Key Of Hope
- Assets
- $285.4k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 9
- Location
- Auburn Hills, MI
- Founding
- 08/2007
- Data as of
- 12/2021
- EIN
- 20-8117872
Organization Overview
Key Of Hope is located in Auburn Hills, MI. The organization was established in 2007. 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 12/2021, Key Of Hope employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Key Of Hope 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, Key Of Hope generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
KEY OF HOPE IS AN INTERNATIONAL NON-PROFIT IN DURBAN, SOUTH AFRICA THAT REACHES CHILDREN AFFECTED BY POVERTY AND AIDS WITH THE HOPE FOUND IN JESUS CHRIST THROUGH LONG-TERM MENTORING RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMANITARIAN SUPPLIES WERE DISTRIBUTED TO THE ORPHANS OF DURBAN, KWAZULU- NATAL, SOUTH AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Felicia Davis Treasurer | OfficerTrustee | $0 | |
Daniel M Smither President | OfficerTrustee | $0 | |
Ross Matheson Director | Trustee | $0 | |
Michael Molloy Director | Trustee | $0 | |
Matthew Pirmann Director | Trustee | $0 | |
Tim Warner Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,532 |
| Related organizations | $0 |
| Government grants | $9,905 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,124,098 |
| Noncash contributions included in lines 1a–1f | $11,163 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,182,535 |
| Total Program Service Revenue | $0 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $83,836 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,223 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,267,635 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $238,432 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,402 |
| 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 | $13,817 |
| Advertising and promotion | $3,827 |
| Office expenses | $35,842 |
| Information technology | $8,878 |
| Royalties | $0 |
| Occupancy | $2,169 |
| Travel | $57,114 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,950 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,733 |
| Insurance | $2,155 |
| All other expenses | $0 |
| Total functional expenses | $1,332,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,996 |
| Savings and temporary cash investments | $113,804 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,720 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,847 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $285,367 |
| Accounts payable and accrued expenses | $87,051 |
| 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 | $87,051 |
| Net assets without donor restrictions | $157,659 |
| Net assets with donor restrictions | $40,657 |
| 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 | $285,367 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Key Of Hope has recieved totaling $251,877.
| Awarding Organization | Amount |
|---|---|
Technical Assistance Mission Inc Marlette, MI PURPOSE: GENERAL SUPPORT | $244,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,766 |
Andre Family Foundation Inc Melbourne, FL PURPOSE: CHARITABLE | $1,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $361 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christel House International Inc Indianapolis, IN | $93,680,993 | $18,546,381 |
Palestine Childrens Relief Fund Kent, OH | $38,017,792 | $21,671,085 |
Adventist Frontier Missions Inc Berrien Springs, MI | $13,681,877 | $9,406,971 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Afrika Tikkun Usa Inc Columbus, OH | $5,127,068 | $10,291,044 |
Central American Medical Outreach Inc Orrville, OH | $1,259,322 | $3,903,731 |
International Samaritan Ann Arbor, MI | $25,596,341 | $2,530,295 |
Community Systems Foundation Ann Arbor, MI | $1,779,833 | $2,966,882 |
Building Tomorrow Inc Indianapolis, IN | $2,584,263 | $2,537,452 |
Jerusalem University College Xenia, OH | $2,954,616 | $2,920,307 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Solid Rock Missions Indianapolis, IN | $1,605,235 | $2,056,818 |