New Hope International Ministries
- Assets
- $21.0m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 16
- Location
- Honolulu, HI
- Founding
- 10/2001
- Data as of
- 12/2019
- EIN
- 99-0348925
Organization Overview
New Hope International Ministries is located in Honolulu, HI. The organization was established in 2001. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2020, New Hope International Ministries employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope International Ministries 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 12/2019, New Hope International Ministries generated $3.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $982.7k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FOSTER CHRISTIANITY THROUGHOUT THE PACIFIC RIM, HAWAII, AND ELSEWHERE.
Describe the Organization's Program Activity:
CHURCH GROWTH - THE MINISTRY PROVIDES A SPIRITUAL COVERING FOR CHURCHES AND PROVIDES MINISTERIAL AND ORDINATION LICENSING. THE MINISTRY'S GOAL IS TO HELP STRENGTHEN EXISTING CHURCHES, AND PLANT NEW ONES, BY PROVIDING TRAINING AND INDIVIDUAL COUNSELING FOR CHURCH LEADERS, AND BY PROVIDING RESOURCES FOR CHRISTIAN GROWTH AND LEADERSHIP. CURRENTLY THE MINISTRY SERVICES HAWAII, THE MAINLAND UNITED STATES, AND INTERNATIONAL CHURCHES.
CHURCH FACILITIES. THE MINISTRY PROVIDES FACILITIES FOR MISSION OUTREACH, EVANGELISM, AND SIMILAR RELATED ACTIVITIES.
OTHER PROGRAM. THROUGH CONFERENCES, THE MINISTRY TEACHES CHURCHES WAYS TO INVOLVE EACH AND EVERY INDIVIDUAL CHRISTIAN IN WORKING WITH ONE ANOTHER IN TEAMS. EACH TEAM WORKS TOWARDS A CLEARLY DEFINED GOAL. THIS RESULTS IN EFFECTIVE MINISTRIES THAT INSPIRE AND RE-IGNITE ENTHUSIASM ABOUT WHAT GOD IS DOING AND HELPS EVERY BELIEVER TO FIND HIS OR HER UNIQUE PLACE OF FRUITFUL SERVICE IN THE CHURCH. OTHER PROGRAMS ALSO INCLUDE A LEADERSHIP PRACTICUM, WHICH IS A FIVE-DAY PERSONAL SHADOWING PROGRAM DESIGNED TO EQUIP PASTORS AND HIGH CAPACITY LEADERS TO EXCEL IN LEADERSHIP AROUND THE WORLD. IN ADDITION, THE LEADERSHIP PRACTICUM HELPS CHURCH LEADERS RECOGNIZE AND ACKNOWLEDGE THEIR LIMITS, AND THEIR NEED FOR OTHERS, AS THE DEMANDS OF WORK IN THE MINISTRY DRAMATICALLY INCREASE. CHURCH LEADERS GAIN NEW UNDERSTANDINGS AND RENEWAL OF PASSION FOR THE MINISTRY. OTHER PROGRAMS ALSO INCLUDE BROADCASTING THE GOSPEL THROUGH RADIO AND TELEVISION TO PROMOTE AND FOSTER CHRISTIANITY THROUGHOUT THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Cordeiro President | OfficerTrustee | 20 | $150,000 |
John Tilton Secretary/tr | OfficerTrustee | 10 | $10,000 |
Scott Alldridge Vp/chairman | OfficerTrustee | 10 | $0 |
Duane Daggett Vp/vice Chai | OfficerTrustee | 10 | $0 |
Cindy Goo Accounting M | Trustee | 5 | $0 |
Philip MA Director | Trustee | 2 | $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 | $2,673,477 |
| Noncash contributions included in lines 1a–1f | $3,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,673,477 |
| Total Program Service Revenue | $732,170 |
| Investment income | $48,422 |
| 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 | $3,043,061 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $72,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,000 |
| Compensation of current officers, directors, key employees. | $25,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,037 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,301 |
| Payroll taxes | $14,394 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,165 |
| Fees for services: Accounting | $2,173 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $472 |
| Advertising and promotion | $0 |
| Office expenses | $5,444 |
| Information technology | $390 |
| Royalties | $0 |
| Occupancy | $3,058 |
| Travel | $4,994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $228 |
| Interest | $245,172 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $339,103 |
| Insurance | $47,097 |
| All other expenses | $0 |
| Total functional expenses | $982,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,715,812 |
| 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 | $132,548 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,819 |
| Net Land, buildings, and equipment | $14,071,517 |
| Investments—publicly traded securities | $71,037 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,365 |
| Total assets | $21,033,098 |
| Accounts payable and accrued expenses | $178,493 |
| 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 | $5,114,354 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,292,847 |
| Net assets without donor restrictions | $10,652,784 |
| Net assets with donor restrictions | $5,087,467 |
| 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 | $21,033,098 |
Grants Awarded
Over the last fiscal year, New Hope International Ministries has awarded $165,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW HOPE CHRISTIAN COLLEGENEW HOPE CHRISTIAN COLLEGE PURPOSE: PROGRAM SUPPORT | $125,000 |
Honolulu, HI PURPOSE: PROGRAM SUPPORT | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Hope International Ministries has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Aloha United Way Inc Honolulu, HI PURPOSE: GENERAL OPERATING GRANT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turning Point For God Lakeside, CA | $55,591,424 | $109,738,214 |
Family Resource & Referral Center Of San Joaquin Stockton, CA | $22,143,375 | $58,140,912 |
Yellow Chair Foundation San Francisco, CA | $899,830,560 | $147,461,050 |
St Vincent De Paul Village Inc San Diego, CA | $50,446,763 | $60,152,162 |
Open Doors With Brother Andrew Inc Santa Ana, CA | $12,195,285 | $33,559,571 |
Cityteam Ministries San Jose, CA | $57,357,554 | $43,092,381 |
Joni And Friends Agoura Hills, CA | $42,271,581 | $29,467,878 |
Catholic Community Foundation Of Los Angeles Los Angeles, CA | $298,852,432 | $83,411,965 |
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |
Christ-Centered Ministries Inglewood, CA | $3,642,191 | $13,458,260 |