Civic Intelligence

Foundations for Hope Inc.

990 • Fiscal year 2023 • EIN 83-3497398

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

Organization ProfileN/A
PO Box 62Trussville, AL 35173

(205) 591-9111

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

71st percentile

17%

Higher net margin than 71% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

44th percentile

$30,000

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

69th percentile

14%

Faster asset growth than 69% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

69%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$1,096,569

Up $133,584 (+14%) from 2022

Net Assets

Up

$1,089,041

Up $127,903 (+13%) from 2022

Liabilities

Up

$7,528

Up $5,681 (+308%) from 2022

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin71st percentile

Revenue

Up

$759,066

Up $309,120 (+69%) from 2022

Expenses

Up

$631,163

Up $371,797 (+143%) from 2022

Net Income

Down

$127,903

Down $62,677 (-33%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$1.5M$1.0M$500K$0Assets 2019: $394,388Liabilities 2019: $0Net Assets 2019: $394,3882019Assets 2020: $597,289Liabilities 2020: $0Net Assets 2020: $597,2892020Assets 2021: $776,284Liabilities 2021: $2,900Net Assets 2021: $773,3842021Assets 2022: $962,985Liabilities 2022: $1,847Net Assets 2022: $961,1382022Assets 2023: $1,096,569Liabilities 2023: $7,528Net Assets 2023: $1,089,0412023Assets 2024: $665,543Liabilities 2024: $9,437Net Assets 2024: $656,1062024

Highlighted filing

2023

Assets$1,096,569
Liabilities$7,528
Net Assets$1,089,041
Open 2023 Filing

Operations Trend

Revenue Growth87th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2019: $402,794Expenses 2019: $8,406Net Income 2019: $394,3882019Revenue 2020: $292,035Expenses 2020: $89,134Net Income 2020: $202,9012020Revenue 2021: $299,752Expenses 2021: $123,657Net Income 2021: $176,0952021Revenue 2022: $449,946Expenses 2022: $259,366Net Income 2022: $190,5802022Revenue 2023: $759,066Expenses 2023: $631,163Net Income 2023: $127,9032023Revenue 2024: $1,150,325Expenses 2024: $1,583,260Net Income 2024: -$432,9352024

Highlighted filing

2023

Revenue$759,066
Expenses$631,163
Net Income$127,903
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$773,496
Mission and Program Overview

Mission

Foundations for hope exists to advance the gospel of jesus christ by providing critical resources and training in partnerships with local churches in areas of need across the globe.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$918,108$1,058,549▲ $140,441
Land, Buildings, and Equipment, Net$32,778$28,700▼ $4,078
Prepaid Expenses and Deferred Charges$12,099$9,320▼ $2,779
Total Assets$962,985$1,096,569▲ $133,584
Liabilities
Accounts Payable and Accrued Expenses-$5,692-
Other Liabilities$1,847$1,836▼ $11
Total Liabilities$1,847$7,528▲ $5,681
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$961,138$1,089,041▲ $127,903
Total Net Assets Fund Balance$961,138$1,089,041▲ $127,903
Total Liabilities and Net Assets / Fund Balance$962,985$1,096,569▲ $133,584

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,119$6,356$19,475
Buildings$15,581$2,631$18,212
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleBaseTotal
Matthew MullinaxVice Chairman$30,000$30,000
Randall TreglownChairman$30,000$30,000

Board Members and Trustees

NameTitle
Ginger TreglownDirector
Jeffrey GardnerDirector
Martin AdamsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$748,497
Program Service Revenue
$0
Investment Income
$24,999
Other Revenue
$-14,430
All Other Contributions
$684,090
Change in Net Assets
$127,903

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$439,757Fair Value
Total Noncash Contributions5$439,757-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$268,726
Grants and Similar Amounts Paid$233,324
Salaries, Compensation, and Employee Benefits$129,113
Total Fundraising Expense$47,993
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$233,324--$233,324
Current Officers, Directors, Trustees, and Key Employees$47,993$17,993$47,993$113,979
Other Expenses$89,093--$89,093
Information Technology$29,175--$29,175
Advertising$14,001--$14,001
Travel$12,148--$12,148
Office Expenses-$8,660-$8,660
Other Employee Benefits-$6,091-$6,091
Payroll Taxes-$4,398-$4,398
Depreciation Depletion-$4,078-$4,078
Fees for Services Legal-$3,537-$3,537
Other Salaries and Wages-$3,460-$3,460
Fees for Services Other-$3,282-$3,282
Insurance-$1,196-$1,196
Pension Plan Contributions-$1,185-$1,185
Total Functional Expenses$529,290$53,880$47,993$631,163
International Activity

