HOPE OF AFRICA INC

EIN: 800861850 501(c)(3) Mental Health

Billings, MT

Total Revenue
$476,756
Total Expenses
$459,010
Total Assets
$225,014
Net Assets
$216,915
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MT
Principal Officer
HEATHER LYTLE
Phone
4068688510
Tax Period
2024-01-01 to 2024-12-31

HOPE OF AFRICA INC, founded in 2013, is a small nonprofit in the Mental Health sector that reported $477K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $459K left a modest 4% surplus.

Mission

Our purpose is to disciple the next generation of Christ centered leaders who will transform communities.

Program Service Accomplishments

Program 1
Expenses: $275,399 Revenue: $0

Youth Development: We disciple the next generation of leaders by helping young people define their calling, build life skills, and develop godly character. We provide mentoring, business classes...

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Youth Development: We disciple the next generation of leaders by helping young people define their calling, build life skills, and develop godly character. We provide mentoring, business classes, trade skills training, internships, and biblical leadership training to young adults.

Program 2
Expenses: $93,615 Revenue: $0

Community Development. We strive to bring transformation to communities by establishing networks of youth, families, pastors, teachers, and other local leaders who create solutions for local needs...

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Community Development. We strive to bring transformation to communities by establishing networks of youth, families, pastors, teachers, and other local leaders who create solutions for local needs. We hold youth camps and training seminars in areas such as youth ministry, sustainable farming, legal awareness, and human trafficking prevention. We partner with churches, schools, and other local organizations to raise up ministry leaders, advocate for the vulnerable, and equip local churches.

Program 3
Expenses: $0 Revenue: $0

Education: Hope of Africa provided funds for school fees and school supplies for (18) secondary school students in Uganda through an organization called Siyabonga Milele Africa, whose mission is to...

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Education: Hope of Africa provided funds for school fees and school supplies for (18) secondary school students in Uganda through an organization called Siyabonga Milele Africa, whose mission is to raise funds and awareness to educate, nurture and support Ugandan vulnerable children to their full potential.

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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 $472,250
Program Service Revenue $334
Investment Income $4,172
Other Revenue $0
TOTAL REVENUE $476,756

Expense Breakdown

Grants Paid $263,635
Salaries & Benefits $98,400
Fundraising Expenses $47,057
Program Expenses $369,014
Other Expenses $96,975
TOTAL EXPENSES $459,010

Year-over-Year Comparison

2024 2023 Change
Revenue $476,756 $573,014 -0.2%
Expenses $459,010 $503,524 -0.1%
Net Income $17,746 $69,490 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
3
Volunteers
1

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dyann Romeijn Board Member 2
Director
$0 $0 $0
Daniel Jensen Board President 2
Director
$0 $0 $0
Steve Schaub Board Treasurer 2
Director
$0 $0 $0
Ed Wiest Board Secretary 2
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
2024 $476,756 $459,010 $225,014 $17,746
2023 $573,014 $503,524 $205,576 $69,490
2022 $326,403 $343,651 $135,742 $-17,248
2021 $310,507 $301,876 $153,430 $8,631
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