Hope For The Fatherless
- Assets
- $196.9k
- Revenue
- $374.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Castle Pines, CO
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-3819644
Organization Overview
Hope For The Fatherless is located in Castle Pines, CO. The organization was established in 2018. 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. Hope For The Fatherless 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 12/2022, Hope For The Fatherless generated $374.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $309.2k during the year ending 12/2022. While expenses have increased by 23.7% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOPE FOR THE FATHERLESS (HFTF) IS PARTNERING WITH COMMUNITIES IN ETHIOPIA & AROUND THE WORLD TO DEVELOP A CULTURE THAT VALUES & CARES FOR ORPHANED & VULNERABLE CHILDREN. THE MISSION OF HOPE FOR THE FATHERLESS (HFTF) IS TO SEE CHILDREN THRIVING IN FAMILIES INSTEAD OF BEING CARED FOR IN INSTITUTIONS. HFTF ACCOMPLISHES THIS IN THREE PRIMARY WAYS: (1) SMALL GROUP HOMES: SERVES AROUND TEN CHILDREN & PROVIDES A SAFE, LOVING, PEACEFUL ENVIRONMENT WHERE CHILDREN CAN FLOURISH. (2) DOMESTIC ADOPTION: SINCE 2018, HFTF HAS SUCCESSFULLY FACILITATED THE ADOPTION OF EIGHTEEN CHILDREN AND HELPED NEARLY FIFTY FAMILIES BEGIN THEIR ADOPTION JOURNEY. HFTF IS WORKING TO BEGIN OUR OWN FOSTER TO ADOPT PROGRAM & WE(2) DOMESTIC ADOPTION: HFTF IS WORKING TO BEGIN OUR OWN FOSTER TO ADOPT PROGRAM & WE CONTINUE TO BE INVOLVED IN TRAINING & EQUIPPING POTENTIAL ADOPTIVE FAMILIES (3) SPONSORSHIP: HFTF ALSO SUPPORTS EIGHTEEN VULNERABLE CHILDREN THROUGH SPONSORSHIP TO ENABLE THEM TO REMAIN IN THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE FOR THE FATHERLESS (HFTF) IS PARTNERING WITH COMMUNITIES IN ETHIOPIA & AROUND THE WORLD TO DEVELOP A CULTURE THAT VALUES & CARES FOR ORPHANED & VULNERABLE CHILDREN. THE MISSION OF HOPE FOR THE FATHERLESS (HFTF) IS TO SEE CHILDREN THRIVING IN FAMILIES INSTEAD OF BEING CARED FOR IN INSTITUTIONS. HFTF ACCOMPLISHES THIS IN THREE PRIMARY WAYS: (1) SMALL GROUP HOMES: CURRENTLY, HFTF OPERATES THREE CHILDREN'S HOMES (HOPE HOUSE, FAITH HOUSE & GRACE HOUSE). EACH HOME SERVES AROUND TEN CHILDREN & PROVIDES A SAFE, LOVING, PEACEFUL ENVIRONMENT WHERE CHILDREN CAN FLOURISH. ADDITIONALLY, THESE CHILDREN ARE PROVIDED HIGH-QUALITY EDUCATIONAL & LIFE SKILLS TRAINING OPPORTUNITIES. LIVING IN A SMALLER, FAMILY-LIKE HOME BRINGS ABOUT INCREDIBLE GROWTH AND HEALING. (2) DOMESTIC ADOPTION: SINCE 2018, HFTF HAS SUCCESSFULLY FACILITATED THE ADOPTION OF EIGHTEEN CHILDREN AND HELPED NEARLY FIFTY FAMILIES BEGIN THEIR ADOPTION JOURNEY. HFTF IS WORKING TO BEGIN OUR OWN FOSTER TO ADOPT PROGRAM & WE CONTINUE TO BE INVOLVED IN TRAINING & EQUIPPING POTENTIAL ADOPTIVE FAMILIES & PROVIDING FOLLOW-UP SUPPORT. (3) SPONSORSHIP: HFTF ALSO SUPPORTS EIGHTEEN VULNERABLE CHILDREN THROUGH SPONSORSHIP TO ENABLE THEM TO REMAIN IN THEIR FAMILIES. THROUGH THE PROGRAM HFTF AIMS TO COVER ALL EDUCATION EXPENSES (UNIFORMS, SUPPLIES, TUTORS) & TUITION IN SOME CASES, AS WELL AS PROVIDE CHILDREN ACCESS TO A HIGH-QUALITY EDUCATION, TUTORING, COUNSELING, SPIRITUAL PROGRAMS & MORE THROUGH HFTF'S LIFE TRAINING CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Parker Dragovich Chair/secretary | OfficerTrustee | 3 | $0 |
Belay Tekah Gebru Director | OfficerTrustee | 30 | $0 |
Ila Mccarty Treasurer | Trustee | 3 | $0 |
Jeff Dillon Vice Chair | Trustee | 3 | $0 |
Moya Hall Member | Trustee | 3 | $0 |
Albert Wright Member | Trustee | 3 | $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 | $374,279 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $374,279 |
| Total Program Service Revenue | $0 |
| Investment income | $36 |
| 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 | $374,315 |
| 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 | $246,477 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $40,062 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $608 |
| Office expenses | $1,641 |
| Information technology | $1,071 |
| Royalties | $0 |
| Occupancy | $650 |
| Travel | $7,671 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,055 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $309,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,865 |
| 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 | $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 | $196,865 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $196,865 |
| 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 | $196,865 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope For The Fatherless has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Vf Foundation Hermitage, TN PURPOSE: TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orphan Grain Train Inc Norfolk, NE | $23,468,365 | $39,686,320 |
Srd Foundation Overland Park, KS | $2,172,810 | $21,260,144 |
Bethesda Ministries Colorado Springs, CO | $4,747,799 | $19,748,922 |
Mercy Without Limits Inc Overland Park, KS | $12,804,274 | $19,965,180 |
Humanitarian Experience Inc Salt Lake City, UT | $1,258,081 | $14,822,616 |
Lifting Hands International Salt Lake City, UT | $502,685 | $8,241,355 |
Childrens Hopechest Inc Palmer Lake, CO | $1,198,325 | $5,781,383 |
Opportunity Education Foundation Aurora, CO | $3,852,642 | $9,119,900 |
Educate Denver, CO | $12,591,345 | $6,072,389 |
Free The Oppressed Colorado Springs, CO | $6,590,953 | $9,061,725 |
Love Justice International Lincoln, NE | $1,486,894 | $4,623,371 |
Love In Action Colorado Springs, CO | $123,482,303 | $32,008,733 |