GLOBAL HOPE INC

EIN: 263444928 501(c)(3) International Affairs

ANAHEIM, CA

Total Revenue
$333,863
Total Expenses
$251,826
Total Assets
$245,727
Net Assets
$245,727
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
YONG CHO
Phone
6268318228
Tax Period
2023-01-01 to 2023-12-31

GLOBAL HOPE INC, founded in 2009, is a small nonprofit in the International Affairs sector that reported $334K in total revenue in fiscal year 2023. The organization ran a surplus of $82K, a strong 25% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE ASSISTANCE TO THE POOR AND DISASTER-STRICKEN AND MISSIONARY WORK IN DEVELOPING NATIONS

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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 $333,011
Program Service Revenue $0
Investment Income $852
Other Revenue $0
TOTAL REVENUE $333,863

Expense Breakdown

Grants Paid $238,499
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $238,499
Other Expenses $13,327
TOTAL EXPENSES $251,826

Year-over-Year Comparison

2023 2022 Change
Revenue $333,863 $348,342 0.0%
Expenses $251,826 $420,021 -0.4%
Net Income $82,037 $-71,679 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
3

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YONG CHO PRESIDENT 40.00
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 $333,863 $251,826 $245,727 $82,037
2022 $348,342 $420,021 No data $-71,679
2021 $281,025 $216,489 $235,369 $64,536
2020 $226,594 $209,475 $170,833 $17,119
2019 $146,103 $222,225 $153,714 $-76,122
2018 $200,962 $141,929 $229,836 $59,033
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