Hope International

Tax-deductible

Marshall, NC501(c)(3)ReligionEIN 91-0774851Revenue $480K in FY2024

On file with the IRShopeint.org151 Ascension Ln, 28753-4564 · Marshall, NCTax-exempt since Nov 1988School — 170(b)(1)(A)(ii)

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Spread the teachings and doctrines of the seventh day adventist church

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$75K 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

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
2 of 5
filings with a surplus
Average deficit $60K a year · 11% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 13% of spending
Top officer’s pay lower than 51% of similar orgs
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$21K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$480K
+30% vs prior year
Spent
$588K
To programs
77%
Net assets
$1.9M
By yearFY2020–FY2024
Revenue
$480K
FY2024▲ +30%
Tap a bar for its year
Revenue by fiscal year
FY2020$803K
FY2021$618K
FY2022$352K
FY2023$369K
FY2024$480K
Expenses
$588K
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$667K
FY2021$603K
FY2022$502K
FY2023$562K
FY2024$588K
Net assets
$1.9M
FY2024▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$2.4M
FY2022$2.2M
FY2023$2.0M
FY2024$1.9M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1988.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $452K Management & general 23% · $135K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

7 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$48,356Pt VII · Sec A
$26,954Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Daniel Olson’s $48K as President is at the 49th percentile of top reported officer pay among 2133 $100K–1M religion 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Daniel Olson$48,356$58,584$41,600——
Kaye Finden Olson$26,954$48,673$37,440$37,440$37,440
Dan Olson———$39,040$29,472
Diann Foster——$3,000——
Mark Storti——$1,400$916$424

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 15aNo

Programs and updates

Shares Seventh-day Adventist Church teachings and doctrines.

Provided by the organization

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1 program · $452K · in their own filed words · FY2024
01

Evangelism, seminars, publishing of religious newsletters, pamphlets, DVD videos, and a magazine in various languages.

$452Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 11 grants · $251K · 2020–2024
Unitemized GrantFY2024$7,924
Denton Sda CompanyFY2024$5,998
Unitemized GrantFY2023$16,796
Light Beareres MinistriesFY2022$20,833
Unitemized GrantFY2022$18,547
Light Beareres MinistriesFY2021$29,167
Unitemized GrantFY2021$27,211
Light Beareres MinistriesFY2020$75,000
Laymen MinistriesFY2020$23,740
Mills River Sda SchoolNC · FY2020$15,400
Unitemized GrantFY2020$10,162

