Designs For Hope
- Assets
- $385.6k
- Revenue
- $959.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Trussville, AL
- Founding
- 08/2009
- Data as of
- 12/2021
- EIN
- 26-4785463
Organization Overview
Designs For Hope is located in Trussville, AL. The organization was established in 2009. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Designs For 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, Designs For Hope generated $959.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 43.1% 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
DESIGNS FOR HOPE IS A NON-PROFIT THAT EXISTS TO PROVIDE SUSTAINABLE ENERGY, CLEAN WATER, AND OTHER INNOVATIVE DESIGNS TO DISCIPLE MAKERS IN DEVELOPING COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESIGNS FOR HOPE PERSONNEL AND VOLUNTEERS PARTNER WITH CHURCHES AND MISSIONAL ORGANIZATIONS ACROSS THE GLOBE. IN 2021, WE MINISTERED TO 99,280 PEOPLE, INCLUDING 26,390 IN UNREACHED PEOPLE GROUPS ACROSS EIGHT COUNTRIES AND THREE CONTINENTS. OUR TEAM PROVIDED ENGINEERING CONSULTING, ENGINEERING PROJECT MANAGEMENT, THEOLOGICAL TRAINING, AND COMMUNITY SUPPORT. THE MAIN PHYSICAL PROJECTS FOR THE YEAR 2021 INCLUDED: 32 WATER WELLS, 623 SOLAR PROJECTS, 399 PASTORS TRAINED, 250 BIBLES AND THEOLOGICAL TRAINING MATERIALS, AND MINISTERED TO 1,054 PEOPLE THROUGH RELIEF EFFORTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Bond Executive Director | OfficerTrustee | 50 | $107,872 |
Shae Wall Pastor Training Coordinato | Trustee | 16 | $7,250 |
Kimberly Denard Director Of Finance | OfficerTrustee | 10 | $6,000 |
Joseph Murray Community And Outreach COO | Trustee | 20 | $6,000 |
Benjamin Kennamer Regional Director Of Afric | Trustee | 20 | $2,500 |
Lloyd Wright Board Of Directors | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,388 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $920,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $950,401 |
| Total Program Service Revenue | $0 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,800 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $436 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $959,681 |
| 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 | $677,841 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,872 |
| Compensation of current officers, directors, key employees. | $75,510 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,425 |
| Advertising and promotion | $8,321 |
| Office expenses | $12,825 |
| Information technology | $3,914 |
| Royalties | $0 |
| Occupancy | $31,409 |
| Travel | $2,316 |
| 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 | $2,958 |
| Insurance | $954 |
| All other expenses | $0 |
| Total functional expenses | $1,062,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,020 |
| Savings and temporary cash investments | $43,642 |
| 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 | $119,660 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $96,252 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $385,574 |
| 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 | $383,311 |
| Net assets with donor restrictions | $2,263 |
| 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 | $385,574 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Designs For Hope has recieved totaling $580,138.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $579,208 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $740 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $190 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christ For All Nations Orlando, FL | $10,548,183 | $19,908,436 |
Precept Ministries Of Reach Out Inc Chattanooga, TN | $10,987,140 | $15,669,576 |
United Against Poverty Inc Vero Beach, FL | $21,479,964 | $11,068,487 |
Impact 360 Institute Inc Atlanta, GA | $4,530,260 | $9,934,364 |
Campus Outreach Serve Inc Hoover, AL | $4,070,578 | $8,268,154 |
Intend Ministries Murfreesboro, TN | $2,990,387 | $7,592,867 |
Third Millennium Ministries Inc Casselberry, FL | $8,248,500 | $7,349,091 |
Suncoast Haven Of Rest Rescue Mission Inc Pinellas Park, FL | $540,922 | $5,432,743 |
Avant Garde Academy Inc Hollywood, FL | $1,307,443 | $5,391,830 |
The Rauner Family Foundation Key Largo, FL | $61,036,083 | $5,579,241 |
Buckhead Christian Ministry Inc Atlanta, GA | $4,936,507 | $4,578,885 |
Churches Of Christ Disaster Relief Effort Inc Nashville, TN | $53,629,657 | $14,143,099 |