Hope For The People
- Assets
- $400.3k
- Revenue
- $482.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Colbert, WA
- Founding
- 01/2006
- Data as of
- 12/2021
- EIN
- 91-1867067
Organization Overview
Hope For The People is located in Colbert, WA. The organization was established in 2006. 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, Hope For The People employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For The People 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, Hope For The People generated $482.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $287.3k during the year ending 12/2021. While expenses have increased by 11.6% 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
ATTENDING CHURCH SERVICES CONFERENCES AND CAMPS TO TRAIN PEOPLE IN UNITED STATES FOR SHORT-TERM MISSIONS AND TO PROVIDE EVANGELISM AND CHARITY TO ORPHANAGES HOSPITALS AND CHURCHES IN SLAVIC AND OTHER COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINISTRY AND PROGRAM IN CUBA PROVIDING BIBLES AND CHARITY TO THOSE WHO WORK AMONG THE CHURCHES OF CUBA.
TRAVEL AND FUNDRAISING TRAVELING AND ATTENDING CONFERENCES AND SEMINARS ACROSS UNITED STATES TO PROVIDE TRAINING AND PROJECT COORDINATION FOR SHORT-TERM MISSIONARY TRIPS OVER SEAS AS WELL AS TALK ABOUT FUTURE MISSIONARY TRIPS TO RAISE FUNDS FOR TRAVEL.
MINISTRY AND PROGRAM IN UKRAINE PROVIDING CHARITY TO THOSE WHO WORK AMONG CHURCHES OF UKRAINE ORPHANAGES AND NURSING HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Galina Savin Secretary | OfficerTrustee | 17 | $10,686 |
Mikhail Savin President | OfficerTrustee | 12 | $7,398 |
Nadia Altukhov Treasurer | OfficerTrustee | 2 | $0 |
Alex Kaprian Vice President | OfficerTrustee | 5 | $0 |
Daniel Kovalyov Director | Trustee | 1 | $0 |
Eric Miller Director | Trustee | 1 | $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 | $482,045 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $482,045 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| 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 | $482,049 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $219,684 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $14,770 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,480 |
| Fees for services: Management | $2,380 |
| 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 | $537 |
| Advertising and promotion | $1,369 |
| Office expenses | $1,118 |
| Information technology | $1,012 |
| Royalties | $0 |
| Occupancy | $300 |
| Travel | $32,112 |
| 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 | $9,103 |
| Insurance | $2,460 |
| All other expenses | $0 |
| Total functional expenses | $287,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $372,276 |
| 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 | $28,069 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $400,345 |
| 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 | $400,345 |
| 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 | $400,345 |
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