Hope 2 Others International
- Assets
- $177.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arvada, CO
- Founding
- 08/2009
- Data as of
- 07/2024
- EIN
- 32-0258106
Organization Overview
Hope 2 Others International is located in Arvada, CO. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope 2 Others 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 07/2024, Hope 2 Others International generated $59.3k 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 (11.6%) each year. All expenses for the organization totaled $4.9k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (37.7%) per year over the past 7 years. 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
2024
Describe the Organization's Program Activity:
Part 3
HOPE 2 OTHERS INTERNATIONAL (H2O) CONTINUED ITS FAMILY WELL DRILLING PROGRAM IN THE GAMBIA AND SOUTHERN SENEGAL. THE EFFECTS OF POST COVID 19 INFLATION HAS BEEN THE GREATEST OBSTACLE TO OUR OPERATIONS. WITH THE LOCAL CURRENCIES DECLINING VALUE AND THE COST OF RICE SKY ROCKETING DUE TO WAR IN UKRAINE, FAMILIES HAVE NO DISCRETIONARY FUNDS TO PAY OUR LABORERS TO DRILL. TO BE SUSTAINABLE, OUR LOCAL DRILLERS NEED TO BE ABLE TO EARN AN INCOME AND CANNOT WORK FOR FREE. EVEN WITH THIS OBSTACLE, WE WERE ABLE TO DRILL APPROXIMATELY 120 WATER WELLS. DURING THIS SLOW PERIOD, OUR FOCUS HAS BEEN ON DESIGNING AND TESTING A NEW SO,AR POWERED WATER DELIVERY SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Reierson Executive Director | 30 | $0 | |
Jose Escobar Director | 0.5 | $0 | |
Kathy Escobar Director | 0.5 | $0 | |
John Schvetz Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,219 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,082 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,301 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $236 |
| Occupancy, rent, utilities, and maintenance | $1,200 |
| Printing, publications, postage, and shipping | $132 |
| Other expenses | $3,350 |
| Total expenses | $4,918 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $177,873 |
| Other assets | $0 |
| Total assets | $177,873 |
| Total liabilities | $0 |
| Net assets or fund balances | $177,873 |