Civic Intelligence

New Hope Christian College

EIN 93-6002614 • 501(c)3 • Eugene, OR

Profile

New hope christian college exists to disciple emerging christian leaders by developing their theology, ministry skills, and character in order to win souls, plant fruitful churches, and lead as exemplary ambassadors for christ in the ministry and marketplace

2155 Bailey Hill RoadEugene, OR 97405

www.newhope.edu

Siviq Scores

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

Liabilities / Assets

79th percentile

0.49x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

88th percentile

1.47x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

21st percentile

-8.7%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

36th percentile

$96,700

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

86th percentile

29%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

52nd percentile

7.9%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$7,809,465

Up $1,732,625 (+29%) from 2024

Liabilities

Up

$3,809,125

Up $1,883,704 (+98%) from 2024

Net Assets

Down

$4,000,340

Down $151,079 (-3.6%) from 2024

Revenue

Up

$2,592,971

Up $189,087 (+7.9%) from 2024

Expenses

Down

$2,817,687

Down $2,258,833 (-44%) from 2024

Net Income

Up

-$224,716

Up $2,447,920 (+92%) from 2024

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $8,739,020Liabilities 2015: $2,609,836Net Assets 2015: $6,129,1842015Assets 2016: $8,259,933Liabilities 2016: $2,275,783Net Assets 2016: $5,984,1502016Assets 2017: $7,844,078Liabilities 2017: $2,183,766Net Assets 2017: $5,660,2122017Assets 2018: $8,022,386Liabilities 2018: $0Net Assets 2018: $8,022,3862018Assets 2019: $8,126,344Liabilities 2019: $1,763,426Net Assets 2019: $6,362,9182019Assets 2020: $8,406,626Liabilities 2020: $1,979,188Net Assets 2020: $6,427,4382020Assets 2021: $9,032,074Liabilities 2021: $1,942,342Net Assets 2021: $7,089,7322021Assets 2022: $10,408,082Liabilities 2022: $3,069,127Net Assets 2022: $7,338,9552022Assets 2023: $9,930,979Liabilities 2023: $3,106,924Net Assets 2023: $6,824,0552023Assets 2024: $6,076,840Liabilities 2024: $1,925,421Net Assets 2024: $4,151,4192024Assets 2025: $7,809,465Liabilities 2025: $3,809,125Net Assets 2025: $4,000,3402025

Highlighted filing

2025

Assets$7,809,465
Liabilities$3,809,125
Net Assets$4,000,340

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2015: $5,689,478Expenses 2015: $5,977,321Net Income 2015: -$287,8432015Revenue 2016: $3,767,357Expenses 2016: $3,912,391Net Income 2016: -$145,0342016Revenue 2017: $2,850,613Expenses 2017: $3,174,451Net Income 2017: -$323,8382017Revenue 2018: $3,879,533Expenses 2018: $2,759,589Net Income 2018: $1,119,9442018Revenue 2019: $3,637,850Expenses 2019: $3,153,349Net Income 2019: $484,5012019Revenue 2020: $3,157,293Expenses 2020: $3,329,588Net Income 2020: -$172,2952020Revenue 2021: $3,256,187Expenses 2021: $2,668,554Net Income 2021: $587,6332021Revenue 2022: $3,124,133Expenses 2022: $2,688,303Net Income 2022: $435,8302022Revenue 2023: $2,955,893Expenses 2023: $3,572,040Net Income 2023: -$616,1472023Revenue 2024: $2,403,884Expenses 2024: $5,076,520Net Income 2024: -$2,672,6362024Revenue 2025: $2,592,971Expenses 2025: $2,817,687Net Income 2025: -$224,7162025

Highlighted filing

2025

Revenue$2,592,971
Expenses$2,817,687
Net Income-$224,716

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 2, 2026
Return Version
2024v5.0
Gross Receipts
$2,620,328
Mission and Program Overview

Mission

New hope christian college exists to disciple emerging christian leaders by developing their theology, ministry skills, and character in order to win souls, plant fruitful churches, and lead as exemplary ambassadors for christ in the ministry and marketplace

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,593,689$2,712,945▲ $1,119,256
Land, Buildings, and Equipment, Net$596,544$1,024,167▲ $427,623
Accounts Receivable$43,397$64,959▲ $21,562
Pledges and Grants Receivable$62,495--
Cash and Non-Interest-Bearing Accounts$2,322,394$56,586▼ $2,265,808
Prepaid Expenses and Deferred Charges$71,804$49,157▼ $22,647
Total Assets$6,076,840$7,809,465▲ $1,732,625
Other Assets Total$1,386,517$3,901,651▲ $2,515,134
Liabilities
Other Liabilities$1,398,067$3,280,831▲ $1,882,764
Unsecured Notes Loans Payable$350,000$289,991▼ $60,009
Accounts Payable and Accrued Expenses$161,826$213,032▲ $51,206
Deferred Revenue$15,528$25,271▲ $9,743
Total Liabilities$1,925,421$3,809,125▲ $1,883,704
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,913,311$2,526,547▼ $386,764
Net Assets With Donor Restrictions$1,238,108$1,473,793▲ $235,685
Total Net Assets Fund Balance$4,151,419$4,000,340▼ $151,079
Total Liabilities and Net Assets / Fund Balance$6,076,840$7,809,465▲ $1,732,625

