Hope 4 Venezuela
- Assets
- $64.9k
- Revenue
- $200.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Jordan, MN
- Founding
- Data as of
- 12/2023
- EIN
- 84-4667660
Organization Overview
Hope 4 Venezuela is located in Jordan, MN. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Hope 4 Venezuela 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, Hope 4 Venezuela generated $200.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $181.7k during the year ending 12/2023. 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
HOPE 4 VENEZUELA DESIRES TO RESPOND TO THE CRISIS CURRENTLY TAKING PLACE IN VENEZUELA THROUGH MOBILIZATION OF THE CHURCH, THE SHARING OF THE GOSPEL, THE TRAINING OF LOCAL LEADERS, AND THE DISPERSION OF AID FOR THE GLORY OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2023, WE CONTINUED FOREIGN MINISTRY. WE OFFERED VACATION BIBLE SCHOOL, SPORTS MINISTRY, AND ADULTS MINISTRY. WE ARE BUILDING OUR 4TH BUILDING AND THE CONSTRUCTION IS GOING VERY WELL. THIS COMMUNITY IS HOME TO THE CHURCH PLANTED AS A RESULT OF THE DISCIPLES-MAKING INITIATIVE H4V STARTED BACK IN 2020. ABOUT 100 PEOPLE ATTEND THIS CHURCH, AND WE HAVE HAD MORE THAN 500 PEOPLE RECEIVING DISCIPLESHIP CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gessimar Araujo President & Director | OfficerTrustee | 40 | $47,000 |
Tim Whitmore Chairman Of The Board | Trustee | 3 | $0 |
Sharon Whitmore Director | Trustee | 2 | $0 |
Mike Waskosky Director | Trustee | 2 | $0 |
Lindy Waskosky Director | Trustee | 2 | $0 |
Peter Talbot Director | Trustee | 2 | $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 | $200,772 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,772 |
| 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 | $200,772 |
| 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 | $3,262 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $47,000 |
| Compensation of current officers, directors, key employees. | $15,667 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $83,485 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $250 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $735 |
| Total functional expenses | $181,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,885 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $64,885 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $64,885 |
| Net assets with donor restrictions | $0 |
| 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 | $64,885 |