Compassionate Hope Foundation
- Assets
- $2.1m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Antioch, TN
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 27-4431021
Organization Overview
Compassionate Hope Foundation is located in Antioch, TN. The organization was established in 2012. 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, Compassionate Hope Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compassionate Hope Foundation 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, Compassionate Hope Foundation generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 18.9% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL, PRACTICAL, AND COMPASSIONATE HELP TO MINISTRIES, PEOPLE GROUPS, OR INDIVIDUALS WHO ARE DISADVANTAGED IN THE SOCIETIES THEY LIVE IN.
Describe the Organization's Program Activity:
TO PROVIDE FINANCIAL, PRACTICAL, AND COMPASSIONATE HELP TO MINISTRIES, PEOPLE GROUPS, OR INDIVIDUALS WHO ARE DISADVANTAGED IN THE SOCIETIES THEY LIVE IN.
TIN MAN MINISTRIES MISSION IS TO BUILD AND TRAIN A TEAM OF MENTORING COACHES, TO FOCUS ON EQUIPPING LEADERS AND ORGANIZATIONS, AND CARING FOR THE VULNERABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Schulte Founder | Trustee | 40 | $85,000 |
Al Henson President | OfficerTrustee | 40 | $56,500 |
Catherine Doyle Treasurer | OfficerTrustee | 5 | $26,000 |
John Doyle Vice President | OfficerTrustee | 5 | $0 |
Sidney Allen Secretary | OfficerTrustee | 5 | $0 |
Lynette Martens Member | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Joel Peters | 12/30/21 | $123,525 |
Robbyn Abedi | 12/30/21 | $129,051 |
Todd Wermers | 12/30/21 | $167,311 |
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 | $3,471,038 |
| Noncash contributions included in lines 1a–1f | $38,699 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,471,038 |
| Total Program Service Revenue | $784,233 |
| Investment income | $850 |
| 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 | $4,256,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
| Grants and other assistance to domestic individuals. | $93,276 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,399,694 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $396,942 |
| Compensation of current officers, directors, key employees. | $98,920 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,808 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,158 |
| Fees for services: Accounting | $12,039 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,249,640 |
| Advertising and promotion | $38,046 |
| Office expenses | $23,636 |
| Information technology | $30,043 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $16,385 |
| 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 | $3,282 |
| Insurance | $0 |
| All other expenses | $9,712 |
| Total functional expenses | $3,442,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,915,742 |
| Savings and temporary cash investments | $95,256 |
| Pledges and grants receivable | $30,500 |
| Accounts receivable, net | $10,000 |
| 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 | $12,510 |
| Net Land, buildings, and equipment | $13,122 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,077,130 |
| Accounts payable and accrued expenses | $87,990 |
| Grants payable | $0 |
| Deferred revenue | $12,417 |
| 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 | $100,407 |
| Net assets without donor restrictions | $612,069 |
| Net assets with donor restrictions | $1,364,654 |
| 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 | $2,077,130 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Compassionate Hope Foundation has recieved totaling $626,475.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $362,997 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA PURPOSE: CHURCH BUILDING | $79,000 |
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $40,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $37,175 |
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $29,083 |
Adair Family Foundation Dallas, TX PURPOSE: FUNDING WHERE MOST NEEDED | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blumont International Inc Arlington, VA | $12,865,572 | $19,569,982 |
Global Outreach International Inc Tupelo, MS | $17,084,883 | $17,437,149 |
Gleaning For The World Inc Concord, VA | $12,160,365 | $11,390,037 |
Coptic Orphans Support Association Merrifield, VA | $53,399,454 | $18,274,988 |
Kids Alive International Inc Alpharetta, GA | $13,632,036 | $14,142,637 |
Nascent Solutions Inc Alexandria, VA | $4,533,019 | $10,643,568 |
Amigos For Christ Buford, GA | $4,217,846 | $8,607,219 |
Penny Appeal Usa Inc Alexandria, VA | $5,095,057 | $8,905,052 |
Mission Enablers International Bentonville, AR | $795,841 | $7,887,827 |
Samaritans Feet International Charlotte, NC | $19,362,497 | $7,555,032 |
Meds & Food For Kids St Louis, MO | $9,342,329 | $4,463,955 |
St Luke Foundation For Haiti Dumfries, VA | $1,366,541 | $7,126,757 |