International Summary

Offices
0
Employees
0
Spending
$233,324

International Compliance

Foreign grant records maintained
No
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 Africa - Angola, Benin, Botswana, Burkina Faso,Assistance to Recipients Located in RegionTo Provide Funds for Church Planting and Water Wells.00$233,324
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$14,430
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5k Fundraiser$64,407-$14,430-
Total Events$64,407-$14,430$-14,430
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Simple Ira Liability$1,836
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Randy treglown and matt mullinax have a business relationship together.”

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

“Upon completion of the organization's form 990, the board members review the tax return and are free to ask any questions or engage in discussion regarding any topic covered in the return. Once the governing body has reviewed and approved the form 990, the return is filed with the internal revenue service.”

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

“Each director, principal officer and board member of the organization must review and sign the written conflict of interest policy annually. Additionally, the organization will complete periodic reviews of compensation arrangements and arrangements with management organizations to make sure that no conflicts of interest have developed.”

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 upon request.”

Filing and Contact Details

Filer

Filer Name
Foundations for Hope Inc
EIN
83-3497398
Phone
2055919111
Address
PO BOX 62, TRUSSVILLE, AL 35173

Signing Officer

Name
Randall V Treglown
Title
Director
Phone
2055919111
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randall V Treglown
Formed
2019
Legal Domicile
Al
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
25

