Hope Foundation
- Assets
- $97.0k
- Revenue
- $63.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Clackamas, OR
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 93-1271323
Organization Overview
Hope Foundation is located in Clackamas, OR. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Foundation 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 Foundation generated $63.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $40.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.1%) per year over the past 7 years. 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
HOPE TEAMS INTERNATIONAL'S PRIMARY PURPOSE IS TO PROMOTE AND PROTECT THE WELL-BEING AND HEALTHY DEVELOPMENT OF CHILDREN AND YOUNG ADULTS, PRIMARILY BY PARTNERING WITH INDIGENOUS ORGANIZATIONS WHO SHARE SIMILAR FAITH-BASED VALUES AND WHO PROVIDE EDUCATION, SPIRITUAL TEACHING, EMOTIONAL SUPPORT, MEDICAL CARE, DEVELOPMENTAL, NUTRITIONAL AID, AND RELIEF TO DISADVANTAGED CHILDREN AND YOUNG ADULTS THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEAMS HOPE TEAMS, DUE TO COVID 19 DID NOT TRAVEL TO HONDURAS IN 2021.
CHILD SPONSORS PROVIDE FOOD, CLOTHING AND SHELTER TO ORPHANS AND STREET CHILDREN IN HONDURAS AND LIBERIA.
SPECIAL PROJECTS - IN 2020 HOPE TEAMS SUPPORTED SPECIAL PROJECTS IN LIBERIA AND HONDURAS.
ADDITIONAL PROGRAM COSTS INCLUDES SALARIES, AND TAXES, RENT, INSURANCE ETC TO SUPPORT THE PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Larvick President | OfficerTrustee | 8 | $17,500 |
Victoria Henderson Secretary | OfficerTrustee | 0 | $0 |
Hayley Cushman Treasurer | OfficerTrustee | 0 | $0 |
Christian Larvick Chairman Of The Board | 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 | $63,034 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,034 |
| Total Program Service Revenue | $0 |
| Investment income | $7 |
| 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 | $63,041 |
| 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 | $8,313 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $17,500 |
| Compensation of current officers, directors, key employees. | $8,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,504 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,307 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44 |
| Advertising and promotion | $0 |
| Office expenses | $4,637 |
| Information technology | $899 |
| Royalties | $0 |
| Occupancy | $1,200 |
| Travel | $0 |
| 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 | $1,409 |
| All other expenses | $0 |
| Total functional expenses | $40,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,810 |
| Savings and temporary cash investments | $76,194 |
| 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 | $97,004 |
| Accounts payable and accrued expenses | $1,227 |
| 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 | $1,227 |
| Net assets without donor restrictions | $95,777 |
| 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 | $97,004 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Foundation has recieved totaling $158.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $158 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Making A Difference Foundation Seattle, WA | $5,648,581 | $9,801,406 |
Far Reaching Ministries Murrieta, CA | $21,362,367 | $12,281,756 |
Good Neighbors Usa Tustin, CA | $3,226,157 | $7,785,780 |
Washington State University Global Health Pullman, WA | $474,066 | $7,124,881 |
Worldreader Org Seattle, WA | $11,912,107 | $9,017,027 |
Guara Bi Inc Las Vegas, NV | $2,785,131 | $6,283,964 |
All Gods Children International Vancouver, WA | $4,347,832 | $7,534,520 |
Operation Usa Los Angeles, CA | $6,771,517 | $5,746,005 |
Onesky Berkeley, CA | $3,976,088 | $6,959,503 |
Aam Foundation Novato, CA | $35,749,865 | $24,208,517 |
Little Market Inc Santa Ana, CA | $1,421,831 | $4,304,249 |
Double Up Drive Inc Las Vegas, NV | $3,887,049 | $4,005,718 |