Hope For Honduran Children Foundation
- Assets
- $705.2k
- Revenue
- $319.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Shaker Heights, OH
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 20-2432585
Organization Overview
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 12/2021, Hope For Honduran Children Foundation generated $319.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $152.3k during the year ending 12/2021. 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
2021
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 FOUNDATION IS COMMITTED TO EMPOWERING WILLING MINDS, TEACHING EMPLOYABLE SKILLS, AND PREPARING YOUTH FOR A SUCCESSFUL TRANSITION INTO THE WORLD OF SELF-SUSTAINABILITY. OUR HIGHLY SUCCESSFUL RESIDENTIAL PROGRAM IS A LONG-TERM DEVELOPMENT PROJECT PROVIDING AMAZING RESULTS. EXEMPLARY CHARACTER AND ACADEMIC FOCUS ARE PREREQUISITES FOR ADMISSION. RESIDENTS ARE PROVIDED SAFE SHELTER, A QUALITY EDUCATION, FOOD, 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. CASA NOBLE IS OUR RESIDENTIAL PROGRAM FOR UP TO 24 BOYS AGES 12 - 25. CURRENTLY TEN STUDENTS ARE STUDYING AT UNIVERSITY. CASA DOROTHEE DE SAGRADO CORAZON IS THE RESIDENTIAL HOME FOR GIRLS AND CURRENTLY HAS 4 RESIDENTS. DUE TO COVID, ALL SCHOOLS CONTINUED TO BE CLOSED AND ONLY REMOTE LEARNING WAS AVAILABLE. SINCE OUR RESIDENTIAL STUDENTS WERE IN QUARANTINE AND NEEDN'T RIDE THE BUS TO AND FROM CAMPUS, THEY TOOK FULL ADVANTAGE OF THE EXTRA TIME, USING IT TO ADD MORE CLASSES TO THEIR CURRICULUM.
PEOPLE-TO-PEOPLE HUMANITARIAN SERVICE PROGRAM - 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. EACH TRIP IS DESIGNED TO MAKE A SUSTAINABLE DIFFERENCE IN THE LIVES OF THE HONDURAN CHILDREN, THE LOCAL COMMUNITIES AND THE LIVES OF OUR SERVICE VOLUNTEERS. IN AUGUST WE TRAVELED TO HONDURAS AND SPENT EACH MORNING VISITING THE RURAL VILLAGE WE HELP SUPPORT. AFTERNOONS WERE SPENT WITH THE YOUTH IN OUR RESIDENTIAL PROGRAM THE TEAM PROVIDED EACH VILLAGE AND OUR TWO HOMES WITH SCHOOL AND HYGIENE SUPPLIES, CLOTHING, SHOES, AND NEEDED FOOD.
SPECIAL PROJECTS - THE COVID PANDEMIC CONTINUED TO HAVE CATASTROPHIC AFFECTS IN HONDURAS. WE AGAIN TEAMED UP WITH A CANADIAN ORGANIZATION IN PROVIDING MUCH NEEDED FOOD TO FAMILIES IN DESPERATE NEED, BOTH IN TEGUCIGALPA AND IN A NUMBER OF RURAL VILLAGES. THE CANADIANS WIRED THE FINANCIAL SUPPORT TO OUR HONDURAN DIRECTOR AND THE CASA NOBLE BOYS PURCHASED, SORTED, BAGGED AND DELIVERED BUNDLES OF FOOD TO HUNDREDS OF FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Godt Executive Director | Officer | 50 | $36,000 |
John Godt Director | Trustee | 50 | $0 |
Michael Ausperk Director | Trustee | 0 | $0 |
Grant Cathcart Director | Trustee | 0 | $0 |
Richard Bedell Director | Trustee | 0 | $0 |
David Fornari Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $214,721 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $214,725 |
| Total Program Service Revenue | $100,334 |
| Investment income | $3,997 |
| Tax Exempt Bond Proceeds | $131 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $319,191 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $97,617 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,000 |
| Compensation of current officers, directors, key employees. | $1,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,039 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $3,187 |
| Information technology | $6,713 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,668 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,670 |
| All other expenses | $0 |
| Total functional expenses | $152,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $241,975 |
| Savings and temporary cash investments | $205,179 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,440 |
| 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 | $240,604 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $705,198 |
| Accounts payable and accrued expenses | $153 |
| 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 | $153 |
| Net assets without donor restrictions | $459,339 |
| Net assets with donor restrictions | $245,706 |
| 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 | $705,198 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope For Honduran Children Foundation has recieved totaling $100,702.
| Awarding Organization | Amount |
|---|---|
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $702 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Shared Information Services Inc Cincinnati, OH | $9,673,672 | $26,206,516 |
Npt Charitable Asset Tr Jenkintown, PA | $16,456,984 | $30,273,580 |
Joseph & Florence Mandel Family Foundation - Weinberg Family Fund Cleveland, OH | $181,897,996 | $22,134,878 |
The@joseph And Florence Mandel Family Foundation-Michele M And Cleveland, OH | $143,259,703 | $19,572,691 |
Psalms Foundation Cincinnati, OH | $2,676,117 | $10,777,846 |
Hands In Service Incorporated Sellersville, PA | $413,502 | $4,515,148 |
Charity Motors Inc Detroit, MI | $2,508,278 | $4,106,535 |
Philanthropy Network Greater Philadelphia Philadelphia, PA | $1,306,274 | $3,056,265 |
The Grantmakers Of Western Pennsyl Vania Pittsburgh, PA | $3,601,911 | $2,093,159 |
Detroit Association Of Black Organizations Dabo Inc Detroit, MI | $174,773 | $1,935,579 |
Veterans Outreach Youngstown, OH | $937,209 | $2,263,977 |
New Life Thrift Inc Glenside, PA | $1,745,552 | $2,183,383 |