Future Hope Africa Inc
- Assets
- $42.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, KY
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 46-0640458
Organization Overview
Future Hope Africa Inc is located in Princeton, KY. The organization was established in 2013. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Hope Africa 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 12/2021, Future Hope Africa Inc generated $102.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $80.3k during the year ending 12/2021. While expenses have increased by 5.8% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Solis Secretary | 1.5 | $0 | |
Stephen Butler Treasurer | 10 | $0 | |
Kristin King President | 2 | $0 | |
Kimberly Green Director | 0.5 | $0 | |
Timothy Green Director | 0.5 | $0 | |
Keyra Poulson-Sheares Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,289 |
| Total Program Service Revenue | $1,550 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,839 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,004 |
| Professional fees and other payments to independent contractors | $673 |
| Occupancy, rent, utilities, and maintenance | $3,828 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,795 |
| Total expenses | $80,300 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,923 |
| Other assets | $0 |
| Total assets | $42,333 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,333 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Future Hope Africa Inc has recieved totaling $26,188.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: EDUCATION | $26,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $188 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Bill Gatton Foundation Bristol, TN | $0 | $23,969,446 |
A M G International Chattanooga, TN | $17,555,584 | $9,364,805 |
Spirit Of America Worldwide Arlington, VA | $11,674,125 | $9,682,917 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Afrika Tikkun Usa Inc Columbus, OH | $5,127,068 | $10,291,044 |
Remote Area Medical Rockford, TN | $17,905,708 | $7,264,096 |
Central American Medical Outreach Inc Orrville, OH | $1,259,322 | $3,903,731 |
Outreach International Kansas City, MO | $4,310,238 | $3,767,343 |
Waterequity Inc Kansas City, MO | $22,174,909 | $3,748,536 |
Building Tomorrow Inc Indianapolis, IN | $2,584,263 | $2,537,452 |
Jerusalem University College Xenia, OH | $2,954,616 | $2,920,307 |
Child Impact International Ooltewah, TN | $2,851,578 | $3,424,209 |