Kids Hope Usa Inc
- Assets
- $2.1m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 20
- Location
- Zeeland, MI
- Founding
- 02/2002
- Data as of
- 09/2022
- EIN
- 38-3624308
Organization Overview
Kids Hope Usa Inc is located in Zeeland, MI. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 09/2022, Kids Hope USA Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kids Hope USA 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 09/2022, Kids Hope USA Inc generated $1.9m 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 (8.3%) each year. All expenses for the organization totaled $1.2m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. 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
KIDS HOPE USA BUILDS CARING RELATIONSHIPS:ONE CHILD, ONE HOUR, ONE CHURCH, ONE SCHOOL. KHUSA PARTNERS COMMUNITY-FOCUSED CHURCHES WITH THEIR LOCAL ELEMENTARY OR MIDDLE SCHOOL TO SEND VOLUNTEER MENTORS INTO THE SCHOOLS TO SUPPORT STUDENTS IN ONE-ON-ONE MENTORING RELATIONSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
KIDS HOPE USA ENABLES CHURCHES TO RECRUIT, TRAIN AND SUPERVISE VOLUNTEERS FROM THEIR CHURCH MEMBERSHIP FOR MENTORING RELATIONSHIPS WITH PUBLIC SCHOOL CHILDREN. AS OF SEPTEMBER 30, 2022, OUR SURVEY RESPONSES ESTIMATED 9,600 VOLUNTEERS REPORTING OVER 520,000 HOURS OF VOLUNTEER TIME TO INVEST IN THE LIVES OF SCHOOL CHILDREN. KHUSA SUPPORTS A NETWORK OF 670 CHURCH PARTNERS THAT RUN MENTORING PROGRAMS IN 830 ELEMENTARY AND MIDDLE SCHOOLS IN 38 STATES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Pearson President | OfficerTrustee | 40 | $132,454 |
Douglas Vandyken Treasurer | OfficerTrustee | 3 | $0 |
Doug Ruch Board Chair | OfficerTrustee | 3 | $0 |
Zachary Gebben Secretary | OfficerTrustee | 3 | $0 |
Suzanne Shier Director | Trustee | 2 | $0 |
Kyle Curtiss Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,693,696 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,693,696 |
| Total Program Service Revenue | $135,391 |
| Investment income | $23,462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,823 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,868,372 |
| 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. | $146,799 |
| Compensation of current officers, directors, key employees. | $73,399 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $717,980 |
| Pension plan accruals and contributions | $26,416 |
| Other employee benefits | $7,449 |
| Payroll taxes | $67,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,920 |
| Fees for services: Other | $26,438 |
| Advertising and promotion | $10,945 |
| Office expenses | $66,313 |
| Information technology | $56,573 |
| Royalties | $0 |
| Occupancy | $26,088 |
| Travel | $5,128 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,731 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,201 |
| Insurance | $9,094 |
| All other expenses | $0 |
| Total functional expenses | $1,228,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $317,228 |
| Savings and temporary cash investments | $300,892 |
| Pledges and grants receivable | $696,164 |
| Accounts receivable, net | $24,600 |
| 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 | $4,410 |
| Net Land, buildings, and equipment | $15,802 |
| Investments—publicly traded securities | $732,338 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,000 |
| Total assets | $2,111,434 |
| Accounts payable and accrued expenses | $41,024 |
| 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 | $41,024 |
| Net assets without donor restrictions | $534,322 |
| Net assets with donor restrictions | $1,536,088 |
| 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 | $2,111,434 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kids Hope Usa Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Hoogerwerf Foundation Grand Haven, MI PURPOSE: AT RISK STUDENT TUTORING | $1,000 |
The Bruce And Susan Neckers Foundation Grand Rapids, MI PURPOSE: PROGRAM FUNDS | $500 |
Endowment Analysis
| Beg. Balance | $927,515 |
| Earnings | -$161,257 |
| Admin Expense | $8,920 |
| Other Expense | $25,000 |
| Ending Balance | $732,338 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Center For Developmental Enrichment Westerville, OH | $12,309,399 | $12,926,419 |
Edchoice Inc Indianapolis, IN | $20,542,454 | $10,117,129 |
Teachers Treasures Inc Indianapolis, IN | $1,070,406 | $9,359,257 |
Rev1 Ventures Columbus, OH | $21,187,153 | $10,381,705 |
Integrity Educational Services Grand Rapids, MI | $1,165,431 | $9,051,642 |
Preschool Promise Inc Dayton, OH | $4,299,915 | $8,117,368 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
First Steps Kent Grand Rapids, MI | $2,604,123 | $6,363,440 |
I Know I Can Columbus, OH | $49,678,666 | $6,921,288 |
Ohio Council Of Community Schools Toledo, OH | $7,079,568 | $6,241,775 |
Crayons To Classrooms Dayton, OH | $3,417,764 | $4,091,018 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |