Hope Haven Charitable Trust
- Assets
- $15.8m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Sedalia, CO
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 45-3066179
Organization Overview
Hope Haven Charitable Trust is located in Sedalia, CO. 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 12/2023, Hope Haven Charitable Trust employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Haven Charitable Trust 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 12/2023, Hope Haven Charitable Trust generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 32.1% each year . All expenses for the organization totaled $4.1m during the year ending 12/2023. While expenses have increased by 23.5% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE PROVIDING EDUCATION IN A POOR AREA IN RWANDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURRENTLY OPERATING A SCHOOL AND PERMACULTURE PROGRAM FOR THE PEOPLE OF MURINDI, RWANDA. THE SCHOOL STARTED AS A PREPRIMARY SCHOOL (FOR STUDENTS FROM 3 TO 6 YEARS OLD) IN 2012, AND HAS EXPANDED TO SERVE PREPRIMARY THROUGH 11TH GRADE. ALL GRANT DOLLARS GO DIRECTLY TO THE HOPE HAVEN SCHOOL IN RWANDA WHICH IS WHOLLY-OWNED BY HOPE HAVEN CHARITABLE TRUST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 3 | $0 |
Name Not Listed Founder And President | OfficerTrustee | 50 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,715,060 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,598,984 |
| Noncash contributions included in lines 1a–1f | $183,047 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,314,044 |
| Total Program Service Revenue | $0 |
| Investment income | $37,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,475 |
| Net Income from Fundraising Events | -$61,547 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,314,847 |
| 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 | $3,267,414 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,343 |
| Compensation of current officers, directors, key employees. | $37,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $222,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,337 |
| Payroll taxes | $25,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $540 |
| Fees for services: Accounting | $48,913 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $78,032 |
| Advertising and promotion | $32,279 |
| Office expenses | $64,787 |
| Information technology | $31,851 |
| Royalties | $0 |
| Occupancy | $2,148 |
| Travel | $143,565 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $169 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,131 |
| Insurance | $11,688 |
| All other expenses | $0 |
| Total functional expenses | $4,061,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $805,832 |
| Pledges and grants receivable | $132,789 |
| 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 | $29,910 |
| Net Land, buildings, and equipment | $2,268 |
| Investments—publicly traded securities | $3,105,903 |
| Investments—other securities | $0 |
| Investments—program-related | $11,715,765 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,792,467 |
| Accounts payable and accrued expenses | $99,879 |
| 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 | $99,879 |
| Net assets without donor restrictions | $14,959,941 |
| Net assets with donor restrictions | $732,647 |
| 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 | $15,792,467 |