Family Hope International
- Assets
- $147.3k
- Revenue
- $439.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Bonney Lake, WA
- Founding
- 01/2016
- Data as of
- 06/2021
- EIN
- 47-4309324
Organization Overview
Family Hope International is located in Bonney Lake, WA. The organization was established in 2016. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Hope International 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 06/2021, Family Hope International generated $439.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $430.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. 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
FAMILY HOPE INTERNATIONAL WORKS TO PREVENT CHILDREN FROM BECOMING ORPHANS BY STABILIZING VULNERABLE FAMILIES IN ETHIOPIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY PRESERVATION PROGRAM - OUR CORE PROGRAM PREVENTS ORPHANS BY EMBRACING, EQUIPPING AND EMPOWERING SOCIALLY AND ECONOMICALLY VULNERABLE FAMILIES. VULNERABLE FAMILIES ARE VISITED BY LOCAL CASE MANAGERS TO ASSESS NEEDS. THE NEXT STAGE IS TO EQUIP FAMILIES TO MEET THEIR BASIC PHYSICAL NEEDS THROUGH FINANCIAL SPONSORSHIP. THIS MONTHLY ALLOCATION OF SUPPORT INCLUDES FOOD STAPLES, CLEAN WATER, MEDICAL CARE, HOUSEHOLD ITEMS AND SCHOOL FEES/SUPPLIES FOR SCHOOL-AGE CHILDREN. ONCE THE FAMILY IS STABLE, THEY ARE EMPOWERED TO BECOME FINANCIALLY SELF-SUSTAINING. BUSINESS MANAGERS MENTOR THE MOTHERS/FATHERS TO DEVELOP A BUSINESS PLAN TO LAUNCH A SMALL BUSINESS ENTERPRISE IN THEIR COMMUNITIES. ONCE THE BUSINESS PLAN IS APPROVED, WE PROVIDE THE FUNDING NECESSARY TO LAUNCH THE INCOME GENERATING ACTIVITY OR IGA. THE IGA LOAN IS REPAID MONTHLY BY THE FAMILY OVER A PERIOD OF 24 MONTHS, AT WHICH TIME THE FAMILY GRADUATES FROM THE FAMILY PRESERVATION PROGRAM, SUCCESSFULLY ABLE TO MEET THEIR FAMILYS NEEDS INDEPENDENTLY. OUR FAMILY PRESERVATION PROGRAM SUCCESSFULLY SERVED 378 FAMILIES THAT INCLUDED 1,453 TOTAL INDIVIDUALS DURING THIS REPORTING PERIOD. THE PROGRAM IS DEVELOPED IN 6 GEOGRAPHIC AREAS IN ETHIOPIA: BOLE BULBULA AND MESERET KRISTOS PROJECT AREAS NEAR THE CAPITAL CITY OF ADDIS ABABA; SHASHEMENE AND GUTUMUMA PROJECT AREAS IN THE SOUTHERN REGION; AND THE DEMBIDOLLO PROJECT AREA IN THE WESTERN REGION. IN FEBRUARY 2021 THE PROGRAM WAS EXPANDED TO INCLUDE THE HANICHA PROJECT AREA EVEN FURTHER SOUTH. THESE REGIONS WERE SELECTED DUE TO THE CONCENTRATION OF EXTREME POVERTY AS WELL AS ACCESS TO MARKETS FOR SMALL BUSINESS STARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Butler President | OfficerTrustee | 6 | $0 |
Kelsey Wilkening Vice President | OfficerTrustee | 2 | $0 |
Ethan Bauer Treas./sec. | OfficerTrustee | 4 | $0 |
Larry Hurt Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $439,817 |
| 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 | $439,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $310,120 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,106 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,299 |
| Office expenses | $3,842 |
| Information technology | $3,593 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,064 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,022 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,526 |
| All other expenses | $0 |
| Total functional expenses | $430,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,378 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $1,952 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $147,330 |
| Accounts payable and accrued expenses | $35,073 |
| 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 | $35,073 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $112,257 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Family Hope International has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
United Way Worldwide Alexandria, VA PURPOSE: GENERAL CHARITABLE OPERATIONS | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Luke Commission Inc Sagle, ID | $15,926,571 | $20,745,366 |
Making A Difference Foundation Seattle, WA | $5,648,581 | $9,801,406 |
Washington State University Global Health Pullman, WA | $474,066 | $7,124,881 |
Worldreader Org Seattle, WA | $11,912,107 | $9,017,027 |
All Gods Children International Vancouver, WA | $4,347,832 | $7,534,520 |
International Childrens Care Inc Vancouver, WA | $2,390,869 | $3,895,114 |
Days For Girls International Mount Vernon, WA | $1,621,886 | $3,676,158 |
Childcare Worldwide Lynden, WA | $2,694,359 | $2,926,893 |
India Partners Eugene, OR | $2,001,509 | $3,503,989 |
Glenorchy Marketplace Foundation Bellevue, WA | $35,571,268 | $3,025,099 |
African Entrepreneurship Collective Clinton, WA | $11,434,782 | $6,049,617 |
Alliance For Children Everywhere Seattle, WA | $495,240 | $1,071,349 |