Common Hope Inc
- Assets
- $9.0m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 17
- Location
- Saint Paul, MN
- Founding
- 10/1987
- Data as of
- 12/2021
- EIN
- 41-1560297
Organization Overview
Common Hope Inc is located in Saint Paul, MN. The organization was established in 1987. 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, Common Hope Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Common Hope Inc 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, Common Hope Inc generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $4.1m 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
PROVIDING EDUCATION, HEALTH CARE, AND HOUSING TO CHILDREN AND FAMILIES IN GUATEMALA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: COMMON HOPE HELPED PROVIDE PRE-PRIMARY, PRIMARY, SECONDARY, AND UNIVERSITY EDUCATION FOR 3,120 STUDENTS IN 2021, SUPPORTING TUITION AND FEES, BOOKS AND SUPPLIES, SHOES AND UNIFORMS. WE CELEBRATED 197 YOUNG MEN AND WOMEN WHO EARNED THEIR HIGH SCHOOL DIPLOMA, MOST OF THEM FIRST GENERATION GRADUATES. NEARLY 2,800 STUDENTS HAVE NOW GRADUATED FROM HIGH SCHOOL THROUGH COMMON HOPE! DUE TO THE PANDEMIC, DISTANCE LEARNING SERVICES WERE CREATED TO BENEFIT ALL STUDENTS, AND INCLUDED CONNECTIVITY FOR NEARLY 2,000 STUDENTS, INDIVIDUAL HOMEWORK/TUTORING SUPPORT FOR 1,500+ STUDENTS, AND GROUP HOMEWORK/TUTORING SUPPORT FOR 1,140 STUDENTS. SUPPLEMENTAL EDUCATIONAL KITS WERE PROVIDED MID-SCHOOL YEAR FOR 1,088 FAMILIES.
FAMILY AND COMMUNITY DEVELOPMENT: COMMON HOPE PARTNERED WITH 1,767 FAMILIES TO PROVIDE RESOURCES AND TOOLS TO IMPROVE THEIR LIVES IN GUATEMALA. THROUGH A LONG-TERM RELATIONSHIP WITH A COMMON HOPE SOCIAL WORKER, FAMILIES IDENTIFIED GOALS, OBSTACLES AND CREATED THEIR OWN FAMILY DEVELOPMENT PLAN. IN PERSON VISITS RESUMED IN 2021, AND TELE-SUPPORT SERVICES CONTINUED AS WELL. FOOD SECURITY, HEALTH & SAFETY, AND EMOTIONAL SUPPORT SERVICES WERE PROVIDED AS A DIRECT RESULT OF IDENTIFIED NEEDS. 4,963 HEALTH, HYGIENE, AND FOOD RELIEF KITS WERE PROVIDED TO FAMILIES; 840 EMERGENCY RELIEF FOOD BASKETS WERE PROVIDED FOR THOSE WITH GREATEST FOOD INSECURITY.
HEALTH CARE: COMMON HOPE'S MEDICAL STAFF CONDUCTED A TOTAL OF 10,294 CONSULTATIONS WITH PATIENTS AT OUR CLINICS AND THROUGH TELE-HEALTH SERVICES IN 2021. HEALTH CARE SERVICES INCLUDED EXAMINATIONS, LAB TESTS, X-RAYS, MEDICATIONS, SURGERIES, MENTAL HEALTH SERVICES AND DENTAL CARE. CLINIC STAFF PROVIDED TREATMENT AND EDUCATION FOR 1,904 PATIENTS WITH CHRONIC HEALTH ISSUES, INCLUDING DIABETES AND HYPERTENSION, ENSURING DURING THE PANDEMIC THAT LABS AND MEDICINES WERE DELIVERED DIRECTLY. WE PARTNER WITH OTHER ORGANIZATIONS TO PROVIDE HEALTH AND DENTAL CARE AT OUR SAN RAFAEL EL ARADO, SAN MIGUEL MILPAS ALTAS, AND NEW HOPE SITES. IN ADDITION TO OUR TRADITIONAL HEALTH SERVICES, COMMON HOPE'S MEDICAL STAFF CREATED AND MANAGED ALL COVID-RELATED PROTOCOLS FOR STAFF AND FAMILIES, INCLUDING EDUCATION, STAFF/FAMILY INTERACTIONS, AND SITE OPERATIONS.
