Global Hope Inc
- Assets
- $171.6k
- Revenue
- $482.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Broomfield, CO
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 84-1357644
Organization Overview
Global Hope Inc is located in Broomfield, CO. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Global Hope Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Hope 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 12/2021, Global Hope Inc generated $482.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $416.7k during the year ending 12/2021. While expenses have increased by 2.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING CHURCHES, COMMUNITIES, FAMILIES, AND INDIVIDUALS AROUND THE WORLD TO PROVIDE CHRIST-CENTERED CARE THAT BUILDS SELF-SUFFICIENCY FOR ORPHANED AND VULNERABLE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT FOR A CHILDREN'S HOME (ANA'S HOUSE) HOLDING UP TO 12 CHILDREN IN ARAD, ROMANIA, AND FOR 6 CHILDREN IN LOCAL FOSTER FAMILIES. CHILDREN ARE BROUGHT OUT OF THE STATE ORPHANAGE SYSTEM AND RAISED IN THESE HOMES. CHILDCARE WORKERS AND HOUSE PARENTS ARE ALL MEMBERS OF THE CHRISTIAN COMMUNITY IN ROMANIA. NOW PROVIDING FULL SUPPORT FOR A CHILDREN'S HOME (HOUSE OF JOY) AND SUPPORT OF DAY CENTER OPERATION IN SIBIU, ROMANIA. PROVIDING CARE FOR UP TO 20 VULNERABLE CHILDREN INCLUDING EDUCATIONAL SUPPORT AND MEALS, IN A CHRISTIAN ENVIRONMENT.
PROVIDE SUPPORT FOR OPERATIONS OF THE HOPE FOR ORPHANS RESCUE CENTER (HOREC) NEAR NAIROBI, KENYA. HOREC IS HOME TO APPROXIMATELY 40 CHILDREN, AND MOST OF THEM HAVE LOST ONE OR BOTH PARENTS TO HIV/AIDS. MANY OF THEM ARE ALSO HIV POSITIVE AS WELL. ALSO, PROVIDE SUPPORT FOR THE SPRING VALLEY SCHOOL. SPRING VALLEY HOUSES BOTH RESCUED CHILDREN FROM THE LOCAL COMMUNITY AS WELL AS PROVIDES A SCHOOL AND FEEDING PROGRAM FOR LOCAL VULNERABLE CHILDREN. FINALLY, PROJECT SPECIFIC SUPPORT IS PROVIDED TO AN ORGANIZATION CALLED THE JEWELS OF OBAGA. THIS IS AN ORGANIZATION THAT SUPPORTS WIDOWS, WHO IN TURN CARE FOR ORPHANED OR AT-RISK CHILDREN.
PROVIDE SUPPORT FOR OPERATIONS OF MULTIPLE CHILDREN'S HOMES IN INDIA CARING FOR ORPHAN AND VULNERABLE CHILDREN. THIS INCLUDES UP TO 25 CHILDREN AT THE KATHRYN E. LARSEN CHILDREN'S HOME IN PALAKOL. IN ADDITION, SEVERAL HOMES IN HYDERABAD (10 CHILDREN/HOME): HOPE GIRLS HOME, HOPE BOYS HOME, PREMA GIRLS HOME, JOSHUA BOYS HOME, DANIEL BOYS HOME, AND ESTHER GIRLS HOME ALL PROVIDING CARE, EDUCATION, AND MEALS IN A CHRISTIAN ENVIRONMENT.
OTHER SPECIAL FUNDS AND PROJECTS PROVIDED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Weber Chairperson | OfficerTrustee | 1 | $0 |
Mike Traxler Vice Chairpe | OfficerTrustee | 1 | $0 |
Tracy Johnson Secretary | OfficerTrustee | 1 | $0 |
Kevin Conroy Treasurer | OfficerTrustee | 1 | $0 |
Shari Meisner Director | Trustee | 1 | $0 |
Julie Kronbach Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $413,978 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $441,378 |
| Total Program Service Revenue | $0 |
| Investment income | $167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $40,870 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $482,415 |
| 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 | $291,760 |
| 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 | $86,938 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,592 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,714 |
| Office expenses | $566 |
| Information technology | $6,941 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24 |
| 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 | $1,494 |
| All other expenses | $0 |
| Total functional expenses | $416,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,339 |
| Savings and temporary cash investments | $55,878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $13,417 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $171,634 |
| Accounts payable and accrued expenses | $540 |
| 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 | $540 |
| Net assets without donor restrictions | $92,543 |
| Net assets with donor restrictions | $78,551 |
| 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 | $171,634 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Global Hope Inc has recieved totaling $2,436.
| Awarding Organization | Amount |
|---|---|
Arthur J Gallagher Foundation Rolling Meadows, IL PURPOSE: GENERAL EXEMPT PURPOSE | $1,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Lumen Clarke M Williams Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $186 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Living Neighborhoods Englewood, CO | $224,341,637 | $68,240,806 |
Andrew Wommack Ministries Inc Woodland Park, CO | $3,718,119 | $49,366,853 |
Frontiers Usa Phoenix, AZ | $21,110,620 | $36,556,098 |
Greater Europe Mission Monument, CO | $16,565,205 | $26,305,521 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Biblica Inc Colorado Springs, CO | $12,948,977 | $27,586,140 |
Health Ministries Clinic Inc Newton, KS | $19,446,224 | $22,871,961 |
Foundation For A Christian Civilization Inc Rossville, KS | $19,284,785 | $19,952,584 |
Neighborhood Ministries Inc Phoenix, AZ | $8,839,353 | $14,695,989 |
Community Bible Study Colorado Springs, CO | $19,076,306 | $12,975,441 |
Cadence International Englewood, CO | $9,762,190 | $12,602,895 |
Youth For Christ International Ministries Englewood, CO | $7,359,781 | $13,249,220 |