HOPE FOUNDATION

EIN: 931271323 501(c)(3) International Affairs

Clackamas, OR

Total Revenue
$63,041
Total Expenses
$40,277
Total Assets
$97,004
Net Assets
$95,777
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
OR
Principal Officer
Cindy Larvick
Phone
5038265997
Tax Period
2021-01-01 to 2021-12-31

HOPE FOUNDATION, founded in 1999, is a micro nonprofit in the International Affairs sector that reported $63K in total revenue in fiscal year 2021. The organization ran a surplus of $23K, a strong 36% operating margin.

Mission

Hope Teams International's primary purpose is to promote and protect the well-being and healthy development of children and young adults, primarily by partnering with indigenous organizations who share similar faith-based values and who provide education, spiritual teaching, emotional support, medical care, developmental, nutritional aid, and relief to disadvantaged children and young adults throughout the world.

Program Service Accomplishments

Program 1
Expenses: $149 Revenue: $0

TEAMS Hope Teams, due to Covid 19 did not travel to Honduras in 2021.

Program 2
Expenses: $4,889 Revenue: $20,080

Child Sponsors provide food, clothing and shelter to orphans and street children in Honduras and Liberia.

Program 3
Expenses: $3,275 Revenue: $11,563

Special Projects - In 2020 Hope Teams supported special projects in Liberia and Honduras.

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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 (2021)

Revenue Breakdown

Contributions & Grants $63,034
Program Service Revenue $0
Investment Income $7
Other Revenue $0
TOTAL REVENUE $63,041

Expense Breakdown

Grants Paid $8,313
Salaries & Benefits $19,004
Fundraising Expenses $8,665
Program Expenses $16,698
Other Expenses $12,960
TOTAL EXPENSES $40,277

Year-over-Year Comparison

2021 2020 Change
Revenue $63,041 $59,584 +0.1%
Expenses $40,277 $40,315 0.0%
Net Income $22,764 $19,269 +0.2%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
7

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
$17,500
Total Directors
4
$17,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cindy Larvick President 8
Officer Director
$17,500 $0 $17,500
Victoria Henderson Secretary 0
Officer Director
$0 $0 $0
Hayley Cushman Treasurer 0
Officer Director
$0 $0 $0
Christian Larvick Chairman of the Board 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
2021 $63,041 $40,277 $97,004 $22,764
2020 $59,584 $40,315 $73,997 $19,269
2019 $140,610 $169,449 $54,848 $-28,839
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