Special Hope Network

EIN: 263933134 501(c)(3) Human Services

BELLEVUE, WA

Total Revenue
$678,819
Total Expenses
$580,116
Total Assets
$343,487
Net Assets
$341,263
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
WA
Principal Officer
Eline Nelson
Phone
4252437601
Tax Period
2024-01-01 to 2024-12-31

Special Hope Network, founded in 2009, is a small nonprofit in the Human Services sector that reported $679K in total revenue in fiscal year 2024. Expenses of $580K left a modest 15% surplus.

Mission

SHN is a faith-based Christian organization called to bear witness to God's glory through caring for children with intellectual disabilities in Zambia by providing holistic health and education and therapies.

Program Service Accomplishments

Program 1
Expenses: $418,473

Caring for children with intellectual disabilities in Zambia by equipping families and caregivers to provide these children with a loving home, holistic health, and exceptional education therapies.

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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 $674,650
Program Service Revenue $0
Investment Income $4,169
Other Revenue $0
TOTAL REVENUE $678,819

Expense Breakdown

Grants Paid $255,245
Salaries & Benefits $207,212
Fundraising Expenses $79,619
Program Expenses $418,473
Other Expenses $75,700
TOTAL EXPENSES $580,116

Year-over-Year Comparison

2024 2023 Change
Revenue $678,819 N/A N/A
Expenses $580,116 $744,669 -0.2%
Net Income $98,703 $-744,669 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
N/A
Employees
4
Volunteers
10

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
$139,786
Total Directors
9
$139,786
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC NELSON President 40.00
Officer Director
$71,263 $0 $71,263
HOLLY NELSON VP of Education 40.00
Officer Director
$68,523 $0 $68,523
MIN KIM Board Chair 0.00
Director
$0 $0 $0
BENJAMIN MENENBERG Board Secretary 0.00
Director
$0 $0 $0
REBECCA FRY Board Member 0.00
Director
$0 $0 $0
REBECCA SCHARF BOARD MEMBER 0.00
Director
$0 $0 $0
BRANDON HARKLESS BOARD MEMBER 0.00
Director
$0 $0 $0
ELINE NELSON BOARD TREASURER 0.00
Director
$0 $0 $0
ELIZABETH DEWITT BOARD MEMBER 0.00
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 $678,819 $580,116 $343,487 $98,703
2023 $683,780 $744,669 $243,429 $-60,889
2022 $638,263 $675,532 $304,979 $-37,269
2021 $645,171 $480,851 $346,711 $164,320
2020 $511,334 $408,821 $178,207 $102,513
2019 $401,891 $452,239 $76,432 $-50,348
2018 $369,114 $376,693 $128,207 $-7,579
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