Civic Intelligence

One Hope Foundation Inc

EIN 85-2015657 • 501(c)3 • Aberdeen, MD

Profile

Create opportunities for less privileged members of society

28 N Aberdeen BlvdAberdeen, MD 21001

onehopefoundationinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

Up

$72,320

Up $72,320 from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$72,320

Up $72,320 from 2021

Revenue

$200,594

No earlier filing loaded for comparison.

Expenses

$175,873

No earlier filing loaded for comparison.

Net Income

$24,721

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2021: $0Net Assets 2021: $02021Assets 2022: $72,320Liabilities 2022: $0Net Assets 2022: $72,3202022

Highlighted filing

2022

Assets$72,320
Liabilities$0
Net Assets$72,320

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2022: $200,594Expenses 2022: $175,873Net Income 2022: $24,7212022

Highlighted filing

2022

Revenue$200,594
Expenses$175,873
Net Income$24,721

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$200,594
Mission and Program Overview

Mission

Create opportunities for less privileged members of society

Give everyone the opportunity to attain the better life they deserve and a chance to flourish in life by mitigating complex social ills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,600$72,320▲ $24,720
Rtn Earn Endowment Incm Other Fnds$47,600$72,320▲ $24,720
Total Assets$47,600$72,320▲ $24,720
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$47,600$72,320▲ $24,720
Total Net Assets Fund Balance$47,600$72,320▲ $24,720
Total Liabilities and Net Assets / Fund Balance$47,600$72,320▲ $24,720
Compensation and Service Providers

Board Members and Trustees

NameTitle
Valentine AnochiePresident
Steve AkpuneSecretary
Natasha EggermontTrasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$200,000
Program Service Revenue
$594
Investment Income
$0
Other Revenue
$0
All Other Contributions
$200,000
Change in Net Assets
$24,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,873
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$18,000--$18,000
Total Functional Expenses$175,873$0$0$175,873
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
Yes
Annual disclosure for covered persons
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
One Hope Foundation Inc
EIN
85-2015657
Phone
4436008575
Address
28 N ABERDEEN BLVD, Aberdeen, MD 21001

Signing Officer

Name
Valentine Anochie
Title
President
Phone
4436008575
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valentine Anochie
Formed
2020
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
75

Preparer

Firm
Wale Ashiru CPA Pc
Address
501 SILVRSODE RD, WILMINGTON, DE 19809
Preparer
Musafau O Ashiru
Phone
2152053310
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Section 24, Line A

One Hope Foundation, Inc. is engaging in humanitarian assistance. Our charity is about hunger, homelessness, schools, communities in need, building homes and jobs, changing lives, providing food for the hungry, providing academic scholarships, assisting less privileged youths, and creating opportunities for the less privileged and poor of society, including taking people off the streets and rehabilitating drug and alcohol users. Our charity works extend to America and Africa.

Form 990, Part IX, Section 24, Line A

Build and maintain an accessible Health Care facility named Juliana Health Center in Nigeria where the Public can receive free medical services also treats ailments such as Malaria, diabetes, Typhoid, High Blood Pressure, and other diseases. The Clinic employs three nurses and two medical doctors. It also provides free Eye examination and treatment.

Form 990, Part IX, Section 24, Line A

Contributions to other Non Profit Organizations whose mission is similar to One Hope Foundation mission and objectives.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0One Hope Foundation, Inc. is engaging in humanitarian assistance. Our charity is about hunger, homelessness, schools, communities in need, building homes and jobs, changing lives, providing food for the hungry, providing academic scholarships, assisting less privileged youths, and creating opportunities for the less privileged and poor of society, including taking people off the streets and rehabilitating drug and alcohol users. Our charity works extend to America and Africa.
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