Hope Ethiopia Inc

Organization Overview

Hope Ethiopia Inc is located in Sunnyvale, CA. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Ethiopia Inc 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 Ethiopia Inc generated $911.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $930.1k during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION WORKS WITH SELECTED ETHIOPIAN NONPROFIT ORGANIZATIONS TO BRING HOPE TO ETHIOPIA

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOPE ENTERPRISES - STICHTING WOORD EN DAAD:PROVIDE FUNDING FOR COMPLETION OF SINTARO SCHOOL BUILDING PROJECT. PROVIDE FUNDING FOR STUDENT SCHOLARSHIPS AT THE HOPE ENTERPRISES SINTARO SCHOOL. PROVIDE FUNDING FOR ORGANIZATIONAL EXPENSES AT THE HOPE ENTERPRISES HEADQUARTERS. PROVIDE FUNDING FOR CONSTRUCTION OF A CLASSROOM BUILDING IN ROGGIE VILLAGE. PROVIDE FUNDING FOR STUDENT SPONSORSHIPS. PROVIDE FUNDING FOR PROJECT MANAGEMENT AND ADMINISTRATION EXPENSES. SUPPORT COMMUNITY DEVELOPMENT PROJECTS.


ETHIOPIAN GRADUATE SCHOOL OF THEOLOGY (EGST):PROVIDE FUNDING FOR STUDENT SCHOLARSHIPS. PROVIDE FUNDING FOR CAMPUS DEVELOPMENT PROJECTS.


TIGRAY DEVELOPMENT ASSOCIATION - ABRAHAM'S OASIS:PROVIDE SHELTER, FOOD, MEDICAL CARE, AND COUNSELING FOR CHILDREN; SUSTAIN SAFE HOUSES; FUNDING TO HELP REUNITE ORPHANS/STREET CHILDREN WITH RELATIVES; ONGOING CHILD SPONSORSHIPS; PROVIDE SEED AND OXEN FOR FARMERS; FUNDING FOR ORGANIZATIONAL OVERHEAD EXPENSES; PROVIDE ACCOMMODATION, FOOD, COUNSELING, AND TRAINING TO SUPPORT INTERNALLY DISPLACED WOMEN AND CHILDREN.


EVANGELICAL THEOLOGICAL COLLEGE (ETC):PROVIDE FUNDING FOR EDUCATIONAL HARDWARE AND SOFTWARE. SUPPORT STAFF PARTICIPATION IN OUTREACH.


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Board, Officers & Key Employees

Name (title)Compensation
Nathaniel Y Chan Part Year
President
$0
Anita L Lee
Chief Financial Officer
$0
Gary Taggart
Secretary
$0
Grant Bomze
Director
$0
Deborah Kilner
Director
$0
Alissa Shook Part Year
Director
$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$899,495
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$899,495
Total Program Service Revenue$0
Investment income $11,916
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 $911,496

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