BOLD HOPE INC

EIN: 271895442 501(c)(3) International Affairs

DOYLESTOWN, PA

Total Revenue
$2,401,579
Total Expenses
$2,609,400
Total Assets
$1,144,740
Net Assets
$880,415
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
PA
Principal Officer
ANDREW JONES
Phone
2675445016
Tax Period
2023-09-01 to 2024-08-31

BOLD HOPE INC, founded in 2010, is a community nonprofit in the International Affairs sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

BOLD HOPE EXISTS TO INSPIRE HOPE BY CONNECTING AND EMPOWERING PEOPLE TO TRANSFORM LIVES WORLDWIDE. WE INITIATE CONNECTION THROUGH SERVICE AND SPONSORSHIP - COLLABORATING TO SUPPORT GOD'S WORK IN ORDER TO IMPACT LIVES GLOBALLY. WE COME ALONGSIDE LOCAL MINISTRY PARTNERS TO PROVIDE SUPPORT FOR THE GOOD WORK ALREADY BEING ACCOMPLISHED, TACKLING EACH PHYSICAL AND EMOTIONAL NEED THAT PRESENTS ITSELF WHILE SHARING THE GOSPEL. A FOCUS ON DISCIPLE-MAKING IS PARAMOUNT; WITHOUT A SAVING KNOWLEDGE OF JESUS CHRIST, THERE CAN BE NO REAL HOPE DESPITE IMPROVED CIRCUMSTANCES.

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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 $2,238,670
Program Service Revenue $0
Investment Income $650
Other Revenue $162,259
TOTAL REVENUE $2,401,579

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,217,522
Fundraising Expenses $96,349
Program Expenses $2,192,468
Other Expenses $1,391,878
TOTAL EXPENSES $2,609,400

Year-over-Year Comparison

2023 2022 Change
Revenue $2,401,579 $1,693,646 +0.4%
Expenses $2,609,400 $1,822,353 +0.4%
Net Income $-207,821 $-128,707 +0.6%
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
11
Independent Members
11
Employees
12
Volunteers
21

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
7
$279,155
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER RAMSDELL VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
KARIN LEAVER BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN JONES BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF HIRSCHOFF CHAIRMAN 1.00
Officer Director
$0 $0 $0
RICHARD B MILLHAM JR BOARD MEMBER 1.00
Director
$0 $0 $0
ZUBIN WHITE BOARD MEMBER (TO 12.31.23) 1.00
Director
$0 $0 $0
MARK WHITE BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY OLSON BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT GRIFFITH BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH CORNWELL SECRETARY (FROM 01.08.24) 1.00
Officer Director
$0 $0 $0
RICHARD TERRY BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL MILLER SECRETARY (TO 01.08.24) 0.00
Officer Director
$0 $0 $0
ANDREW JONES EXECUTIVE DIRECTOR 40.00
Officer
$141,380 $0 $141,380
MATTHEW JONES MANAGING DIRECTOR 40.00
Officer
$137,775 $0 $137,775
ALBERT BRUCE TREASURER (TO 12.31.24) 1.00
Officer
$0 $0 $0
ROSITA CHOMIK BUSINESS MANAGER 40.00
Highest
$103,751 $0 $103,751
CHRISTOPHER DAUGAARD MARKETING&WEBSITE SPECIALIST 40.00
Highest
$123,469 $0 $123,469
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 $2,380,315 $2,635,250 $1,097,620 $-254,935
2024 $2,401,579 $2,609,400 $1,144,740 $-207,821
2023 $1,693,646 $1,822,353 $1,191,009 $-128,707
2022 $1,939,641 $2,022,493 $1,239,504 $-82,852
2021 $1,633,373 $1,560,800 $1,424,548 $72,573
2020 $1,196,420 $1,333,048 $1,301,149 $-136,628
2019 $1,324,616 $1,319,994 $1,302,970 $4,622
2018 $1,114,079 $1,147,799 $1,298,348 $-33,720
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