Hope for Humanity Inc

EIN: 201984786 501(c)(3)

Goochland, VA

Total Revenue
$147,132
Total Expenses
$202,532
Total Assets
$105,523
Net Assets
$104,818
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
VA
Principal Officer
James E Wright
Phone
8045161890
Tax Period
2023-01-01 to 2023-12-31

Hope for Humanity Inc, founded in 2004, is a small nonprofit that reported $147K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $203K exceeded revenue, resulting in a 38% operating deficit.

Mission

The mission of Hope for Humanity, Inc is to equip South Sudans girls and boys for leadership through secondary education with a Christian foundation. We support the entire operation of Hope and Resurrection Secondary School in Atiaba, South Sudan that educates approximately 350 students each year and pays the salaries of fourteen professional South Sudanese teachers and six staff. The school is co-educational and girls are strongly encouraged to attend. The addition of girls dorms in 2013 has helped build and maintain the success of girls at the school. The graduates are leaders in their communities and are among the most highly educated citizens of one of the worlds poorest countries.

Program Service Accomplishments

Program 1
Expenses: $127,123 Revenue: $148,218

The organization supports a school in South Sudan, Sub-Saharan Africa.

Program 2
Expenses: $73,338 Revenue: $0

general operating expenses not related to the school operations in South Sudan, Africa

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $146,218
Program Service Revenue $0
Investment Income $914
Other Revenue $0
TOTAL REVENUE $147,132

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,765
Fundraising Expenses $1,470
Program Expenses $200,461
Other Expenses $191,767
TOTAL EXPENSES $202,532

Year-over-Year Comparison

2023 2022 Change
Revenue $147,132 $162,299 -0.1%
Expenses $202,532 $206,692 0.0%
Net Income $-55,400 $-44,393 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
2
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$10,000
Total Directors
4
$0
Key Employees
1
$10,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James E Wright Board of Directors 6.00
Officer Director
$0 $0 $0
Suzanne M Wright Executive Director 20.00
Officer Key Emp Highest
$10,000 $0 $10,000
Catherine Ogle Perrin Board of Directors 5.00
Director
$0 $0 $0
Mary Higbee Board of Directors 10.00
Director
$0 $0 $0
Kathryn Theado Board of Directors 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $147,132 $202,532 $105,523 $-55,400
2022 $162,299 $206,692 $141,723 $-44,393
2021 $211,130 $183,243 $186,596 $27,887
2020 $169,348 $189,187 $157,935 $-19,839
2018 $172,174 $206,132 $214,142 $-33,958
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