2023-09-22T09:23:27-05:00 2022-12-31 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2022-01-01 232836648 HOPE INTERNATIONAL HOPE 7174643220 227 GRANITE RUN DRIVE 250 LANCASTER PA 17601 JESSE CASLER CHIEF OPERATING OFFICER 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 250 LANCASTER PA 17601 51913705 0 X WWW.HOPEINTERNATIONAL.ORG X 1996 PA TO INVEST IN THE DREAMS OF FAMILIES IN THE WORLD'S UNDERSERVED COMMUNITIES AS WE PROCLAIM AND LIVE THE GOSPEL. 12 11 174 200 0 0 27552397 35387341 0 0 428249 462383 131954 -608800 28112600 35240924 12226675 11418986 0 0 8689461 10805289 0 0 2912713 4610379 7766410 25526515 29990685 2586085 5250239 24473719 29071399 613709 1088766 23860010 27982633 X TO INVEST IN THE DREAMS OF FAMILIES IN THE WORLD'S UNDERSERVED COMMUNITIES AS WE PROCLAIM AND LIVE THE GOSPEL. 0 0 10491701 5254193 SAVINGS-LEDTHE HOPE INTERNATIONAL (HOPE) NETWORK OF SAVINGS GROUP PROGRAMS (SGS) PROVIDE INDIVIDUALS WITH A SAFE PLACE TO SAVE. FACILITATORS TRAIN GROUPS OF 10-30 MEMBERS TO POOL THEIR SAVINGS ON A REGULAR BASIS, SOMETIMES AS LITTLE AS 20-50 CENTS A WEEK. MEMBERS USE THEIR SAVINGS OR TAKE OUT LOANS FROM THE GROUP TO USE AS A BUFFER AGAINST EMERGENCIES, MAKE IMPORTANT HOUSEHOLD PURCHASES, OR INVEST IN BUSINESSES. AS MEMBERS MEET REGULARLY, THEY FELLOWSHIP WITH ONE ANOTHER, PRAY TOGETHER, AND STUDY GOD'S WORD. HOPE-MANAGED AND PARTNER SGS CURRENTLY SERVE AROUND THE GLOBE. 11024558 6048889 CREDIT-LEDHOPE-NETWORK MICROFINANCE INSTITUTIONS (MFIS) PROVIDE ENTREPRENEURS WITH SAVINGS ACCOUNTS AND SMALL LOANS TYPICALLY RANGING FROM $100-$2,000 TO INVEST IN THEIR BUSINESSES. WHEN INDIVIDUALS MEET REGULARLY TO REPAY THEIR LOANS, THEY ALSO WORSHIP TOGETHER, RECEIVE BUSINESS TRAINING, STUDY SCRIPTURE, AND ENCOURAGE EACH OTHER. ONCE REPAID, LOAN CAPITAL REVOLVES BACK INTO THE FUND TO LEND TO MORE ENTREPRENEURS. HOPE-MANAGED AND PARTNER MFIS CURRENTLY SERVE IN BURUNDI, THE DOMINICAN REPUBLIC, HAITI, MOLDOVA, PARAGUAY, THE PHILIPPINES, THE REPUBLIC OF CONGO, PARAGUAY, ROMANIA, RWANDA AND UKRAINE. 2072969 115904 OTHERHOPE'S OTHER PROGRAM SERVICES INCLUDE EDUCATION, THE PATHWAYS OUT OF POVERTY EXHIBIT, THE SAVINGS GROUP EXPERIENCE, AND DSU KIGALI. EDUCATION: HOPE STAFF INTRODUCE INDIVIDUALS TO THE WORK OF HOPE, SHARE A BIBLICAL PERSPECTIVE ON POVERTY, AND SPEAK AT CHURCHES, CONFERENCES, AND OTHER COMMUNITY EVENTS NOT SPONSORED BY HOPE. PATHWAYS OUT OF POVERTY EXHIBIT: THIS MULTI-SENSORY EXHIBIT USES STORIES OF INDIVIDUALS AROUND THE WORLD TO PORTRAY PEOPLE WORKING THEMSELVES OUT OF POVERTY. SAVINGS GROUP EXPERIENCE: HOPE RUNS INTERACTIVE SIMULATIONS AROUND THE U.S., WHICH ARE EXPERIENTIAL LEARNING OPPORTUNITIES DESIGNED TO HELP PARTICIPANTS SYMBOLICALLY EXPERIENCE THE POWER OF SAVINGS GROUPS TO LIFT FAMILIES OUT OF POVERTY. DSU KIGALI: A "DISTRIBUTED SERVICE UNIT" BASED IN RWANDA PROVIDING CONSULTING SERVICES TO PROGRAMS IN HOPE'S GLOBAL NETWORK. 