Civic Intelligence

Hope Walks Inc.

990 • Fiscal year 2019 • EIN 83-1167436

Jul 05, 2018 to Jun 30, 2019 • Filed on Apr 21, 2020

PO Box 1098Mechanicsburg, PA 17055

(717) 502-4400

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$3,106,770

No earlier filing loaded for comparison.

Net Assets

$3,088,624

No earlier filing loaded for comparison.

Liabilities

$18,146

No earlier filing loaded for comparison.

Revenue

$3,172,707

No earlier filing loaded for comparison.

Expenses

$84,083

No earlier filing loaded for comparison.

Net Income

$3,088,624

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2019: $3,106,770Liabilities 2019: $18,146Net Assets 2019: $3,088,6242019Assets 2020: $2,724,586Liabilities 2020: $92,917Net Assets 2020: $2,631,6692020Assets 2021: $2,822,019Liabilities 2021: $120,633Net Assets 2021: $2,701,3862021Assets 2022: $2,369,795Liabilities 2022: $69,734Net Assets 2022: $2,300,0612022Assets 2023: $2,285,671Liabilities 2023: $228,383Net Assets 2023: $2,057,2882023Assets 2024: $2,180,335Liabilities 2024: $205,587Net Assets 2024: $1,974,7482024Assets 2025: $2,436,553Liabilities 2025: $143,982Net Assets 2025: $2,292,5712025

Highlighted filing

2019

Assets$3,106,770
Liabilities$18,146
Net Assets$3,088,624

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $3,172,707Expenses 2019: $84,083Net Income 2019: $3,088,6242019Revenue 2020: $2,036,723Expenses 2020: $2,493,902Net Income 2020: -$457,1792020Revenue 2021: $2,698,226Expenses 2021: $2,628,509Net Income 2021: $69,7172021Revenue 2022: $3,112,755Expenses 2022: $3,491,973Net Income 2022: -$379,2182022Revenue 2023: $3,684,934Expenses 2023: $3,921,809Net Income 2023: -$236,8752023Revenue 2024: $4,016,963Expenses 2024: $4,098,650Net Income 2024: -$81,6872024Revenue 2025: $4,492,270Expenses 2025: $4,226,309Net Income 2025: $265,9612025

Highlighted filing

2019

Revenue$3,172,707
Expenses$84,083
Net Income$3,088,624
Jump To
Filing Snapshot
Filing Period
Jul 5, 2018 to Jun 30, 2019
Signed
Apr 21, 2020
Return Version
2018v3.1
Gross Receipts
$3,172,707
Mission and Program Overview

Mission

The mission of Hope Walks is to free children and families in low- and middle-income countries from the physical, emotional, and economic burden of clubfoot so every child affected can walk free from disability and encounter the love of Christ.

To free children and families from the physical, emotional, and economic burden of clubfoot.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$0$2,335,965▲ $2,335,965
Savings and Temporary Cash Investments$0$769,189▲ $769,189
Prepaid Expenses and Deferred Charges-$1,616-
Total Assets$0$3,106,770▲ $3,106,770
Liabilities
Accounts Payable and Accrued Expenses$0$18,146▲ $18,146
Total Liabilities$0$18,146▲ $18,146
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$2,387,643▲ $2,387,643
Unrestricted Net Assets$0$700,981▲ $700,981
Total Net Assets Fund Balance$0$3,088,624▲ $3,088,624
Total Liabilities and Net Assets / Fund Balance$0$3,106,770▲ $3,106,770
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don WaardenburgChairman
Scott ReichenbachPresident
Corey FullerDirector
Natalie WeaklyDirector
Roger SpoelmanDirector
Tamara Haken part yearDirector
Linda HansenRegional Director Africa
Andrew MyersRegional Director Latin America
Alexa ShelleySecretary
James WelchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,171,576
Program Service Revenue
$0
Investment Income
$188
Other Revenue
$943
All Other Contributions
$3,171,576
Change in Net Assets
$3,088,624

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,172,707
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,172,707
Total Revenue per Form 990
$3,172,707
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$52,680
Total Fundraising Expense$26,051
Salaries, Compensation, and Employee Benefits$20,925
Grants and Similar Amounts Paid$10,278
Professional Fundraising Fees$200

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$15,900-$15,900
Other Salaries and Wages$6,818$3,087$2,406$12,311
Foreign Grants$10,278--$10,278
Current Officers, Directors, Trustees, and Key Employees$2,019$2,019$2,692$6,730
Information Technology$971$1,968$2,753$5,692
Travel$4,367$40$1,269$5,676
Office Expenses$1,156$1,564$24$2,744
Fees for Services Legal-$2,395-$2,395
Payroll Taxes$727$579$578$1,884
Fees for Services Other$900--$900
Occupancy$600--$600
Other Expenses$1,155$599$5,028$599
Insurance$424$147-$571
Fees for Services Professional Fundraising--$200$200
Total Functional Expenses$29,523$28,509$26,051$84,083

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$84,083
Total Expenses per Audited Statements$84,083
Total Expenses per Form 990$84,083
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$20,981

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaGrants to recipients-00$10,278
Sub-Saharan AfricaProgram Services-00$6,273
Central America and the CaribbeanProgram Services-00$4,430
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$200
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's President. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.

