Hope Worldwide Ltd
- Assets
- $7.4m
- Revenue
- $39.6m
- Investments
- $0.0
- Employees
- 43
- Location
- Atlanta, GA
- Founding
- 02/1995
- Data as of
- 12/2022
- EIN
- 04-3129839
Organization Overview
Hope Worldwide Ltd is located in Atlanta, GA. The organization was established in 1995. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Hope Worldwide Ltd employed 43 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Hope Worldwide Ltd 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 Worldwide Ltd generated $39.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $39.3m during the year ending 12/2022. While expenses have increased by 10.8% 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
A WORLD TRANSFORMED THROUGH LOVE, RESPECT AND PARTNERSHIP WITH OUR NEIGHBORS IN NEED
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESPOND TO DISASTERS- EVERY DISASTER IS UNIQUE AND BRINGS ABOUT A SPECIAL SET OF NEEDS FOR ITS SURVIVORS. WITH A GLOBAL NETWORK OF VOLUNTEERS, CHURCHES AND CORPORATE PARTNERS, WE STRIVE TO EFFICIENTLY MOBILIZE AND DELIVER MUCH-NEEDED RELIEF WHEN DISASTER STRIKES. WITH A DIVERSE POOL OF MORE THAN 37,500 VOLUNTEERS, HOPE WORLDWIDE IS CAPABLE OF MOBILIZING A SURGE OF FOCUSED VOLUNTEER RESOURCES BEFORE, DURING AND AFTER DISASTERS. INCLUDES IN-KIND MEDICAL EQUIPMENT AND PHARMACEUTICAL DRUGS RECEIVED IN THE AMOUNT OF $30,256,587.
EQUIP VOLUNTEERS - WE MOTIVATE, TRAIN AND MOBILIZE VOLUNTEERS AROUND THE WORLD TO DELIVER CRITICAL ASSISTANCE THAT SUPPORTS HEALTH, EDUCATION, DEVELOPMENT, AND CARE PROGRAMS. GLOBAL OUTREACH INSPIRES VOLUNTEER PARTICIPATION TO MEET THE NEEDS OF DISADVANTAGED CHILDREN AND ADULTS.
STRENGTHEN COMMUNITIES - WE EMPOWER DISADVANTAGED ADULTS AND YOUTH TO BECOME PRODUCTIVE MEMBERS OF SOCIETY THROUGH BASIC EDUCATIONAL ASSISTANCE, VOCATIONAL AND TECHNOLOGY TRAINING, MENTORING, TEACHING, AND ARTS AND SPORTS PROGRAMS. WE IMPROVE THE HEALTH OF CRITICALLY UNDERSERVED COMMUNITIES THROUGH HEALTH EDUCATION AND THE DELIVERY OF HIGH QUALITY COMPASSIONATE HEALTHCARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oby Ukadike Director | Trustee | 2 | $0 |
Lynne O'hara Director | Trustee | 2 | $0 |
Chester Umaguing Director | Trustee | 2 | $0 |
Suzanne Gumley Director | Trustee | 2 | $0 |
Gordon Blasius Director | Trustee | 2 | $0 |
Michael Dames Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $7,493 |
| Membership dues | $0 |
| Fundraising events | $20,167 |
| Related organizations | $17,736 |
| Government grants | $679,310 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,313,178 |
| Noncash contributions included in lines 1a–1f | $30,422,056 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,037,884 |
| Total Program Service Revenue | $480,446 |
| Investment income | $20,205 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,004 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $13,858 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,565,397 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $123,163 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $30,256,587 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $574,831 |
| Compensation of current officers, directors, key employees. | $373,640 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,276,166 |
| Pension plan accruals and contributions | $150,504 |
| Other employee benefits | $549,545 |
| Payroll taxes | $206,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $76,368 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $932,582 |
| Advertising and promotion | $149,467 |
| Office expenses | $27,514 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $238,858 |
| Travel | $507,712 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,449 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,894 |
| Insurance | $121,711 |
| All other expenses | $69,993 |
| Total functional expenses | $39,257,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,099,686 |
| Savings and temporary cash investments | $2,504,216 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,058,025 |
| 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 | $273,835 |
| Net Land, buildings, and equipment | $259,203 |
| Investments—publicly traded securities | $982,612 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,186,478 |
| Total assets | $7,364,055 |
| Accounts payable and accrued expenses | $213,042 |
| Grants payable | $0 |
| Deferred revenue | $58,697 |
| 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 | $1,215,376 |
| Total liabilities | $1,487,115 |
| Net assets without donor restrictions | $1,515,989 |
| Net assets with donor restrictions | $4,360,951 |
| 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 | $7,364,055 |
Grants Awarded
Over the last fiscal year, Hope Worldwide Ltd has awarded $21,663 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE FOR FREEDOM INC PURPOSE: General Funding | $10,663 |
THE FORT MYERS CHURCH PURPOSE: Disaster Response - Hurricane clean up | $11,000 |