Asias Hope
- Assets
- $3.4m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Columbus, OH
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 34-1971847
Organization Overview
Asias Hope is located in Columbus, OH. The organization was established in 2002. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Asias Hope employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asias Hope 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, Asias Hope generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 5.2% 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
ASIA'S HOPE IS A MULTI-DENOMINATIONAL, GRASSROOTS MOVEMENT DEDICATED TO PROVIDING QUALITY LONG-TERM CARE FOR ORPHANED CHILDREN AT HIGH RISK OF SEXUAL AND ECONOMIC EXPLOITATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORPHANAGE FUNDS: FUNDS COLLECTED FROM DONORS FOR THE ORPHANAGE FUNDS ARE USED TO PROVIDE OPERATIONAL CASH FOR ORPHANAGES IN CAMBODIA, INDIA AND THAILAND.
TRIP FUND: DONORS PROVIDE FUNDS FOR VOLUNTEERS FROM THE U.S. TO TRAVEL OVERSEAS TO HELP EDUCATE AND CARE FOR ORPHANS IN THE VARIOUS CAMBODIA AND THAILAND ORPHANAGES.
CHRISTIAN SCHOOL FUND: DONORS PROVIDE FUNDING TO SUPPORT THE OPERATIONS OF CHRISTIAN SCHOOLS IN CAMBODIA, INDIA AND THAILAND. THESE SCHOOLS HELP SPREAD CHRISTIANITY TO THE ORPHANS.
SPECIAL PROJECTS: DONORS PROVIDE FUNDS FOR VARIOUS ITEMS THAT ARE IN ADDITION TO NORMAL OPERATIONS. ALSO INCLUDES CAPITAL CAMPAIGN, VISION EXPENSES AND OPPORUTITY FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mccollum Executive Di | Trustee | 40 | $105,060 |
Ron Biddle Trustee | Trustee | 2 | $0 |
Adam Heath Trustee | Trustee | 2 | $0 |
Sherrod Fields Trustee | Trustee | 2 | $0 |
Rachel Cobb Trustee | Trustee | 2 | $0 |
Glen Kelly Trustee | Trustee | 2 | $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 | $3,149,508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,149,508 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $3,149,980 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $105,060 |
| Compensation of current officers, directors, key employees. | $52,530 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $197,611 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,197 |
| Payroll taxes | $26,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,400 |
| Fees for services: Accounting | $900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,363 |
| Office expenses | $83,859 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,206 |
| Travel | $10,284 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,171 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,109 |
| Insurance | $1,686 |
| All other expenses | $0 |
| Total functional expenses | $2,746,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $705,907 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,722,879 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,429,786 |
| Accounts payable and accrued expenses | $5,423 |
| 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 | $158,976 |
| Other liabilities | $56,037 |
| Total liabilities | $220,436 |
| Net assets without donor restrictions | $2,973,427 |
| Net assets with donor restrictions | $235,923 |
| 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 | $3,429,786 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Asias Hope has recieved totaling $677,690.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $544,600 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $80,800 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $33,140 |
Charleys Kids Foundation Columbus, OH PURPOSE: ORPHAN CARE | $11,908 |
Van Voorhis Family Foundation Ponte Vedra Beach, FL PURPOSE: CHARITABLE DONATION | $5,000 |
Roy G Michell Charitable Foundation Tr Bloomfield Hills, MI PURPOSE: UNRESTRICTED | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ecumenical Enterprises Inc Dallas, PA | $29,362,494 | $14,819,334 |
Rocket Giving Fund Detroit, MI | $2,590,205 | $13,264,068 |
The Foundation For Enhancing Communities Harrisburg, PA | $107,592,484 | $47,434,480 |
Shear Family Foundation Inc Pittsburgh, PA | $193,925,105 | $4,615,784 |
Veterans Of Foreign Wars Of Ohio Charities Columbus, OH | $6,551,466 | $8,213,931 |
Rite Aid Healthy Futures Camp Hill, PA | $33,191,715 | $15,687,011 |
Alleghenies United Cerebral Palsy Johnstown, PA | $2,752,154 | $5,551,260 |
1889 Foundation Inc Johnstown, PA | $14,509,819 | $2,616,006 |
Christian Family Services Management Corporation New Wilmington, PA | $80,504,309 | $10,725,509 |
Methodist Home For Children Resources Philadelphia, PA | $3,677,128 | $2,957,972 |
Asias Hope Columbus, OH | $3,429,786 | $3,149,980 |
The Michigan Womens Foundation Detroit, MI | $9,039,514 | $2,557,642 |