2016-07-29T13:26:58-05:00 2015-12-31 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2015-01-01 232836648 HOPE INTERNATIONAL HOPE 7174643220 227 GRANITE RUN DRIVE NO 250 LANCASTER PA 17601 JESSE CASLER VP OF FINANCE AND ADMINISTRATION 7174643220 2016-07-29 1 STACY CULLEN P00974308 2159798800 2016-07-29 2015 2016-12-15 16:53:06Z JESSE CASLER 227 GRANITE RUN DRIVE NO 250 LANCASTER PA 17601 18263709 0 X WWW.HOPEINTERNATIONAL.ORG X 1996 PA AT HOPE INTERNATIONAL, WE PROVIDE DISCIPLESHIP AND FINANCIAL SERVICES THAT RESTORE DIGNITY AND EMPOWER INDIVIDUALS TO PUT THEIR SKILLS AND CREATIVITY TO WORK. 11 9 102 200 0 0 14668782 17710999 0 0 140256 184813 -258206 -319707 14550832 17576105 4415050 5736953 0 0 4766498 5242845 0 0 1781343 4315087 3952746 13496635 14932544 1054197 2643561 12715452 15198543 1169146 944261 11546306 14254282 TO INVEST IN THE DREAMS OF FAMILIES IN THE WORLD'S UNDERSERVED COMMUNITIES AS WE PROCLAIM AND LIVE THE GOSPEL. 0 0 4942164 1435590 SAVINGS-LEDTHE HOPE NETWORK OF SAVINGS AND CREDIT ASSOCIATIONS (SCAS) 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 SCAS CURRENTLY SERVE IN BURUNDI, HAITI, INDIA, MALAWI, PERU, THE PHILIPPINES, RWANDA, ZAMBIA AND ZIMBABWE. 6064113 4027170 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, CENTRAL ASIA, CHINA, THE DOMINICAN REPUBLIC, THE DEMOCRATIC REPUBLIC OF CONGO, HAITI, MOLDOVA, THE PHILIPPINES, THE REPUBLIC OF CONGO, ROMANIA, RUSSIA, RWANDA, AND UKRAINE. 1093819 274193 OTHERHOPE'S OTHER PROGRAM SERVICES INCLUDE EDUCATION, THE PATHWAYS OUT OF POVERTY EXHIBIT, AND THE TOMORROW CLUBS. EDUCATION: HOPE REGIONAL REPRESENTATIVES INTRODUCE INDIVIDUALS TO THE WORK OF HOPE AND SHARE A BIBLICAL PERSPECTIVE ON POVERTY, SPEAKING 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. TOMORROW CLUBS: .A CHRIST-CENTERED WEEKLY CHILDREN'S MINISTRY BEGUN IN UKRAINE, THE TOMORROW CLUBS REACHES OVER 13,000 CHILDREN. TOMORROW CLUBS HAS SINCE EXPANDED TO MULTIPLE COUNTRIES IN EASTERN EUROPE. 12100096 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 1 1 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 1 X 37 0 102 1 0 1 UP CG CF RS RW BY MI HK ZA 0 0 0 1 1 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL 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 X X JESSE CASLER 7174643220 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 PETER GREER PRESIDENT & CEO 40.00 X X 137683 0 20255 JEFFREY C RUTT CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 BRIAN LEWIS VICE CHAIRMAN 1.00 X X 0 0 0 TIM SNOW SECRETARY 1.00 X X 0 0 0 CHRISTOPHER CRANE TREASURER 1.00 X X 0 0 0 JIM DEITCH DIRECTOR 1.00 X 0 0 0 DENNIS HOLLINGER DIRECTOR 1.00 X 0 0 0 KATHERINE NIENOW DIRECTOR 1.00 X 0 0 0 CATHI LINCH DIRECTOR 1.00 X 29862 0 0 ANDRE MANN DIRECTOR 1.00 X 0 0 0 DOUGLAS BOLLES DIRECTOR 1.00 X 0 0 0 JESSE CASLER VP OF ADMINISTRATION 40.00 X 83333 0 3185 DAVE WASIK VP OF OPERATIONS 40.00 X 83082 0 21916 KEVIN TORDOFF VP OF MARKETING 40.00 X 78843 0 21916 CHRISTOPHER HORST VP OF