2022-09-20T14:46:06-05:00 2021-12-31 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2021-01-01 232836648 HOPE INTERNATIONAL HOPE 7174643220 227 GRANITE RUN DRIVE 250 LANCASTER PA 17601 JESSE CASLER CHIEF OPERATING OFFICER 7174643220 2022-09-20 1 JESSE CASLER 999009999 HARRISON PEREIRA P00746867 2159798800 2022-09-20 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JESSE CASLER 227 GRANITE RUN DRIVE 250 LANCASTER PA 17601 40154772 0 X WWW.HOPEINTERNATIONAL.ORG X 1996 PA TO INVEST IN THE DREAMS OF FAMILIES IN THE WORLD'S UNDERSERVED COMMUNITIES AS WE PROCLAIM AND LIVE THE GOSPEL. 11 10 157 200 0 0 25786704 27552397 0 0 605977 428249 -37317 131954 26355364 28112600 9319961 12226675 0 0 7732803 8689461 0 0 2757965 3508274 4610379 20561038 25526515 5794326 2586085 21959796 24473719 704834 613709 21254962 23860010 X TO INVEST IN THE DREAMS OF FAMILIES IN THE WORLD'S UNDERSERVED COMMUNITIES AS WE PROCLAIM AND LIVE THE GOSPEL. 0 0 9634562 6184106 SAVINGS-LEDTHE HOPE INTERNATIONAL (HOPE) NETWORK OF SAVINGS GROUP PROGRAMS (SGS) PROVIDE INDIVIDUALS WITH A SAFE PLACE TO SAVE. FACILITATORS TRAIN GROUPS OF 10-30 MEMBERS TO POOL THEIR SAVINGS ON A REGULAR BASIS, SOMETIMES AS LITTLE AS 20-50 CENTS A WEEK. MEMBERS USE THEIR SAVINGS OR TAKE OUT LOANS FROM THE GROUP TO USE AS A BUFFER AGAINST EMERGENCIES, MAKE IMPORTANT HOUSEHOLD PURCHASES, OR INVEST IN BUSINESSES. AS MEMBERS MEET REGULARLY, THEY FELLOWSHIP WITH ONE ANOTHER, PRAY TOGETHER, AND STUDY GOD'S WORD. HOPE-MANAGED AND PARTNER SGS CURRENTLY SERVE IN BURUNDI, HAITI, MALAWI, PERU, THE PHILIPPINES, RWANDA, SOUTH ASIA, UGANDA ,UKRAINE, ZAMBIA, AND ZIMBABWE. 9169860 5955083 CREDIT-LEDHOPE-NETWORK MICROFINANCE INSTITUTIONS (MFIS) PROVIDE ENTREPRENEURS WITH SAVINGS ACCOUNTS AND SMALL LOANS TYPICALLY RANGING FROM $100-$2,000 TO INVEST IN THEIR BUSINESSES. WHEN INDIVIDUALS MEET REGULARLY TO REPAY THEIR LOANS, THEY ALSO WORSHIP TOGETHER, RECEIVE BUSINESS TRAINING, STUDY SCRIPTURE, AND ENCOURAGE EACH OTHER. ONCE REPAID, LOAN CAPITAL REVOLVES BACK INTO THE FUND TO LEND TO MORE ENTREPRENEURS. HOPE-MANAGED AND PARTNER MFIS CURRENTLY SERVE IN BURUNDI, THE DOMINICAN REPUBLIC, HAITI, MOLDOVA, PARAGUAY, THE PHILIPPINES, THE REPUBLIC OF CONGO, ROMANIA, RWANDA AND UKRAINE. 1301687 87486 OTHERHOPE'S OTHER PROGRAM SERVICES INCLUDE EDUCATION, THE PATHWAYS OUT OF POVERTY EXHIBIT,THE POVERTY SIMULATION, AND DSU KIGALI. EDUCATION: HOPE REGIONAL REPRESENTATIVES INTRODUCE INDIVIDUALS TO THE WORK OF HOPE, SHARE A BIBLICAL PERSPECTIVE ON POVERTY, AND SPEAK AT CHURCHES, CONFERENCES, AND OTHER COMMUNITY EVENTS NOT SPONSORED BY HOPE. PATHWAYS OUT OF POVERTY EXHIBIT: THIS MULTI-SENSORY EXHIBIT USES STORIES OF INDIVIDUALS AROUND THE WORLD TO PORTRAY PEOPLE WORKING THEMSELVES OUT OF POVERTY. POVERTY SIMULATION: HOPE RUNS SIMULATIONS AROUND THE U.S., WHICH ARE EXPERIENTIAL LEARNING OPPORTUNITIES DESIGNED TO HELP PARTICIPANTS SYMBOLICALLY EXPERIENCE THE REALITIES OF A LIFETIME SPENT LIVING IN POVERTY. DSU KIGALI: A "DISTRIBUTED SERVICE UNIT" BASED IN RWANDA PROVIDING CONSULTING SERVICES TO PROGRAMS IN HOPE'S GLOBAL NETWORK. 