Form 990, Part VI, Section B, line 12C

The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The board is responsible for reviewing the signed statements and ensuring interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in the deliberation or decision with regard to matters affected by the relationships.

Form 990, Part VI, Section B, line 15

The Board of Directors and Finance Committee oversee the process of setting the compensation of the President and other officers of the organization using comparability data of the compensation of similar organizations. The Board also documents the compensation approval process.

Form 990, Part VI, Section C, line 19

The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Hope Walks Inc
EIN
83-1167436
Phone
7175024400
Address
PO Box 1098, Mechanicsburg, PA 17055

Signing Officer

Name
Scott A Reichenbach
Title
President
Phone
7175024400
Signed
2020-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott A Reichenbach
Formed
2018
Legal Domicile
De
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
9

Preparer

Firm
Capin Crouse LLP
Address
2435 Research Parkway STE 200, Colorado Springs, CO 80920
Preparer
Ashley Peabody
Phone
7195286225
Supplemental Narrative

Additional Explanations

Form 990, Part X, Lines 27-29

In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $ 700,981 Line 29 - Net assets with donor restrictions $ 2,387,643 Total net assets $ 3,088,624

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IRS990/Desc0Hope Walks provided materials and training so that thousands of children across Africa and Latin America would have access to quality, compassionate clubfoot treatment and care, eliminating disability and enabling them to have the same opportunities as other children in their communities so through our work, families and communities both hear and experience who Jesus is and God's love for them.Hope Walks supports clubfoot treatment programs in over 130 partner clinics around the world.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Hope Walks, Inc began operations on May 1, 2019. This year is its first year in operation. The 2018 990 return reflects only 2 months of activity from the start of operations on May 1, 2019 through June 30, 2019, the end of the fiscal year.
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0188
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0943
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0943
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02735030
IRS990ScheduleA/SubstantialContributorsTotAmt0436546
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03171576
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03171576
IRS990ScheduleA/TotalSupportAmt03172707
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt084083
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03172707
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt084083
IRS990ScheduleD/TotalRevenuePerForm990Amt03172707
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03172707
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt084083
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt010278
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt16273
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt24430
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2Central America and the Caribbean
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Grants to recipients
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program Services
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt05638
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0Wire Transfer
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt01
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0Medical
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt020981
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Hope Walks monitors the use of funds by evaluating key performance indicators on a monthly basis to ensure quality and outcomes including financial, clinicial, and counseling/spiritual. These are reviewed at both the regional and national levels by a Regional Program Officer and National Country Program Manager. Financial processes are managed by our in-country partner and audited by the Regional Program Officer and Regional Director, the accounting team, and ultimately by the President, Board, and independent auditors.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1The organization accounts for foreign expenditures in accordance with the accrual basis of accounting.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 3:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt020981
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's President. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The board is responsible for reviewing the signed statements and ensuring interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in the deliberation or decision with regard to matters affected by the relationships.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors and Finance Committee oversee the process of setting the compensation of the President and other officers of the organization using comparability data of the compensation of similar organizations. The Board also documents the compensation approval process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents, conflict of interest policy and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $ 700,981 Line 29 - Net assets with donor restrictions $ 2,387,643 Total net assets $ 3,088,624
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part X, Lines 27-29
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/StatesWhereCopyOfReturnIsFldCd2FL
IRS990/StatesWhereCopyOfReturnIsFldCd3GA
IRS990/StatesWhereCopyOfReturnIsFldCd4HI
IRS990/StatesWhereCopyOfReturnIsFldCd5KS
IRS990/StatesWhereCopyOfReturnIsFldCd6KY
IRS990/StatesWhereCopyOfReturnIsFldCd7ME
IRS990/StatesWhereCopyOfReturnIsFldCd8MD
IRS990/StatesWhereCopyOfReturnIsFldCd9MA
IRS990/StatesWhereCopyOfReturnIsFldCd10MN
IRS990/StatesWhereCopyOfReturnIsFldCd11MS
IRS990/StatesWhereCopyOfReturnIsFldCd12NH
IRS990/StatesWhereCopyOfReturnIsFldCd13NJ
IRS990/StatesWhereCopyOfReturnIsFldCd14NM
IRS990/StatesWhereCopyOfReturnIsFldCd15NY
IRS990/StatesWhereCopyOfReturnIsFldCd16NC
IRS990/StatesWhereCopyOfReturnIsFldCd17ND
IRS990/StatesWhereCopyOfReturnIsFldCd18OR
IRS990/StatesWhereCopyOfReturnIsFldCd19PA
IRS990/StatesWhereCopyOfReturnIsFldCd20RI
IRS990/StatesWhereCopyOfReturnIsFldCd21SC
IRS990/StatesWhereCopyOfReturnIsFldCd22TN
IRS990/StatesWhereCopyOfReturnIsFldCd23UT
IRS990/StatesWhereCopyOfReturnIsFldCd24VA
IRS990/StatesWhereCopyOfReturnIsFldCd25WA
IRS990/StatesWhereCopyOfReturnIsFldCd26WV
IRS990/StatesWhereCopyOfReturnIsFldCd27WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt03106770
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt03106770
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03171576
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026051
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028509
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt029523
IRS990/TotalFunctionalExpensesGrp/TotalAmt084083
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt018146
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt018146
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03088624
IRS990/TotalOtherCompensationAmt00

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