Sail Of Hope International is located in Lynchburg, VA. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sail Of Hope International 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, Sail Of Hope International generated $110.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $109.7k during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TRANSLATING AND DISTRIBUTING BIBLES AND CHRISTIAN NEWSLETTERS TO RUSSIA. SENDING MONETARY SUPPORT TO RUSSIAN PASTORS. DISTRIBUTING CHRISTIAN NEWSLETTERS AND GIVING MONETARY SUPPORT TO CHRISTIAN ORGANIZATIONS IN THE UNITED STATES AND FOREIGN COUNTRIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Worrell Pres/director | 40 | $0 | |
Dr Christian Wei Vp/director | 0 | $0 | |
Andre Bruyako Director | 0 | $0 | |
Mark Sherwood Director | 0 | $0 | |
Michael Pruglo Director | 0 | $0 | |
Dr Peter Ng Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $110,661 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $110,661 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $21,600 |
Professional fees and other payments to independent contractors | $618 |
Occupancy, rent, utilities, and maintenance | $1,331 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $86,143 |
Total expenses | $109,692 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,002 |
Other assets | $0 |
Total assets | $35,389 |
Total liabilities | $0 |
Net assets or fund balances | $35,389 |