VILLAGE OF HOPE INC

EIN: 850530400 501(c)(3) Human Services

CORINTH, NY

Total Revenue
$283,291
Total Expenses
$290,067
Total Assets
$5,607
Net Assets
$5,607
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NY
Phone
5187915903
Tax Period
2024-01-01 to 2024-12-31

VILLAGE OF HOPE INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $283K in total revenue in fiscal year 2024.

Mission

To rescue educate and bring hope to girls boys and the needy in Kenya. To come alongside our community members in rural Kenya to fight their struggles together including but not limited to providing free education employment opportunities safe boarding home for at risk girls and medical care.

Program Service Accomplishments

Program 1
Expenses: $235,596 Revenue: $0

Provide education to poverty stricken boys and girls including supplies food medical care housing uniforms and all other costs associated with education; Provide a safe place for girls and their...

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Provide education to poverty stricken boys and girls including supplies food medical care housing uniforms and all other costs associated with education; Provide a safe place for girls and their babies through a boarding house; Provide opportunities for poverty stricken adults such as employment. Funds were raised and provided to a local partner organization in Kenya to implement agreed upon work for the above mission. Money was raised from private donors businesses churches and other charity organizations.

Program 2
Expenses: $20,840 Revenue: $0

Volunteer trips: Teams of people are educated on VOH prior to a trip to learn the culture and how to partner with VOH. They then travel to see the work on the ground and to strengthen the...

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Volunteer trips: Teams of people are educated on VOH prior to a trip to learn the culture and how to partner with VOH. They then travel to see the work on the ground and to strengthen the relationship with VOH and the community we serve.

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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 $283,291
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $283,291

Expense Breakdown

Grants Paid $235,596
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $256,436
Other Expenses $54,471
TOTAL EXPENSES $290,067

Year-over-Year Comparison

2024 2023 Change
Revenue $283,291 $266,165 +0.1%
Expenses $290,067 $271,507 +0.1%
Net Income $-6,776 $-5,342 +0.3%
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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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
30

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Derek Bevan President 40.00
Officer Director
$0 $0 $0
Chelsea Paniccia Treasurer 30.00
Officer Director
$0 $0 $0
Sarah Maynard Secretary 1.00
Officer Director
$0 $0 $0
Michael Burns Board Member 5.00
Director
$0 $0 $0
Mary Jane Bevan Board Member 40.00
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
2024 $283,291 $290,067 $5,607 $-6,776
2023 $266,165 $271,507 $12,383 $-5,342
2022 $222,007 $224,875 $18,105 $-2,868
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