HOPE INTERNATIONAL MINISTRIES NFP

EIN: 352180808 501(c)(3) International Affairs

WHEATON, IL

Total Revenue
$308,343
Total Expenses
$331,913
Total Assets
$93,160
Net Assets
$93,160
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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
2002
Legal Domicile
IL
Principal Officer
PAUL MINAKOV
Phone
6305467605
Tax Period
2024-01-01 to 2024-12-31

HOPE INTERNATIONAL MINISTRIES NFP, founded in 2002, is a small nonprofit in the International Affairs sector that reported $308K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum.

Mission

FREE VACATION BIBLE SCHOOL, SUMMER CAMP, REFUGEE ASSISTANCE SUPPORTED BY HOPE INTERNATIONAL MINISTRIES FOR YOUTH IN LATVIA, LITHUANIA, POLAND, ROMANIA, AND MOLDOVA AND PROVIDE AFTER SCHOOL PROGRAMS THROUGHOUT THE YEAR.

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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 $307,374
Program Service Revenue $0
Investment Income $969
Other Revenue $0
TOTAL REVENUE $308,343

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,000
Fundraising Expenses $0
Program Expenses $331,913
Other Expenses $211,913
TOTAL EXPENSES $331,913

Year-over-Year Comparison

2024 2023 Change
Revenue $308,343 $215,609 +0.4%
Expenses $331,913 $377,211 -0.1%
Net Income $-23,570 $-161,602 -0.9%
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
4
Independent Members
4
Employees
N/A
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
$120,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL MINAKOV PRESIDENT 0.00
Officer
$60,000 $0 $60,000
LEONID REGHETA BOARD PRESIDENT 0.00
Officer
$60,000 $0 $60,000
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 $308,343 $331,913 $93,160 $-23,570
2023 $215,609 $377,211 $116,730 $-161,602
2022 $464,907 $221,161 $300,634 $243,746
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