Preparer

Firm
Borland Benefield Pc
Address
800 SHADES CREEK PKWY, BIRMINGHAM, AL 35209
Preparer
Jeffrey D Chandler CPA
Phone
2058027212
Raw XML AppendixShowing 400 of 404 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05692
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FOUNDATIONS FOR HOPE EXISTS TO ADVANCE THE GOSPEL OF JESUS CHRIST BY PROVIDING CRITICAL RESOURCES AND TRAINING IN PARTNERSHIPS WITH LOCAL CHURCHES IN AREAS OF NEED ACROSS THE GLOBE.
IRS990/AdvertisingGrp/ProgramServicesAmt014001
IRS990/AdvertisingGrp/TotalAmt014001
IRS990/AllOtherContributionsAmt0684090
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RANDALL TREGLOWN
IRS990/BooksInCareOfDetail/PhoneNum02055919111
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06223 FOX BRANCH
IRS990/BooksInCareOfDetail/USAddress/CityNm0TRUSSVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd035173
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0918108
IRS990/CashNonInterestBearingGrp/EOYAmt01058549
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt047993
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt017993
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt047993
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0113979
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt064407
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0748497
IRS990/CYGrantsAndSimilarPaidAmt0233324
IRS990/CYInvestmentIncomeAmt024999
IRS990/CYOtherExpensesAmt0268726
IRS990/CYOtherRevenueAmt0-14430
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0127903
IRS990/CYSalariesCompEmpBnftPaidAmt0129113
IRS990/CYTotalExpensesAmt0631163
IRS990/CYTotalFundraisingExpenseAmt047993
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0759066
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04078
IRS990/DepreciationDepletionGrp/TotalAmt04078
IRS990/Desc0TO ADVANCE THE GOSPEL OF JESUS CHRIST BY PROVIDING CRITICAL RESOURCES AND TRAINING IN PARTNERSHIPS WITH LOCAL CHURCHES IN AREAS OF NEED ACROSS THE GLOBE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0529290
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03537
IRS990/FeesForServicesLegalGrp/TotalAmt03537
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03282
IRS990/FeesForServicesOtherGrp/TotalAmt03282
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt0233324
IRS990/ForeignGrantsGrp/TotalAmt0233324
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0RANDALL TREGLOWN
IRS990/Form990PartVIISectionAGrp/PersonNm1MATTHEW MULLINAX
IRS990/Form990PartVIISectionAGrp/PersonNm2MARTIN ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFFREY GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm4GINGER TREGLOWN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt030000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt064407
IRS990/FundraisingDirectExpensesAmt014430
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0233324
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0773496
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt029175
IRS990/InformationTechnologyGrp/TotalAmt029175
IRS990/InsuranceGrp/ManagementAndGeneralAmt01196
IRS990/InsuranceGrp/TotalAmt01196
IRS990/InvestmentIncomeGrp/ExclusionAmt024999
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024999
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08987
IRS990/LandBldgEquipBasisNetGrp/BOYAmt032778
IRS990/LandBldgEquipBasisNetGrp/EOYAmt028700
IRS990/LandBldgEquipCostOrOtherBssAmt037687
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FOUNDATIONS FOR HOPE EXISTS TO ADVANCE THE GOSPEL OF JESUS CHRIST BY PROVIDING CRITICAL RESOURCES AND TRAINING IN PARTNERSHIPS WITH LOCAL CHURCHES IN AREAS OF NEED ACROSS THE GLOBE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt0961138
IRS990/NetAssetsOrFundBalancesEOYAmt01089041
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-14430
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-14430
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0961138
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01089041
IRS990/NoncashContributionsAmt0439757
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08660
IRS990/OfficeExpensesGrp/TotalAmt08660
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06091
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06091
IRS990/OtherExpensesGrp/Desc0BIBLE COLLEGE COSTS
IRS990/OtherExpensesGrp/Desc1MISSION TRIP COST
IRS990/OtherExpensesGrp/ProgramServicesAmt0103556
IRS990/OtherExpensesGrp/ProgramServicesAmt189093
IRS990/OtherExpensesGrp/TotalAmt0103556
IRS990/OtherExpensesGrp/TotalAmt189093
IRS990/OtherLiabilitiesGrp/BOYAmt01847
IRS990/OtherLiabilitiesGrp/EOYAmt01836
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03460
IRS990/OtherSalariesAndWagesGrp/TotalAmt03460
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04398
IRS990/PayrollTaxesGrp/TotalAmt04398
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01185
IRS990/PensionPlanContributionsGrp/TotalAmt01185
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012099
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09320
IRS990/PrincipalOfficerNm0RANDALL V TREGLOWN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy3Grp/Desc0N/A
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0399097
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0127396
IRS990/PYInvestmentIncomeAmt0954
IRS990/PYOtherExpensesAmt096270
IRS990/PYOtherRevenueAmt049895
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0190580
IRS990/PYSalariesCompEmpBnftPaidAmt035700
IRS990/PYTotalExpensesAmt0259366
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0449946
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0127903
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0684089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0399097
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0300482
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0289903
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0402279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02075850
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024999
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0954
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0690
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0515
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt029290
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.43050
IRS990ScheduleA/PublicSupportPY170Pct00.99690
IRS990ScheduleA/PublicSupportTotal170Amt0906165
IRS990ScheduleA/SubstantialContributorsTotAmt01169685
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0684089
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0399097
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0300482
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0289903
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0402279
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02075850
IRS990ScheduleA/TotalSupportAmt02105140
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/BuildingsGrp/BookValueAmt015581
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02631
