Hope for Humanity INC EIN 20-1984786 Form 990 (PDF) Claim this org

Hope for Humanity INC

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Provides quality education with a Christian foundation to equip South Sudan's youth for leadership. For fiscal year 2024 it reported $197K in revenue, $155K in expenses, and $147K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Richmond, VA
Website
www.hopeforhumanityinc.org
Filings
5 on file (2020–2024)
Revenue
$197KFY2024
Expenses
$155K
Net assets
$147K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-1984786 Public charity (501(c)(3)) Richmond, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides quality education with a Christian foundation to equip South Sudan's youth for leadership.
Leadership
Suzanne M Wright · Executive Director · $12K
Money in and out
$197K revenue, $155K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$197K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$147K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $42K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs▲ +0.7% vs prior filing year
Operating runway
8.8mo
months of highly liquid reserves at operating expense rate▲ +110% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▲ +157% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$197K
FY2024▲ +34%
Expenses
$155K
FY2024▼ -23%
Total assets
$148K
FY2024▲ +40%
Total liabilities
$522
FY2024▼ -26%
Total revenue
$197K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$147K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$42K
Total assetsPt X · Ln 16$148K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHope for Humanity INC
EINHdr · item D20-1984786
Principal addressHdr · item CRichmond, VA
WebsiteHdr · item Jwww.hopeforhumanityinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$12,000Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Suzanne M Wright$12,000$10,000$42,115
Suzanne Hicks$40,565
Suzanne M Hicks$33,057

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

2 program services account for $154K of program spending, described in the organization's own filed words · FY2024.
01

The organization supports schools in South Sudan, Sub-Saharan Africa.

$129Kprogram expense
02

general operating expenses not related to the school operations in South Sudan, Africa

$25Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$196K · 99%
Investment income$1K · 1%
Contributions & grants99%$196K
Investment income1%$1K
Total revenueLn 12$197K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$154K
Management & general$540
Total functional expensesLn 25$155K

Balance Sheet

Part X · end of year
CashLn 1$86K
Total assetsLn 16$148K
Total liabilitiesLn 26$522
Total net assetsLn 32$147K
Months of cash on handcomputed6.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $113K · Operating expenses/yr $155K
8.8 months
Where the money goes
Program services
Program services $154K · Total expenses $155K
100%
Management & General
Management & general $540 · Total expenses $155K
0.3%
Fundraising
Fundraising $0 · Total expenses $155K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $168K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $196K · Total revenue $197K
99%
Government reliance
Government grants — · Total revenue $197K
Earned-income share
Program service revenue $0 · Total revenue $197K
0%
Investment reliance
Investment income $1K · Total revenue $197K
+0.6%
Program self-sufficiency
Program service revenue $0 · Total expenses $155K
0%
Growth & trend
Revenue growth (YoY)
This year $197K · Prior year $147K
+34%
Revenue CAGR
FY2020 $169K · FY2024 $197K
+4%
Net-asset trend (YoY)
End of year $147K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $197K · Expenses $155K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $148K
Net-asset ratio
Net assets $147K · Total assets $148K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $27K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $148K
19%
People & payroll
Highest Reported Total Compensation
Individual Suzanne M Wright · Reported title Executive Director · Highest reported compensation $12K · Total expenses $155K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $13K · Total expenses $155K
8%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.3%
Fundraising cost ratio 0%
Revenue growth 34%
Accounting fee ratio 3%

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$29K
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
FY2024 (Latest)$197K revenue · viewing · ⤓ 990 PDF
FY2023$147K revenue · ⤓ 990 PDF
FY2022$162K revenue · ⤓ 990 PDF
FY2021$211K revenue · ⤓ 990 PDF
FY2020$169K 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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