Family Hope International
- Assets
- $235.2k
- Revenue
- $714.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Bonney Lake, WA
- Founding
- 01/2016
- Data as of
- 06/2024
- EIN
- 47-4309324
Organization Overview
Family Hope International is located in Bonney Lake, WA. The organization was established in 2016. 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. As of 06/2024, Family Hope International employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Hope 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 06/2024, Family Hope International generated $714.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $696.9k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
FAMILY HOPE INTERNATIONAL FREES FAMILIES FROM EXTREME POVERTY IN AFRICA BY PROVIDING THEM WITH BASIC NEEDS TO SUSTAIN THEIR LIVES AND EMPOWERING THEM WITH A SMALL BUSINESS OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY PRESERVATION AND EMPOWERMENT PROGRAM: OUR PROGRAM SETS FAMILIES FREE FROM EXTREME POVERTY THROUGH OUR FOUR-FOLD STRATEGY OF EMBRACE, EQUIP, EMPOWER, AND EMPLOY.EMBRACE - NEEDY FAMILIES ARE EMBRACED INTO OUR PROGRAM WITH SUPPORT FROM U.S. SPONSORS, OUR LOCAL INDIGENOUS CHURCH PARTNERS, AND OUR PROGRAM CASE MANAGERS.EQUIP - WE PROVIDE ASSISTANCE TO FAMILIES IN ORDER TO MEET VARIOUS BASIC NEEDS SUCH AS FOOD, WATER, CLOTHING, EDUCATION SUPPLIES, SCHOOL FEES, RENT ASSISTANCE, MEDICINE, AND MEDICAL CARE.
EMPOWER - ONCE A FAMILY'S BASIC NEEDS ARE MET, WE EVALUATE THEM FOR A SMALL BUSINESS OPPORTUNITY AND MICROLOAN. OUR PROGRAM BUSINESS MANAGERS BEGIN TO WORK CLOSELY WITH OUR FAMILIES TO TRAIN AND MENTOR THEM ON HOW TO SUCCESSFULLY OPERATE THEIR BUSINESS.EMPLOY - OUR PROGRAM BUSINESS MANAGERS WORK CLOSELY WITH OUR FAMILIES OVER THE NEXT TWO YEARS. WE THEN GRADUATE THESE FAMILIES FROM OUR PROGRAM WITH A SUCCESSFUL AND SUSTAINABLE BUSINESS.OUR FAMILY PRESERVATION PROGRAM SUCCESSFULLY SERVED 668 FAMILIES FOR 2,855 INDIVIDUALS IN ETHIOPIA AND KENYA DURING THIS REPORTING PERIOD.
IN ETHIOPIA, THERE WERE 467 FAMILIES THAT INCLUDED 1,794 TOTAL INDIVIDUALS SERVED. THE PROGRAM IS DEVELOPED IN 6 GEOGRAPHIC AREAS IN ETHIOPIA: BOLE BULBULA AND MESERET KRISTOS PROJECT AREAS NEAR THE CAPITAL CITY OF ADDIS ABABA; SHASHEMENE, HANICHA AND GUTUMUMA PROJECT AREAS IN THE SOUTHERN REGION; AND THE DEMBIDOLLO PROJECT AREA IN THE WESTERN REGION. THESE REGIONS WERE SELECTED DUE TO THE CONCENTRATION OF EXTREME POVERTY AS WELL AS ACCESS TO MARKETS FOR SMALL BUSINESS STARTS. THE PROGRAM SERVED 201 FAMILIES FOR 1,061 INDIVIDUALS IN KENYA. THE PROGRAM IS ALSO IN ONE OF THE LARGEST SLUMS IN THE WORLD: THE KIBERA SLUM IN NAIROBI, KENYA. THE PROJECT AREA WAS ALSO SELECTED DUE TO EXTREME POVERTY CONDITIONS, THE NEED FOR INTERVENTION AND GOOD OPPORTUNITY FOR SMALL BUSINESS SUCCESS FOR THE FAMILIES IN OUR PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Butler President | OfficerTrustee | 6 | $0 |
Ethan Bauer Vice President/secretary | OfficerTrustee | 4 | $0 |
Larry Cook Treasurer | Trustee | 2 | $0 |
Zetta Stam Director | Trustee | 2 | $0 |
Karen Osterling Director | Trustee | 2 | $0 |
Kelsey Wilkening 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 | $714,238 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $714,238 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $714,238 |
| 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 | $522,316 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,004 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,591 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,690 |
| Advertising and promotion | $650 |
| Office expenses | $3,521 |
| Information technology | $5,847 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $50,683 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,645 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,163 |
| All other expenses | $0 |
| Total functional expenses | $696,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $234,236 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $993 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $235,229 |
| Accounts payable and accrued expenses | $69,941 |
| 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 | $69,941 |
| Net assets without donor restrictions | $161,958 |
| Net assets with donor restrictions | $3,330 |
| 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 | $235,229 |