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$480K
Ln 12
Other incomeLn 4–11$254K
Gifts and grantsLn 1h$185K
Investment incomeLn 3$42K
Money outPt IX
$588K
Ln 25
Programscol B$452K
Managementcol C$135K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$94K
Total assetsLn 16$1.9M
LiabilitiesLn 26$21K
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$185K
Noncash giftsLn 1g$2K
Investment incomeLn 3$42K
Other incomeLn 4–11$254K
Gains on assetsLn 7$8K
Total revenueLn 12$480K
Assets in detailPt X, end of year
CashLn 1$58K
SavingsLn 2$36K
Cash and savings togetherLn 1–2$94K
InvestmentsLn 11–13$616K
Land, buildings, equipmentLn 10c$1.2M
Total assetsLn 16$1.9M
LiabilitiesLn 26$21K
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 55
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$160K$94K
InvestmentsLn 11–13$677K$616K
Land, buildings, equipmentLn 10c$1.2M$1.2M
Total assetsLn 16$2.1M$1.9M
LiabilitiesLn 26$42K$21K
Net assetsLn 32$2.0M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$15K$15K
Grants to domestic individualsLn 2$15K$15K
Pay of current officers, directors and key staffLn 5$75K$60K$15K
Other salaries and wagesLn 7$95K$76K$19K
Other employee benefitsLn 9$8K$97$8K
Payroll taxesLn 10$14K$13K$1K
Accounting feesLn 11c$250$250
Other fees for servicesLn 11g$17K$16K$2K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$7K$7K$244
OccupancyLn 16$18K$5K$13K
TravelLn 17$134$134
Depreciation, depletion and amortizationLn 22$53K$11K$43K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$225K$213K$12K
All other expensesLn 24e$30K$19K$11K
Total functional expensesLn 25$588K$452K$135K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $480K$588K−$108K$1.9M 990 PDF
FY2023 $369K$562K−$193K$2.0M 990 PDF
FY2022 $352K$502K−$150K$2.2M 990 PDF
FY2021 $618K$603K$14K$2.4M 990 PDF
FY2020 $803K$667K$137K$2.4M 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 $480,063 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $97,211$184,602
I-9 Program service revenue$0
I-10 Investment incomePrior year $3,240$41,584
I-11 Other revenuePrior year $268,070$253,877
I-12 Total revenuePrior year $368,521$480,063
I-13 Grants and similar amounts paidPrior year $19,996$30,010
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $215,034$192,160
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $326,877$365,414
I-18 Total expensesPrior year $561,907$587,584
I-19 Revenue less expensesPrior year −$193,386−$107,521
Part VI · Governance 7 of 7 board members independent, 5 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
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
Part VIII · Statement of revenue $480,063 across 8 lines filed
Lines not itemized here account for $237,655 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$184,602
VIII-1g Noncash contributions (included above)$1,688
VIII-1h Total contributions, gifts and grants$184,602
VIII-3 Investment incomeExcluded from tax $33,884$33,884
VIII-6 Net rental income or lossExcluded from tax $15,414$15,414
VIII-7 Net gain or loss on sales of assetsRelated to mission $7,700$7,700
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $808$808
VIII-12 Total revenueRelated to mission $246,163 · Excluded from tax $49,298$480,063
Part IX · Statement of functional expenses $587,584 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $14,839$14,839
IX-2 Grants to domestic individualsPrograms $15,171$15,171
IX-5 Pay of current officers, directors and key staffPrograms $60,248 · Management $15,062$75,310
IX-7 Other salaries and wagesPrograms $75,916 · Management $18,979$94,895
IX-9 Other employee benefitsPrograms $97 · Management $8,000$8,097
IX-10 Payroll taxesPrograms $12,839 · Management $1,019$13,858
IX-11c Accounting feesManagement $250$250
IX-11g Other fees for servicesPrograms $15,524 · Management $1,831$17,355
IX-12 Advertising and promotionPrograms $2,650$2,650
IX-13 Office expensesPrograms $6,714 · Management $244$6,958
IX-16 OccupancyPrograms $5,464 · Management $12,962$18,426
IX-17 TravelPrograms $134$134
IX-22 Depreciation, depletion and amortizationPrograms $10,648 · Management $42,590$53,238
IX-23 InsuranceManagement $11,475$11,475
IX-24 Other expenses (24a–d)Programs $213,409 · Management $11,508$224,917
IX-24e All other expensesPrograms $18,633 · Management $11,378$30,011
IX-25 Total functional expensesPrograms $452,286 · Management $135,298 · Fundraising $0$587,584
Part X · Balance sheet $1,942,862 assets, 11 lines filed
Asset lines not itemized here account for $1,281; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $44,342$58,377
X-2 Savings and temporary cash investmentsStart of year $115,182$35,666
X-8 Inventories for sale or useStart of year $67,652$65,680
X-10c Land, buildings and equipment, netStart of year $1,167,074$1,166,160
X-11 Publicly traded securitiesStart of year $676,619$615,698
X-16 Total assetsStart of year $2,071,063$1,942,862
X-17 Accounts payable and accrued expensesStart of year $41,979$21,299
X-26 Total liabilitiesStart of year $41,979$21,299
X-27 Net assets without donor restrictionsStart of year $2,029,084$1,921,563
X-32 Total net assets or fund balancesStart of year $2,029,084$1,921,563
X-33 Total liabilities and net assetsStart of year $2,071,063$1,942,862
Part XI · Reconciliation of net assets $1,921,563 net assets at year end
XI-1 Total revenue$480,063
XI-2 Total expenses$587,584
XI-3 Revenue less expenses−$107,521
XI-4 Net assets at start of year$2,029,084
XI-10 Net assets at end of year$1,921,563

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

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