Asian Hope

Organization Overview

Asian Hope is located in Forest, VA. The organization was established in 2001. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 07/2021, Asian Hope employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Hope 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 07/2021, Asian Hope generated $4.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $4.7m during the year ending 07/2021. While expenses have increased by 7.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BY ALTERING THE FUTURE OF VULNERABLE CHILDREN IN CAMBODIA THROUGH LIFE CHANGING PROGRAMS OF CHRISTIAN EDUCATION AND COMMUNITY DEVELOPMENT, ASIAN HOPE IS CREATING A GENERATION OF COMPASSIONATE, EQUIPPED, CHRISTIAN LEADERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VILLAGE DEVELOPMENT PROGRAM & OUTREACH - EDUCATIONAL OPPORTUNITIES AND LIFE ESSENTIALS ARE PROVIDED TO IMPOVERISHED CHILDREN IN FOUR CAMBODIAN COMMUNITIES.ASIAN HOPE SCHOOLS - TWO PRIVATE INTERNATIONAL CHRISTIAN SCHOOLS ARE OPERATED IN PHNOM PENH, CAMBODIA. THESE SCHOOLS SERVE A WIDE VARIETY OF CHILDREN AND THE CURRICULUM IS DESIGNED TO EQUIP STUDENTS TO BE SPIRITUALLY MATURE, ACADEMICALLY SOUND, AND SOCIALLY RESPONSIBLE.HIGHER EDUCATION AND LEADERSHIP PREPARATION (HELP) - THE HELP PROGRAM IS DEDICATED TO SEEING A NEW GENERATION OF HIGHLY EDUCATED CHRISTIANS TAKING THEIR PLACE IN CAMBODIAN SOCIETY AND WORKPLACES. THIS IS ACCOMPLISHED THROUGH POST-SECONDARY EDUCATION OPPORTUNITIES AND A TEACHER TRAINING PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
David A Dolan
Secretary
$0
Mike Burch
Treasurer
$0
J Rick Casey
Chairman
$0
Paul Tesi
President & CEO
$0
Claire Crowe
Board Member
$0
Scott Wolf
Board Member
$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$551,532
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$551,532
Total Program Service Revenue$4,355,372
Investment income $4,706
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 $4,911,610

Grants Awarded

Over the last fiscal year, Asian Hope has awarded $48,494 in support to 2 organizations.

Grant RecipientAmount

New York, NY

PURPOSE: EDUCATION

$24,628

THE MASTERS UNIVERSITY

Org PageRecipient Profile

Santa Clarita, CA

PURPOSE: EDUCATION

$23,866
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Asian Hope has recieved totaling $100,000.

Awarding OrganizationAmount
One Accord Charity Foundation

Renton, WA

PURPOSE: CHARITY SUPPORT

$100,000
View Grant Recipient Profile

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