Project Hope Worldwide
- Assets
- $942.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Owasso, OK
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 27-1873580
Organization Overview
Project Hope Worldwide is located in Owasso, OK. 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 12/2021, Project Hope Worldwide employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Hope Worldwide 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, Project Hope Worldwide generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. 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
TO REDEEM THE MOST DEFENSELESS AND VULNERABLE CHILDREN, PROVIDING THEM HOPE AND OPPORTUNITY TO CHANGE THEIR WORLD. FOR EACH CHILD WE SECURE THE FOLLOWING FIVE THINGS: FOOD/CLOTHING, SAFE HOME, EDUCATION, MEDICAL CARE, AND SPIRITUAL/CHARACTER MENTORSHIP. SEE STMT 42 FOR DETAIL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHW UGANDA: THE PROJECT HOSTS 97 LIVE IN ORPHANS AND 34 NEARBY VILLAGE CHILDREN ATTEND OUR HOPE SCHOOL WHERE THEY ARE RECEIVING A QUALITY EDUCATION, MEDICAL CARE, FOOD, AND SPIRITUAL/CHARACTER MENTORING. OUR GOAL IS TO COMPLETELY BUILD OUT THE SECOND CIRCLE OF EIGHT HOMES GIVING US THE CAPACITY TO CARE FOR 128 LIVE IN ORPHANS
LATIN AMERICA MISSION: IN JUAREZ, WE HAVE ESTABLISHED A NEW ACTIVITY CENTER TO SERVE 41 CHILDREN. THE ORPHANS LIVE WITH A RELATIVE AND COME TO OUR CENTER DAILY FOR EDUCATIONAL AND MENTORING PROGRAMS. FOOD, MEDICAL CARE, AND CLOTHING ARE ALSO PROVIDED. IN NICARAGUA, WE HAVE A STAFF OF 5 CARING FOR 77 ORPHANS. THE ORPHANS ATTEND OUR ACTIVITY CENTER AND RECEIVE THE SAME HOLISTIC CARE PROVIDED AT EACH OF OUR OTHER PROJECTS. WE ARE ALSO PROVIDING CARE AND TRAINING FOR THE PRIMARY GUARDIANS OF OUR CHILDREN.
SOUTH ASIA REGION: IN SE ASIA, WE HAVE START UP COSTS THAT WILL SERVE 25 LIVE-IN ORPHANS . THE ORPHANS WILL RECEIVE THE SAME HOLISTIC CARE PROVIDED AT EACH OF OUR OTHER PROJECTS: QUALITY EDUCATION, MEDICAL CARE, FOOD/WATER, CLOTHING, AND SPIRITUAL/CHARACTER MENTORSHIP.
OTHER MISSION SUPPORT: WE CONDUCT AND SPONSOR SHORT TERM MISSION TRIPS THROUGHOUT THE YEAR. OUR GOAL IS TO PROVIDE SUPPORT FOR OUR EXISTING MISSION PROJECT, PROVIDE OPPORTUNITIES FOR THEIR DIRECT INVOLVEMENT, INCREASE THE OVERALL AWARENESS OF NEEDS AND TO EXPAND INTO NEW AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marshall Reeves Executive Director | 40 | $78,000 | |
Christina Glenn Director Of Finance & Account | Officer | 30 | $50,000 |
Jared Tabb Treasurer | OfficerTrustee | 1 | $0 |
Dan Gibson Chair Of Board Of Directors | OfficerTrustee | 1 | $0 |
Eli Jackson Secretary | OfficerTrustee | 1 | $0 |
Danny Childs Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $137,840 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $965,182 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,103,022 |
| Total Program Service Revenue | $0 |
| Investment income | $14,571 |
| 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 | $1,117,593 |
| 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. | $78,000 |
| Compensation of current officers, directors, key employees. | $7,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,906 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,730 |
| Fees for services: Accounting | $17,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,477 |
| Advertising and promotion | $2,682 |
| Office expenses | $0 |
| Information technology | $1,100 |
| Royalties | $0 |
| Occupancy | $25,329 |
| Travel | $73,337 |
| 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 | $6,842 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,247,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,431 |
| Savings and temporary cash investments | $817,274 |
| 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 | $2,795 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,023 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $942,523 |
| Accounts payable and accrued expenses | $18,887 |
| 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 | $18,887 |
| Net assets without donor restrictions | $841,251 |
| Net assets with donor restrictions | $82,385 |
| 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 | $942,523 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Project Hope Worldwide has recieved totaling $72,120.
| Awarding Organization | Amount |
|---|---|
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $71,431 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 03/09/21 | $456 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $233 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Hands Relief Inc Arlington, TX | $2,480,716 | $16,870,671 |
English Language Institute In China Fort Collins, CO | $10,835,190 | $18,809,399 |
Ekal Vidyalaya Foundation Of Usa Inc Houston, TX | $8,311,702 | $8,920,976 |
Thinkwell Institute Leander, TX | $7,820,043 | $8,446,076 |
Reach Now International Inc Tulsa, OK | $23,892 | $8,518,045 |
Medical Benevolence Foundation Houston, TX | $13,521,157 | $7,702,222 |
Engineers Without Borders Usa Inc Denver, CO | $11,070,406 | $9,132,500 |
Conflict And Development Research Fund Castroville, TX | $3,738,303 | $60,944 |
Faith In Practice Houston, TX | $14,021,764 | $10,305,990 |
Millennium Relief And Development Services Inc Bellaire, TX | $1,985,456 | $5,779,466 |
Bridges To Prosperity Inc Denver, CO | $3,237,840 | $5,375,826 |
Blessings International Broken Arrow, OK | $7,020,981 | $3,899,748 |