HOUSING: COMMON HOPE PARTNERED WITH FAMILIES PRIOR TO THE PANDEMIC TO BUILD 22 HOUSES THAT ARE CLEAN, DRY, AND SAFE, 2 OF WHICH WERE BLOCK HOMES. COMMON HOPE ALSO IMPROVED AND OPERATED THE INFRASTRUCTURE FOR NEW HOPE VILLAGE INCLUDING RUNNING WATER, ELECTRICITY, AND SEWER, TO HELP FAMILIES WHO HAVE RELOCATED FROM MARGINAL HOUSING IN GUATEMALA CITY. AGAIN IN 2021, OUR HOUSING TEAM MANAGED THE PROCUREMENT, PACKAGING AND DELIVERY OF OUR COVID RELIEF KITS FOR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Minnick Director Of Strategic Relations And Development | 40 | $112,068 | |
Shari Blindt Executive Director | Officer | 40 | $109,248 |
Doug Rosenberg Chief Financial Officer | Officer | 40 | $103,023 |
Joe Hammell Secretary | OfficerTrustee | 0.5 | $0 |
Frances Mccloskey Treasurer | OfficerTrustee | 0.5 | $0 |
Mark Ruff Board Chair | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $239,298 |
| Related organizations | $0 |
| Government grants | $156,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,073,896 |
| Noncash contributions included in lines 1a–1f | $64,697 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,469,594 |
| Total Program Service Revenue | $18,111 |
| Investment income | $362,651 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,180 |
| Net Income from Fundraising Events | $180,323 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,078,357 |
| 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 | $917,564 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $262,679 |
| Compensation of current officers, directors, key employees. | $21,839 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,401,030 |
| Pension plan accruals and contributions | $26,290 |
| Other employee benefits | $423,871 |
| Payroll taxes | $66,378 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $121 |
| Fees for services: Accounting | $64,786 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,102 |
| Fees for services: Other | $156,747 |
| Advertising and promotion | $0 |
| Office expenses | $198,193 |
| Information technology | $156,582 |
| Royalties | $0 |
| Occupancy | $180,405 |
| Travel | $28,277 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,666 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $182,861 |
| Insurance | $28,980 |
| All other expenses | $0 |
| Total functional expenses | $4,146,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,181 |
| Savings and temporary cash investments | $2,714,618 |
| Pledges and grants receivable | $46,534 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $739 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $48,214 |
| Net Land, buildings, and equipment | $2,761,119 |
| Investments—publicly traded securities | $3,368,339 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,047 |
| Total assets | $9,018,791 |
| Accounts payable and accrued expenses | $142,103 |
| Grants payable | $0 |
| Deferred revenue | $116,628 |
| 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 | $760,397 |
| Total liabilities | $1,019,128 |
| Net assets without donor restrictions | $7,999,663 |
| Net assets with donor restrictions | $0 |
| 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 | $9,018,791 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Common Hope Inc has recieved totaling $12,830.
| Awarding Organization | Amount |
|---|---|
The Page Foundation Wilmington, DE PURPOSE: CHARITABLE EVENT | $12,830 |
Endowment Analysis
| Beg. Balance | $657,339 |
| Earnings | $31,533 |
| Other Expense | $96,623 |
| Ending Balance | $592,249 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Health Ministries Minneapolis, MN | $6,370,809 | $5,877,190 |
Common Hope Inc Saint Paul, MN | $9,018,791 | $5,078,357 |
New Vision Foundation St Paul, MN | $1,210,057 | $3,502,088 |
Outreach Inc Union, IA | $5,436,657 | $3,524,242 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Healing Haiti Scandia, MN | $4,534,064 | $2,435,837 |
Wellshare International Minneapolis, MN | $940,048 | $2,573,220 |
Global Volunteers St Paul, MN | $705,356 | $1,579,657 |
Friends Of Chimbote Fargo, ND | $1,065,723 | $1,925,086 |
Water For Life Kalona, IA | $4,945,451 | $1,516,514 |
Bountifield International Minneapolis, MN | $1,164,440 | $1,328,807 |
Operation Bootstrap-Africa Minneapolis, MN | $1,772,257 | $1,519,929 |