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$242,075$570,727$812,802
Leasehold Improvements$442,857$26,582$469,439
Equipment$87,864$193,725$281,589
Land$189,600-$189,600
Other Assets Org$20,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$970,203$54,796▲ $102,302$151,651$975,650
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr Wayne CordeiroChancellorFT$96,700$96,700
Noland PeeblesPresident-juFT$44,533$44,533
Lisa MontgomerySecretaryFT$42,392$42,392

Board Members and Trustees

NameTitle
Scott AlldridgeChairman
Bernie FedermannBoard Member
Chris HanslerBoard Member
Cris HouserBoard Member
Dan LelacheurBoard Member
Darrick SalyersBoard Member
Dr Don JonesBoard Member
Erika FunkBoard Member
Grady MulberyBoard Member
Guy HigashiBoard Member
Kellye WiseBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000,472
Program Service Revenue
$1,418,236
Investment Income
$162,254
Other Revenue
$12,009
All Other Contributions
$847,122
Change in Net Assets
$-224,716

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,592,971
Revenue Not Reported on Form 990
$-362,961
Total Revenue per Audited Statements
$2,230,010
Total Revenue per Form 990
$2,592,971
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,103,252
Other Expenses$1,090,716
Grants and Similar Amounts Paid$623,719
Total Fundraising Expense$93,402
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$470,287$217,055$36,177$723,519
Grants to Domestic Individuals$377,899--$377,899
Occupancy$281,664$5,184$1,152$288,000
Grants to Domestic Orgs$245,820--$245,820
Current Officers, Directors, Trustees, and Key Employees$119,357$55,088$9,180$183,625
Fees for Services Other$25,058$76,312$12,528$113,898
Other Employee Benefits$53,355$24,625$4,104$82,084
Office Expenses$80,021$1,473$327$81,821
Depreciation Depletion$16,584$50,505$8,292$75,381
Payroll Taxes$45,291$20,903$3,484$69,678
Comp Disqual Persons$28,825$13,304$2,217$44,346
Information Technology$41,135$757$168$42,060
Insurance$7,223$21,997$3,612$32,832
Other Expenses$25,110$4,235$908$30,253
All Other Expenses$23,360--$23,360
Travel$12,085$4,510$1,443$18,038
Conferences and Meetings$13,105-$405$13,510
Advertising--$8,547$8,547
Total Functional Expenses$2,224,478$499,807$93,402$2,817,687

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,817,687
Total Expenses per Form 990$2,817,687
Total Expenses per Audited Statements$2,454,726
Expenses Not Reported on Form 990$-362,961
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Hope InternationalEugene, OR--$245,820
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$22,810
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$153,350---
Total Events$153,350-$22,810$-22,810
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Floria GraftonFamilyWagesNo$44,346
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$3,280,831
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
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, Page 6, Part VI, Line 11B

Staff reviews the draft of the 990 and when it is ready circulates it to the whole board of directors for their review and approval prior to filing.

Form 990, Page 6, Part VI, Line 12C

The organization conducts periodic reviews to monitor for potential conflicts of interest. Every board member has a duty to disclose, and after disclosure, the remaining board or committee members determine if a conflict exists and will address the conflict with the appropriate members.

Form 990, Page 6, Part VI, Line 15A

Salary arrangements are determined annually by the president and budget committee and are ratified by the board of directors. The salaries are below comparable salaries. The board annually evaluates the president of the college. The board decides retention, termination, and compensation for the president.

Form 990, Page 6, Part VI, Line 19

The college's governing documents, financial statements, and conflict of interest policies are available to the public upon request to the college president's office.

Filing and Contact Details

Filer

Filer Name
New Hope Christian College
EIN
93-6002614
Phone
5414851780
Address
2155 BAILEY HILL ROAD, EUGENE, OR 97405

Signing Officer

Name
Dr Wayne Cordeiro
Title
Chancellor
Phone
5414851780
Signed
2026-03-02

Organization Details

Principal Officer
Dr Wayne Cordeiro
Formed
1925
Legal Domicile
Or
Voting Board Members
11
Independent Board Members
11
Employees
51
Volunteers
4

Preparer

Firm
Resj Pc
Address
2055 SUGARLOAF CIRCLE SUITE 75, DULUTH, GA 30097
Preparer
Matthew Chandler
Phone
7702717422
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

New hope christian college exists to disciple emerging christian leaders by developing their theology, ministry skills, and character in order to win souls, plant fruitful churches, and lead as exemplary ambassadors for christ in the ministry and marketplace

