Hope Mobilization INC

Tax-deductible

Lowell, MA501(c)(3)Crime & LegalEIN 82-3777262Revenue $744K in FY2024

On file with the IRS460 Westford St, 01851-2529 · Lowell, MATax-exempt since Mar 2018Publicly supported — 509(a)(2)

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To raise awareness and funds to assist organizations and entities that combat human trafficking world wide, with a special focus in ending child exploitation, trafficking and prostitution in nepal, bangladesh, india and other asian countries.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Run by 4 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
4 of 4
filings with a surplus
Average surplus $66K a year · 16% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$744K
+117% vs prior year
Spent
$534K
To programs
97%
Net assets
$270K
By yearFY2020–FY2024
Revenue
$744K
FY2024▲ +117%
Tap a bar for its year
Revenue by fiscal year
FY2020$165K
FY2021$285K
FY2022$234K
FY2023$343K
FY2024$744K
Expenses
$534K
FY2024▲ +66%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$252K
FY2022$233K
FY2023$322K
FY2024$534K
Net assets
$270K
FY2024▲ +349%
Tap a bar for its year
Net assets by fiscal year
FY2020$6K
FY2021$38K
FY2022$39K
FY2023$60K
FY2024$270K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2018.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $520K Management & general 3% · $14K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Vicente Dalmaso’s $500 as Clerk is at the 0th percentile of top reported officer pay among 1405 $100K–1M crime & legal 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.

See Hope Mobilization INC executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Combats human trafficking worldwide, focusing on ending child exploitation in Asia.

Provided by the organization

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1 program · $520K · in their own filed words · FY2024
01

Grants to assist organizations and entities that combat human trafficking world wide, with a special focus in ending child exploitation, trafficking and prostitution in nepal, bangladesh, india and other asian countries.

$520Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$744K
Ln 12
Gifts and grantsLn 1h$744K
Money outPt IX
$534K
Ln 25
Programscol B$520K
Managementcol C$14K
Owns and owesPt X
$270K
net assets · Ln 32
Cash and savingsLn 1–2$270K
Total assetsLn 16$270K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$744K
Total revenueLn 12$744K
Assets in detailPt X, end of year
CashLn 1$270K
Cash and savings togetherLn 1–2$270K
Total assetsLn 16$270K
LiabilitiesLn 26$0
Net assetsLn 32$270K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$60K$270K
Total assetsLn 16$60K$270K
LiabilitiesLn 26$0$0
Net assetsLn 32$60K$270K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$504K$504K
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$8K$8K
Office expensesLn 13$4K$4K
TravelLn 17$9K$9K
InsuranceLn 23$451$451
Other expenses (24a–d)Ln 24$8K$8K
Total functional expensesLn 25$534K$520K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $744K$534K$210K$270K 990 PDF
FY2023 $343K$322K$21K$60K 990 PDF
FY2022 $234K$233K$562$39K 990 PDF
FY2021 $285K$252K$33K$38K 990 PDF
FY2020 $165K$6K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $744,014 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $343,315$744,014
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 $343,315$744,014
I-13 Grants and similar amounts paidPrior year $265,338$503,552
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $56,633$30,887
I-18 Total expensesPrior year $321,971$534,439
I-19 Revenue less expensesPrior year $21,344$209,575
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $744,014 across 3 lines filed
VIII-1f All other contributions, gifts and grants$744,014
VIII-1h Total contributions, gifts and grants$744,014
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$744,014
Part IX · Statement of functional expenses $534,439 across 7 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $503,552$503,552
IX-11c Accounting feesManagement $1,020$1,020
IX-11g Other fees for servicesPrograms $7,500$7,500
IX-13 Office expensesManagement $4,480$4,480
IX-17 TravelPrograms $9,091$9,091
IX-23 InsuranceManagement $451$451
IX-24 Other expenses (24a–d)Management $8,345$8,345
IX-25 Total functional expensesPrograms $520,143 · Management $14,296 · Fundraising $0$534,439
Part X · Balance sheet $269,707 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $60,132$269,707
X-16 Total assetsStart of year $60,132$269,707
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $60,132$269,707
X-32 Total net assets or fund balancesStart of year $60,132$269,707
X-33 Total liabilities and net assetsStart of year $60,132$269,707
Part XI · Reconciliation of net assets $269,707 net assets at year end
XI-1 Total revenue$744,014
XI-2 Total expenses$534,439
XI-3 Revenue less expenses$209,575
XI-4 Net assets at start of year$60,132
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$269,707

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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