Global Hope Inc
- Assets
- $254.6k
- Revenue
- $709.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Broomfield, CO
- Founding
- 05/1997
- Data as of
- 12/2023
- EIN
- 84-1357644
Organization Overview
Global Hope Inc is located in Broomfield, CO. The organization was established in 1997. 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, Global Hope Inc employed 3 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 12/2023, Global Hope Inc generated $709.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $753.7k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 9 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
2023
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
ROMANIA 2023 ACCOMPLISHMENTS: ORGANIZATIONAL GROWTH IS SUPPORTED THROUGH THE RECRUITMENT AND HIRING OF NEW FULL-TIME EXECUTIVE DIRECTOR. TEAM CONTINUES TO FOCUS ON EXPANDING OUTREACH AND SHARING OUR STORY. - ATTENDED 'BEYOND THESE DOORS' CONFERENCE IN HOUSTON (EXECUTIVE DIRECTOR, DIRECTOR OF GENEROSITY). - GLOBAL HOPE IS AN APPROVED MISSION PARTNER. ORGANIZED & HOSTED NIGHT OF INSPIRATION EVENTS HELD AT TWO DIFFERENT CHURCHES. - SUPPORTED SPECIAL APPEAL PROJECTS FOR NEW WASHING MACHINES AT KEL IN INDIA. - SPONSORED MISSION TEAMS VISITS TO ROMANIA IN MAY 2023. 2024 GOALS: - HIRE NEW DIRECTOR OF GENEROSITY AS PRIOR INCUMBENT RETIRES. - FOCUS ON IMPROVED OPERATIONAL CONTROLS, IMPLEMENTING NEW TOOLS FOR EXPENSES AND BILL REPORTING AS WELL AS NEW PAYROLL SYSTEM. - EVALUATE AND ESTABLISH PARTNER STRENGTHENING AREAS OF FOCUS FOR EACH LOCATION. - ESTABLISH A MISSION TEAM TASK FORCE TO DEVELOP STRATEGY FOR MISSION TRIPS MOVING FORWARD. - IMPLEMENT/STRENGTHEN OPERATIONAL AND GOVERNANCE PRACTICES IN ORDER TO SUPPORT CONTINUED GROWTH.
OTHER SPECIAL FUNDS AND MISSION TEAMS 2023 ACCOMPLISHMENTS: ORGANIZATIONAL GROWTH IS SUPPORTED THROUGH THE RECRUITMENT AND HIRING OF NEW FULL-TIME EXECUTIVE DIRECTOR. TEAM CONTINUES TO FOCUS ON EXPANDING OUTREACH AND SHARING OUR STORY. - ATTENDED 'BEYOND THESE DOORS' CONFERENCE IN HOUSTON (EXECUTIVE DIRECTOR, DIRECTOR OF GENEROSITY). - GLOBAL HOPE IS AN APPROVED MISSION PARTNER. - ORGANIZED & HOSTED NIGHT OF INSPIRATION EVENTS HELD AT TWO DIFFERENT CHURCHES. - SUPPORTED SPECIAL APPEAL PROJECTS FOR NEW WASHING MACHINES AT KEL IN INDIA. 2024 GOALS: - HIRE NEW DIRECTOR OF GENEROSITY AS PRIOR INCUMBENT RETIRES. - FOCUS ON IMPROVED OPERATIONAL CONTROLS, IMPLEMENTING NEW TOOLS FOR EXPENSES AND BILL REPORTING AS WELL AS NEW PAYROLL SYSTEM. - EVALUATE AND ESTABLISH PARTNER STRENGTHENING AREAS OF FOCUS FOR EACH LOCATION. - ESTABLISH A MISSION TEAM TASK FORCE TO DEVELOP STRATEGY FOR MISSION TRIPS MOVING FORWARD. - IMPLEMENT/STRENGTHEN OPERATIONAL AND GOVERNANCE PRACTICES IN ORDER TO SUPPORT CONTINUED GROWTH.
