Growing Hope Globally
- Assets
- $4.2m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 9
- Location
- Western Springs, IL
- Founding
- 12/1999
- Data as of
- 03/2024
- EIN
- 54-1940516
Organization Overview
Growing Hope Globally is located in Western Springs, IL. The organization was established in 1999. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 03/2024, Growing Hope Globally employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growing Hope Globally 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 03/2024, Growing Hope Globally generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $3.0m during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Growing Hope Globally has awarded 80 individual grants totaling $15,709,381. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LASTING SOLUTIONS TO HUNGER
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROWING PROJECTS BRING U.S. FARMERS, CHURCHES AND COMMUNITIES TOGETHER LOCALLY TO MAKE A GLOBAL DIFFERENCE BY GROWING CROPS, RAISING ANIMALS OR DOING OTHER ACTIVITIES TO RAISE SUPPORT AND AWARENESS FOR AGRICULTURAL DEVELOPMENT PROGRAMS AROUND THE WORLD. GROWING HOPE GLOBALLY FUNDS MORE THAN 40 AGRICULTURAL DEVELOPMENT PROGRAMS EACH YEAR THROUGH OUR IMPLEMENTING PARTNERS IN MORE THAN 20 COUNTRIES IN AFRICA, ASIA, SOUTH AND CENTRAL AMERICA AND THE CARIBBEAN. GROWING HOPE GLOBALLY VISITS 15-20 OVERSEAS PROGRAMS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Skunes Chairman | OfficerTrustee | 2 | $0 |
Karis Gutter 1st Vice Chair | OfficerTrustee | 1 | $0 |
Carol Bremer-Bennett 2nd Vice Chair | OfficerTrustee | 1 | $0 |
Dwight Rohrer Treasurer | OfficerTrustee | 1 | $0 |
Jerry Lundeen Director | Trustee | 1 | $0 |
Jim Rufenacht Director | Trustee | 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 | $2,463,672 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,463,672 |
| Total Program Service Revenue | $304,540 |
| Investment income | $120,935 |
| 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 | $2,889,147 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,068,936 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $63,909 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $199,293 |
| Compensation of current officers, directors, key employees. | $12,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,994 |
| Pension plan accruals and contributions | $22,990 |
| Other employee benefits | $34,003 |
| Payroll taxes | $32,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,718 |
| Advertising and promotion | $5,200 |
| Office expenses | $29,315 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,159 |
| Travel | $58,477 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,489 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,326 |
| Insurance | $6,002 |
| All other expenses | $0 |
| Total functional expenses | $2,963,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243,337 |
| Savings and temporary cash investments | $3,491,826 |
| Pledges and grants receivable | $2,057 |
| Accounts receivable, net | $289,902 |
| 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 | $42,720 |
| Investments—publicly traded securities | $120,823 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,190,665 |
| Accounts payable and accrued expenses | $7,229 |
| Grants payable | $0 |
| Deferred revenue | $239,969 |
| 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 | $247,198 |
| Net assets without donor restrictions | $1,222,612 |
| Net assets with donor restrictions | $2,720,855 |
| 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 | $4,190,665 |
Grants Awarded
Over the last fiscal year, Growing Hope Globally has awarded $2,055,516 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHURCH WORLD SERVICE PURPOSE: OVERSEAS PROGRAMS | $503,501 |
CATHOLIC RELIEF SERVICES PURPOSE: OVERSEAS PROGRAMS | $225,607 |
LUTHERAN WORLD RELIEF PURPOSE: OVERSEAS PROGRAMS | $148,409 |
NAZARENE COMPASSIONATE MINISTRIES PURPOSE: OVERSEAS PROGRAMS | $38,197 |
MENNONITE CENTRAL COMMITTEE PURPOSE: OVERSEAS PROGRAMS | $255,900 |
UNITED METHODIST COMMITTEE ON RELIEF PURPOSE: OVERSEAS PROGRAMS | $20,000 |