Hope 2 Liberia Inc
- Assets
- $1.1m
- Revenue
- $480.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Muncie, IN
- Founding
- 04/2010
- Data as of
- 12/2022
- EIN
- 27-1280907
Organization Overview
Hope 2 Liberia Inc is located in Muncie, IN. The organization was established in 2010. 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 12/2022, Hope 2 Liberia Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope 2 Liberia 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 12/2022, Hope 2 Liberia Inc generated $480.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $498.9k during the year ending 12/2022. While expenses have increased by 0.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO WATER THE THIRSTY WITH SAFE DRINKING WATER AND WITH THE LIVING WATER OF JESUS CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, WE MADE 2 TRIPS TO LIBERIA, AFRICA TO CONTINUE WORKING ON BUILDING THE HOPE CENTER, TO FURTHER RELATIONSHIPS, PROVIDE PASTOR TRAINING AND A MISSIONARY CONFERENCE. WE ALSO TOOK 25 PEOPLE TO UGANDA, AFRICA TO WORK ALONGSIDE AN ORPHANAGE IN EXISTANCE THERE AND TO PROVIDE PASTOR TRAINING AND ESTABLISH DEEPER RELATIONSHIPS. THE FOCUS OF THESE TRIPS WAS TO CONTINUE TO CAST A VISION OF HOPE AND HEALING INTO THE HEARTS OF WHOEVER WILL LISTEN. WE HAD 3 PEOPLE TRAVEL TO MULTIPLE OTHER COUNTRIES IN AFRICA TO PRESENT THE GOSPEL OF JESUS CHRIST TO SMALLER GATHERINGS OF PASTORS IN EACH COUNTRY. IN ALL, WE TOOK 50 PEOPLE ON MISSION TRIPS IN 2022.
ONE OF OUR MAIN PURPOSES IS TO PROVIDE SAFE DRINKING WATER. THIS YEAR WE PURCHASED OVER 25 PERSONAL WATER SYSTEMS. THESE PERSONAL SYSTEMS CAN PROVIDE SAFE DRINKING WATER TO AN ENTIRE FAMILY FOR THEIR LIFETIME. WE FINISHED UP WORKING ON A WATER SYSTEM FOR A PRISON IN GANTA, LIBERIA WITH A GOAL OF BEING ABLE TO PROVIDE THEM WITH WATER PUMPED DIRECTLY TO THE PRISON. THE INDIVIDUALS BENEFITTING FROM ALL THESE PROJECTS IS COUNTLESS.
WE HAVE BEEN DEVELOPING HOPE CENTERS IN DIFFERENT COMMUNITIES TO PROVIDE A CENTRAL LOCATION FOR A TRAINING CENTER, CHURCH, COMMUNITY CENTER AND WATER DISTRIBUTION. CONSTRUCTION CONTINUED ON OUR HOPE CENTER NEAR MARSHALL, LIBERIA. THIS PROJECT NOW INCLUDES AN AGRICULTURAL ASPECT AS THEY ARE LEARNING HOW TO GROW AND HARVEST THEIR OWN PRODUCE TO FEED THEMSELVES AND PROVIDE INCOME FOR THEIR FAMILIES. WE HAVE ALSO BROKEN GROUND FOR A HOPE CENTER IN UGANDA TO BE USED BY THAT COMMUNITY FOR A COMMUNITY CENTER AND CENTRAL SOURCE OF HOPE AND GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Mcdowell Board Memberpt Secy | Officer | 16 | $10,260 |
Randy Tempest Board Member | Officer | 4 | $0 |
Travis Coomer Board Member | Officer | 4 | $0 |
Jon Pierce Board Member | Officer | 4 | $0 |
Sam Wrisley President | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $28,027 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,457 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,484 |
| Total Program Service Revenue | $184,491 |
| Investment income | $45,402 |
| 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 | $480,377 |
| 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. | $11,520 |
| Compensation of current officers, directors, key employees. | $3,456 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,100 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,565 |
| 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 | $3,991 |
| Office expenses | $66,304 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,574 |
| Travel | $165,036 |
| 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 | $1,003 |
| All other expenses | $0 |
| Total functional expenses | $498,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,085 |
| Savings and temporary cash investments | $1,081,866 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,091,951 |
| 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 | $14,335 |
| Total liabilities | $14,335 |
| Net assets without donor restrictions | $1,072,140 |
| Net assets with donor restrictions | $5,476 |
| 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 | $1,091,951 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope 2 Liberia Inc has recieved totaling $13,144.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $12,400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $744 |
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Maestro Cares Foundation Chicago, IL | $6,243,515 | $3,094,225 |
International Book Project Inc Lexington, KY | $1,015,924 | $2,389,161 |
The Human Development Foundation Of North America Oak Brook, IL | $4,594,028 | $2,738,864 |
Proem Support Ministries Inc Louisville, KY | $1,122,442 | $2,659,855 |