Hope Foundation
- Assets
- $110.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Clackamas, OR
- Founding
- 03/2000
- Data as of
- 12/2023
- 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 12/2023, Hope Foundation generated $74.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $72.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
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
TEAMS HOPE TEAMS, DUE TO COVID 19 DID NOT TRAVEL TO HONDURAS IN 2021.
ADDITIONAL PROGRAM COSTS INCLUDES SALARIES, AND TAXES, RENT, INSURANCE ETC TO SUPPORT THE PROGRAMS
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Larvick President | 2 | $5,406 | |
Victoria Henderson Secretary | 0 | $0 | |
Hayley Cushman Treasurer | 0 | $0 | |
Christian Larvick Chairman Of The Board | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,213 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,871 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,807 |
| Other Revenue | $0 |
| Total Revenue | $74,891 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,577 |
| Professional fees and other payments to independent contractors | $1,466 |
| Occupancy, rent, utilities, and maintenance | $1,200 |
| Printing, publications, postage, and shipping | $455 |
| Other expenses | $12,198 |
| Total expenses | $72,636 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,995 |
| Other assets | $0 |
| Total assets | $109,995 |
| Total liabilities | $533 |
| Net assets or fund balances | $109,462 |