Restoring Hope Nepal
- Assets
- $102.6k
- Revenue
- $480.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Victor, MT
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 81-4812034
Organization Overview
Restoring Hope Nepal is located in Victor, MT. The organization was established in 2017. 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. As of 12/2023, Restoring Hope Nepal employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restoring Hope Nepal 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, Restoring Hope Nepal generated $480.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $408.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 5 years. 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
RESTORING HOPE TO ORPHANS & TRAFFICKED WOMEN IN NEPAL (FUNDRAISING AND PRAYER SUPPORT TO MINISTRIES OVERSEAS).
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAFE HOUSE - THE SAFE HOUSE WAS ESTABLISHED IN RESPONSE TO A NEED FOR VOCATIONAL TRAINING FOR RESCUED SEX WORKERS, TO PROVIDE AN ALTERNATIVE FOR WOMEN DESIRING TO LEAVE THE WORK OF THE BROTHELS. EACH RESIDENT RECEIVES COUNSELING AND VOCATIONAL TRAINING, AS WELL AS THE OPPORTUNITY TO STUDY TRADITIONAL SCHOOL SUBJECTS, WHILE LEARNING OTHER LIFE SKILLS.
MISSIONS TRIPS - A KEY PART OF RAISING AWARENESS FOR THE MINISTRY AND ITS NEEDS IS THROUGH FACILITATING SHORT-TERM MISSION TEAMS INTO NEPAL. A SECONDARY PURPOSE OF THE TEAM IS TO TAKE IN SUPPLIES IN THE FORMS OF GOODS AND MONEY FOR THE DAY-TO-DAY OPERATIONS OF THE HOMES. ALL TEAM MEMBERS RAISE THEIR OWN SUPPORT, SO THAT NO DONOR FUNDS ARE TAKEN FROM THE GENERAL POOL.
CHILDREN'S HOMES - TWO CHILDREN'S HOMES ARE SUPPORTED IN PART BY DONATIONS FROM RESTORING HOPE NEPAL. THESE HOMES PROVIDE CARE AND EDUCATION FOR ORPHANED CHILDREN IN NEPAL.
LEPER COLONY - SUPPORT FOR A LEPER COLONY IN NEPAL SUPPLEMENTS NUTRITIONAL NEEDS FOR 200+ INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leah Duke Operations Manager | Officer | 15 | $19,350 |
Glenn W Flint Executive Director | OfficerTrustee | 10 | $14,400 |
Cheri Paxton President | OfficerTrustee | 3 | $0 |
Martha Ilgenfritz Secretary | OfficerTrustee | 2 | $0 |
James Cordle Treasurer | OfficerTrustee | 2 | $0 |
James Stengel Board Member | 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 | $480,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $480,850 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $480,850 |
| 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 | $271,930 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $35,626 |
| Compensation of current officers, directors, key employees. | $26,719 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $600 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,252 |
| Office expenses | $6,284 |
| Information technology | $504 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $79,666 |
| 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 | $0 |
| Insurance | $1,769 |
| All other expenses | $0 |
| Total functional expenses | $408,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,128 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,500 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $102,628 |
| Accounts payable and accrued expenses | $6,361 |
| 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 | $6,361 |
| Net assets without donor restrictions | $32,789 |
| Net assets with donor restrictions | $63,478 |
| 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 | $102,628 |