Hope Connecting Hearts Nigeria Inc
- Assets
- $677.9k
- Revenue
- $453.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 08/2013
- Data as of
- 12/2022
- EIN
- 80-0865069
Organization Overview
Hope Connecting Hearts Nigeria Inc is located in Omaha, NE. The organization was established in 2013. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Connecting Hearts Nigeria 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 12/2022, Hope Connecting Hearts Nigeria Inc generated $453.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $235.7k during the year ending 12/2022. While expenses have increased by 10.4% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF HCHN IS TO GIVE AND SUSTAIN HOPE AND BREAK THE CIRCLE OF POVERTY BY MAKING EDUCATION AFFORDABLE AND ACCESSIBLE TO RURAL CHILDREN IN THE REMOTE REGIONS OF NIGERIA. WE HELP BUILD SCHOOLS, EDUCATE YOUNG PEOPLE, AND PROMOTE COMMUNITY HEALTH AND WELL-BEING THROUGH THE BOND OF CHARITY AND SOLIDARITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THESE FUNDS WERE WIRE TRANSFERRED TO THE MINNA CATHOLIC DIOCESE BANK ACCOUNT IN NIGERIA SO THE SCHOOL IN GARAM, NIGERIA COULD PURCHASE LAND FOR EXPANSION AND ALLOW THE SCHOOL TO RAISE LIVESTOCK AND CROPS ENABLING THE SCHOOL TO BE MORE SELF SUFFICENT AND THE ABILITY TO PROVIDE FOOD FOR THE LUNCH PROGRAM. THIS ALSO WILL ALLOW STUDENTS TO HELP IN RAISING THE LIVESTOCK AND CROPS.
THESE FUNDS WERE WIRE TRANSFERRED TO THE MINNA CATHOLIC DIOCESE BANK ACCOUNT TO FEED THE CHILDREN IN ERENA BY PROVIDING (1) A 3 DAY PER WEEK LUNCH PROGRAM FOR 450 STUDENTS, (2) PURCHASING 400 LAYER CHICKENS TO SUPPLEMENT THE LUNCH PROGRAM.
THESE FUNDS WERE WIRE TRANSFERRED TO THE MINNA CATHOLIC DIOCESE BANK ACCOUNT IN NIGERIA TWICE A YEAR TO PURCHASE TOOTHPASTE AND TOOTHBRUSHES FOR 1,100 STUDENTS AND SHOWING THEM HOW TO PROPERLY BRUSH THEIR TEETH, THUS IMPROVING DENTAL HYGIENE. IN ADDITION, MONEY WAS SENT FOR SANDALS FOR KIDS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reverend Father Kizito Okhuoya Executive Director | Trustee | 10 | $0 |
Jeff Bortolotti Chair | Officer | 1 | $0 |
Bill Agnew Vice Chair | Officer | 1 | $0 |
Mark Bishoff Treasurer | Officer | 10 | $0 |
Therese Farnsworth Secretary | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $158,045 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $333,427 |
| Noncash contributions included in lines 1a–1f | $34,902 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $491,472 |
| Total Program Service Revenue | $0 |
| Investment income | $1,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$40,024 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $453,097 |
| 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 | $216,354 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,067 |
| Office expenses | $966 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $3,600 |
| Insurance | $2,020 |
| All other expenses | $0 |
| Total functional expenses | $235,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,787 |
| Savings and temporary cash investments | $556,956 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $494 |
| 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 | $3,665 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $677,902 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $677,902 |
| 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 | $677,902 |