HOME OF HOPE INDIA - US

EIN: 421731241 501(c)(3) International Affairs

WILMINGTON, NC

Total Revenue
$1,642,267
Total Expenses
$1,355,348
Total Assets
$1,827,895
Net Assets
$1,826,995
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NC
Principal Officer
CAROL SKOGLUND
Phone
2164084249
Tax Period
2025-01-01 to 2025-12-31

HOME OF HOPE INDIA - US, founded in 2007, is a community nonprofit in the International Affairs sector that reported $1.6M in total revenue in fiscal year 2025. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $287K, a strong 17% operating margin.

Mission

HOMES OF HOPE IS A COLLABORATION WITH NINE CONGREGATIONS OF DEVOTED CATHOLIC SISTERS -- SALESIAN; CARMELITE; FRANCISCAN CLARIST; HOLY SPIRIT; MISSIONARY SISTERS OF MARY HELP OF CHRISTIANS; JESUS, MARY, AND JOSEPH; SACRED HEART; ST. ANNE; AND URSULINE FRANCISCAN. WE WORK WITH THE SISTERS TO RESCUE, HOUSE AND EDUCATE 2000+ ORPHAN GIRLS, THE UNWANTED "STREET CHILDREN" OF INDIA AND ASSIST IN THE EDUCATION OF 70,000 BOYS AND GIRLS, THE POOREST OF THE POOR

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,594,943
Program Service Revenue $0
Investment Income $47,066
Other Revenue $258
TOTAL REVENUE $1,642,267

Expense Breakdown

Grants Paid $1,239,550
Salaries & Benefits $81,024
Fundraising Expenses $20,452
Program Expenses $1,239,883
Other Expenses $34,774
TOTAL EXPENSES $1,355,348

Year-over-Year Comparison

2025 2024 Change
Revenue $1,642,267 $1,374,178 +0.2%
Expenses $1,355,348 $1,415,088 0.0%
Net Income $286,919 $-40,910 -8.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
1
Volunteers
25

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
$75,000
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA BENNETT BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN CLEGG BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES FIENUP BOARD MEMBER 1.00
Director
$0 $0 $0
GLEN GAIDOS BOARD MEMBER 1.00
Director
$0 $0 $0
RUPA GRUMMON BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK MARRIOTT BOARD MEMBER 1.00
Director
$0 $0 $0
JANICE O'NEILL BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH TALLARICO BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL WILKES BOARD MEMBER 1.00
Director
$0 $0 $0
CAROL SKOGLUND EXECUTIVE DI 40.00
Officer
$75,000 $0 $75,000
BARBARA BUSH BOARD MEMBER 1.00
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
2025 $1,642,267 $1,355,348 $1,827,895 $286,919
2024 $1,374,178 $1,415,088 $1,543,840 $-40,910
2023 $1,497,802 $1,250,172 $1,580,986 $247,630
2022 $1,594,358 $950,644 $1,333,708 $643,714
2021 $1,112,153 $1,064,419 $689,833 $47,734
2020 $1,277,183 $1,096,242 $642,042 $180,941
2019 $1,369,212 $1,453,358 $458,794 $-84,146
2018 $1,095,325 $942,742 $544,629 $152,583
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOME OF HOPE INDIA - US with other nonprofits in North Carolina and across the country.