2023-09-22T09:29:41-05:00 2022-12-31 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2022-01-01 320360887 HOPE ADVANCEMENT INC HOPE 7174643220 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 JESSE CASLER TREASURER OF THE BOARD 7174643220 2023-09-22 1 JESSE CASLER 999009999 0 HARRISON PEREIRA P00746867 2159798800 2023-09-22 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JESSE CASLER 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 8655847 0 X WWW.HOPEINTERNATIONAL.ORG X 2011 DE TO HOLD, DEVELOP AND MANAGE INVESTMENTS IN MICROENTERPRISE DEVELOPMENT ORGANIZATIONS ON BEHALF OF AND TO ADVANCE THE PURPOSES OF HOPE INTERNATIONAL IN A MANNER CONSISTENT WITH THE CHARITABLE OBJECTIVES OF HOPE INTERNATIONAL. 3 0 0 0 0 0 9763547 8471016 0 0 120910 173667 -2 11164 9884455 8655847 0 1304481 0 0 0 0 0 0 0 127688 211449 127688 1515930 9756767 7139917 22610028 22546257 3067319 2935578 19542709 19610679 TO HOLD, DEVELOP, AND MANAGE INVESTMENTS IN MICROENTERPRISE DEVELOPMENT ORGANIZATIONS ON BEHALF OF AND TO ADVANCE THE PURPOSES OF HOPE INTERNATIONAL IN A MANNER CONSISTENT WITH THE CHARITABLE OBJECTIVES OF HOPE INTERNATIONAL. 0 0 1459453 1304481 SUPPORT HOPE INTERNATIONAL BY PROVIDING OPERATIONAL AND FINANCIAL SUPPORT. 1459453 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 0 0 0 0 1 BY CF HA HK MI RW UP ZA ZI 0 0 0 0 0 0 0 0 0 0 X 3 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X JESSE CASLER 7174643220 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 PETER GREER PRESIDENT 0.50 52.00 X X 0 145527 31379 JESSE CASLER TREASURER 0.50 45.00 X X 0 80854 31096 MICAH CRIST SECRETARY 0.50 45.00 X X 0 90095 14748 0 316476 77223 0 0 1 0 0 8471016 8471016 173667 173667 MISCELLANEOUS INCOME 900099 11164 11164 11164 8655847 0 0 184831 1246000 1246000 58481 58481 42879 42879 LOAN LOSS EXPENSE 112093 112093 FINANCE EXPENSES 53727 53727 BANK FEES 1853 1853 897 897 1515930 1459453 56477 0 1315012 4936770 7787177 4241654 13447737 13102315 60102 265518 22610028 22546257 35611 230276 2706424 2371237 325284 334065 3067319 2935578 X 19542709 19610679 19542709 19610679 22610028 22546257 X 7139917 -7071947 X 0 1 X 1 0 X X 1 HOPE INTERNATIONAL 232836648 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN SUBSIDIARIES 13102315 F 13102315 MICROFINANCE LOANS PAYABLE 318000 INTEREST PAYABLE 16065 334065 X PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2019-2021) OR EXPECTED TO BE TAKEN IN HOPE'S 2022 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. 1 SUBSAHARAN AFRICA 0 0 INVESTMENTS, GRANT TO RECIPIENT LOCATED IN REGION. 11832178 RUSSIA AND NEIGHBORING STATES 0 0 INVESTMENTS 721823 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 118176 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 488619 0 0 0 0 0 0 13160796 0 13160796 SUB-SAHARAN AFRICA FOR A STAFF BONUS INCENTIVE FUNDED BY HOPE INTERNATIONAL 58481 0 1 0 0 0 1 0 0 0 PART I, LINE 2: FOREIGN ENTITIES THAT RECEIVE GRANTS FROM HOPE ADVANCEMENT ARE ALL FOCUSED ON MICROENTERPRISE DEVELOPMENT AND ARE IN LINE WITH HOPE'S MISSION TO ALLEVIATE BOTH PHYSICAL AND SPIRITUAL POVERTY. FOREIGN ENTITIES THAT RECEIVE FUNDING FROM HOPE ADVANCEMENT ARE REQUIRED TO SUBMIT FINANCIAL INFORMATION WHICH DEPICTS BOTH THEIR FINANCIAL AND MISSION STATUS ON AT LEAST A QUARTERLY BASIS. THIS INFORMATION IS THEN