Hope Of Life International
- Assets
- $4.2m
- Revenue
- $25.7m
- Investments
- $0.0
- Employees
- 26
- Location
- Cranston, RI
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 26-2061324
Organization Overview
Hope Of Life International is located in Cranston, RI. The organization was established in 2010. 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 12/2021, Hope Of Life International employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Of Life 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 Of Life International generated $25.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $23.9m during the year ending 12/2021. While expenses have increased by 6.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SAVING LIVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSION TRIPS AND EVANGELISM - THOSE WHO ARE INTERESTED IN SUPPORTING THE PURPOSE OF THE ORGANIZATION ARE INITIATED, COORDINATED AND FULFILLED NUMEROUS TIMES DURING THE YEAR. MISSION TEAMS ARE SENT TO VOLUNTEER SITES, CURRENTLY PRIMARILY IN GUATEMALA. THESE MISSION TRIPS INCLUDE THE FOLLOWING ACTIVITIES: DISTRIBUTION OF FOOD AND CLOTHING TO DESIGNATED RECIPIENTS; BUILDING OF SHELTERS AND BUILDINGS, INCLUDING SCHOOLS, ORPHANAGES, HOSPITALS AND HOMES; PAINTING EXISTING STRUCTURES; AS WELL AS CONDUCTING BIBLE CLASSES AND WORSHIP SERVICES.
CRISIS INTERVENTION AND EVANGELISM - WORKING WITH ORGANIZATIONS IN THE UNITED STATES THAT HAVE THE ABILITY TO PROVIDE DONATED AND PURCHASED GIFT-IN-KIND ITEMS TO BE SHIPPED TO AFFECTED AREAS OF POVERTY IDENTIFIED BY HOPE OF LIFE INTERNATIONAL AS AREAS MOST IN NEED OF ASSISTANCE. HOPE OF LIFE INTERNATIONAL THEN SHIPS THE ITEMS TO THOSE AREAS AND DISTRIBUTES THEM TO DESIGNATED RECIPIENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Arriaza President | Officer | 40 | $90,594 |
Erica Vargas Vice President | OfficerTrustee | 3 | $42,160 |
Andrea Aldana Treasurer | OfficerTrustee | 3 | $0 |
Jane Holt Director | Trustee | 1 | $0 |
Robin Motta Director (ended Mar 22) | Trustee | 2 | $0 |
Carina Pinto Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $143,085 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,530,318 |
| Noncash contributions included in lines 1a–1f | $13,944,141 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,673,403 |
| Total Program Service Revenue | $0 |
| Investment income | $590 |
| 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 | $25,673,993 |
| 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 | $21,679,171 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,971 |
| Compensation of current officers, directors, key employees. | $14,996 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $814,854 |
| Pension plan accruals and contributions | $5,885 |
| Other employee benefits | $38,431 |
| Payroll taxes | $82,827 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,994 |
| Fees for services: Accounting | $47,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,186 |
| Advertising and promotion | $16,474 |
| Office expenses | $221,009 |
| Information technology | $42,047 |
| Royalties | $0 |
| Occupancy | $112,073 |
| Travel | $44,795 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,989 |
| Interest | $9,689 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,763 |
| Insurance | $31,928 |
| All other expenses | $0 |
| Total functional expenses | $23,883,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,544,268 |
| Savings and temporary cash investments | $157,431 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $82,637 |
| Loans from Officers, Directors, or Controlling Persons | $630 |
| Loans from Disqualified Persons | $11,221 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,034 |
| Net Land, buildings, and equipment | $303,519 |
| Investments—publicly traded securities | $102,848 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,219,588 |
| Accounts payable and accrued expenses | $33,858 |
| Grants payable | $0 |
| Deferred revenue | $30,022 |
| 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 | $17,323 |
| Unsecured mortgages and notes payable | $155,671 |
| Other liabilities | $0 |
| Total liabilities | $236,874 |
| Net assets without donor restrictions | $3,096,924 |
| Net assets with donor restrictions | $885,790 |
| 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 | $4,219,588 |
Grants Awarded
Over the last fiscal year, Hope Of Life International has awarded $70,829 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Storrs, CT PURPOSE: building proj | $35,914 |
Utica, NY PURPOSE: shipments | $34,915 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Hope Of Life International has recieved totaling $111,483.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $65,000 |
Savannahs Reach Irvine, CA | | $13,600 |
Mccommons Family Foundation Wilmington, DE PURPOSE: HOLT FAMILY MISSONARY - ELIAS'S TUITION | $9,036 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $8,900 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $7,236 |
Equip Ministries International Akron, OH PURPOSE: Humanitarian aid | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Planet Aid Inc Milford, MA | $17,464,781 | $29,818,126 |
Hope Of Life International Cranston, RI | $4,219,588 | $25,673,993 |
Grassroots International Inc Boston, MA | $13,759,969 | $12,517,391 |
Refugepoint Inc Boston, MA | $13,622,053 | $13,092,298 |
Mustard Seed Communities Inc Medfield, MA | $4,174,616 | $5,848,554 |
I-Care Fund America Inc Boston, MA | $1,163,819 | $5,369,139 |
Neeman Foundation Usa Newtown, MA | $882,621 | $4,474,859 |
Hands Together Inc Chicopee, MA | $1,752,983 | $2,992,160 |
Project Healthy Children Inc Westborough, MA | $11,268,346 | $12,496,884 |
Christadelphian Meal-A-Day Americas Inc Charlestown, RI | $1,586,298 | $4,010,501 |
Mojaloop Foundation Inc Wakefield, MA | $2,277,277 | $3,582,633 |
Engage Now Africa Inc Foxboro, MA | $85,058 | $2,312,646 |