20106109 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 1 1 1 1 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 X 59 0 157 1 0 1 BY CF HA HK MI RW UP ZA ZI 0 0 0 1 1 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA CO CT FL GA IL KS KY MD ME MS MI MN MA ND NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WI WV DC HI X X JESSE CASLER 7174643220 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 PETER GREER PRESIDENT & CEO 52.00 0.50 X X 139578 0 34757 JEFFREY RUTT CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 DOUGLAS BOLLES TREASURER 1.00 X X 0 0 0 DABBS CAVIN SECRETARY 1.00 X X 0 0 0 CATHI LINCH VICE CHAIRMAN 1.00 X X 0 0 0 DURWOOD SNEAD DIRECTOR 1.00 X 0 0 0 CHILOBE KALAMBO DIRECTOR 1.00 X 0 0 0 LANCE WOOD DIRECTOR 1.00 X 0 0 0 JOANNE YOUN DIRECTOR 1.00 X 0 0 0 DEENA MORGAN DIRECTOR 1.00 X 0 0 0 MEL MURRAY DIRECTOR 1.00 X 0 0 0 JESSE CASLER CHIEF OPERATING OFFICER 45.00 0.50 X 75783 0 33693 CHRISTOPHER HORST CHIEF ADVANCEMENT OFFICER 40.00 X 100522 0 33173 315883 0 101623 2 0 1 0 0 3563609 23988788 523629 27552397 343899 343899 257850 77227 180623 180623 180623 11492184 19126 11411677 15283 80507 3843 84350 84350 472538 3563609 537985 -65447 -65447 OTHER INCOME 16778 16778 16778 28112600 16778 0 543425 9943547 9943547 2283128 2283128 417506 241138 91343 85025 6190681 3575537 1354409 1260735 263210 153695 55351 54164 1329558 704616 335194 289748 488506 280507 108155 99844 1854 1824 30 37292 29422 3577 4293 1995719 1697054 175656 123009 475111 19170 91593 364348 636736 349316 61054 226366 265064 182008 22275 60781 177143 130489 43657 2997 34625 28573 5581 471 OTHER STAFF EXPENSES 743981 401793 183406 158782 FINANCE EXPENSES 117322 11614 104310 1398 OTHER EXPENSES RWANDA 62491 62491 OTHER EXPENSES HOPE INT 61833 8979 26850 26004 1208 1208 25526515 20106109 2662441 2757965 290624 789924 350158 288103 1672858 2520267 672024 785584 4709557 1225109 3479236 3484448 15309755 16114398 0 306015 185141 184980 21959796 24473719 704834 613709 704834 613709 X 16621076 18747656 4633886 5112354 21254962 23860010 21959796 24473719 X 2586085 18707 256 X 0 1 X 1 0 X 16974452 18193260 19221286 25786704 27552397 107728099 16974452 18193260 19221286 25786704 27552397 107728099 1224374 106503725 220720 307416 356606 403039 601749 1889530 216766 44988 95117 24354 16778 398003 110015632 964475 0.96810 0.95670 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 44,988. 2019 AMOUNT: $ 95,117. 2020 AMOUNT: $ 24,354. LOAN LOSS RESERVE WRITE-DOWN - 2017 AMOUNT: $ 216,766. CORPORATE CREDIT CARD REWARDS - 2021 AMOUNT: $ 16,778. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8380232 312458 409252 131462 8970480 7351575 768965 395018 135326 8380232 6890210 7190 666528 212363 7351565 6015858 964624 -3562 86710 6890210 4098775 1821046 163615 67578 6015858 0.47540 0.52460 0 0 460000 460000 2815000 152931 2662069 238370 218045 20325 1171707 854133 317574 24480 24480 3484448 X 38754897 18707 10905223 10923930 27830967 281633 281633 28112600 29370265 15756244 15756244 13614021 11912494 11912494 25526515 PART V, LINE 4: THE BOARD-DESIGNATED ENDOWMENT FUNDS ARE INTENDED TO BE USED AS EMERGENCY RESERVE FUNDS AT THE DISCRETION OF THE HOPE INTERNATIONAL BOARD OF DIRECTORS. PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2018-2020) AND THE TAX POSITIONS EXPECTED TO BE TAKEN IN HOPE'S 2021 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF FOREIGN ENTITIES REPORTED IN FINANCIAL STATEMENTS 3,214,077. REVENUE OF HOPE ADVANCEMENT REPORTED IN FINANCIAL STATEMENTS 7,301,232. GRANT FROM SUPERIOR LAND 266,485. REVENUE OF HGI (PART OF HOPE ADVANCEMENT) REPORTED IN FINANCIAL STATEMENTS 120,910. GRANT FROM HIGHER IMPACT PROPERTIES 2,519. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME INCLUDED IN OTHER CHANGES ON FINANCIAL STATEMENTS 277,790. GAIN ON DISPOSAL OF ASSETS INCLUDED IN OTHER CHANGES ON FINANCIAL STATEMENTS 3,843. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF FOREIGN ENTITIES REPORTED IN FINANCIAL STATEMENTS 15,627,045. EXPENSES OF HOPE ADVANCEMENT REPORTED ON FINANCIAL STATEMENTS 1,374. EXPENSES OF HOPE GLOBAL INVESTMENT REPORTED ON FINANCIAL STATEMENTS 126,314. MISCELLANEOUS EXPENSES 1,511. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT TO HOPE ADVANCEMENT 9,763,547. EXPENSES FOR RWANDA FIELD OFFICE 1,268,770. VARIOUS FOREIGN GRANTS ELIMINATED IN CONSOLIDATION 424,811. CONSULTING EXPENSES ELIMINATED IN CONSOLIDATION 497,550. LOAN LOSS RESERVE EXPENSE ELIMINATED IN CONSOLIDATION -42,184. 1 SOUTH ASIA 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN SOUTH ASIA. 843373 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN UKRAINE AND MOLDOVA. 1071982 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN EAST ASIA AND PHILIPPINES. 920149 SUB-SAHARAN AFRICA 2 3 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN REPUBLIC OF CONGO, RWANDA, MALAWI, BURUNDI, KENYA, UGANDA, ZAMBIA, AND ZIMBABWE. 14407741 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN ROMANIA. 91353 CENTRAL AMERICA AND THE CARIBBEAN 0 2 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN THE DOMINICAN REPUBLIC AND HAITI. 1629412 SOUTH AMERICA 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN PERU AND PARAGUAY. 329648 2 5 0 0 2 5 19293658 0 19293658 SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 91000 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 143014 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 57844 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 306000 WIRE TRANSFER 0 SOUTH AMERICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 312073 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 24599 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 77343 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 91140 WIRE TRANSFER 0 SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 196950 WIRE TRANSFER 0 RUSSIA AND NEIGHBORING STATES ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 36321 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 111147 WIRE TRANSFER 0 SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 238000 WIRE TRANSFER 0 RUSSIA AND NEIGHBORING STATES ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 34512 WIRE TRANSFER 0 SUB-SAHARAN AFRICA , ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 157380 WIRE TRANSFER 0 SOUTH AMERICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 10000 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 27919 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 70000 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 214892 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 66923 WIRE TRANSFER 0 15 5 FUNDING OF EAST ASIA OPERATION AND FINANCING OF LOANS TO CLIENTS EAST ASIA AND THE PACIFIC 1 11074 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: FOREIGN ENTITIES THAT RECEIVE GRANTS FROM HOPE ARE ALL FOCUSED ON MICROENTERPRISE DEVELOPMENT AND ARE IN LINE WITH HOPE'S MISSION TO ALLEVIATE BOTH PHYSICAL AND SPIRITUAL POVERTY. FOREIGN ENTITIES THAT RECEIVE FUNDING FROM HOPE ARE REQUIRED TO SUBMIT FINANCIAL INFORMATION WHICH DEPICTS BOTH THEIR FINANCIAL AND MISSION STATUS ON AT LEAST A QUARTERLY BASIS. THIS INFORMATION IS THEN REVIEWED BY HOPE'S CHIEF