GROWING HOPE GLOBALLY

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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

1999

Legal Domicile

Principal Officer

KAITLYN SLATE

Phone

7085054034

Tax Period

2024-04-01 to 2025-03-31

GROWING HOPE GLOBALLY, founded in 1999, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $3.2M exceeded revenue, resulting in a 22% operating deficit.

Mission

AS A CHRISTIAN RESPONSE TO WORLD HUNGER, GROWING HOPE GLOBALLY LINKS THE GRASSROOTS ENERGY AND COMMITMENT OF THE US AGRICULTURAL COMMUNITY WITH THE CAPABILITY AND DESIRE OF SMALL FARMERS IN DEVELOPING COUNTRIES TO GROW LASTING SOLUTIONS TO HUNGER.

Program Service Accomplishments

Program 1

Expenses: $2,878,207 Revenue: $327,168

GROWING PROJECTS BRING U.S. FARMERS, CHURCHES AND COMMUNITIES TOGETHER LOCALLY TO MAKE A GLOBAL DIFFERENCE BY GROWING CROPS, RAISING ANIMALS OR DOING OTHER ACTIVITIES TO RAISE SUPPORT AND AWARENESS FOR AGRICULTURAL DEVELOPMENT PROGRAMS AROUND THE WORLD. GROWING HOPE GLOBALLY FUNDS MORE THAN 40 AGRICULTURAL DEVELOPMENT PROGRAMS EACH YEAR THROUGH OUR IMPLEMENTING PARTNERS IN MORE THAN 20 COUNTRIES IN AFRICA, ASIA, SOUTH AND CENTRAL AMERICA AND THE CARIBBEAN. GROWING HOPE GLOBALLY VISITS 5-10 OVERSEAS PROGRAMS PER 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,223,835

Program Service Revenue $325,753

Investment Income $89,597

Other Revenue $1,415

TOTAL REVENUE $2,640,600

Expense Breakdown

Grants Paid $2,233,574

Salaries & Benefits $706,002

Fundraising Expenses $127,225

Program Expenses $2,878,207

Other Expenses $269,577

TOTAL EXPENSES $3,209,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,640,600	$2,889,147	-0.1%
Expenses	$3,209,153	$2,963,322	+0.1%
Net Income	$-568,553	$-74,175	+6.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

1170

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

$221,094

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN SKUNES	CHAIRMAN	2.00	Officer Director	$0	$0	$0
CAROL BREMER-BENNETT	2ND VICE CHAIR	1.00	Officer Director	$0	$0	$0
DWIGHT ROHRER	TREASURER	1.00	Officer Director	$0	$0	$0
JERRY LUNDEEN	DIRECTOR	1.00	Director	$0	$0	$0
JIM RUFENACHT	DIRECTOR	1.00	Director	$0	$0	$0
CLAUDE SCHROCK	DIRECTOR	1.00	Director	$0	$0	$0
MAURICE BLOEM	DIRECTOR	1.00	Director	$0	$0	$0
NIKKO BRADY	DIRECTOR	1.00	Director	$0	$0	$0
KARLI MOORE-GAITHER	DIRECTOR	1.00	Director	$0	$0	$0
SHARI PRESTEMON	DIRECTOR	1.00	Director	$0	$0	$0
KIRBY GOULD	DIRECTOR	1.00	Director	$0	$0	$0
AMIHAN JONES	DIRECTOR	1.00	Director	$0	$0	$0
LARAINE SALMON	DIRECTOR	1.00	Director	$0	$0	$0
ARLYN SCHIPPER	DIRECTOR	1.00	Director	$0	$0	$0
KARON SPECKMAN	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK BELL	DIRECTOR	1.00	Director	$0	$0	$0
DAN SNIPES	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
MARIE MAUST	DIRECTOR	1.00	Director	$0	$0	$0
DOUG YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
MARK SWANSON	INTERIM PRESIDENT & CEO (AS OF JAN 1)	50.00	Officer	$87,222	$18,172	$105,394
KAITLYN SLATE	PRESIDENT & CEO (AS OF MAY 1)	50.00	Officer	$103,333	$12,367	$115,700

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
2026	No data	No data	No data	No data
2025	$2,640,600	$3,209,153	$3,646,616	$-568,553
2024	$2,889,147	$2,963,322	$4,190,665	$-74,175
2023	$3,111,604	$2,711,792	$4,270,466	$399,812
2022	$3,385,561	$2,477,243	$4,107,302	$908,318
2021	$2,822,629	$2,633,207	$3,091,987	$189,422
2020	$2,593,872	$3,059,558	$2,983,271	$-465,686