Hope for Home Ministries

EIN: 263093158 501(c)(3) Human Services

Troy, OH

Total Revenue
$1,459,063
Total Expenses
$1,367,935
Total Assets
$279,068
Net Assets
$278,017
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
OH
Principal Officer
Daryl Fulp
Phone
9372161300
Tax Period
2024-01-01 to 2024-12-31

Hope for Home Ministries, founded in 2008, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.4M left a modest 6% surplus.

Mission

Existing to bring glory to God by caring for children with special needs and addressing the systemic issues that cause special needs.

Program Service Accomplishments

Program 1
Expenses: $790,136

Providing Homes for Orphans, Children, and Adults with Special Needs: Over 50% of Guatemalan's overall population live below the poverty line. When resources are lacking, the most vulnerable...

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Providing Homes for Orphans, Children, and Adults with Special Needs: Over 50% of Guatemalan's overall population live below the poverty line. When resources are lacking, the most vulnerable, including those with disabilities, suffer the most. Our partners in Guatemala operate 4 family based homes for children as well as a home for adults. At the end of 2023, 36 children and adults with special needs were receiving care and learning about the love of Jesus in these homes. Our partners purchased a three acre tract of land in Paramos, Guatemala in early 2023. There they will build all of the group homes to provide what will be called Community of Hope. Liberia is among the poorest nations in the world, and orphans and children with special needs suffer most in this climate. People with disabilities are often abused and mistreated. Due to superstition, they are frequently viewed as demon possessed and are even murdered to try to avoid their curse. In 2024 we provided care for 35 children with special needs living in a community of 8 group homes. They receive food, housing, clothing, weekly Bible studies, an education. and all of their medical needs are met. At the end of 2024 we donated the homes and the property on which they were built to another 501(c)3, Live2540, and that ministry is continued under their umbrella.

Program 2
Expenses: $352,021

Provide Development Aid and Humanitarian Relief through Health and Nutrition: Hope for Home Ministries addresses these needs through a multitude of ways in 3 countries alongside 5 ministry partners...

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Provide Development Aid and Humanitarian Relief through Health and Nutrition: Hope for Home Ministries addresses these needs through a multitude of ways in 3 countries alongside 5 ministry partners. Our partners in Guatemala run a Rural Village Ministry which provides medical treatment, wheelchairs, medicine, therapy, formula, food, and education to children and families with special needs. This often enables children to stay with their families; without this help, many loving families would be forced to surrender their children to institutional care. In 2024, 217 families in 16 departments were ministered to. An afterschool program feeds 93 children and teaches them life and occupational skills. In Florida Aceituno, Guatemala, where the malnutrition rate is very high, Aliento's Feeding and Formula Programs bring hope and nutrition to a town that desperately needs both. Nutritional lunches are provided 3 times each week to over 150 people in conjunction with formula distribution and nutrition classes for the moms of infants and young children. Agriculture Programs in Guatemala and Liberia are growing food and raising hens and chickens to provide resources to related programs. At the end of 2024 we donated the hospital we founded and the property on which it was built to another 501(c)3 ministry, Live2540, and that ministry is continued under their umbrella.

Program 3
Expenses: $141,290

Provide Education, Evangelism and Discipleship: Our Liberia partners are operating 2 elementary schools. They had 233 students enrolled in 2024. Through individual sponsorship, every student receives...

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Provide Education, Evangelism and Discipleship: Our Liberia partners are operating 2 elementary schools. They had 233 students enrolled in 2024. Through individual sponsorship, every student receives an education, one meal each day, and free medical care. There were 8 students in Guatemala attending school through scholarship/sponsorship. Our partners in Guatemala are providing programs which address the pressing needs of victims of domestic abuse, sexual abuse, and human trafficking.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,408,477
Program Service Revenue $50,586
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,459,063

Expense Breakdown

Grants Paid $936,257
Salaries & Benefits $220,397
Fundraising Expenses $4,087
Program Expenses $1,325,347
Other Expenses $211,281
TOTAL EXPENSES $1,367,935

Year-over-Year Comparison

2024 2023 Change
Revenue $1,459,063 $1,358,194 +0.1%
Expenses $1,367,935 $1,724,284 -0.2%
Net Income $91,128 $-366,090 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
3
Employees
10
Volunteers
46

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
$81,512
Total Directors
5
$81,512
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daryl Fulp Director/Chariman 50.00
Officer Director
$37,181 $0 $37,181
Don Riley Vice Chairman 40.00
Officer Director
$32,477 $11,854 $44,331
Joseph Angle Board member 1.00
Director
$0 $0 $0
Clark Miller Board member 1.00
Director
$0 $0 $0
Steve Hayden Board member 1.00
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 $1,459,063 $1,367,935 $279,068 $91,128
2023 $1,358,194 $1,724,284 $188,316 $-366,090
2022 $1,672,052 $1,503,773 $531,153 $168,279
2021 $1,460,970 $1,436,491 $516,343 $24,479
2020 $1,500,336 $1,333,653 $473,313 $166,683
2019 $890,016 $790,554 $212,916 $99,462
2018 $727,677 $818,863 $100,164 $-91,186
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