Hope Arising INC FY2023 filing

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to promote self reliance among orphan- and woman-led households in Africa

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $15K a year · 10% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
12 mo
of spending, in cash
Looks good: 12.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $116K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$515
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$157K
+141% vs prior year
Spent
$90K
To programs
99%
Net assets
$106K
By yearFY2020–FY2024
Revenue
$157K
FY2023▲ +141%
Tap a bar for its year
Revenue by fiscal year
FY2020$111K
FY2021$51K
FY2022$65K
FY2023$157K
FY2024$276K
Expenses
$90K
FY2023▲ +69%
Tap a bar for its year
Expenses by fiscal year
FY2020$130K
FY2021Not on file
FY2022$53K
FY2023$90K
FY2024$277K
Net assets
$106K
FY2023▲ +172%
Tap a bar for its year
Net assets by fiscal year
FY2020$43K
FY2021$27K
FY2022$39K
FY2023$106K
FY2024$101K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $90K Management & general 1% · $642

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hope Arising INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers orphan- and woman-led households in Africa for greater self-reliance.

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2 programs · $90K · in their own filed words · FY2023
01

To provide literacy and basic business training to the poorest women in Kenya and other areas of Africa

$55Kprogram expense
02

To provide literacy and basic business training to the poorest women in Ethiopia.

$35Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Ok FoundationFY2024$72K
Total grants receivedfrom 3 funders$116K
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$157K
Ln 12
Gifts and grantsLn 1h$157K
Money outPt IX
$90K
Ln 25
Programscol B$90K
Managementcol C$642
Owns and owesPt X
$106K
net assets · Ln 32
Cash and savingsLn 1–2$94K
Total assetsLn 16$106K
LiabilitiesLn 26$515
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$157K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Gains on assetsLn 7$0
Total revenueLn 12$157K
Assets in detailPt X, end of year
CashLn 1$94K
Cash and savings togetherLn 1–2$94K
Notes and loans receivableLn 7$12K
Inventories for sale or useLn 8$698
Total assetsLn 16$106K
LiabilitiesLn 26$515
Net assetsLn 32$106K
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$28K$94K
Total assetsLn 16$40K$106K
LiabilitiesLn 26$2K$515
Net assetsLn 32$39K$106K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$9K$9K$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$9K$9K
Accounting feesLn 11c$359$359
Office expensesLn 13$3K$3K$642
Other expenses (24a–d)Ln 24$68K$68K$0$0
Total functional expensesLn 25$90K$90K$642$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $276K$277K−$856$101K 990 PDF
FY2023 ViewingFiled with the IRS Oct 14, 2024 $157K$90K$67K$106K 990 PDF
FY2022Filed with the IRS May 11, 2023 $65K$53K$12K$39K 990 PDF
FY2021Filed with the IRS May 13, 2022 $51K$27K 990 PDF
FY2020Filed with the IRS Jan 14, 2022 $111K$130K−$19K$43K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $157,070 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $65,125$157,070
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $65,125$157,070
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $23,926$9,072
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $29,562$81,122
I-18 Total expensesPrior year $53,488$90,194
I-19 Revenue less expensesPrior year $11,637$66,876
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $157,070 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$157,070
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$157,070
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$157,070
Part IX · Statement of functional expenses $90,194 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $9,072 · Management $0 · Fundraising $0$9,072
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $9,280$9,280
IX-11c Accounting feesPrograms $359$359
IX-13 Office expensesPrograms $2,574 · Management $642$3,216
IX-24 Other expenses (24a–d)Programs $68,267 · Management $0 · Fundraising $0$68,267
IX-25 Total functional expensesPrograms $89,552 · Management $642 · Fundraising $0$90,194
Part X · Balance sheet $106,297 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $27,957$93,802
X-7 Notes and loans receivableStart of year $11,797$11,797
X-8 Inventories for sale or useStart of year $698$698
X-16 Total assetsStart of year $40,452$106,297
X-17 Accounts payable and accrued expensesStart of year $1,547$515
X-26 Total liabilitiesStart of year $1,547$515
X-27 Net assets without donor restrictionsStart of year $38,905$55,782
X-28 Net assets with donor restrictionsStart of year $0$50,000
X-32 Total net assets or fund balancesStart of year $38,905$105,782
X-33 Total liabilities and net assetsStart of year $40,452$106,297
Part XI · Reconciliation of net assets $105,782 net assets at year end
XI-1 Total revenue$157,070
XI-2 Total expenses$90,194
XI-3 Revenue less expenses$66,876
XI-4 Net assets at start of year$38,905
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$1
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$105,782

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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