World Hope International Inc

“Section 5.2 of the Bylaws provide that there shall be an executive committee of the board of directors who, to the extent provided by proper resolution of a majority of the board of directors, shall have and exercise the authority of the board of directors in the management of the business of the corporation between meetings of the board and shall serve as the nominating committee. The executive committee shall consist of the following members of the board: chair, vice-chair, secretary, treasurer, the president of the Wesleyan church corporation and chief executive officer of the world hope international Corporation, if a Chief Executive Officer has been employed by the Board of Directors, and any other member of the Board that the Board of Directors elects following a majority vote of those present and entitled to vote up to 8 members total. In no event shall the executive committee have authority to amend the articles of incorporation or bylaws of this corporation; change the qualification and voting rights of directors or elect or remove directors from office; authorize the transfer, gift, or encumbrance of all or substantially all the assets of this corporation in a single or related transaction; authorize the dissolution, merger, or consolidation of this corporation; or change the qualifications of officers or elect or remove officers from office.”

“The Federal Form 990 is completed by an outside accounting firm and reviewed by organization's finance team. A copy is shared with the full board for review in advance of filing.”

“Annually, the board of directors is required to complete and sign a conflict of interest questionnaire. The questionnaire requests disclosure about partner and related organizations to identify individuals who would need to recuse themselves from discussion and voting regarding such entities as specified in the conflict of interest policy. Conflict of interest would be brought to the attention of the executive committee for appropriate action.”

“A committee of the board called the executive compensation review committee will meet every year prior to the september board meeting to set executive compensation for the coming fiscal year. The committee will be comprised of the treasurer and two other independent board members. The committee will elect a chair. The committee shall: 1) conduct a review utilizing salary guides, studies and/or the form 990's of similar ngos; 2) study comparable salary and benefits data, such as data available from salary and benefit surveys, to learn what employers of a similar budget size that are located in the same, or a similar geography region, pay their senior leaders. The comparison will include data from other nonprofits of a similar mission focus. The data shall be updated at least every other year; 3) document who was involved and the process used to conduct the review, as well as the disposition of the full board's decision to approve officer compensation. The document of the process shall be attached to the minutes and copies of both shall be kept in personnel files. The documentation should demonstrate that the board took the comparable data into consideration when it approved the compensation. In late 2024, the organization conducted a search for a new chief executive officer. During this search, a selection committee was utilized to assist in the search, selection, and compensation determinations for the incoming ceo. Due to the timing of the hiring of the new ceo, the compensation process took place in early 2025 rather than the standard september timeframe used by the organization.”

“A committee of the board called the executive compensation review committee will meet every year prior to the september board meeting to set executive compensation for the coming fiscal year. The committee will be comprised of the treasurer and two other independent board members. The committee will elect a chair. The committee shall: 1) conduct a review utilizing salary guides, studies and/or the form 990's of similar ngos; 2) study comparable salary and benefits data, such as data available from salary and benefit surveys, to learn what employers of a similar budget size that are located in the same, or a similar geography region, pay their senior leaders. The comparison will include data from other nonprofits of a similar mission focus. The data shall be updated at least every other year; 3) document who was involved and the process used to conduct the review, as well as the disposition of the full board's decision to approve officer compensation. The document of the process shall be attached to the minutes and copies of both shall be kept in personnel files. The documentation should demonstrate that the board took the comparable data into consideration when it approved the compensation.”

“The audited financial statements are posted on whi's website and financial information is available on ecfa's (evangelical council for financial accountability) website. The governing documents and conflict of interest policy are available on whi's website. All three documents are available upon request for the same period of disclosure as set forth in section 6104(d).”

“(Expenses $ 517,238 including grants of $ 0)(Revenue $ 0) Social Ventures and Public Awareness”

“Loss on charitable gift annuity - -10220; Total - -10220;”