Creating Hope International
- Assets
- $4.2m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Dearborn, MI
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 38-3288402
Organization Overview
Creating Hope International, operating under the name Sakena Fund, is located in Dearborn, MI. The organization was established in 1996. 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, Sakena Fund employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sakena Fund 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, Sakena Fund generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. 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
TO EXPAND EDUCATIONAL, HEALTH AND TRAINING OPPORTUNITIES FOR THOSE IN NEED THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL GRANT AND TECHNICAL ASSISTANCE IN THE FORM OF TEACHER TRAINING, ADMINISTRATIVE TRAINING AND TECHNICAL ASSISTANCE ON PROPOSALS, REPORTS, AND FINANCIAL DATA TO THE AFGHAN INSTITUTE OF LEARNING. APPROXIMATELY 400,000 PEOPLE DIRECTLY BENEFIT FROM THIS PROGRAM ANNUALLY AND 800,000 BENEFIT INDIRECTLY.
SPEAKING ENGAGEMENTS REGARDING THE NEED FOR EDUCATION, HEALTH AND TRAINING OF WOMEN IN THE THIRD WORLD AND IN AFGHANISTAN AND THE IMPACT OF THE COMMUNITY-BASED APPROACH USED BY THE AFGHAN INSTITUTE OF LEARNING. APPROXIMATELY 2 MILLION PEOPLE BENEFITED FROM THIS PROGRAM IN 2018.
AFGHAN HEALTH AND EDUCATION PROGRAM. IT PROVIDES SUPPORT FOR QUALITY HEALTH, EDUCATION AND TRAINING PROGRAMS IN AFGHANISTAN, INCLUDING SUPPORT FOR A RADIO STATION. APPROXIMATELY 2 MILLION PEOPLE BENEFITED FROM THIS PROGRAM.
TIBETAN PROJECT- IT PROVIDES GRANT AND TECHNICAL ASSISTANCE TO TIBETAN REFUGEES. APPROXIMATELY 1,000 PEOPLE BENEFIT FROM THIS PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sakena Yacoobi Pres And Tre | Officer | 40 | $120,000 |
Behzad Boroumand Treasurer | Officer | $0 | |
Liela Yacoobi Secretary | Officer | $0 | |
Dr Parvin Boroumand Director | Trustee | $0 | |
Daniel Appleyard Director | Trustee | $0 | |
Jon Freeman Director | 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 | $2,654,478 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,654,478 |
| Total Program Service Revenue | $0 |
| Investment income | $2,110 |
| 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 | $2,656,588 |
| 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 | $956,751 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,118 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,680 |
| Payroll taxes | $15,050 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $19,970 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,500 |
| Travel | $860 |
| 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 | $0 |
| Insurance | $1,698 |
| All other expenses | $318 |
| Total functional expenses | $1,218,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,861,025 |
| Savings and temporary cash investments | $1,330,045 |
| Pledges and grants receivable | $0 |
| 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 | $1,000 |
| 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 | $4,192,070 |
| Accounts payable and accrued expenses | $0 |
| 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 | $383,323 |
| Total liabilities | $383,323 |
| Net assets without donor restrictions | $1,646,907 |
| Net assets with donor restrictions | $2,161,840 |
| 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 | $4,192,070 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Creating Hope International has recieved totaling $904,272.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $326,000 |
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $285,938 |
The Skoll Fund Mountain View, CA PURPOSE: AFGHAN INSTITUTE OF LEARNING | $125,000 |
Cordes Foundation Bethesda, MD PURPOSE: GENERAL SUPPORT | $50,000 |
216 Fund New York, NY PURPOSE: EDUCATION | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $33,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christel House International Inc Indianapolis, IN | $93,680,993 | $18,546,381 |
Palestine Childrens Relief Fund Kent, OH | $38,017,792 | $21,671,085 |
Adventist Frontier Missions Inc Berrien Springs, MI | $13,681,877 | $9,406,971 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Afrika Tikkun Usa Inc Columbus, OH | $5,127,068 | $10,291,044 |
Central American Medical Outreach Inc Orrville, OH | $1,259,322 | $3,903,731 |
International Samaritan Ann Arbor, MI | $25,596,341 | $2,530,295 |
Community Systems Foundation Ann Arbor, MI | $1,779,833 | $2,966,882 |
Building Tomorrow Inc Indianapolis, IN | $2,584,263 | $2,537,452 |
Jerusalem University College Xenia, OH | $2,954,616 | $2,920,307 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Solid Rock Missions Indianapolis, IN | $1,605,235 | $2,056,818 |