Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 47-1062391 • 501(c)3 • Oak Grove, AR
Profile
New Hope for Guatemala assists municipalities in impoverished rural areas of Guatemala to organize local high schools so that students may break out of a generational cycle of poverty to continue their education beyond sixth grade. Without a high school diploma, they cannot qualify for college and many trade schools. Our business model calls for us to recruit local civic leaders to establish their own local high school. We inspire them to find and rehabilitate available buildings, then recruit students. With outside donations, we underwrite repairs, supplies and equipment, and pay salaries for teachers and administrators. We challenge officials to achieve high achievement and graduation rates, then assist them in putting the school under the authority of the Guatemalan ministry of education. The government usually phases in gradually, beginning to pay salaries and take over upkeep and infrastructure. This allows our team to move on to a new area needing assistance.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
36th percentile
Higher net margin than 36% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 5.9% of source-year revenue.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Assets
Down$5,040
Down $461 (-8.4%) from 2022
Liabilities
Flat$0
Flat from 2022
Net Assets
Down$5,040
Down $461 (-8.4%) from 2022
Revenue
Down$194,718
Down $3,031 (-1.5%) from 2022
Expenses
Down$195,179
Down $5,589 (-2.8%) from 2022
Net Income
Up-$461
Up $2,558 (+85%) from 2022
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
New Hope for Guatemala assists municipalities in impoverished rural areas of Guatemala to organize local high schools so that students may break out of a generational cycle of poverty to continue their education beyond sixth grade. Without a high school diploma, they cannot qualify for college and many trade schools. Our business model calls for us to recruit local civic leaders to establish their own local high school. We inspire them to find and rehabilitate available buildings, then recruit students. With outside donations, we underwrite repairs, supplies and equipment, and pay salaries for teachers and administrators. We challenge officials to achieve high achievement and graduation rates, then assist them in putting the school under the authority of the Guatemalan ministry of education. The government usually phases in gradually, beginning to pay salaries and take over upkeep and infrastructure. This allows our team to move on to a new area needing assistance.
To address, educate, coordinate and provide aid and relief to low-income, at-risk, disadvantaged and distressed persons with a focus on the Republic of Guatemala.
| Description | Grants | Expenses |
|---|---|---|
| In the wake of the COVID-19 lockdowns and the resulting downturn in tourism here as well as natural disasters and epidemic fever, we have found ourselves much more engaged than planned in helping the people of the towns we serve to obtain food, medical services and basic necessities, such as diapers and medications. We have assisted in this way for years, but the need seems to have increased. Guatemala has experienced severe unemployment, a virtual shutdown of the slowly recovering tourist industry and the near collapse of local economies. | $0 | $65,061 |
| As we have in the past, we were able to host trips by health professionals and volunteer workers traveling from the United States to help the people in the towns that we serve. The largest group that we hosted was the Circle of Love Foundation of Rockford, Illinois. | $0 | $65,059 |
| Our primary mission is to identify rural, impoverished communities where youth have no access to secondary education. We then work with community leaders to organize a local high school. Our role is to fund the start-up costs, including teachers and administrators salaries, until the Guatemalan Ministry of Education can provide support. This year, we did the majority of our work in the towns of El Rodeo, Antigua, Chuchuca, and El Tesoro at schools there. These included 1) Escuela Basica INBACOOP de El Rodeo, 2) Colegios de Region de Antigua, 3) Escuela Nueva Esperanza de Chuchuca, 4) Escuelas Oficiales de El Tesoro and 5) Escuelas Primarias de El Rodeo. | $65,059 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Andrew Loveall | President | - | $11,506 | - | $11,506 |
| Rob Kerby | Secretary/Treasurer | - | $0 | - | - |
| Craig Ramsey | Vice President | - | $0 | - | - |
“Fundraising Travel $4,362 Travel within Guatemala $4001.47”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Rob Kerby |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8704806170 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1565 County Road 667 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Oak Grove |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72660 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5501 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 5040 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 194718 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -461 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 126 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeCountryCd | 0 | GT |
| IRS990EZ/ForeignOfficeInd | 0 | 1 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 5501 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 5040 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 163666 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 194718 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
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| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 5501 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 5040 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 5501 |
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| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 11517 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 11506 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Andrew Loveall |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Rob Kerby |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Craig Ramsey |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary/Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8364 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To address, educate, coordinate and provide aid and relief to low-income, at-risk, disadvantaged and distressed persons with a focus on the Republic of Guatemala. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 0 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Our primary mission is to identify rural, impoverished communities where youth have no access to secondary education. We then work with community leaders to organize a local high school. Our role is to fund the start-up costs, including teachers and administrators salaries, until the Guatemalan Ministry of Education can provide support. This year, we did the majority of our work in the towns of El Rodeo, Antigua, Chuchuca, and El Tesoro at schools there. These included 1) Escuela Basica INBACOOP de El Rodeo, 2) Colegios de Region de Antigua, 3) Escuela Nueva Esperanza de Chuchuca, 4) Escuelas Oficiales de El Tesoro and 5) Escuelas Primarias de El Rodeo. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | As we have in the past, we were able to host trips by health professionals and volunteer workers traveling from the United States to help the people in the towns that we serve. The largest group that we hosted was the Circle of Love Foundation of Rockford, Illinois. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | In the wake of the COVID-19 lockdowns and the resulting downturn in tourism here as well as natural disasters and epidemic fever, we have found ourselves much more engaged than planned in helping the people of the towns we serve to obtain food, medical services and basic necessities, such as diapers and medications. We have assisted in this way for years, but the need seems to have increased. Guatemala has experienced severe unemployment, a virtual shutdown of the slowly recovering tourist industry and the near collapse of local economies. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 65059 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 65059 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 65061 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 11506 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | AR |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 195179 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 130120 |
| IRS990EZ/TotalRevenueAmt | 0 | 194718 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.NewHopeForGuatemala.com |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 194718 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 197749 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 228833 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 167382 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 141224 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 929906 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
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| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
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| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 929906 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
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| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
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| IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 194718 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 197749 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 228833 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 167382 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 141224 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 929906 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 929906 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
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| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Fundraising Travel $4,362 Travel within Guatemala $4001.47 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Rob Kerby |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Secretary |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8704806170 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEW HOPE FOR GUATEMALA INCORPORATED |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWH |
| ReturnHeader/Filer/EIN | 0 | 471062391 |
| ReturnHeader/Filer/PhoneNum | 0 | 8704806170 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1565 County Road 667 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Oak Grove |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72660 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-05-15T15:15:49-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Rob |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Kerby |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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