African Vision Of Hope
- Assets
- $2.9m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 14
- Location
- Maryville, IL
- Founding
- 06/2005
- Data as of
- 12/2023
- EIN
- 71-0929252
Organization Overview
African Vision Of Hope is located in Maryville, IL. The organization was established in 2005. 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. As of 12/2023, African Vision Of Hope employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African Vision Of 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, African Vision Of Hope generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $3.3m during the year ending 12/2023. While expenses have increased by 15.3% per year over the past 9 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
CARE FOR ORPHANED & VULNERABLE CHILDREN IN ZAMBIA TO ALLEVIATE POVERTY & PROMOTE LOVE & DIGNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AFRICAN VISION OF HOPE ASPIRES TO SEE EVERY CHILD AND FAMILY IN ZAMBIA FREED FROM EXTREME POVERTY AND EMPOWERED TO FULFILL GOD'S PURPOSE FOR THEIR LIVES. FOUNDED OVER 23 YEARS AGO, AFRICAN VISION OF HOPE NOW SERVES 5,006 STUDENTS IN 2023 AND EMPLOYS 149 STAFF MEMBERS. SINCE ITS INCEPTION, 1,128 STUDENTS HAVE GRADUATED FROM AFRICAN VISION OF HOPE SCHOOLS. TO CONTINUE DEVELOPING THE FUTURE OF ZAMBIA, AFRICAN VISION OF HOPE HAS FOCUSED ON INVESTING IN INNOVATION. THIS INCLUDES LAUNCHING ROBOTICS PROGRAMS AT EACH OF ITS SIX SCHOOLS, CONSTRUCTING SIX NEW SCIENCE LABS, AND OPENING ZAMBIA'S FIRST STEM SECONDARY SCHOOL IN MAY 2023. THE CHILDREN OF ZAMBIA ARE BEING EQUIPPED TO BE GODLY LEADERS AND INNOVATORS FOR THEIR NATION.
SOCIAL & MEDICAL AFRICAN VISION OF HOPE PLACES GREAT EMPHASIS ON PROVIDING CHILDREN WITH CLEAN WATER, NUTRITION, AND MEDICAL CARE TO ENSURE THEY LEAD HEALTHY AND SAFE CHILDHOODS. GLOBALLY, WOMEN AND CHILDREN SPEND 200 MILLION HOURS A DAY HAULING WATER, WHICH PREVENTS MANY YOUNG GIRLS FROM STAYING IN SCHOOL. IN RESPONSE TO THIS, AFRICAN VISION OF HOPE CONSTRUCTED TWO ADDITIONAL WELLS AT THE CHONGWE SCHOOL CAMPUS TO REDUCE THE AMOUNT OF TIME WOMEN AND CHILDREN SPEND COLLECTING WATER. IN 2023, AFRICAN VISION OF HOPE ALSO PROVIDED KEY MEDICAL CARE TO OVER 1,740 STUDENTS, TREATING THE MOST COMMON ILLNESSES INCLUDING MALARIA, WORMS, MALNUTRITION, AND DIARRHEA - THE LEADING CAUSES OF DEATH IN CHILDREN.
COMMUNITY DEVELOPMENT AFRICAN VISION OF HOPE STRIVES TO PROVIDE A HEALTHY AND SAVE LIVING ENVIRONMENT FOR EVERY CHILD TO ENSURE THEY CAN FOCUS ON BEING A CHILD AND RECEIVING AN EDUCATION. TO ACHIEVE THIS, FOUR RESCUE HOMES WERE CONSTRUCTED IN 2023 TO PROVIDE SAFE SHELTER AND CARE TO 201 CHILDREN. IN ADDITION, TWO SANITATION FACILITIES WERE CONSTRUCTED FOR MALE AND FEMALE RESIDENTS, EQUIPPED WITH PRIVATE SHOWERS AND TOILETS. FUTHERMORE, A CHAPEL WAS CONSTRUCTED FOR CHILDREN TO SPEND TIME LEARNING AND WORSHIPING GOD. IN 2023, AFRICAN VISION OF HOPE ALSO WITNESSED A POSITIVE CHANGE IN CULTURAL TRENDS IN ZAMBIA THROUGH THE IMPLEMENTATION OF FREE EDUCATION, RESULTING IN AN INCREASE IN THE FEMALE STUDENT POPULATION TO 50% OF THE TOTAL STUDENT POPULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President/ceo | OfficerTrustee | 60 | $115,780 |
Name Not Listed Director | Trustee | 5 | $0 |
Name Not Listed Director | Trustee | 5 | $0 |
Name Not Listed Director | Trustee | 5 | $0 |
Name Not Listed Director | Trustee | 5 | $0 |
Name Not Listed Secretary & Acting Treasur | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $295,820 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,351,577 |
| Noncash contributions included in lines 1a–1f | $971,814 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,647,397 |
| Total Program Service Revenue | $0 |
| Investment income | $50,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$32,866 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$716 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,664,213 |
| 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 | $2,472,429 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,239 |
| Compensation of current officers, directors, key employees. | $21,994 |
| Compensation to disqualified persons | $45,113 |
| Other salaries and wages | $285,125 |
| Pension plan accruals and contributions | $864 |
| Other employee benefits | $8,118 |
| Payroll taxes | $1,392 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $590 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,305 |
| Advertising and promotion | $0 |
| Office expenses | $51,701 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,365 |
| Travel | $6,243 |
| 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 | $228 |
| Insurance | $7,580 |
| All other expenses | $6,293 |
| Total functional expenses | $3,256,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $582,275 |
| Savings and temporary cash investments | $1,717,718 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,713 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $565,853 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,384 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,872,943 |
| Accounts payable and accrued expenses | $11,782 |
| 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 | $11,782 |
| Net assets without donor restrictions | $1,503,637 |
| Net assets with donor restrictions | $1,357,524 |
| 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 | $2,872,943 |