Hope for the World Foundation Inc

EIN: 352535225 501(c)(3) Religion

Spring Hill, TN

Total Revenue
$827,876
Total Expenses
$816,887
Total Assets
$544,414
Net Assets
$536,567
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TN
Principal Officer
Kenneth H Mullins
Phone
8778154389
Tax Period
2025-01-01 to 2025-12-31

Hope for the World Foundation Inc, founded in 2015, is a small nonprofit in the Religion sector that reported $828K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year.

Mission

Hope for the World Foundation seeks to rescue Albanian people from poverty, reveal purpose in their lives through education and restore hope to people and orphans in Albania.

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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 (2025)

Revenue Breakdown

Contributions & Grants $827,523
Program Service Revenue $0
Investment Income $0
Other Revenue $353
TOTAL REVENUE $827,876

Expense Breakdown

Grants Paid $570,299
Salaries & Benefits $166,035
Fundraising Expenses $8,351
Program Expenses $802,160
Other Expenses $80,553
TOTAL EXPENSES $816,887

Year-over-Year Comparison

2025 2024 Change
Revenue $827,876 $945,191 -0.1%
Expenses $816,887 $697,507 +0.2%
Net Income $10,989 $247,684 -1.0%
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
7
Independent Members
7
Employees
3
Volunteers
N/A

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
1
$125,000
Total Directors
7
$0
Key Employees
1
$125,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth H Mullins President CEO 40.00
Officer Key Emp
$125,000 $0 $125,000
Daniel Woodcock Director 0.25
Director
$0 $0 $0
Larry Barker Director 0.25
Director
$0 $0 $0
Chris Martin Director 0.25
Director
$0 $0 $0
Edie Middlebrooks Board Chairman 0.25
Director
$0 $0 $0
Yuriy Mayba Treasurer 0.25
Director
$0 $0 $0
DeAnne Stumbo Director 0.25
Director
$0 $0 $0
Gracie Wilson Director 0.25
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
2025 $827,876 $816,887 $544,414 $10,989
2024 $945,191 $697,507 $526,388 $247,684
2023 $761,649 $708,348 $281,820 $53,301
2022 $732,518 $599,704 $249,599 $132,814
2021 $613,253 $556,095 $130,711 $57,158
2020 $476,206 $509,119 $69,413 $-32,913
2019 $575,458 $535,200 $80,197 $40,258
2018 $485,522 $497,410 $44,859 $-11,888
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