Hope For Honduran Children Foundation is located in Shaker Heights, OH. The organization was established in 2006. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Honduran Children Foundation 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 12/2023, Hope For Honduran Children Foundation generated $200.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $208.5k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROTECT, INSPIRE, NURTURE, EDUCATE, TRAIN, AND CHALLENGE DISADVANTAGED VULNERABLE HONDURAN CHILDREN. WE MENTOR AND PROVIDE OPPORTUNITIES TO HELP THEM REACH THEIR FULL POTENTIAL AND BECOME SELF-SUFFICIENT, CARING, RESPONSIBLE ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND SPONSORSHIP THE UNITED NATIONS REPORTS THAT HONDURAS HAS THE WORST EDUCATIONAL SYSTEM IN CENTRAL AMERICA AND 51% OF HONDURAN CHILDREN RECEIVE NO EDUCATION AFTER SIXTH GRADE. EXTREME POVERTY AND LACK OF EDUCATION ARE VERY PRESSING PROBLEMS THAT ARE PREVALENT FOR 75% OF THE POPULATION LIVING IN THE MOUNTAIN VILLAGES. IN THE RURAL COMMUNITIES MOST ADULTS ARE UNEMPLOYED AND 2 IN 10 ARE ILLITERATE. WITHOUT THE BENEFIT OF A GOOD EDUCATION, THE POPULATION WE SERVE HAS NO POSSIBLE ESCAPE FROM THEIR CYCLE OF DEPLORABLE POVERTY. STUDENTS ARE PROVIDED SAFE SHELTER, A QUALITY EDUCATION, FOOD, CLOTHING, MEDICAL CARE AND ABUNDANT LOVE. IT IS A FAMILY ENVIRONMENT WITH RIGOROUS EXPECTATIONS. IN 2023, H4HC PROVIDED SCHOLARSHIPS FOR 13 UNIVERSITY SCHOLARS AND 4 HIGH SCHOOL STUDENTS IN OUR 2 RESIDENTIAL HOMES. ADDITIONAL SUPPORT WAS PROVIDED TO TWO STUDENTS NOT LIVING IN OUR RESIDENCES. OUR RESIDENTIAL PROGRAM IS A LONG-TERM DEVELOPMENT PROJECT PROVIDING AMAZING RESULTS. EXEMPLARY CHARACTER AND ACADEMIC FOCUS ARE PREREQUISITES FOR ADMISSION.STUDENTS ARE PROVIDED SAFE SHELTER, FOOD, A QUALITY EDUCATION, CLOTHING, MEDICAL CARE AND ABUNDANT LOVE. IT IS A FAMILY ENVIRONMENT WITH RIGOROUS EXPECTATIONS. THE STUDENTS QUICKLY LEARN THE BENEFITS OF INTEGRITY, SELF-DISCIPLINE AND HONOR. THOSE WITH SOLID ACADEMIC PERFORMANCES ARE SUPPORTED THROUGH THEIR STUDIES AT THE UNIVERSITY. H4HC STUDENTS ARE THRIVING.
PEOPLE-TO-PEOPLE HUMANITARIAN SERVICE PROGRAM & CULTURAL EXCHANGE TRIPS - THERE IS NO BETTER CLASSROOM THAN THE WORLD ITSELF AND NO MORE IMPACTFUL LESSON THAN IMMERSION INTO THE VIBRANT, LOVING AND IMPOVERISHED HONDURAN CULTURE. IMMERSION TRIPS ARE AN INTEGRAL PART OF THE FOUNDATION'S SUCCESS WITH EACH TRIP DESIGNED TO MAKE A SUSTAINABLE DIFFERENCE IN THE LIVES OF THE HONDURAN CHILDREN, THEIR FAMILIES, THE LOCAL COMMUNITIES, AND THE LIVES OF OUR SERVICE VOLUNTEERS. IN 2023, THERE WERE 3 TRIPS; FEBRUARY, APRIL (NURSING GROUP), AND JUNE. EACH WEEK LONG TRIP OFFERS A MYRIAD OF OPPORTUNITIES SUCH AS: 1) TO ENGAGE IN MEANINGFUL INTERACTION WITH CHILDREN & LOCAL VILLAGERS 2) TO IMMERSE YOURSELF IN A DIVERSE AND MEANINGFUL CULTURAL EXPERIENCE 3) TO ENHANCE YOUR GLOBAL AWARENESS 4) TO BRING MUCH NEEDED SUPPLIES TO ISOLATED VILLAGES 5) TO CHANGE THE WORLD OF A CHILD IN DESPERATE NEED 6) TO ESTABLISH MEANINGFUL LIFE-LONG RELATIONSHIPS WITH TEENAGERS.
SPECIAL PROJECTS - ARE THOSE FOR WHICH HOPE FOR HONDURAN CHILDREN RAISES SPECIAL FUNDING TO OFFSET THE COSTS OF PLANNING, IMPLEMENTATION AND CONTINUATION. OUR FEED A VILLAGE PROGRAM IS EXTREMELY IMPACTFUL. IN 2023, THE PROGRAM HELPED TO SUPPORT FIVE ISOLATED AND IMPOVERISHED COMMUNITIES. H4HC PROVIDED EDUCATIONAL ASSISTANCE, FOOD, SHOES, CLOTHING, VITAMINS, MEDICAL AND EDUCATIONAL SUPPLIES TO 5 VILLAGES. UNIVERSITY SCHOLARSHIPS WERE AWARDED TO THREE STUDENTS AND FOUR HIGH SCHOOL SCHOLARSHIPS WERE PROVIDED. H4HC ALSO BROUGHT SUPPORT TO THE LOCAL CENTER FOR THE BLIND AND INTERNET CONNECTION TO THE LOCAL SANTA LUCIA HIGH SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Godt Executive Director | OfficerTrustee | 50 | $42,000 |
John Godt Director | Trustee | 40 | $0 |
Michael Ausperk Director | Trustee | 0 | $0 |
Richard Bedell Director | Trustee | 0 | $0 |
Grant Cathcart Director | Trustee | 0 | $0 |
Yvonne Hsu Director | Trustee | 0 | $0 |
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 | $76,897 |
Noncash contributions included in lines 1a–1f | $875 |
Total Revenue from Contributions, Gifts, Grants & Similar | $76,897 |
Total Program Service Revenue | $103,874 |
Investment income | $19,033 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $838 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $200,642 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $19,673 |
Grants and other assistance to Foreign Orgs/Individuals | $125,791 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $42,000 |
Compensation of current officers, directors, key employees. | $1,260 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,341 |
Fees for services: Management | $0 |
Fees for services: Legal | $43 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $1,942 |
Information technology | $4,763 |
Royalties | $0 |
Occupancy | $0 |
Travel | $7,717 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $240 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,791 |
All other expenses | $1,226 |
Total functional expenses | $208,527 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $31,849 |
Savings and temporary cash investments | $93,667 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $19,100 |
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 | $598,717 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $743,333 |
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 | $566,130 |
Net assets with donor restrictions | $177,203 |
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 | $743,333 |