Global Hope INC EIN 84-1357644

Global Hope INC

EIN  84-1357644 Public charity (501(c)(3)) Broomfield, CO
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides Christ-centered care to build self-sufficiency for orphaned and vulnerable children globally.
Leadership
Marsha Weber · Chairperson
Money in and out
$604K revenue, $774K expenses
Bottom line
84% program efficiency

Provides Christ-centered care to build self-sufficiency for orphaned and vulnerable children globally. For fiscal year 2024 it reported $604K in revenue, $774K in expenses, and $82K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$604K
Pt VIII · Ln 12
Total expenses
$774K
Pt IX · Ln 25
Net assets
$82K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$171K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.05 Fundraising $0.10
Program efficiency
84%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
1.4mo
months of highly liquid reserves at operating expense rate▼ -66% vs prior filing year
Surplus margin
-28%
revenue over expenses, this year▼ -352% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$604K
FY2024▼ -15%
Expenses
$774K
FY2024▲ +3%
Total assets
$87K
FY2024▼ -66%
Total liabilities
$5K
FY2024▲ +599%
Total revenue
$604K
Pt VIII · Ln 12
Total expenses
$774K
Pt IX · Ln 25
Net assets
$82K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$171K
Total assetsPt X · Ln 16$87K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $512K of program spending, described in the organization's own filed words · FY2024.
01

2024 romania accomplishments: leadership assessment visit. Executive director, board chair, and a board member traveled to romania to strengthen relationships, assess partner needs, and provide on-the-ground support. Launched the arms of hope program in sibiu.

$253Kprogram expense
02

2024 india accomplishments: expanded global hope village. Finalized plans with john foundation to build four additional homes, creating capacity to serve 40 additional orphaned, abandoned, and vulnerable children. Strengthened partnerships.

$137Kprogram expense
03

2024 kenya accomplishments: established the horec education strengthening program. Rolled out initiatives to improve learning outcomes and provide greater stability for vulnerable children across all grade levels. Implemented the vacation bible school twinning program.

$122Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGlobal Hope INC
EINHdr · item D84-1357644
Principal addressHdr · item CBroomfield, CO
WebsiteHdr · item Jwww.globalhope.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFMay 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$552K · 91%
Other revenue$50K · 8%
Contributions & grants91%$552K
Other revenue8%$50K
Investment income$2K
Total revenueLn 12$604K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.05 Fundraising $0.10
Program services84%$653K
Management & general5%$40K
Fundraising10%$80K
Total functional expensesLn 25$774K

Balance Sheet

Part X · end of year
CashLn 1$87K
Total assetsLn 16$87K
Total liabilitiesLn 26$5K
Total net assetsLn 32$82K
Months of cash on handcomputed1.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $87K · Operating expenses/yr $774K
1.4 months
Where the money goes
Program services
Program services $653K · Total expenses $774K
84%
Management & General
Management & general $40K · Total expenses $774K
5%
Fundraising
Fundraising $80K · Total expenses $774K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $83K · Solicited contributions (3-yr avg) $564K
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $552K · Total revenue $604K
91%
Government reliance
Government grants — · Total revenue $604K
Earned-income share
Program service revenue $0 · Total revenue $604K
0%
Investment reliance
Investment income $2K · Total revenue $604K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $774K
0%
Growth & trend
Revenue growth (YoY)
This year $604K · Prior year $709K
-15%
Revenue CAGR
FY2020 $457K · FY2024 $604K
+7%
Net-asset trend (YoY)
End of year $82K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $604K · Expenses $774K
-28%
Liabilities-to-Assets
Total liabilities — · Total assets $87K
Net-asset ratio
Net assets $82K · Total assets $87K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $87K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Marsha Weber · Reported title CHAIRPERSON · Highest reported compensation $0 · Total expenses $774K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $188K · Total expenses $774K
24%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 5%
Fundraising cost ratio 15%
Revenue growth -15%
Accounting fee ratio 2%

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
See all 4 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)$604K revenue · viewing · ⤓ 990 PDF
FY2023$709K revenue · ⤓ 990 PDF
FY2022$697K revenue · ⤓ 990 PDF
FY2021$482K revenue · ⤓ 990 PDF
FY2020$457K 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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