Civic Intelligence

New Hope Global Ministries Inc

EIN 92-2624746 • 501(c)3 • Forest City, NC

Profile

To be a hub of many ministries by reaching the nations with the Gospel and empower and reach others with the hope that we have in Christ. This includes church planting, coffee shops, counseling, discipleship training, internships, and apprenticeships.

1071 S Broadway StForest City, NC 28043

www.nhgm.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.01x

Higher debt load relative to assets than 72% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.00x

Higher debt load relative to revenue than 73% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Source year 2024

Net Margin

76th percentile

37%

Higher net margin than 76% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Source year 2024

Top Officer Pay

98th percentile

$58,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

NTEE P99 • <$500k nonprofits • Source year 2024

Asset Growth

97th percentile

547%

Faster asset growth than 97% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

549%

Faster revenue growth than 97% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$195,271

Up $165,113 (+547%) from 2023

Liabilities

Up

$1,605

Up $1,605 from 2023

Net Assets

Up

$193,666

Up $163,508 (+542%) from 2023

Operations
Liabilities / Revenue73rd percentileNet Margin76th percentile

Revenue

Up

$436,429

Up $369,164 (+549%) from 2023

Expenses

Up

$272,921

Up $235,814 (+635%) from 2023

Net Income

Up

$163,508

Up $133,350 (+442%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$200K$150K$100K$50K$0Assets 2023: $30,158Liabilities 2023: $0Net Assets 2023: $30,1582023Assets 2024: $195,271Liabilities 2024: $1,605Net Assets 2024: $193,6662024

Highlighted filing

2024

Assets$195,271
Liabilities$1,605
Net Assets$193,666
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

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

$600K$400K$200K$0Revenue 2023: $67,265Expenses 2023: $37,107Net Income 2023: $30,1582023Revenue 2024: $436,429Expenses 2024: $272,921Net Income 2024: $163,5082024

Highlighted filing

2024

Revenue$436,429
Expenses$272,921
Net Income$163,508
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$195,271
Liabilities
$1,605
Net assets
$193,666
Revenue
$436,429
Expenses
$272,921
Net income
$163,508
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.95$0.02$1.94$4.36$2.73$1.64
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.67$0.37$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 11, 2025
Return Version
2024v5.1
Gross Receipts
$436,429
Mission and Program Overview

Mission

To be a hub of many ministries by reaching the nations with the Gospel and empower and reach others with the hope that we have in Christ. This includes church planting, coffee shops, counseling, discipleship training, internships, and apprenticeships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$30,158$195,271▲ $165,113
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$30,158$195,271▲ $165,113
Other Assets Total-$0-
Liabilities
Other Liabilities-$1,605-
Total Liabilities$0$1,605▲ $1,605
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,158$193,666▲ $163,508
Total Net Assets Fund Balance$30,158$193,666▲ $163,508
Total Liabilities and Net Assets / Fund Balance$30,158$195,271▲ $165,113
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Richard HaydenPresidentFT$58,000$58,000

Board Members and Trustees

NameTitle
Joe FlemingDirector
Neil PerryDirector
Santi BetancurDirector
Lauree HaydenSecretary
Laurie SouthwickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$436,429
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$436,429
Change in Net Assets
$163,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$150,402
Salaries, Compensation, and Employee Benefits$122,519
Total Fundraising Expense$47,392
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$29,000$14,500$14,500$58,000
Other Salaries and Wages$28,225$14,113$14,113$56,451
Travel$36,243$7,249$2,416$45,908
All Other Expenses$11,328$5,219$5,146$21,693
Fees for Services Accounting-$7,098-$7,098
Other Expenses$6,609$31$7,950$6,609
Payroll Taxes$2,301$1,151$1,151$4,603
Other Employee Benefits$1,733$866$866$3,465
Office Expenses-$3,031-$3,031
Insurance$1,414--$1,414
Fees for Services Legal-$1,288-$1,288
Advertising--$932$932
Total Functional Expenses$170,167$55,362$47,392$272,921
International Activity

International Summary

Offices
1
Employees
1
Spending
$170,169

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
Central AmericaChurch & Christian ministryFaith based Christian service11$170,169
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Employees$904
Advance account$701
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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 A, Line 2

“Richard and Lauree Hayden are married.”

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

“President reviews and files the 990. A copy is provided to the board.”

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

“Potential conflicts are reviewed and discussed at board meetings.”

Form 990, Part VI, Section B, Line 15A

“Compensation is approved by the board during the budgeting process.”

Form 990, Part VI, Section B, Line 15B

“Compensation is approved by the board during the budgeting process.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
New Hope Global Ministries Inc
EIN
92-2624746
Phone
8282457766
Address
1071 S BROADWAY ST, FOREST CITY, NC 28043

Signing Officer

Name
Richard Hayden
Title
President
Signed
2025-06-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Hayden
Formed
2023
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
4
Employees
7
Volunteers
8

Preparer

Firm
Tripp Chafin & Company LLC
Address
3535 Roswell Rd STE 63, Marietta, GA 30062
Preparer
R N Chafin Jr
Phone
7705652422
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IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0436429
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt067265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0503694
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0503694
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0436429
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt067265
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0503694
IRS990ScheduleA/TotalSupportAmt0503694
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0701
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1904
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Advance account
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to Employees
IRS990ScheduleD/TotalLiabilityAmt01605
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0170169
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Central America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Faith based Christian service
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Church & Christian ministry
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0170169
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Reports and/or direct visits or observation.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1Cash basis
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2Christian ministry activities in Guatemala
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 3f - Method of Accounting
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, Line 3f - Investments and Expenditures
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0170169
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Richard and Lauree Hayden are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1President reviews and files the 990. A copy is provided to the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Potential conflicts are reviewed and discussed at board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation is approved by the board during the budgeting process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation is approved by the board during the budgeting process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Documents are available 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 B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt030158
IRS990/TotalAssetsEOYAmt0195271
IRS990/TotalAssetsGrp/BOYAmt030158
IRS990/TotalAssetsGrp/EOYAmt0195271
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0436429
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt047392
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055362
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0170167
IRS990/TotalFunctionalExpensesGrp/TotalAmt0272921
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt01605
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01605
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt030158
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0193666
IRS990/TotalProgramServiceExpensesAmt0170167
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt058000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0436429
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt030158
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0195271
IRS990/TravelGrp/FundraisingAmt02416
IRS990/TravelGrp/ManagementAndGeneralAmt07249
IRS990/TravelGrp/ProgramServicesAmt036243
IRS990/TravelGrp/TotalAmt045908
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01071 S BROADWAY ST
IRS990/USAddress/CityNm0FOREST CITY
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028043
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.NHGM.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD HAYDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW HOPE GLOBAL MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWH
ReturnHeader/Filer/EIN0922624746
ReturnHeader/Filer/PhoneNum08282457766
ReturnHeader/Filer/USAddress/AddressLine1Txt01071 S BROADWAY ST

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