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Hope International Ministries Inc

Hope Children'S Home

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 620879012 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Hope International Ministries Inc?

Hope International Ministries Inc., established in 1968, is a nonprofit organization situated in Tampa, Florida, with a second campus in Clovis, New Mexico. Their primary mission is to offer a safe, loving, and nurturing Christian home for children who have been abused, orphaned, or neglected, regardless of their origin. Spread across 55 acres of woodlands, the organization provides around-the-clock care, ensuring a supportive environment for children aged from infancy to 18 years. The educational program at Hope International Ministries is of high quality, offering preschool through high school education. Notably, the graduation rate surpasses state averages, with over 90% of the graduates pursuing higher education. The organization's support extends beyond the campus, providing tuition assistance and internship/work programs for its graduates. The ministry's operations are funded solely through the generosity of individuals, churches, and organizations. In summary, Hope International Ministries Inc. is a beacon of hope for children in need, offering a nurturing environment, education, and a strong foundation for future success.


Official website here: www.hopechildrenshome.org

What are the reviews and ratings of this charity?

**: Charity Navigator Rating 100% (Four-Star out of Four Stars)**tar)**

Hope International Ministries Inc holds an impressive Four-Star rating from Charity Navigator, reflecting outstanding accountability and financial health. This rating is primarily based on a perfect score for Accountability & Finance, indicating that the organization operates transparently and has well-managed financial practices, including no reported material diversion of assets and a robust program expense ratio of over 88%.

Strengths highlighted include an entirely independent board with adequate oversight and governance, as well as comprehensive policies in place for conflict of interest and whistleblower protection. The organization's financial health is further underscored by a strong working capital ratio, suggesting it is well-positioned to sustain its operations over the long term.

Unfortunately, user reviews from GreatNonprofits could not be fetched, so community sentiment regarding Hope International Ministries remains unavailable for this summary. Overall, the financial metrics and governance structures paint a very positive picture of the organization’s operational integrity and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Hope International Ministries Inc legitimate?

Hope International Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope International Ministries Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $155,574
Professional Fundraising Fees: $0
Other Salaries and Wages: $905,291

For more financial information, click here


Official website here: www.hopechildrenshome.org

What is the mission statement of Hope International Ministries Inc?

Hope International Ministries Inc's mission is centered around rescuing vulnerable children. The organization provides a secure and nurturing Christian environment for displaced children, offering them essentials such as food, shelter, education, and faith-based activities. Established over five decades ago, the organization has been committed to this mission, taking in children from abusive, orphaned, and neglected backgrounds, not just locally but globally. The ministry's residents range from infants to 18-year-olds, receiving education from preschool through high school. The educational program boasts a graduation rate surpassing statewide averages, with over 90% of the graduates pursuing further education. The organization's operations are entirely funded by individual, church, and organizational contributions. In September 2019, Hope International Ministries Inc expanded its mission to a second US campus in Clovis, New Mexico, to continue rescuing and caring for children in that area.


Official website here: www.hopechildrenshome.org

Who is the CEO of Hope International Ministries Inc?

Dr D Mike Higgins is the Executive Director of Hope International Ministries Inc.


Official website here: www.hopechildrenshome.org

What is the revenue of Hope International Ministries Inc?

Hope International Ministries Inc's revenue in 2022 was $8,373,355.


Official website here: www.hopechildrenshome.org

Who are the executives of Hope International Ministries Inc and what are their salaries?

The average compensation at Hope International Ministries Inc during 2022 was $21,217. There are 50 employees and 100 volunteers at Hope International Ministries Inc.


Here are 9 key members and their salaries:


David Sommerdorf (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Goins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Odom (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Murphy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mitten (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Harper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Hubbard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr D Mike Higgins (Executive Director)
  • Compensation: $80,898
  • Related: $0
  • Other: $36,919
Robin Sommerdorf (Financial Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopechildrenshome.org

Where can I find the form 990 for Hope International Ministries Inc?

Hope International Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopechildrenshome.org

Learn more at the official website: www.hopechildrenshome.org

Mission Statement of Hope International Ministries Inc

Hope International Ministries Inc, a nonprofit organization established in 1968, is dedicated to rescuing the next generation. This compassionate entity provides a secure and nurturing Christian environment for children who have been displaced due to abusive, orphaned, or neglected circumstances. The children, hailing from various parts of the world and Florida, find refuge in this organization.

The mission of Hope International Ministries Inc is multifaceted and comprehensive. It extends beyond just providing a shelter and food; the organization ensures that the children receive a well-rounded education, complete with faith-based activities. The children are cared for from infancy to the age of 18, with educational programs ranging from preschool to high school. The educational program's success is evident in its graduation rate, which surpasses statewide averages significantly. More than 90% of the graduates proceed to pursue higher education, and Hope International Ministries Inc offers support in the form of scholarships, internships, and work programs.

In addition to education, Hope International Ministries Inc offers spiritual guidance through faith-based activities. The organization is financed solely through contributions from individuals, churches, and organizations, demonstrating the extensive support it receives from its community. In September 2019, Hope International Ministries Inc expanded its reach by opening a second campus in Clovis, New Mexico, continuing its mission of rescuing children in the surrounding areas.

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Impact




July, 2024

Hope International Ministries Inc has had a profound impact on the lives of displaced children for over 50 years. By providing a stable and loving Christian home for children from abusive, orphaned, and neglected situations, this organization offers not just food and shelter, but also education and faith-based activities. With a graduation rate that far exceeds state averages, over 90% of the children go on to pursue a college education, supported by scholarships and internship opportunities provided by Hope. Additionally, the opening of a second campus in Clovis, New Mexico in 2019 further expands the reach of their mission to rescue and care for more children in need. The dedication of the staff, along with the support from individuals, churches, and organizations, ensures that Hope International Ministries Inc is making a lasting impact on the next generation.




This information is meant to be a general summary of Hope International Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,373,355 (2022)
Expenses
$6,811,528 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $43,736
  • Gross Receipts: $8,373,355

Assets and Liabilities:

  • Total Assets: $13,812,534
  • Total Liabilities: $49,553
  • Net Assets: $13,762,981

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Organization Details

Founding Year

1968

Principal Officer

Dr D Mike Higgins

Main Address

11415 Hope International Drive, Tampa, FL, 33625

NTEE Category

Code: P730 - Human services

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