KENYA 2023 ACCOMPLISHMENTS: ORGANIZATIONAL GROWTH IS SUPPORTED THROUGH THE RECRUITMENT AND HIRING OF NEW FULL-TIME EXECUTIVE DIRECTOR. TEAM CONTINUES TO FOCUS ON EXPANDING OUTREACH AND SHARING OUR STORY. - ATTENDED 'BEYOND THESE DOORS' CONFERENCE IN HOUSTON (EXECUTIVE DIRECTOR, DIRECTOR OF GENEROSITY). - GLOBAL HOPE IS AN APPROVED MISSION PARTNER. - ORGANIZED & HOSTED NIGHT OF INSPIRATION EVENTS HELD AT TWO DIFFERENT CHURCHES. - SUPPORTED SPECIAL APPEAL PROJECTS FOR NEW WASHING MACHINES AT KEL IN INDIA. - SPONSORED MISSION TEAMS VISITS TO KENYA IN OCTOBER 2023. 2024 GOALS: - HIRE NEW DIRECTOR OF GENEROSITY AS PRIOR INCUMBENT RETIRES. - FOCUS ON IMPROVED OPERATIONAL CONTROLS, IMPLEMENTING NEW TOOLS FOR EXPENSES AND BILL REPORTING AS WELL AS NEW PAYROLL SYSTEM. - EVALUATE AND ESTABLISH PARTNER STRENGTHENING AREAS OF FOCUS FOR EACH LOCATION. - ESTABLISH A MISSION TEAM TASK FORCE TO DEVELOP STRATEGY FOR MISSION TRIPS MOVING FORWARD. - IMPLEMENT/STRENGTHEN OPERATIONAL AND GOVERNANCE PRACTICES IN ORDER TO SUPPORT CONTINUED GROWTH.
INDIA 2023 ACCOMPLISHMENTS: ORGANIZATIONAL GROWTH IS SUPPORTED THROUGH THE RECRUITMENT AND HIRING OF NEW FULL-TIME EXECUTIVE DIRECTOR. TEAM CONTINUES TO FOCUS ON EXPANDING OUTREACH AND SHARING OUR STORY. - ATTENDED 'BEYOND THESE DOORS' CONFERENCE IN HOUSTON (EXECUTIVE DIRECTOR, DIRECTOR OF GENEROSITY). - GLOBAL HOPE IS AN APPROVED MISSION PARTNER. - ORGANIZED & HOSTED NIGHT OF INSPIRATION EVENTS HELD AT TWO DIFFERENT CHURCHES. - SUPPORTED SPECIAL APPEAL PROJECTS FOR NEW WASHING MACHINES AT KEL IN INDIA. - SPONSORED MISSION TEAMS VISITS TO INDIA IN FEBRUARY 2023. 2024 GOALS: - HIRE NEW DIRECTOR OF GENEROSITY AS PRIOR INCUMBENT RETIRES. - FOCUS ON IMPROVED OPERATIONAL CONTROLS, IMPLEMENTING NEW TOOLS FOR EXPENSES AND BILL REPORTING AS WELL AS NEW PAYROLL SYSTEM. - EVALUATE AND ESTABLISH PARTNER STRENGTHENING AREAS OF FOCUS FOR EACH LOCATION. - ESTABLISH A MISSION TEAM TASK FORCE TO DEVELOP STRATEGY FOR MISSION TRIPS MOVING FORWARD. - IMPLEMENT/STRENGTHEN OPERATIONAL AND GOVERNANCE PRACTICES IN ORDER TO SUPPORT CONTINUED GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Weber Chairperson | OfficerTrustee | 10 | $0 |
Remington Rabins Vice Chair | OfficerTrustee | 10 | $0 |
Brenda Brown Treasurer | OfficerTrustee | 10 | $0 |
Benjamin Flaim Secretary | OfficerTrustee | 10 | $0 |
Wilson Groen Director | Trustee | 10 | $0 |
Bob Kaylor Director | Trustee | 10 | $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 | $570,320 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $570,320 |
| Total Program Service Revenue | $0 |
| Investment income | $1,546 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $137,526 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $709,392 |
| 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 | $571,307 |
| 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 | $124,525 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,756 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,177 |
| Office expenses | $1,074 |
| Information technology | $7,743 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,090 |
| 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 | $1,632 |
| All other expenses | $0 |
| Total functional expenses | $753,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,117 |
| Savings and temporary cash investments | $102,383 |
| 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 | $5,120 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $254,620 |
| Accounts payable and accrued expenses | $720 |
| 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 | $720 |
| Net assets without donor restrictions | $208,051 |
| Net assets with donor restrictions | $45,849 |
| 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 | $254,620 |