Hope Worldwide Ltd
- Assets
- $8.6m
- Revenue
- $19.6m
- Investments
- $0.0
- Employees
- 64
- Location
- San Diego, CA
- Founding
- 02/1995
- Data as of
- 12/2020
- EIN
- 04-3129839
Organization Overview
Hope Worldwide Ltd is located in San Diego, CA. 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 12/2020, Hope Worldwide Ltd employed 64 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 12/2020, Hope Worldwide Ltd generated $19.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $17.3m during the year ending 12/2020. While expenses have increased by 4.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO DELIVER SUSTAINABLE, HIGH IMPACT, COMMUNITY-BASED SERVICES TO THE POOR AND NEEDY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH - WE IMPROVE THE HEALTH OF CRITICALLY UNDERSERVED COMMUNITIES THROUGH HEALTH EDUCATION AND THE DELIVERY OF HIGH QUALITY COMPASSIONATE HEALTHCARE. INCLUDES IN-KIND MEDICAL EQUIPMENT AND PHARMACEUTICAL DRUGS RECEIVED IN THE AMOUNT OF $4,834,134.
OUTREACH - 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. INCLUDES IN-KIND SUPPLIES USED IN DISASTER RELIEF EFFORTS OF $274,716.
EDUCATION - 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.
HEALTH - WE IMPROVE THE HEALTH OF CRITICALLY UNDERSERVED COMMUNITIES THROUGH HEALTH EDUCATION AND THE DELIVERY OF HIGH QUALITY COMPASSIONATE HEALTHCARE. INCLUDES IN-KIND MEDICAL EQUIPMENT AND PHARMACEUTICAL DRUGS RECEIVED IN THE AMOUNT OF $4,834,134.
OUTREACH - 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. INCLUDES IN-KIND SUPPLIES USED IN DISASTER RELIEF EFFORTS OF $274,716.
EDUCATION - 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.
HEALTH - WE IMPROVE THE HEALTH OF CRITICALLY UNDERSERVED COMMUNITIES THROUGH HEALTH EDUCATION AND THE DELIVERY OF HIGH QUALITY COMPASSIONATE HEALTHCARE. INCLUDES IN-KIND MEDICAL EQUIPMENT AND PHARMACEUTICAL DRUGS RECEIVED IN THE AMOUNT OF $4,834,134.
OUTREACH - 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. INCLUDES IN-KIND SUPPLIES USED IN DISASTER RELIEF EFFORTS OF $274,716.
EDUCATION - 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Malutinok President/coo/exec VP | Officer | 40 | $148,967 |
Keith Rose Cfo/executive VP | Officer | 40 | $140,667 |
Dr Marc Aguirre Program Director | 40 | $127,602 | |
Russell Hargrove Chief Development Officer | Officer | 40 | $111,462 |
Paul Fruge Sr Director Of Marketing | 40 | $111,120 | |
Reese Neyland-Director 11-228 Chief Evangelist (3/1/20-12/31/20) | OfficerTrustee | 40 | $94,768 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $17,185 |
| Membership dues | $0 |
| Fundraising events | $101,555 |
| Related organizations | $92,426 |
| Government grants | $1,024,841 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,813,242 |
| Noncash contributions included in lines 1a–1f | $5,368,698 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,049,249 |
| Total Program Service Revenue | $3,793,294 |
| Investment income | $3,379 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,485 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,541 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,732,357 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,582,305 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,350 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,459,226 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $824,234 |
| Compensation of current officers, directors, key employees. | $390,158 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,003,899 |
| Pension plan accruals and contributions | $87,376 |
| Other employee benefits | $251,046 |
| Payroll taxes | $210,190 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $618,861 |
| 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 | $854,275 |
| Advertising and promotion | $84,578 |
| Office expenses | $177,042 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $455,165 |
| Travel | $126,541 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,333 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,057 |
| Insurance | $125,015 |
| All other expenses | $0 |
| Total functional expenses | $17,347,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,071,127 |
| Savings and temporary cash investments | $2,807,257 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $134,954 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $346,151 |
| Prepaid expenses and deferred charges | $436,637 |
| Net Land, buildings, and equipment | $469,702 |
| Investments—publicly traded securities | $1,374,131 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,639,959 |
| Accounts payable and accrued expenses | $471,580 |
| Grants payable | $0 |
| Deferred revenue | $337,655 |
| 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 | $6,741 |
| Total liabilities | $815,976 |
| Net assets without donor restrictions | $3,983,533 |
| Net assets with donor restrictions | $3,840,450 |
| 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 | $8,639,959 |
Grants Recieved
Over the last fiscal year, we have identified 24 grants that Hope Worldwide Ltd has recieved totaling $881,666.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $356,727 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $324,920 |
Our Fathers Affordable Housing Foundation Fairview, TX PURPOSE: TO PROVIDE GRANTS TO ORGANIZATIONS THAT ASSIST THE COMMUNITY. | $148,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $10,000 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $8,531 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $6,900 |
Endowment Analysis
| Beg. Balance | $1,084,944 |
| Earnings | $127,665 |
| Ending Balance | $1,212,609 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Living Goods Oakland, CA | $25,335,492 | $27,387,443 |
Transfair Usa Oakland, CA | $19,057,567 | $24,006,067 |
Hope Worldwide Ltd San Diego, CA | $8,639,959 | $19,582,305 |
World Emergency Relief San Dimas, CA | $1,123,706 | $17,740,144 |
Rippleworks Inc Redwood City, CA | $1,127,548,161 | $34,942,704 |
Project Concern International San Diego, CA | $10,331,948 | $12,210,235 |
Muso Inc San Francisco, CA | $26,014,068 | $28,737,104 |
Surgical Eye Expeditions International Inc Santa Barbara, CA | $14,555,876 | $8,599,014 |
Volunteers For Interamerican Development Assistance Berkeley, CA | $167,273 | $11,297,919 |
Id Insight Inc San Francisco, CA | $38,189,012 | $28,897,820 |
Seva Foundation Berkeley, CA | $35,516,078 | $12,363,938 |
Peking University Education Foundation Usa San Mateo, CA | $72,899,671 | $11,690,196 |