Special Hope Network
- Assets
- $305.0k
- Revenue
- $638.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Bellevue, WA
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-3933134
Organization Overview
Special Hope Network is located in Bellevue, WA. The organization was established in 2009. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Special Hope Network employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Hope Network 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 12/2022, Special Hope Network generated $638.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $675.5k during the year ending 12/2022. While expenses have increased by 12.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SHN IS A FAITHBASED CHRISTIAN ORGANIZATION CALLED TO BEAR GODS GLORY THROUGH CARING FOR CHILDREN WITH INTELLECTUAL DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARING FOR CHILDREN WITH INTELLECTUAL DISABILITIES IN ZAMBIA BY EQUIPPING FAMILIES AND CAREGIVERS TO PROVIDE THESE CHILDREN WITH A LOVING HOME, HOLISTIC HEALTH, AND EXCEPTIONAL EDUCATION AND THERAPIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Nelson President | OfficerTrustee | 40 | $66,602 |
Holly Nelson VP Of Education | OfficerTrustee | 40 | $64,040 |
Benjamin Menenberg Secretary | Trustee | $0 | |
Min Kim Board Chair | Trustee | $0 | |
Rebecca Fry Board Member | Trustee | $0 | |
Emma Mwanza Board Member | Trustee | $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 | $638,209 |
| Noncash contributions included in lines 1a–1f | $30,347 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $638,209 |
| Total Program Service Revenue | $0 |
| Investment income | $54 |
| 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 | $638,263 |
| 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 | $256,412 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,600 |
| Compensation of current officers, directors, key employees. | $14,260 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $175,799 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,725 |
| Fees for services: Management | $368 |
| Fees for services: Legal | $351 |
| Fees for services: Accounting | $4,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $24,087 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $618 |
| Advertising and promotion | $0 |
| Office expenses | $4,663 |
| Information technology | $22,013 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,950 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $726 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,565 |
| All other expenses | $7,220 |
| Total functional expenses | $675,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,479 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $41,500 |
| 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 | $304,979 |
| Accounts payable and accrued expenses | $1,203 |
| 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 | $1,203 |
| Net assets without donor restrictions | $283,776 |
| Net assets with donor restrictions | $20,000 |
| 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 | $304,979 |