Form 990, Page 2, Part III, Line 4A

New hope christian college has achieved significant milestones across various domains this year. Academically, the college graduated nine students, with five earning bachelors degrees and four receiving associates degrees. It also created and secured approval for a new associate of science in creative arts with three concentrations and hired dre pomije to develop a new bachelor of science in human services program. In terms of facilities, the college restored its expansive driveway and parking lots, renovated the mens dorms and on-campus apartments, and upgraded the hunt building with new carpet, paint, and other improvements. On the executive front, new hope christian college appointed noland peebles, an experienced educator, as its new president, expanded its board to eleven members, hired a professionally trained director of student affairs with expertise in higher education recruiting, and restructured its organization to enhance communication and efficiency. In student life, the college partnered with willamette christian center (wcc) to offer weekly intramural sports, served wcc during a day of its two-day spiritual growth conference focused on worship, teachings, and service, and empowered students to lead chapel services independently, fostering their spiritual and leadership development. Looking forward, the college expects to see additional accomplishments: academically, the association for biblical higher education is likely to approve a substantive change request to add a bachelor of science in human services that is expected to launch spring 2026. And with the recently implemented improved recruiting and enrollment systems and contracted leadgeneration services, the college expects a significant enrollment boost to 70 students by fall 2026. Then by fall 2027, the academic department anticipates offering dual enrollment options for local high schoolers. Furthermore, assessment and the regular professional development of the executive team is expected to facilitate continual schoolwide improvements to policies and practices.

Form 990, Part XI, Line 9

Allowance for credit losses 1,000

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Scholarships netted against tuition on audit -377,899

Schedule D, Page 4, Part XII, Line 2D

Scholarship netted against tuition on audit -377,899

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IRS990/Desc0NEW HOPE CHRISTIAN COLLEGE HAS ACHIEVED SIGNIFICANT MILESTONES ACROSS VARIOUS DOMAINS THIS YEAR. ACADEMICALLY, THE COLLEGE GRADUATED NINE STUDENTS, WITH FIVE EARNING BACHELORS DEGREES AND FOUR RECEIVING ASSOCIATES DEGREES. IT ALSO CREATED AND SECURED APPROVAL FOR A NEW ASSOCIATE OF SCIENCE IN CREATIVE ARTS WITH THREE CONCENTRATIONS AND HIRED DRE POMIJE TO DEVELOP A NEW BACHELOR OF SCIENCE IN HUMAN SERVICES PROGRAM. IN TERMS OF FACILITIES, THE COLLEGE RESTORED ITS EXPANSIVE DRIVEWAY AND PARKING LOTS, RENOVATED THE MENS DORMS AND ON-CAMPUS APARTMENTS, AND UPGRADED THE HUNT BUILDING WITH NEW CARPET, PAINT, AND OTHER IMPROVEMENTS. ON THE EXECUTIVE FRONT, NEW HOPE CHRISTIAN COLLEGE APPOINTED NOLAND PEEBLES, AN EXPERIENCED EDUCATOR, AS ITS NEW PRESIDENT, EXPANDED ITS BOARD TO ELEVEN MEMBERS, HIRED A PROFESSIONALLY TRAINED DIRECTOR OF STUDENT AFFAIRS WITH EXPERTISE IN HIGHER EDUCATION RECRUITING, AND RESTRUCTURED ITS ORGANIZATION TO ENHANCE COMMUNICATION AND EFFICIENCY. IN STUDENT LIFE, THE COLLEGE PARTNERED WITH WILLAMETTE CHRISTIAN CENTER (WCC) TO OFFER WEEKLY INTRAMURAL SPORTS, SERVED WCC DURING A DAY OF ITS TWO-DAY SPIRITUAL GROWTH CONFERENCE FOCUSED ON WORSHIP, TEACHINGS, AND SERVICE, AND EMPOWERED STUDENTS TO LEAD CHAPEL SERVICES INDEPENDENTLY, FOSTERING THEIR SPIRITUAL AND LEADERSHIP DEVELOPMENT. LOOKING FORWARD, THE COLLEGE EXPECTS TO SEE ADDITIONAL ACCOMPLISHMENTS: ACADEMICALLY, THE ASSOCIATION FOR BIBLICAL HIGHER EDUCATION IS LIKELY TO APPROVE A SUBSTANTIVE CHANGE REQUEST TO ADD A BACHELOR OF SCIENCE IN HUMAN SERVICES THAT IS EXPECTED TO LAUNCH SPRING 2026. AND WITH THE RECENTLY IMPLEMENTED IMPROVED RECRUITING AND ENROLLMENT SYSTEMS AND CONTRACTED LEADGENERATION SERVICES, THE COLLEGE EXPECTS A SIGNIFICANT ENROLLMENT BOOST TO 70 STUDENTS BY FALL 2026. THEN BY FALL 2027, THE ACADEMIC DEPARTMENT ANTICIPATES OFFERING DUAL ENROLLMENT OPTIONS FOR LOCAL HIGH SCHOOLERS. FURTHERMORE, ASSESSMENT AND THE REGULAR PROFESSIONAL DEVELOPMENT OF THE EXECUTIVE TEAM IS EXPECTED TO FACILITATE CONTINUAL SCHOOLWIDE IMPROVEMENTS TO POLICIES AND PRACTICES.
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