REVIEWED BY HOPE'S CHIEF OPERATING OFFICER ON A REGULAR BASIS. FURTHERMORE, REPRESENTATIVES OF HOPE ADVANCEMENT REGULARLY VISIT THE FOREIGN ENTITIES THAT RECEIVE HOPE ADVANCEMENT'S FUNDING. PART III ACCOUNTING METHOD: 1 GIVERS LEGACY FOUNDATION 1901 ULMERTON ROAD SUITE 400 CLEARWATER FL 33762 593498416 501(C)(3) 1246000 0 FOR THE PURCHASE OF SHARES OF TURAME 1 0 PART I, LINE 2: ENTITIES THAT RECEIVE GRANTS FROM HOPE ADVANCEMENT ARE ALL FOCUSED ON MICROENTERPRISE DEVELOPMENT AND ARE IN LINE WITH HOPE'S MISSION TO ALLEVIATE BOTH PHYSICAL AND SPIRITUAL POVERTY. ENTITIES THAT RECEIVE FUNDING FROM HOPE ARE REQUIRED TO SUBMIT FINANCIAL INFORMATION WHICH DEPICTS BOTH THEIR FINANCIAL AND MISSION STATUS ON AT LEAST A QUARTERLY BASIS. THIS INFORMATION IS THEN REVIEWED BY HOPE'S MANAGEMENT ON A REGULAR BASIS. 0 0 0 0 0 0 0 0 0 PETER GREER PRESIDENT 0 143937 0 0 0 1590 0 5000 0 26379 0 176906 0 0 FORM 990, PART VI, SECTION A, LINE 2 PETER GREER,JESSE CASLER & MICAH CRIST ARE ALL EMPLOYED AT HOPE INTERNATIONAL, A NOT-FOR-PROFIT ORGANIZATION, FOR WHICH PETER GREER IS PRESIDENT AND CEO AS WELL AS A BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A SEPARATE COMMITTEE TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE HOPE ADVANCEMENT BOARD OF DIRECTORS RECEIVES THE 990 PRIOR TO SUBMISSION TO THE IRS. THE TREASURER OR SECRETARY OF THE HOPE ADVANCEMENT BOARD REVIEWS AND APPROVES THE 990 ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A FORMAL CONFLICT OF INTEREST POLICY AND AN ANNUAL POLICY ACKNOWLEDGEMENT IS SIGNED BY ALL STAFF TO TRACK COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XI, LINE 9: LOSS ON FOREIGN CURRENCY TRANSLATION -1,181,828. EQUITY INTEREST IN INCOME OF MICROFINANCE INSTITUTIONS -4,819,762. LOSS ON FOREIGN CURRENCY TRANSACTIONS -159,583. DISTRIBUTION OF NON-CONTROLLING INTEREST -759,816. LOSS ON SALE OF CONTROLLING INTEREST STOCK -150,958. HOPE GLOBAL INVESTMENTS 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 834270963 RAISE AND PROVIDE CAPITAL TO MICROENTERPRISE PROGRAMS TO ALLEVIATE POVERTY DE 173675 2765453 HOPE ADVANCEMENT INC HOPE INTERNATIONAL 227 GRANITE RUN DRIVE LANCASTER PA 17601 232836648 TO INVEST IN THE DREAMS OF FAMILIES THE WORLD'S UNDERSERVED COMMUNITIES PA 501(C)(3) 7 0 HOPE BURUNDI SG AVENUE BURAGANE QUARTER ZEIMIT - BUJUMBURA BY 6488 SAVINGS GROUP PROGRAM BY 0 HOPE HONG KONG ROOM 1307-8 DOMINION CENTER 43-59 WANCHAI HK FUNDRAISING HK 0 HOPE ZAMBIA SG PLOT 3061/2 MAKISHI ROAD LUSAKA ZA SAVINGS GROUP PROGRAM ZA 0 HOPE HAITI SG 10 RUE ACACIA AVENUE DES TOURTEREL PORTAUPRINCE HA SAVINGS GROUP PROGRAM HA 0 HOPE ZIMBABWE SG 23 GOLDEN STAIRS RD EMERALD HILL HARARE ZI SAVINGS GROUP PROGRAM ZI 0 HOPE MALAWI SG AREA 47/5/37 LIZULU STREET LILONGWE MI SAVINGS GROUP PROGRAM MI 0 URWEGO BANK PLC BP 748 KIGALI RW MICROFINANCE RW C 0.99690 0 HOPE CONGO BP 15 130 82 RUE IEKANA MOUNGALI BRAZZAVILLE CF MICROFINANCE CF C 1.00000 0 HOPE UKRAINE OLEKSANDRA MYSHUHY STR BUILDING 10 KYIV UP 02141 MICROFINANCE UP C 0.85310 0 TURAME COMMUNITY FINANCE SA PO BOX 2893 N 33 AVENUE DE LA R BUJUMBURA BY MICROFINANCE BY C 0.14990 0 HOPE ADVANCEMENT - REGISTERED IN RWANDA REMERA GASABO UMUJYI WA KIGALI KIGALI RW PROVIDE IT SUPPORT, PROFESSIONAL SERVICES, AND CONSULTING SERVICES RW C 1.00000 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0