Foundations for Hope exists to advance the gospel of jesus christ by providing critical resources and training in partnerships with local churches in areas of need across the globe.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$60K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
4 of 5
filings with a surplus
Average surplus $53K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
20 mo
of spending, in cash
Looks good: 20.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$8K
0.7% of total assets
Looks good: liabilities are 1% 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
$759K
+69% vs prior year
Spent
$631K
To programs
84%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$759K
FY2023▲ +69%
Tap a bar for its year
Revenue by fiscal year
FY2020$292K
FY2021$300K
FY2022$450K
FY2023$759K
FY2024$1.2M
Expenses
$631K
FY2023▲ +143%
Tap a bar for its year
Expenses by fiscal year
FY2020$89K
FY2021$124K
FY2022$259K
FY2023$631K
FY2024$1.6M
Net assets
$1.1M
FY2023▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$597K
FY2021$773K
FY2022$961K
FY2023$1.1M
FY2024$656K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
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 Oct 2019.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $529K Management & general 9% · $54K Fundraising 8% · $48K

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; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation
$30,000Pt VII · Sec A
Vice Chairman
$30,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Randall Treglown’s $30K as Chairman is at the 2nd percentile of top reported officer pay among 3869 $1–10M 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 · 2 named individuals · Part VII

NameFY2024FY2023
Randall Treglown$30,000$30,000
Matthew Mullinax$30,000$30,000

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.

See Foundations for Hope 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advance the Gospel by providing resources and training through local churches worldwide.

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Provided by the organization

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1 program · $529K · in their own filed words · FY2023
01

To advance the gospel of jesus christ by providing critical resources and training in partnerships with local churches in areas of need across the globe.

$529Kprogram 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
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$759K
Ln 12
Gifts and grantsLn 1h$748K
Investment incomeLn 3$25K
Money outPt IX
$631K
Ln 25
Programscol B$529K
Managementcol C$54K
Fundraisingcol D$48K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$8K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$748K
Noncash giftsLn 1g$440K
Fundraising eventsLn 1c$64K
Investment incomeLn 3$25K
Total revenueLn 12$759K
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$29K
Total assetsLn 16$1.1M
LiabilitiesLn 26$8K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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$918K$1.1M
Land, buildings, equipmentLn 10c$33K$29K
Total assetsLn 16$963K$1.1M
LiabilitiesLn 26$2K$8K
Net assetsLn 32$961K$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$233K$233K
Pay of current officers, directors and key staffLn 5$114K$48K$18K$48K
Other salaries and wagesLn 7$3K$3K
Pension plan contributionsLn 8$1K$1K
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$4K$4K
Legal feesLn 11b$4K$4K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$14K$14K
Office expensesLn 13$9K$9K
Information technologyLn 14$29K$29K
TravelLn 17$12K$12K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$193K$193K
Total functional expensesLn 25$631K$529K$54K$48K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.2M$1.6M−$433K$656K 990 PDF
FY2023 Viewing $759K$631K$128K$1.1M 990 PDF
FY2022 $450K$259K$191K$961K 990 PDF
FY2021 $300K$124K$176K$773K 990 PDF
FY2020 $292K$89K$203K$597K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $759,066 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $399,097$748,497
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $954$24,999
I-11 Other revenuePrior year $49,895−$14,430
I-12 Total revenuePrior year $449,946$759,066
I-13 Grants and similar amounts paidPrior year $127,396$233,324
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $35,700$129,113
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $96,270$268,726
I-18 Total expensesPrior year $259,366$631,163
I-19 Revenue less expensesPrior year $190,580$127,903
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 $759,066 across 7 lines filed
VIII-1c Fundraising events$64,407
VIII-1f All other contributions, gifts and grants$684,090
VIII-1g Noncash contributions (included above)$439,757
VIII-1h Total contributions, gifts and grants$748,497
VIII-3 Investment incomeExcluded from tax $24,999$24,999
VIII-8 Net income from fundraising eventsExcluded from tax −$14,430−$14,430
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $10,569$759,066
Part IX · Statement of functional expenses $631,163 across 15 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $233,324$233,324
IX-5 Pay of current officers, directors and key staffPrograms $47,993 · Management $17,993 · Fundraising $47,993$113,979
IX-7 Other salaries and wagesManagement $3,460$3,460
IX-8 Pension plan contributionsManagement $1,185$1,185
IX-9 Other employee benefitsManagement $6,091$6,091
IX-10 Payroll taxesManagement $4,398$4,398
IX-11b Legal feesManagement $3,537$3,537
IX-11g Other fees for servicesManagement $3,282$3,282
IX-12 Advertising and promotionPrograms $14,001$14,001
IX-13 Office expensesManagement $8,660$8,660
IX-14 Information technologyPrograms $29,175$29,175
IX-17 TravelPrograms $12,148$12,148
IX-22 Depreciation, depletion and amortizationManagement $4,078$4,078
IX-23 InsuranceManagement $1,196$1,196
IX-24 Other expenses (24a–d)Programs $192,649$192,649
IX-25 Total functional expensesPrograms $529,290 · Management $53,880 · Fundraising $47,993$631,163
Part X · Balance sheet $1,096,569 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $918,108$1,058,549
X-9 Prepaid expenses and deferred chargesStart of year $12,099$9,320
X-10c Land, buildings and equipment, netStart of year $32,778$28,700
X-16 Total assetsStart of year $962,985$1,096,569
X-17 Accounts payable and accrued expenses$5,692
X-25 Other liabilitiesStart of year $1,847$1,836
X-26 Total liabilitiesStart of year $1,847$7,528
X-27 Net assets without donor restrictionsStart of year $961,138$1,089,041
X-32 Total net assets or fund balancesStart of year $961,138$1,089,041
X-33 Total liabilities and net assetsStart of year $962,985$1,096,569
Part XI · Reconciliation of net assets $1,089,041 net assets at year end
XI-1 Total revenue$759,066
XI-2 Total expenses$631,163
XI-3 Revenue less expenses$127,903
XI-4 Net assets at start of year$961,138
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,089,041

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

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