU, THE PHILIPPINES, RWANDA, SOUTH ASIA, UGANDA ,UKRAINE, ZAMBIA, AND ZIMBABWE.
CREDIT-LEDHOPE-NETWORK MICROFINANCE INSTITUTIONS (MFIS) PROVIDE ENTREPRENEURS WITH SAVINGS ACCOUNTS AND SMALL LOANS TYPICALLY RANGING FROM $100-$2,000 TO INVEST IN THEIR BUSINESSES. WHEN INDIVIDUALS MEET REGULARLY TO REPAY THEIR LOANS, THEY ALSO WORSHIP TOGETHER, RECEIVE BUSINESS TRAINING, STUDY SCRIPTURE, AND ENCOURAGE EACH OTHER. ONCE REPAID, LOAN CAPITAL REVOLVES BACK INTO THE FUND TO LEND TO MORE ENTREPRENEURS. HOPE-MANAGED AND PARTNER MFIS CURRENTLY SERVE IN BURUNDI, THE DOMINICAN REPUBLIC, HAITI, MOLDOVA, PARAGUAY, THE PHILIPPINES, THE REPUBLIC OF CONGO, ROMANIA, RWANDA AND UKRAINE.
OTHERHOPE'S OTHER PROGRAM SERVICES INCLUDE EDUCATION, THE PATHWAYS OUT OF POVERTY EXHIBIT,THE POVERTY SIMULATION, AND DSU KIGALI. EDUCATION: HOPE REGIONAL REPRESENTATIVES INTRODUCE INDIVIDUALS TO THE WORK OF HOPE, SHARE A BIBLICAL PERSPECTIVE ON POVERTY, AND SPEAK AT CHURCHES, CONFERENCES, AND OTHER COMMUNITY EVENTS NOT SPONSORED BY HOPE. PATHWAYS OUT OF POVERTY EXHIBIT: THIS MULTI-SENSORY EXHIBIT USES STORIES OF INDIVIDUALS AROUND THE WORLD TO PORTRAY PEOPLE WORKING THEMSELVES OUT OF POVERTY. POVERTY SIMULATION: HOPE RUNS SIMULATIONS AROUND THE U.S., WHICH ARE EXPERIENTIAL LEARNING OPPORTUNITIES DESIGNED TO HELP PARTICIPANTS SYMBOLICALLY EXPERIENCE THE REALITIES OF A LIFETIME SPENT LIVING IN POVERTY. DSU KIGALI: A "DISTRIBUTED SERVICE UNIT" BASED IN RWANDA PROVIDING CONSULTING SERVICES TO PROGRAMS IN HOPE'S GLOBAL NETWORK.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Greer President & CEO | OfficerTrustee | 52 | $139,578 |
Christopher Horst Chief Advancement Officer | Officer | 40 | $100,522 |
Jesse Casler Chief Operating Officer | Officer | 45 | $75,783 |
Jeffrey Rutt Chairman Of The Board | OfficerTrustee | 1 | $0 |
Douglas Bolles Treasurer | OfficerTrustee | 1 | $0 |
Cathi Linch Vice Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,563,609 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,988,788 |
| Noncash contributions included in lines 1a–1f | $523,629 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,552,397 |
| Total Program Service Revenue | $0 |
| Investment income | $343,899 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $180,623 |
| Net Gain/Loss on Asset Sales | $84,350 |
| Net Income from Fundraising Events | -$65,447 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,112,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,943,547 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,283,128 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $417,506 |
| Compensation of current officers, directors, key employees. | $91,343 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,190,681 |
| Pension plan accruals and contributions | $263,210 |
| Other employee benefits | $1,329,558 |
| Payroll taxes | $488,506 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,854 |
| Fees for services: Accounting | $37,292 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,995,719 |
| Advertising and promotion | $475,111 |
| Office expenses | $636,736 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $265,064 |
| 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 | $177,143 |
| Insurance | $34,625 |
| All other expenses | $1,208 |
| Total functional expenses | $25,526,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $789,924 |
| Savings and temporary cash investments | $288,103 |
| Pledges and grants receivable | $2,520,267 |
| 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 | $785,584 |
| Net Land, buildings, and equipment | $3,484,448 |
| Investments—publicly traded securities | $16,114,398 |
| Investments—other securities | $306,015 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $184,980 |
| Total assets | $24,473,719 |
| Accounts payable and accrued expenses | $613,709 |
| 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 | $613,709 |
| Net assets without donor restrictions | $18,747,656 |
| Net assets with donor restrictions | $5,112,354 |
| 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 | $24,473,719 |
Grants Awarded
Over the last fiscal year, Hope International has awarded $9,943,547 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lancaster, PA PURPOSE: TO INFUSE CAPITAL IN MICROENTERPRISE OPERATIONS. | $9,763,547 |
Bellevue, WA PURPOSE: ASSIST WITH GROWING MICROENTERPRISE OPERATIONS AND MISSION TRIPS. | $180,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Hope International has recieved totaling $12,600.
| Awarding Organization | Amount |
|---|---|
City On A Hill Foundation Ft Wayne, IN PURPOSE: CIVIC | $5,000 |
Emmerich Foundation Jordan, MN PURPOSE: GENERAL SUPPORT | $3,500 |
Diane And Steve Clark Family Foundation Wilmington, DE PURPOSE: SPONSOR A CHILD'S SURGERY | $2,000 |
The Page Foundation Wilmington, DE PURPOSE: GENERAL AND UNRESTRICTED | $1,000 |
Fasnacht Family Foundation Hershey, PA PURPOSE: UNRESTRICTED | $1,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $100 |
Endowment Analysis
| Beg. Balance | $8,380,232 |
| Earnings | $409,252 |
| Net Contributions | $312,458 |
| Other Expense | $131,462 |
| Ending Balance | $8,970,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adventist Development And Relief Agency International Silver Spring, MD | $93,556,695 | $133,531,867 |
Brothers Brother Foundation Pittsburgh, PA | $16,877,615 | $117,307,567 |
International Aids Vaccine Initiative Inc New York, NY | $107,049,023 | $126,352,598 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
Helen Keller International New York, NY | $112,029,852 | $121,068,878 |
Action Against Hunger Usa New York, NY | $114,998,583 | $117,737,270 |
Jewish National Fund -Keren Kayemeth Leisrael- Inc New York, NY | $532,275,365 | $140,855,420 |
Concern Worldwide U S Inc New York, NY | $28,102,900 | $75,183,447 |
Brac Usa Inc New York, NY | $39,074,186 | $26,089,482 |
American Society For Technion- Israel Institute Of Technology Inc New York, NY | $552,165,498 | $74,453,195 |
King Baudouin Foundation United States Inc New York, NY | $71,313,887 | $81,640,878 |
Citihope International Inc Margaretsville, NY | $17,709,063 | $34,849,219 |