23589228 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 1 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 X 57 0 174 1 0 1 BY CF HA HK MI RW UP ZA ZI 0 0 0 1 1 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA CO CT FL GA IL KS KY MD ME MS MI MN MA ND NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WI WV DC HI X X JESSE CASLER 7174643220 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 PETER GREER PRESIDENT & CEO 52.00 0.50 X X 145527 0 31379 JEFFREY RUTT CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 CHILOBE KALAMBO TREASURER 1.00 X X 0 0 0 DABBS CAVIN SECRETARY 1.00 X X 0 0 0 CATHI LINCH VICE CHAIRMAN 1.00 X X 0 0 0 DURWOOD SNEAD DIRECTOR 1.00 X 0 0 0 LANCE WOOD DIRECTOR 1.00 X 0 0 0 JOANNE YOUN DIRECTOR 1.00 X 0 0 0 DEENA MORGAN DIRECTOR 1.00 X 0 0 0 MEL MURRAY DIRECTOR 1.00 X 0 0 0 ALISA HOOBER DIRECTOR 1.00 X 0 0 0 JOSH RUYLE DIRECTOR 1.00 X 0 0 0 JESSE CASLER CHIEF OPERATING OFFICER 45.00 0.50 X 80854 0 31096 CHRISTOPHER HORST CHIEF ADVANCEMENT OFFICER 40.00 X 104529 0 31155 330910 0 93630 2 0 1 0 HOPE DSU KIGALI UMUYENZI PLAZA 3RD FL KN5 RD KIGALI RW CONSULTING 847217 MICROSOFT CORPORATION ONE MICROSOFT WAY REDMOND WA 98052 SOFTWARE LICENSES 177672 VARVELLIUM CONSULTING GROUP 4 BEACH TERRACE PORTBALLINTRAE UK CONSULTING 166840 ORACLE AMERICA INC 2300 ORACLE WAY AUSTIN TX 78741 SOFTWARE LICENSES 136668 4 6597188 28790153 238852 35387341 524102 524102 255450 77301 178149 178149 178149 15515485 15577204 -61719 -61719 -61719 160952 6597188 1018276 -857324 -857324 OTHER INCOME 900099 70375 70375 70375 35240924 70375 0 -216792 X 8651016 8651016 2767970 2767970 424540 248095 93337 83108 7726819 4515437 1698773 1512609 341116 200435 73983 66698 1696525 970737 386159 339629 616289 354387 140735 121167 94391 12555 81536 300 40264 32003 3755 4506 3165623 2911263 132351 122009 426106 67698 152190 206218 846161 474756 109842 261563 1046299 858053 107618 80628 188318 113572 71250 3496 45926 37928 7468 530 OTHER STAFF EXPENSES 1522798 1150940 293628 78230 OTHER EXPENSES HOPE INT 157836 110724 17007 30105 FINANCE EXPENSES 130100 9071 119112 1917 OTHER EXPENSES RWANDA 101370 101370 1218 1218 29990685 23589228 3488744 2912713 789924 1022000 288103 812814 2520267 2083313 0 304132 785584 1151027 4842493 1482425 3484448 3360068 16114398 18911373 306015 305709 184980 1120963 24473719 29071399 613709 711835 0 376931 613709 1088766 X 18747656 17071654 5112354 10910979 23860010 27982633 24473719 29071399 X 5250239 -1127432 -184 X 0 1 X 1 0 X 18193260 19221286 25786704 27552397 35387341 126140988 18193260 19221286 25786704 27552397 35387341 126140988 794609 125346379 307416 356606 403039 601749 779552 2448362 44988 95117 24354 16778 70375 251612 128840962 981886 0.97290 0.96810 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 44,988. 2019 AMOUNT: $ 95,117. 2020 AMOUNT: $ 24,354. 2022 AMOUNT: $ 70,375. CORPORATE CREDIT CARD REWARDS - 2021 AMOUNT: $ 16,778. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8970480 404874 -642504 144860 8587990 8380232 312458 409252 131462 8970480 7351575 768965 395018 135326 8380232 6890210 7190 666528 212363 7351565 6015858 964624 -3562 86710 6890210 0.50336 0.49664 0 0 460000 460000 2815000 229397 2585603 259057 228944 30113 1228916 1024084 204832 79520 79520 3360068 OPERATING LEASE LIABILITY 376931 376931 X 45620822 -1127432 10719966 9592534 36028288 -787364 -787364 35240924 39851306 20926619 20926619 18924687 11065998 11065998 29990685 PART V, LINE 4: THE BOARD-DESIGNATED ENDOWMENT FUNDS ARE INTENDED TO BE USED AS EMERGENCY RESERVE FUNDS AT THE DISCRETION OF THE HOPE INTERNATIONAL BOARD OF DIRECTORS. PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2019-2021) AND THE TAX POSITIONS 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF FOREIGN ENTITIES REPORTED IN FINANCIAL STATEMENTS 6,650,504. REVENUE OF HOPE ADVANCEMENT REPORTED IN FINANCIAL STATEMENTS 3,662,407. GRANT FROM SUPERIOR LAND 233,377. REVENUE OF HGI (PART OF HOPE ADVANCEMENT) REPORTED IN FINANCIAL STATEMENTS 173,678. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME INCLUDED IN OTHER CHANGES ON FINANCIAL STATEMENTS -787,364. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF FOREIGN ENTITIES REPORTED IN FINANCIAL STATEMENTS 19,410,689. EXPENSES OF HOPE ADVANCEMENT REPORTED ON FINANCIAL STATEMENTS 1,306,424. EXPENSES OF HOPE GLOBAL INVESTMENT REPORTED ON FINANCIAL STATEMENTS 209,506. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT TO HOPE ADVANCEMENT 8,471,016. EXPENSES FOR RWANDA FIELD OFFICE 1,591,841. VARIOUS FOREIGN GRANTS ELIMINATED IN CONSOLIDATION 143,198. CONSULTING EXPENSES ELIMINATED IN CONSOLIDATION 847,217. LOAN LOSS RESERVE EXPENSE ELIMINATED IN CONSOLIDATION 12,723. MISCELLANEOUS EXPENSES 3. 1 SOUTH ASIA 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN SOUTH ASIA. 740136 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN UKRAINE AND MOLDOVA. 2110659 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN EAST ASIA AND PHILIPPINES. 631916 SUB-SAHARAN AFRICA 1 1 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN BURUNDI, REPUBLIC OF CONGO, KENYA, MALAWI, RWANDA, UGANDA, ZAMBIA AND ZIMBABWE. 16033355 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN ROMANIA. 164902 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN THE DOMINICAN REPUBLIC AND HAITI. 1585240 SOUTH AMERICA 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN PERU AND PARAGUAY. 654875 1 2 0 0 1 2 21921083 0 21921083 SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 64650 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 201053 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 62097 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 218200 WIRE TRANSFER 0 SOUTH AMERICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 319119 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 34461 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 109402 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 104272 WIRE TRANSFER 0 SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 130422 WIRE TRANSFER 0 SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 31878 WIRE TRANSFER 0 RUSSIA AND NEIGHBORING STATES ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 693467 WIRE TRANSFER 0 SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 100000 WIRE TRANSFER 0 RUSSIA AND NEIGHBORING STATES ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 45000 WIRE TRANSFER 0 SUB-SAHARAN AFRICA , ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 167078 WIRE TRANSFER 0 SOUTH AMERICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 34210 WIRE TRANSFER 0 EUROPE ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 93766 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 310000 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 35047 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 13459 WIRE TRANSFER 0 16 3 0 0 0 0 0 0 PART I, LINE 2: FOREIGN