Civic Intelligence

Global Hope Incorporated

990 • Fiscal year 2019 • EIN 26-3444928

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2020

1605 E Elizabeth StPasadena, CA 91104

(626) 831-8228

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

8th percentile

-52%

Higher net margin than 8% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

19th percentile

-27%

Faster revenue growth than 19% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$153,714

Down $76,122 (-33%) from 2018

Net Assets

Down

$153,714

Down $76,122 (-33%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$146,103

Down $54,859 (-27%) from 2018

Expenses

Up

$222,225

Up $80,296 (+57%) from 2018

Net Income

Down

-$76,122

Down $135,155 (-229%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2016: $77,318Liabilities 2016: $0Net Assets 2016: $77,3182016Assets 2017: $170,803Liabilities 2017: $0Net Assets 2017: $170,8032017Assets 2018: $229,836Liabilities 2018: $0Net Assets 2018: $229,8362018Assets 2019: $153,714Liabilities 2019: $0Net Assets 2019: $153,7142019Assets 2020: $170,833Liabilities 2020: $0Net Assets 2020: $170,8332020Assets 2021: $235,369Liabilities 2021: $0Net Assets 2021: $235,3692021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $245,727Liabilities 2023: $0Net Assets 2023: $245,7272023Assets 2024: $301,233Liabilities 2024: $0Net Assets 2024: $301,2332024

Highlighted filing

2019

Assets$153,714
Liabilities$0
Net Assets$153,714

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $205,588Expenses 2016: $258,411Net Income 2016: -$52,8232016Revenue 2017: $201,482Expenses 2017: $107,997Net Income 2017: $93,4852017Revenue 2018: $200,962Expenses 2018: $141,929Net Income 2018: $59,0332018Revenue 2019: $146,103Expenses 2019: $222,225Net Income 2019: -$76,1222019Revenue 2020: $226,594Expenses 2020: $209,475Net Income 2020: $17,1192020Revenue 2021: $281,025Expenses 2021: $216,489Net Income 2021: $64,5362021Revenue 2022: $348,342Expenses 2022: $420,021Net Income 2022: -$71,6792022Revenue 2023: $333,863Expenses 2023: $251,826Net Income 2023: $82,0372023Revenue 2024: $293,032Expenses 2024: $237,526Net Income 2024: $55,5062024

Highlighted filing

2019

Revenue$146,103
Expenses$222,225
Net Income-$76,122
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.1
Gross Receipts
$146,103
Mission and Program Overview

Mission

The mission of the organization is

The mission of the organization is to provide assistance to the poor and disaster-stricken and missionary work in developing nations

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$229,836$153,714▼ $76,122
Total Assets$229,836$153,714▼ $76,122
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$229,836$153,714▼ $76,122
Total Net Assets Fund Balance$229,836$153,714▼ $76,122
Total Liabilities and Net Assets / Fund Balance$229,836$153,714▼ $76,122
Compensation and Service Providers

Board Members and Trustees

NameTitle
Yong ChoPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$145,882
Program Service Revenue
$0
Investment Income
$221
Other Revenue
$0
All Other Contributions
$145,882
Change in Net Assets
$-76,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$213,030
Other Expenses$9,195
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$213,030--$213,030
Travel$0$3,210$0$3,210
Office Expenses$0$705$0$705
Other Expenses$0$80$0$80
Total Functional Expenses$213,030$9,195$0$222,225
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Global Hope Inc
EIN
26-3444928
Phone
6268318228
Address
1605 E ELIZABETH ST, PASADENA, CA 91104

Signing Officer

Name
Yong Cho
Title
President
Phone
6268318228
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yong Cho
Formed
2009
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
3

Preparer

Firm
Sackill Choi CPA
Address
222S HARBOR BLVD SUITE 830, ANAHEIM, CA 92805
Preparer
Sackill Choi
Phone
7144460990
Supplemental Narrative

Additional Explanations

Pt III, Line 3

Other program service expense $26,562

Pt VI, Line 8A

N/A

Pt VI, Line 8B

N/A

Pt VI, Line 11B

N/A

Form 990, Part III, Line 4D

Other program service expense 15111. 0. 0.

Raw XML Appendix270 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Filings