OPERATING OFFICER ON A REGULAR BASIS. FURTHERMORE, REPRESENTATIVES OF HOPE REGULARLY VISIT THE FOREIGN ENTITIES THAT RECEIVE HOPE'S FUNDING. PART III ACCOUNTING METHOD: 2021 SOUTHERN CA INVESTING IN DREAM 846331 779472 66859 18943 66030 2809 5900 9142 PA GOLF TOURNAMENT 2021 840638 698764 141874 934 14651 4717 71594 19 2342964 2080274 262690 18419 33524 54689 25519 178890 4029933 3558510 471423 38296 114205 62215 31419 259626 505761 -34338 1 ESPERANZA 1611 116TH AVE NE SUITE 101 BELLEVUE WA 98004 911585511 501(C)(3) 180000 0 ASSIST WITH GROWING MICROENTERPRISE OPERATIONS AND MISSION TRIPS. HOPE ADVANCEMENT INC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 320360887 501(C)(3) 9763547 0 TO INFUSE CAPITAL IN MICROENTERPRISE OPERATIONS. 2 0 PART I, LINE 2: ENTITIES THAT RECEIVE GRANTS FROM HOPE ARE ALL FOCUSED ON MICROENTERPRISE DEVELOPMENT AND ARE IN LINE WITH HOPE'S MISSION TO ALLEVIATE BOTH PHYSICAL AND SPIRITUAL POVERTY. ENTITIES THAT RECEIVE FUNDING FROM HOPE ARE REQUIRED TO SUBMIT FINANCIAL INFORMATION WHICH DEPICTS BOTH THEIR FINANCIAL AND MISSION STATUS ON AT LEAST A QUARTERLY BASIS. THIS INFORMATION IS THEN REVIEWED BY HOPE'S MANAGEMENT ON A REGULAR BASIS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 PETER GREER PRESIDENT & CEO 137988 0 0 0 1590 0 3000 0 31757 0 174335 0 0 0 PART I, LINE 1A NON-EMPLOYEE TRAVEL EXPENSES ARE CONSIDERED TAXABLE UNLESS A BONA FIDE BUSINESS PURPOSE FOR TRAVEL EXISTS. X 2903 FAIR MARKET VALUE X 28 476399 FAIR MARKET VALUE X SILENT AUCTION ITEMS 6 23033 FAIR MARKET VALUE X CARD STOCK/ENVELOPES 23 12148 FAIR MARKET VALUE X OTHER 3 9146 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE 990 IS PROVIDED TO ALL BOARD OF DIRECTOR MEMBERS PRIOR TO FILING WITH THE IRS. THE CHIEF OPERATING OFFICER REVIEWS AND SIGNS THE 990 UPON SATISFACTORY REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY BY REQUIRING PERIODIC SIGN OFF ON THAT POLICY, AND BY USING ETHICSPOINT/NAVEX GLOBAL FOR ANONYMOUS REPORTING OF VIOLATIONS TO THAT POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT OF HOPE INTERNATIONAL IS DETERMINED BY THE BOARD. COMPENSATION IS BASED ON PERFORMANCE AND COMPARABLE COMPENSATION INFORMATION DERIVED FROM SEVERAL LOCAL AND NATIONAL SALARY SURVEYS AS WELL AS FORM 990S OF SIMILAR NON-PROFITS. THE COMPENSATION OF ALL OTHER EMPLOYEES IS DETERMINED BASED ON THE FOLLOWING FACTORS: PERFORMANCE TOWARD ORGANIZATIONAL GOALS, ORGANIZATIONAL BUDGET, INDIVIDUAL PERFORMANCE, INTERNAL EQUTY, AND EXTERNAL MARKET. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE ON ITS WEBSITE AND UPON REQUEST. THE FORM 1023 IS AVAILABLE UPON REQUEST. 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 BY REQUEST. FORM 990, PART XI, LINE 9: GAIN ON FOREIGN CURRENCY TRANSACTIONS 9,491. LOSS ON FOREIGN CURRENCY TRANSLATION -9,235. HIGHER IMPACT PROPERTIES LLC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 232836648 HOLDING COMPANY FOR RENTAL PROPERTIES PA 0 0 HOPE INTERNATIONAL SUPERIOR LAND LLC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 843956416 HOLDING COMPANY FOR DONATED LAND AND BUILDING, CURRENTLY UNDER LEASE DE 178224 3110782 HOPE INTERNATIONAL HOPE ADVANCEMENT INC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 320360887 HOLD INVESTMENTS IN MICROENTERPRISE PROGRAMS TO ALLEVIATE POVERTY DE 501(C)(3) LINE 12A, I HOPE INTERNATIONAL 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HOPE ADVANCEMENT B 9763547 CASH PAID