Global Hope Partners
- Assets
- $558.9k
- Revenue
- $616.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Bloomingdale, IL
- Founding
- Data as of
- 03/2024
- EIN
- 87-1179283
Organization Overview
Global Hope Partners is located in Bloomingdale, IL. 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 03/2024, Global Hope Partners employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Hope Partners 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 03/2024, Global Hope Partners generated $616.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $747.4k during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO PROVIDING A RESOURCE PLATFORM FOR ENGAGING LOCAL AND GLOBAL PARTNERSHIPS THAT DEVELOP AND SUPPORT A HUMANITARIAN MOVEMENT OF HOLISTIC PHYSICAL, EDUCATION, EMOTIONAL AND SPIRITUAL COMMUNITY DEVELOPMENT FOR THE GREATER GOOD OF CHILDREN, YOUTH AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH HUMANITARIAN AID MINISTRIES, MEN, WOMEN, AND CHILDREN IMPROVE THEIR CIRCUMSTANCES AND SEE LIFE BEYOND THE STRUGGLE TO SURVIVE. THEY DISCOVER THAT THEIR LIVES HAVE GREAT VALUE AS THEY RECEIVE PRACTICAL CARE THROUGH SUCH EFFORTS AS SOY MILK DISTRIBUTION, MEALS FOR RAGPICKERS AND SCHOOL CHILDREN, MEDICAL CAMPS, WELL INSTALLATION, FLOOD RELIEF, AND ONGOING CARE FOR WIDOWS.
GLOBAL HOPE PARTNERS COMMUNITY DEVELOPMENT INCLUDES EMPOWERING MEN AND WOMEN THROUGH VOCATIONAL AND LEADERSHIP TRAINING WHERE LOCAL LEADERS ARE MOBILIZED TO HELP OTHERS AND SPREAD THE IMPACT TO THEIR FAMILIES, BUSINESSES AND COMMUNITIES. THIS INCLUDES JOB SKILLS TRAINING AND OTHER PROGRAMMING TO BOLSTER LOCAL COMMUNITIES, LEADERSHIP TRAINING, AND EMPOWERING WOMEN TO CONTRIBUTE FINANCIALLY TO THEIR HOUSEHOLDS.
OUR EDUCATION PROGRAMS CHANGE THE TRAJECTORY OF CHILDRENS LIVES BY PROVIDING ACCESS TO EDUCATION TO CHILDREN WHOSE LIFE CIRCUMSTANCES PREVIOUSLY WOULD NOT ALLOW IT. WE FIRMLY BELIEVE EDUCATION IS THE BEST WAY TO HELP CHILDREN ESCAPE AND STAY OUT OF POVERTY. GLOBAL HOPE PARTNERS EDUCATION PROGRAMS INCLUDE 2 FULL-TIME SCHOOLS IN 2 COUNTRIES, 2 RESIDENTIAL HOMES FOR CHILDREN AND SUPPORT FOR CONTINUING EDUCATION THROUGH SCHOLARSHIPS AND FINANCIAL AID.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Pereira President & CEO | OfficerTrustee | 50 | $46,754 |
James Charlton Chairman | OfficerTrustee | 1 | $0 |
Whitney Denton Vice Chair | OfficerTrustee | 1 | $0 |
Rebecca Lockaby Secretary | OfficerTrustee | 5 | $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 | $616,765 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $616,765 |
| Total Program Service Revenue | $0 |
| Investment income | $92 |
| 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 | $616,857 |
| 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 | $416,200 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,753 |
| Compensation of current officers, directors, key employees. | $7,075 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,680 |
| Pension plan accruals and contributions | $8,485 |
| Other employee benefits | $54,505 |
| Payroll taxes | $8,255 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $419 |
| Fees for services: Accounting | $25,289 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,289 |
| Office expenses | $17 |
| Information technology | $6,539 |
| Royalties | $0 |
| Occupancy | $2,400 |
| Travel | $47,256 |
| 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 | $977 |
| All other expenses | $0 |
| Total functional expenses | $747,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $558,903 |
| 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 | $558,903 |
| Accounts payable and accrued expenses | $3,801 |
| 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 | $3,801 |
| Net assets without donor restrictions | $555,102 |
| 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 | $558,903 |