Impact Hope
- Assets
- $992.9k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Gladstone, OR
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 47-5040896
Organization Overview
Impact Hope is located in Gladstone, OR. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Impact Hope employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Hope 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 12/2023, Impact Hope generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 23.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SERVING CONGOLESE REFUGEES IN RWANDA AND HELPING THEM BETTER THEIR LIVES THROUGH EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER 650 REFUGEE STUDENTS HAVE BEEN ENROLLED IN SAFE BOARDING SCHOOLS. COVID-19 RELIEF FOOD AND HYGIENIC DISTRIBUTIONS WERE PROVIDED TO 650 REFUGEE STUDENTS AND THEIR FAMILIES.
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 |
|---|---|---|---|
Terrie Leen-Griebel Director | Trustee | 1 | $0 |
Hans Thygeson President | OfficerTrustee | 10 | $0 |
Yvonne Iwasa Director | Trustee | 1 | $0 |
Todd Gessele Director | Trustee | 1 | $0 |
Mindy Thygeson Vice Preside | OfficerTrustee | 1 | $0 |
Rachel Griebel Secretary | OfficerTrustee | 1 | $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 | $1,322,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,322,143 |
| Total Program Service Revenue | $0 |
| Investment income | $618 |
| 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 | $1,322,761 |
| 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. | $59,400 |
| Compensation of current officers, directors, key employees. | $6,534 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,241 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,517 |
| Payroll taxes | $11,536 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,061 |
| Advertising and promotion | $16,667 |
| Office expenses | $35,488 |
| Information technology | $6,831 |
| Royalties | $0 |
| Occupancy | $2,792 |
| Travel | $36,408 |
| 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 | $1,217 |
| Insurance | $1,527 |
| All other expenses | $14,376 |
| Total functional expenses | $1,505,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $976,472 |
| 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 | $0 |
| Net Land, buildings, and equipment | $10,979 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,493 |
| Total assets | $992,944 |
| Accounts payable and accrued expenses | $0 |
| 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 | $2,440 |
| Other liabilities | $64 |
| Total liabilities | $2,504 |
| Net assets without donor restrictions | $990,440 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $992,944 |
Grants Awarded
Over the last fiscal year, Impact Hope has awarded $510,778 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENIST DISASTER RELIEF AGENCY PURPOSE: FOR STUDENT TUITION | $504,928 |
DANIEL MIGAEL FOUNDATION INC PURPOSE: BETTER VISION BETTER HOPE PROGRAM | $5,850 |