ENTITIES THAT RECEIVE GRANTS FROM HOPE 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 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 REGULARLY VISIT THE FOREIGN ENTITIES THAT RECEIVE HOPE'S FUNDING. PART III ACCOUNTING METHOD: 22 GVE V-GLOBAL VIRTUAL EVENT 1404260 1404260 93 35 45627 22 CA D - 2022 SOUTHERN CA DINNER 1128048 1072791 55257 199 21654 54717 35049 4803 22384 27 4215810 4110885 104925 908 203937 178286 55392 286379 6748118 6587936 160182 199 22655 258654 213370 60195 354390 909463 -749281 1 ESPERANZA 1611 116TH AVE NE SUITE 101 BELLEVUE WA 98004 911585511 501(C)(3) 180000 0 ASSIST WITH GROWING MICROENTERPRISE OPERATIONS. HOPE ADVANCEMENT INC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 320360887 501(C)(3) 8471016 0 TO INFUSE CAPITAL IN MICROENTERPRISE OPERATIONS. 2 0 PART I, LINE 2: ENTITIES THAT RECEIVE GRANTS FROM HOPE 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. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 PETER GREER PRESIDENT & CEO 143937 0 0 0 1590 0 5000 0 26379 0 176906 0 0 0 PART I, LINE 1A NON-EMPLOYEE TRAVEL EXPENSES ARE CONSIDERED TAXABLE UNLESS A BONA FIDE BUSINESS PURPOSE FOR TRAVEL EXISTS. X 32812 FAIR MARKET VALUE X 21 161107 FAIR MARKET VALUE X SILENT AUCTION ITEMS 150 29675 FAIR MARKET VALUE X CARD STOCK/ENVELOPES 23 15257 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE 990 IS PROVIDED TO ALL BOARD OF DIRECTOR MEMBERS PRIOR TO FILING WITH THE IRS. THE CHIEF OPERATING OFFICER REVIEWS AND SIGNS THE 990 UPON SATISFACTORY REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY BY REQUIRING PERIODIC SIGN OFF ON THAT POLICY, AND BY USING ETHICSPOINT/NAVEX GLOBAL FOR ANONYMOUS REPORTING OF VIOLATIONS TO THAT POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT OF HOPE INTERNATIONAL IS DETERMINED BY THE BOARD. COMPENSATION IS BASED ON PERFORMANCE AND COMPARABLE COMPENSATION INFORMATION DERIVED FROM SEVERAL LOCAL AND NATIONAL SALARY SURVEYS AS WELL AS FORM 990S OF SIMILAR NON-PROFITS. THE COMPENSATION OF ALL OTHER EMPLOYEES IS DETERMINED BASED ON THE FOLLOWING FACTORS: PERFORMANCE TOWARD ORGANIZATIONAL GOALS, ORGANIZATIONAL BUDGET, INDIVIDUAL PERFORMANCE, INTERNAL EQUTY, AND EXTERNAL MARKET. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE ON ITS WEBSITE AND UPON REQUEST. THE FORM 1023 IS AVAILABLE UPON REQUEST. 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 IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 2,324,135. MANAGEMENT AND GENERAL EXPENSES 3,003. FUNDRAISING EXPENSES 68,179. TOTAL EXPENSES 2,395,317. OTHER SERVICES: PROGRAM SERVICE EXPENSES 587,128. MANAGEMENT AND GENERAL EXPENSES 129,348. FUNDRAISING EXPENSES 53,830. TOTAL EXPENSES 770,306. FORM 990, PART XI, LINE 9: GAIN ON FOREIGN CURRENCY TRANSACTIONS 24,334. LOSS ON FOREIGN CURRENCY TRANSLATION -24,518. SUPERIOR LAND LLC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 843956416 HOLDING COMPANY FOR DONATED LAND AND BUILDING, CURRENTLY UNDER LEASE DE 178200 3055603 HOPE INTERNATIONAL HOPE ADVANCEMENT INC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 320360887 HOLD INVESTMENTS IN MICROENTERPRISE PROGRAMS TO ALLEVIATE POVERTY DE 501(C)(3) LINE 12A, I HOPE INTERNATIONAL 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HOPE ADVANCEMENT B 8471016 CASH PAID