Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2010.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
70 cents of each dollar spent went to programs.
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
11 people listed on the 990; $213K paid to officers and key staff.
Matthew Jones’s $116K as Managing Director is at the 39th percentile of top reported officer pay among 1168 $1–10M international 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 · 6 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Christopher Daugaard | — | $123,469 | — | — | — |
| Matthew Jones | $115,797 | $67,279 | $101,360 | $102,808 | $99,000 |
| Andrew Jones | $115,762 | $67,279 | $101,360 | $102,808 | $99,000 |
| Chris Daugaard | $111,033 | — | — | — | — |
| Rosita Chomik | — | $103,751 | — | — | — |
| Rachel Miller | — | — | $29,964 | $16,962 | $14,532 |
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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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 15aYes
Programs and updates
Connects and empowers people worldwide through service and sponsorship to transform lives and share the Gospel.
Questions for Bold Hope INC
Your first name shows with your question. Bold Hope INC answers here, for everyone.
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In 2020, we launched five new child sponorship programs, putting the number of countries we sponsor children in at eight. Our sponorship programs provide children in high-risk populations with basic necessities,including items such as clean water, food, medical attention, shelter, clothing, education, protection, and spiritual…
In many countries around the world, education is not free. We believe that, for many, education is part of the key to breaking the cycle of poverty. We and our global partners are involved in adult education, including english classes and computer classes along with various other classes, for adults in several communities as a way to…
We are blessed to be able to provide financially for those around the world who find themselves in dire situations due to COVID-19. As a result of some of our fundraising efforts, we were able to provide things like lights to communities without electricity and grocery bags full of food to families during country shut-downs.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $308K | $258K |
| InvestmentsLn 11–13 | $872K | $864K |
| Land, buildings, equipmentLn 10c | $114K | $144K |
| Total assetsLn 16 | $1.3M | $1.3M |
| LiabilitiesLn 26 | $0 | $162K |
| Net assetsLn 32 | $1.3M | $1.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $518K | $301K | $162K | $55K |
| Other employee benefitsLn 9 | $47K | $27K | $20K | |
| Payroll taxesLn 10 | $39K | $26K | $13K | |
| Legal feesLn 11b | $10K | $10K | $300 | |
| Advertising and promotionLn 12 | $33K | $33K | ||
| OccupancyLn 16 | $36K | $36K | ||
| TravelLn 17 | $89K | $87K | $2K | |
| Depreciation, depletion and amortizationLn 22 | $19K | $19K | ||
| Other expenses (24a–d)Ln 24 | $461K | $452K | $8K | $1K |
| All other expensesLn 24e | $82K | $44K | $36K | $929 |
| Total functional expensesLn 25 | $1.3M | $938K | $338K | $57K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $2.4M | $2.6M | −$208K | $880K | 990 PDF |
| FY2023 | Not on file | ||||
| FY2022 | $1.9M | $2.0M | −$83K | $1.0M | 990 PDF |
| FY2021 | $1.6M | $1.6M | $73K | $1.3M | 990 PDF |
| FY2020 Viewing | $1.2M | $1.3M | −$137K | $1.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $1,196,420 revenue, 12 lines filed
Part VI · Governance 9 of 11 board members independent, 4 to look at
Part VIII · Statement of revenue $1,196,420 across 6 lines filed
Part IX · Statement of functional expenses $1,333,048 across 10 lines filed
Part X · Balance sheet $1,301,149 assets, 11 lines filed
Part XI · Reconciliation of net assets $1,139,499 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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