Touch Of Hope Inc
- Assets
- $508.9k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Rock Rapids, IA
- Founding
- 02/2013
- Data as of
- 06/2019
- EIN
- 45-2255072
Organization Overview
Touch Of Hope Inc is located in Rock Rapids, IA. The organization was established in 2013. 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. Touch Of Hope 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 06/2019, Touch Of Hope Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $778.2k during the year ending 06/2019. While expenses have increased by 3.8% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN PROVIDING AN EDUCATION AND HEALTHCARE FOR THE CHILDREN OF SIMONETTE, HAITI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING IN PROVIDING AN EDUCATION FOR THE CHILDREN OF SIMONETTE, HAITI AS WELL AS FOR PROVIDING FOR THESE SAME CHILDREN'S PHYSICAL NEEDS BY IT'S PARTNERSHIP WITH TYTOO GARDENS CHILDREN'S FOUNDATIONS AND THEIR OUTREACH PROGRAMS.
PROVIDE EMPLOYMENT, EDUCATION, AND OPPORTUNITY TO ARTISANS AND THEIR NEIGHBORS IN HAITI TO IMPROVE THEIR LIVING CONDITIONS AND KEEPING THEIR FAMILIES TOGETHER.
THE STARFISH PROGRAM EXISTS TO KEEP FAMILIES TOGETHER. THE PROGRAM'S ULTIMATE GOAL IS TO EQUIP MOTHERS WHO ARE AT-RISK OF RELINQUISHING THEIR CHILDREN TO ORPHANAGES BECAUSE THEY LIVE IN SUCH EXTREME POVERTY THEY ARE UNABLE TO MEET THE CHILDREN'S MOST BASIC NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dell Grooters V-President/ | OfficerTrustee | 40 | $0 |
Renae Grooters President/se | OfficerTrustee | 40 | $0 |
Webert Raymond Director | Trustee | 40 | $0 |
Kayla Raymond Director | Trustee | 40 | $0 |
Megan Likeness Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $874,872 |
| Investment income | $1,666 |
| 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 | $1,123,424 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $7,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $509,030 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,891 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,649 |
| Office expenses | $6,379 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,173 |
| Travel | $9,291 |
| 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 | $906 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $778,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,662 |
| Savings and temporary cash investments | $0 |
| 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 | $83,231 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $508,916 |
| Accounts payable and accrued expenses | $1,589 |
| 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 | $1,589 |
| Net assets without donor restrictions | $507,327 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $507,327 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Touch Of Hope Inc has recieved totaling $20,279.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,838 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $6,260 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $181 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Feed My Starving Children Coon Rapids, MN | $39,897,595 | $62,648,844 |
Orphan Grain Train Inc Norfolk, NE | $23,468,365 | $39,686,320 |
Lifesong For Orphans Inc Gridley, IL | $55,071,126 | $40,755,637 |
Nph-Usa Chicago, IL | $9,523,398 | $16,657,427 |
One Collective Nfp Elgin, IL | $3,863,320 | $13,470,210 |
One World Surgery Deerfield, IL | $14,992,462 | $10,254,872 |
Meds & Food For Kids St Louis, MO | $9,342,329 | $4,463,955 |
American Relief Agency For The Horn Of Africa Araha Columbia Heights, MN | $1,563,044 | $5,680,724 |
Love Justice International Lincoln, NE | $1,486,894 | $4,623,371 |
International Call Organization Inc Bridgeview, IL | $172,328 | $3,856,996 |
Heroic Hearts Organization Nfp Wheaton, IL | $2,259,688 | $4,346,155 |
Fabretto Childrens Foundation Inc Evanston, IL | $2,557,246 | $3,318,965 |