Hope International FY2023 filing

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Spread the teachings and doctrines of the seventh day adventist church

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$107K 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
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
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$107K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $677K in investments, Pt X · Ln 11–13
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$42K
2% of total assets
Looks good: liabilities are 2% 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
$369K
+5% vs prior year
Spent
$562K
To programs
73%
Net assets
$2.0M
By yearFY2020–FY2024
Revenue
$369K
FY2023▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$803K
FY2021$618K
FY2022$352K
FY2023$369K
FY2024$480K
Expenses
$562K
FY2023▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$667K
FY2021$603K
FY2022$502K
FY2023$562K
FY2024$588K
Net assets
$2.0M
FY2023▼ -9%
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 FY2023 Form 990 · figures checked against the IRS filing · see the original

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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 Nov 1988.

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

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $410K Management & general 27% · $152K

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

7 people listed on the 990; $107K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$58,584Pt VII · Sec A
$48,673Pt 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.

See Hope International executive salaries →

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.

Questions for Hope International

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1 program · $410K · in their own filed words · FY2023
01

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

$410Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$369K
Ln 12
Other incomeLn 4–11$268K
Gifts and grantsLn 1h$97K
Investment incomeLn 3$3K
Money outPt IX
$562K
Ln 25
Programscol B$410K
Managementcol C$152K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$160K
Total assetsLn 16$2.1M
LiabilitiesLn 26$42K
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$97K
Investment incomeLn 3$3K
Other incomeLn 4–11$268K
Gains on assetsLn 7−$12K
Total revenueLn 12$369K
Assets in detailPt X, end of year
CashLn 1$44K
SavingsLn 2$115K
Cash and savings togetherLn 1–2$160K
Notes and loans receivableLn 7$194
Inventories for sale or useLn 8$68K
Land, buildings, equipmentLn 10c$1.2M
InvestmentsLn 11–13$677K
Total assetsLn 16$2.1M
LiabilitiesLn 26$42K
Net assetsLn 32$2.0M
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 FY23End FY23
Cash and savingsLn 1–2$196K$160K
InvestmentsLn 11–13$674K$677K
Land, buildings, equipmentLn 10c$1.2M$1.2M
Total assetsLn 16$2.3M$2.1M
LiabilitiesLn 26$36K$42K
Net assetsLn 32$2.2M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3K$3K
Grants to domestic individualsLn 2$17K$17K
Pay of current officers, directors and key staffLn 5$107K$86K$21K
Other salaries and wagesLn 7$80K$64K$16K
Other employee benefitsLn 9$11K$937$10K
Payroll taxesLn 10$16K$14K$2K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$12K$2K$10K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$8K$7K$416
OccupancyLn 16$27K$5K$21K
TravelLn 17$457$283$174
InterestLn 20$111$111
Depreciation, depletion and amortizationLn 22$45K$9K$36K
InsuranceLn 23$16K$2K$14K
Other expenses (24a–d)Ln 24$190K$190K$227
All other expensesLn 24e$22K$7K$15K
Total functional expensesLn 25$562K$410K$152K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 4, 2025 $480K$588K−$108K$1.9M 990 PDF
FY2023 ViewingFiled with the IRS May 1, 2025 $369K$562K−$193K$2.0M 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $352K$502K−$150K$2.2M 990 PDF
FY2021Filed with the IRS Nov 10, 2022 $618K$603K$14K$2.4M 990 PDF
FY2020Filed with the IRS Nov 11, 2021 $803K$667K$137K$2.4M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $368,521 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $124,985$97,211
I-9 Program service revenue$0
I-10 Investment incomePrior year $5,206$3,240
I-11 Other revenuePrior year $222,078$268,070
I-12 Total revenuePrior year $352,269$368,521
I-13 Grants and similar amounts paidPrior year $43,629$19,996
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $177,003$215,034
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $281,156$326,877
I-18 Total expensesPrior year $501,788$561,907
I-19 Revenue less expensesPrior year −$149,519−$193,386
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 $368,521 across 7 lines filed
Lines not itemized here account for $232,356 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$97,211
VIII-1h Total contributions, gifts and grants$97,211
VIII-3 Investment incomeExcluded from tax $14,765$14,765
VIII-6 Net rental income or lossExcluded from tax $24,809$24,809
VIII-7 Net gain or loss on sales of assetsRelated to mission −$11,525−$11,525
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $10,905$10,905
VIII-12 Total revenueRelated to mission $231,736 · Excluded from tax $39,574$368,521
Part IX · Statement of functional expenses $561,907 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $3,200$3,200
IX-2 Grants to domestic individualsPrograms $16,796$16,796
IX-5 Pay of current officers, directors and key staffPrograms $85,805 · Management $21,452$107,257
IX-7 Other salaries and wagesPrograms $64,222 · Management $16,056$80,278
IX-9 Other employee benefitsPrograms $937 · Management $10,189$11,126
IX-10 Payroll taxesPrograms $14,035 · Management $2,338$16,373
IX-11c Accounting feesManagement $4,300$4,300
IX-11g Other fees for servicesPrograms $2,380 · Management $10,025$12,405
IX-12 Advertising and promotionPrograms $2,950$2,950
IX-13 Office expensesPrograms $7,214 · Management $416$7,630
IX-16 OccupancyPrograms $5,395 · Management $21,416$26,811
IX-17 TravelPrograms $283 · Management $174$457
IX-20 InterestManagement $111$111
IX-22 Depreciation, depletion and amortizationPrograms $8,996 · Management $35,985$44,981
IX-23 InsurancePrograms $1,545 · Management $14,116$15,661
IX-24 Other expenses (24a–d)Programs $189,715 · Management $227$189,942
IX-24e All other expensesPrograms $6,762 · Management $14,867$21,629
IX-25 Total functional expensesPrograms $410,235 · Management $151,672 · Fundraising $0$561,907
Part X · Balance sheet $2,071,063 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $80,718$44,342
X-2 Savings and temporary cash investmentsStart of year $114,931$115,182
X-7 Notes and loans receivableStart of year $100,109$194
X-8 Inventories for sale or useStart of year $78,922$67,652
X-10c Land, buildings and equipment, netStart of year $1,203,122$1,167,074
X-11 Publicly traded securitiesStart of year $673,508$676,619
X-16 Total assetsStart of year $2,258,160$2,071,063
X-17 Accounts payable and accrued expensesStart of year $29,003$41,979
X-26 Total liabilitiesStart of year $35,690$41,979
X-27 Net assets without donor restrictionsStart of year $2,222,470$2,029,084
X-32 Total net assets or fund balancesStart of year $2,222,470$2,029,084
X-33 Total liabilities and net assetsStart of year $2,258,160$2,071,063
Part XI · Reconciliation of net assets $2,029,084 net assets at year end
XI-1 Total revenue$368,521
XI-2 Total expenses$561,907
XI-3 Revenue less expenses−$193,386
XI-4 Net assets at start of year$2,222,470
XI-10 Net assets at end of year$2,029,084

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

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