SYMPHONY OF HOPE INTERNATIONAL FKA SOUNDS OF PROMISE

EIN: 912157643 501(c)(3) Human Services

SAN LEANDRO, CA

Total Revenue
$257,351
Total Expenses
$223,289
Total Assets
$332,586
Net Assets
$332,586
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
CA
Principal Officer
LORI KING
Phone
5103887512
Tax Period
2023-01-01 to 2023-12-31

SYMPHONY OF HOPE INTERNATIONAL FKA SOUNDS OF PROMISE, founded in 2001, is a small nonprofit in the Human Services sector that reported $257K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $223K left a modest 13% surplus.

Mission

PROVIDE CHRISTIAN EDUCATION AND SUPPORT TO NEEDY CHILDREN; PROVIDE TRAVELING MINISTRY OF MUSIC.

Program Service Accomplishments

Program 1
Expenses: $220,768

SYMPHONY OF HOPE PACIFIC CONTINUED OUTREACH TO THE SUFFERING INDIGENOUS CHILDREN OF THE PACIFIC ISLAND NATIONS IN KONA, HAWAII. CLASSES ARE HELD TWICE A WEEK AT THE UNIVERSITY OF THE NATIONS CAMPUS...

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SYMPHONY OF HOPE PACIFIC CONTINUED OUTREACH TO THE SUFFERING INDIGENOUS CHILDREN OF THE PACIFIC ISLAND NATIONS IN KONA, HAWAII. CLASSES ARE HELD TWICE A WEEK AT THE UNIVERSITY OF THE NATIONS CAMPUS TO NATIVE CHILDREN FROM HAWAII, MARSHALL ISLANDS, SAMOA, TONGA, FIJI, MICRONESIA & MELANESIA.LONG TIME SYMPHONY OF HOPE STUDENT, ALI AFGHAN REFUGEE ESCAPING FROM ISIS TO GERMANY - CAME TO THE UNIVERSITY OF THE NATIONS IN KONA, HAWAII TO DO A DISCIPLESHIP TRAINING SCHOOL. THIS PUBLIC DECLARATION OF HIS CHRISTIAN FAITH AND PURSUIT OF MISSIONS TO HIS MUSLIM COMMUNITY IS A RESULT OF THE 6-YEAR INTENSIVE DISCIPLESHIP AND CLASSES WITH SYMPHONY OF HOPE.MEETINGS WITH LOREN CUNNINGHAM, FOUNDER OF YWAM, BEFORE HIS DEATH IN OCTOBER AT THE UNIVERSITY OF THE NATIONS CAMPUS IN KONA, HAWAII. CONTINUED MAJOR LONG-RANGE VISION AND ENDORSEMENT SHARED FOR SYMPHONY OF HOPE. NEW OUTREACHES INTO PAPUA NEW GUINEA, MICRONESIA, PAKISTAN, KYRGYZSTAN, TAJIKISTAN, ISRAEL, AND CAMBODIA DISCUSSED. WEEKLY SKYPE CLASSES CONTINUED TO TAKE PLACE FOR SYMPHONY OF HOPE INDIA, AND SYMPHONY OF HOPE GERMANY EVEN DURING THE GLOBAL PANDEMICCONTINUED VISION CASTING AND NEW FUTURE GOALS OF SYMPHONY OF HOPE SHARED BY DOUG MCCLURE AT SYMPHONY OF HOPE BOARD MEETING, AS WELL AS WITH OTHER SYMPHONY OF HOPE ADVISORS. SYMPHONY OF HOPE STUDENT/TEACHER, RICKY, WENT ON MANY OVERSEAS OUTREACHES FOR HIS BACHELOR'S DEGREE IN MUSIC EDUCATION AND MISSIONS. PERFORMANCES WERE HAD AND MAJOR CONNECTIONS FOR FUTURE SYMPHONY OF HOPE BASES WERE MADE IN JORDAN, ISRAEL, KYRGYZSTAN, TAJIKISTAN, PAKISTAN, AND IN WASHINGTON D.C. AT THE NATIONAL PRAYER BREAKFAST,ANOTHER SYMPHONY OF HOPE BASE WAS LAUNCHED THIS YEAR IN JORDAN. 45 CHILDREN LEARNED TO PLAY THEIR NATIONAL ANTHEM ON THE VIOLIN. THIS PROJECT CULMINATED IN A FINAL VIDEO PROJECT IN PETRA; THE MEDIA FROM THIS PROJECT HAS OPENED DOORS FOR SYMPHONY OF HOPE TO WORK IN THE SURROUNDING NATIONS OF JORDAN IN THE FUTURE. SYMPHONY OF HOPE BACHELOR'S DEGREE IN MUSIC EDUCATION AND MISSIONS THROUGH THE UNIVERSITY OF THE NATIONS IN KONA, HAWAII CONTINUED WITH MOBILIZING TEACHERS INTO SYMPHONY OF HOPE MINISTRY.MEETINGS OF RECONCILIATION AND CONNECTIONS WITH THE LEADERS OF THE OKANAGAN NATION ON THE INDIAN RESERVATION IN B.C. CANADA WERE HAD TO PREPARE FOR THE LAUNCH OF SYMPHONY OF HOPE FIRST NATIONS CANADA FOR 2024.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $257,351
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $257,351

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,409
Fundraising Expenses $0
Program Expenses $220,768
Other Expenses $82,880
TOTAL EXPENSES $223,289

Year-over-Year Comparison

2023 2022 Change
Revenue $257,351 $210,525 +0.2%
Expenses $223,289 $258,195 -0.1%
Net Income $34,062 $-47,670 -1.7%
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
5
Independent Members
4
Employees
N/A
Volunteers
5

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
JERRY COOK CEO 1.00
Officer Director
$0 $0 $0
ERIC KING CFO 1.00
Officer Director
$0 $0 $0
LORI KING SECRETARY 1.00
Officer Director
$0 $0 $0
DWAYNE SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA SMITH 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
2024 No data No data No data No data
2023 $257,351 $223,289 $332,586 $34,062
2022 $210,525 $258,195 $298,524 $-47,670
2019 $236,314 $255,143 $362,147 $-18,829
2018 $546,372 $187,318 $380,976 $359,054
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