Infinite Hope International Inc
- Assets
- $19.2k
- Revenue
- $95.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Petaluma, CA
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 81-2073424
Organization Overview
Infinite Hope International Inc is located in Petaluma, CA. The organization was established in 2018. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Infinite Hope International 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 12/2023, Infinite Hope International Inc generated $95.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $119.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFINITE HOPE INTERNATIONAL PROVIDED SCHOLARSHIPS, GRANTS AND BENEVOLENT GIVING TO INDIVIDUALS AND ORGANIZATIONS IN BOTH THE US AND KENYA. THIS CHARITABLE GIVING AND BENEVOLENT ASSISTANCE HELPED PROVIDE EDUCATIONAL AS WELL AS SERVE THE INDIGENT POPULATIONS IN BOTH COUNTRIES.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Ashlock Secretary / Treasurer | 1 | $0 | |
Matthew Ashlock President | 1 | $0 | |
Sally Wirthman Director | 1 | $0 | |
Jennifer Hayes Director | 1 | $0 | |
James Huntsman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $95,279 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $95,279 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,503 |
| Printing and publications | $0 |
| Other expenses | $8,752 |
| Total operating and administrative expenses | $19,923 |
| Contributions, gifts, grants paid | $99,702 |
| Total expenses and disbursements | $119,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,221 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,221 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Infinite Hope International Inc has awarded $99,794 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BETHEL SCHOOL OF MINISTRY PURPOSE: DONATION TO A DOMESTIC REGISTERED CHARITABLE ORGANIZATION. | $63,000 |
INDIGENT GIVING TO INDIVIDUALS PURPOSE: DONATIONS TO INDIGENT INDIVIDUALS TOTALLY LESS THAN 1,000 EACH. | $2,250 |
GROUNDED IN LOVE MINISTRIES PURPOSE: DONATION TO AN INTERNATIONAL REGISTERED CHARITABLE ORGANIZATION. | $34,544 |