Orphans Hope EIN 20-0052012 Form 990 (PDF) Claim this org

Orphans Hope FY2024 filing

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Provides essential relief, homes, education, and care for orphans in poverty. For fiscal year 2024 it reported $1.5M in revenue, $617K in expenses, and $955K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
E Wenatchee, WA
Website
orphanshope.org
Filings
6 on file (2020–2024)
Revenue
$1.5MFY2024
Expenses
$617K
Net assets
$955K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-0052012 Public charity (501(c)(3)) E Wenatchee, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides essential relief, homes, education, and care for orphans in poverty.
Leadership
Stephen Cassidy · President · $40K
Money in and out
$1.5M revenue, $617K expenses
Bottom line
94% program efficiency
Where the money goes · FY2024
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$617K
Pt IX · Ln 25
Net assets
$955K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $906K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06 Fundraising $0.00
Program efficiency
94%
of spending reaches programs
Operating runway
18.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+59%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.5M
FY2024▲ +302%
Expenses
$617K
FY2024▲ +50%
Total assets
$957K
FY2024▲ ×19
Total liabilities
$2K
FY2024▲ +325%
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$617K
Pt IX · Ln 25
Net assets
$955K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$906K
Total assetsPt X · Ln 16$957K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COrphans Hope
EINHdr · item D20-0052012
Principal addressHdr · item CE Wenatchee, WA
WebsiteHdr · item Jorphanshope.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P32)
Ruling yearIRS BMFJun 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$39,659Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Stephen Cassidy’s $42K as President is at the 30th percentile of top reported officer pay among 2164 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Stephen Cassidy$42,238$39,659$39,166$39,224$39,265$39,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $582K of program spending, described in the organization's own filed words · FY2024.
01

Orphans Hope Asia

The civil war that started February 1, 2021 has had a tremendous impact and caused great suffering in the country. We have continued to provide orphans with food, clothes, medical care, improvements in living conditions, and other essential needs, which have been greater than ever.

$465Kprogram expense
02

Pakistan

We provided for the monthly food, clothes, school, and medical needs of a very poor orphanage with 25 children. We continued to renovate to improve conditions, giving the children a better to live.

$96Kprogram expense
03

Orphans Hope Ukraine

The war in Ukraine has caused a lot of challenges and suffering within the country. In the midst of this we continued to serve orphans in the orphanages, foster families, and graduates from orphanages. We held IT classes for young people in the Kiev region and counseling for vulnerable teens and families at risk.

$21Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$1.5M
Investment income$5K
Total revenueLn 12$1.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06 Fundraising $0.00
Program services94%$582K
Management & general6%$35K
Fundraising$893
Total functional expensesLn 25$617K

Balance Sheet

Part X · end of year
CashLn 1$39K
Total assetsLn 16$957K
Total liabilitiesLn 26$2K
Total net assetsLn 32$955K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $949K · Operating expenses (Pt IX) $617K · Less non-cash grants $10K · Cash operating expenses/yr $608K
18.7 months
Where the money goes
Program services
Program services $582K · Total expenses $617K
94%
Management & General
Management & general $35K · Total expenses $617K
6%
Fundraising
Fundraising $893 · Total expenses $617K
0.1%
Cost to raise $1
Fundraising expense (3-yr avg) $715 · Solicited contributions (3-yr avg) $766K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.5M · Total revenue $1.5M
100%
Government reliance
Government grants — · Total revenue $1.5M
Earned-income share
Program service revenue $0 · Total revenue $1.5M
0%
Investment reliance
Investment income $5K · Total revenue $1.5M
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $617K
0%
Growth & trend
Revenue growth (YoY)
This year $1.5M · Prior year $379K
+302%
Revenue CAGR
FY2020 $336K · FY2024 $1.5M
+46%
Net-asset trend (YoY)
End of year $955K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.5M · Expenses $617K
+59%
Liabilities-to-Assets
Total liabilities — · Total assets $957K
Net-asset ratio
Net assets $955K · Total assets $957K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $909K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $957K
95%
People & payroll
Highest Reported Total Compensation
Individual Stephen Cassidy · Reported title PRESIDENT · Highest reported compensation $40K · Total expenses $617K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $63K · Total expenses $617K
10%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0.06%
Revenue growth 302%
Legal fee ratio <0.01%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$86K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$392K revenue · ⤓ 990 PDF
FY2024$1.5M revenue · viewing · ⤓ 990 PDF
FY2023$379K revenue · ⤓ 990 PDF
FY2022$402K revenue · ⤓ 990 PDF
FY2021$432K revenue · ⤓ 990 PDF
FY2020$336K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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