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018212
IRS990ScheduleD/EquipmentGrp/BookValueAmt013119
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06356
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019475
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01836
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SIMPLE IRA LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028700
IRS990ScheduleD/TotalLiabilityAmt01836
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0233324
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0TO PROVIDE FUNDS FOR CHURCH PLANTING AND WATER WELLS.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0ASSISTANCE TO RECIPIENTS LOCATED IN REGION
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0233324
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0TO PROVIDE FUNDS FOR CHURCH PLANTING AND WATER WELLS.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0233324
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0REGION - CENTRAL AMERICA AND THE CARIBBEAN: THE GRANTEE PROVIDES THEIR MONTHLY EXPENSES TO THE ORGANIZATION EACH MONTH. THE ORGANIZATION THEN REVIEWS THE EXPENSES AND COMPILES A MONTHLY EXPENSE VARIANCE REPORT. UPON COMPLETION OF THE REPORT, THE ORGANIZATION APPROVES THE REPORT AND FUNDS THE GRANTEE. ADDITIONAL INFORMATION PROVIDED FROM THE GRANTEE CONTAINS: (1) MONTHLY REPORTS UPDATING THE ORGANIZATION ON THE CHILDREN, TEACHERS AND CURRENT CHALLENGES THE GRANTEE IS FACING (2) PICTURES CONFIRMING CERTAIN EXPENSES REPORTED WERE IN FACT INCURRED. IF ADDITIONAL INFORMATION IS REQUIRED, IT IS AVAILABLE UPON REQUEST. REGION - SUB-SAHARAN AFRICA: THIS GRANT WAS INITIALLY FUNDED TO A US NON-PROFIT (JESUS HARVESTERS MINISTRIES, EIN: 63-0957870). THE FINAL DESTINATION FOR THESE FUNDS IS A FOREIGN NON-PROFIT. THE FUNDS ARE MONITORED BY THE ORGANIZATION AND JHM, SEE THE FOLLOWING DESCRIPTION. JHM MONITORING PROCESS: THE BOARD CHAIRMAN OBTAINS UPDATES FROM THE GRANTEE WHICH INCLUDES CORRESPONDENCE AND PICTURES OF THE GRANTEE'S PROGRESS. THE CHAIRMAN THEN UPDATES THE BOARD AT THEIR NEXT MEETING. BANK ACCOUNTS AND FINANCIAL LEDGERS ARE MAINTAINED BY THE TREASURER AND REPORTED TO THE BOARD MEMBERS. THE BOARD THEN APPROVES OR DENIES ADDITIONAL FUNDS TO THE GRANTEE. JHM FILES AN ANNUAL FORM 990 WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION PROCESS: JHM PROVIDES THE ORGANIZATION WITH QUARTERLY REPORTS ON BEHALF OF THE GRANTEE. THESE REPORTS ACKNOWLEDGE ANY FUNDS RECEIVED FROM THE ORGANIZATION. THESE REPORTS ALSO IDENTIFY WHICH, IF ANY, FUNDS HAVE BEEN DISTRIBUTED TO THE GRANTEE THAT WERE FUNDED BY THE ORGANIZATION. THE ORGANIZATION THEN APPROVES OR DENIES ADDITIONAL FUNDS TO THE GRANTEE.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0233324
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt064407
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt064407
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt014430
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm05K FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt064407
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt064407
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-14430
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt014430
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014430
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt05
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0439757
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RANDY TREGLOWN AND MATT MULLINAX HAVE A BUSINESS RELATIONSHIP TOGETHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON COMPLETION OF THE ORGANIZATION'S FORM 990, THE BOARD MEMBERS REVIEW THE TAX RETURN AND ARE FREE TO ASK ANY QUESTIONS OR ENGAGE IN DISCUSSION REGARDING ANY TOPIC COVERED IN THE RETURN. ONCE THE GOVERNING BODY HAS REVIEWED AND APPROVED THE FORM 990, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DIRECTOR, PRINCIPAL OFFICER AND BOARD MEMBER OF THE ORGANIZATION MUST REVIEW AND SIGN THE WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY. ADDITIONALLY, THE ORGANIZATION WILL COMPLETE PERIODIC REVIEWS OF COMPENSATION ARRANGEMENTS AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS TO MAKE SURE THAT NO CONFLICTS OF INTEREST HAVE DEVELOPED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0962985
IRS990/TotalAssetsEOYAmt01096569
IRS990/TotalAssetsGrp/BOYAmt0962985
IRS990/TotalAssetsGrp/EOYAmt01096569
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0748497
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt047993
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt053880
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0529290
IRS990/TotalFunctionalExpensesGrp/TotalAmt0631163
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01847
IRS990/TotalLiabilitiesEOYAmt07528
IRS990/TotalLiabilitiesGrp/BOYAmt01847
IRS990/TotalLiabilitiesGrp/EOYAmt07528
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0961138
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01089041
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0529290
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt010569
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0759066
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0962985
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01096569
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt012148
IRS990/TravelGrp/TotalAmt012148
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06223 FOX BRANCH
IRS990/USAddress/CityNm0TRUSSVILLE
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035173
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDALL V TREGLOWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02055919111
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATIONS FOR HOPE INC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0833497398
ReturnHeader/Filer/PhoneNum02055919111
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 62
ReturnHeader/Filer/USAddress/CityNm0TRUSSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035173
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630721243
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BORLAND BENEFIELD PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 SHADES CREEK PKWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035209
ReturnHeader/PreparerPersonGrp/PhoneNum02058027212
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY D CHANDLER CPA
ReturnHeader/ReturnTs02024-11-15T09:01:24-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,096,569
Liabilities
$7,528
Net assets
$1,089,041
Revenue
$759,066
Expenses
$631,163
Net income
$127,903
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.01$0.66$1.15$1.58$0.43
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.01$1.09$0.76$0.63$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.45$0.26$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.77$0.30$0.12$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.29$0.09$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.40$0.01$0.39