Hopes Promise, operating under the name Orphan Care Ministries Of Hopes, is located in Castle Rock, CO. The organization was established in 1992. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2022, Orphan Care Ministries Of Hopes employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orphan Care Ministries Of Hopes 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, Orphan Care Ministries Of Hopes generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 7 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
TO TRANSFORM LIVES THROUGH THE CHRISTIAN MINISTRY OF FOSTER CARE, ADOPTION AND ORPHAN CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADOPTION SERVICES, FAMILY COUNSELING AND SUPPORT: HOPE'S PROMISE IS A CHRISTIAN, NON-PROFIT CHILD PLACEMENT AGENCY, LICENSED BY THE STATE OF COLORADO AND ACCREDITED BY THE COUNCIL ON ACCREDITATION. THROUGH OUR ADOPTION PROGRAM, HOPE'S PROMISE OFFERS SERVICES WHICH INCLUDE INTERCOUNTRY ADOPTION, DOMESTIC ADOPTION, PREGNANCY COUNSELING, AND POST ADOPTION SUPPORT GROUPS. IN 2022, WE COUNSELD 53 EXPECTANT PARENTS ABOUT THEIR PREGNANCY OPTIONS, APPROVED 21 HOME STUDIES FOR POTENTIAL ADOPTIVE FAMILIES, AND PLACED 17 CHILDREN FOR ADOPTION. WE ALSO PROVIDED ADOPTION EDUCATION AND TRAINING TO 61 PROFESSIONALS IN THE COLORADO COMMUNITY. OUR GOALS FOR 2023 INCLUDE DEVELOPING OUR CARE FUND PROGRAM SO THAT WE CAN CONTINUE TO PROVIDE FINANCIAL SUPPORT TO WOMEN EXPERIENCING UNINTENDED PREGNANCY, EVEN IF THEY DO NOT CHOOSE ADOPTION AND EXPANDING OUR PARTNERSHIPS WITH OUT-OF-STATE PLACING AGENCIES.
ORPHAN CARE PROVIDES CHRISTIAN HUMANITARIAN AID FOR FATHERLESS AND ORPHANED CHILDREN THROUGHOUT THE WORLD: BELEIVING GOD DESIGNED FAMILIES AS THE BEST PLACE TO NURTURE CHILDREN TO THRIVE AND BE EMPOWERED, WE PLACE AND SUPPORT ORPHANED AND VULNERABLE CHILDREN IN THE HOLISTIC CARE OF BIOLOGOCIAL RELATIVES WHEN POSSIBLE AND WITH NON-RELATIVE CAREGIVERS WHEN NEEDED. IN 2022, WE CARED FOR 56 ORPHANED CHILDREN IN NON-RELATIVE BASED CARE FAMILIES IN KENYA, NEPAL, AND VIETNAM. WE ADDED SIXTY CHILDREN TO OUR FAMILY PRESERVATION PROGRAM IN VIETNAM, SERVING A TOTAL OF 180 CHILDREN. WE CARED FOR 66 ORPHANED AND VULNERABLE CHILDREN IN RELATIVE BASED FAMILIES IN KENYA AND ZIMBABWE, ADDING EIGHTEEN CHILDREN TO OUR PROGRAM IN KENYA. WE CREATED ONE VIRTUAL EXPERIENCE "TRIP" TO KENYA FOR A TOTAL OF 22 PEOPLE.
FOSTER CARE: CHILDREN LIVING IN COLORADO NEED SAFE AND STABLE HOMES. OFTEN BIOLOGICAL FAMILIES NEED LOVE, SUPPORT, AND NURTURING. HOPE'S PROMISE FOSTER CARE PROGRAM PROVIDES AN OPPORTUNITY TO INVEST IN THE STABILITY AND PERMANENCY OF COLORADO FAMILIES BY SUPPORTING REUNIFICATION EFFORTS FOR YOUTH IN FOSTER CARE. IN 2022, WE CERTIFIED 3 NEW FOSTER FAMILIES AND RECERTIFIED 3 FOSTER FAMILIES. A TOTAL OF 8 YOUTH WERE SERVED THROUGH OUR FOSTER CARE PROGRAM. OUR GOALS FOR 2023 INCLUDE CERTIFYING AND TRAINING AT LEAST 6 MORE FOSTER FAMILIES AND EXPANDING RELATIONSHIPS WITH THE COUNTY DEPARTMENT OF HUMAN SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Beth Sheveland Chairman | OfficerTrustee | 1 | $0 |
David Briggs Vice Chairma | OfficerTrustee | 1 | $0 |
Eric Varner Treasurer | OfficerTrustee | 1 | $0 |
Russell Debenport Director | Trustee | 1 | $0 |
Becky Huffman Director | Trustee | 1 | $0 |
Danny Mendez Director | Trustee | 1 | $0 |
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 | $723,373 |
Noncash contributions included in lines 1a–1f | $22,600 |
Total Revenue from Contributions, Gifts, Grants & Similar | $723,373 |
Total Program Service Revenue | $442,353 |
Investment income | $700 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $35,301 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,201,727 |
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 | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $97,829 |
Compensation of current officers, directors, key employees. | $19,566 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $613,390 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $27,331 |
Payroll taxes | $45,499 |
Fees for services: Management | $0 |
Fees for services: Legal | $353 |
Fees for services: Accounting | $6,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $750 |
Advertising and promotion | $29,297 |
Office expenses | $19,220 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $28,524 |
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 | $8,152 |
Insurance | $21,014 |
All other expenses | $82,594 |
Total functional expenses | $1,296,268 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $617,667 |
Savings and temporary cash investments | $158,682 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $15,547 |
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 | $38,385 |
Net Land, buildings, and equipment | $89,954 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $551,728 |
Total assets | $1,471,963 |
Accounts payable and accrued expenses | $47,495 |
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 | $564,978 |
Total liabilities | $612,473 |
Net assets without donor restrictions | $736,353 |
Net assets with donor restrictions | $123,137 |
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 | $1,471,963 |