DEVELOPMENT 40.00 X 75289 0 21426 488092 0 88698 1 0 1 0 0 2229411 15481588 372960 17710999 182124 182124 44068 36566 7502 7502 7502 208073 205384 2689 2689 2689 118361 2229411 445654 -327293 -327293 OTHER INCOME 900099 84 84 84 17576105 84 0 -134978 4308031 4308031 1428922 1428922 576789 361698 87759 127332 3570344 2185721 553399 831224 158726 97000 21339 40387 597116 371430 78054 147632 339870 210585 52686 76599 24669 24669 45812 45812 283270 192422 6751 84097 121552 14173 4562 102817 422112 219145 51220 151747 500838 447009 7878 45951 64956 42584 8036 14336 10120 6212 3375 533 OTHER STAFF EXPENSES 543435 400210 72411 70814 TOMORROW CLUBS RWANDA 495007 495007 EDUCATION 392626 392626 MISSION TRIPS 313647 313647 734702 543193 103635 87874 14932544 12100096 1051105 1781343 1548899 1428945 4172793 895083 1580931 1689612 3184 2131 415581 270730 268425 360339 925583 349198 520924 576385 3222813 8967815 94088 0 887814 1007503 12715452 15198543 454879 554356 710230 387160 4037 2745 1169146 944261 X 9331978 10668105 693471 2042981 1520857 1543196 11546306 14254282 12715452 15198543 X 2643561 -269330 333745 X 0 1 X 1 0 X 8732650 10605191 11934207 14668782 17710999 63651829 8732650 10605191 11934207 14668782 17710999 63651829 8462251 55189578 116624 101751 197197 141316 182124 739012 635 503 18 84 1240 64392081 1387377 0.85710 0.83690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3200888 486242 -142582 52301 3492247 3610037 159029 52051 52350 567879 3200888 2869198 690729 106206 56096 3610037 2424816 389737 98824 44179 2869198 2173360 245187 38909 32640 2424816 0.55810 0.44190 0 0 478759 123151 355608 130514 120097 10417 233183 105950 127233 83127 83127 576385 OTHER RECEIVABLE 1007503 1007503 OTHER LIABILITIES 2745 2745 X 19776274 -269330 45970 2228646 2005286 17770988 -194883 -194883 17576105 14906586 45970 4647793 4693763 10212823 4719721 4719721 14932544 PART V, LINE 4: THE BOARD-DESIGNATED ENDOWMENT FUNDS ARE 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 (2012-2014) OR EXPECTED TO BE TAKEN IN HOPE'S 2015 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 MICROFINANCE ENTITIES REPORTED IN FINANCIAL STATEMENTS -72,085. HGIF GAIN REPORTED ON FINANCIAL STATEMENTS 4,550. REVENUE OF HOPE ADVANCEMENT REPORTED IN FINANCIAL STATEMENTS 2,296,181. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME INCLUDED IN OTHER CHANGES ON FINANCIAL STATEMENTS -194,883. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF FOREIGN MICROFINANCE ENTITIES REPORTED IN FINANCIAL STATEMENTS 4,647,183. EXPENSES OF HOPE ADVANCEMENT REPORTED ON FINANCIAL STATEMENTS 610. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT TO HOPE ADVANCEMENT 3,441,806. EXPENSES FOR RWANDA FIELD OFFICE 809,958. EXPENSES FOR MALAWI FIELD OFFICE 430,710. VARIOUS FOREIGN GRANTS ELIMINATED IN CONSOLIDATION 37,247. 1 SOUTH ASIA 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN AFGHANISTAN AND INDIA 699650 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN UKRAINE, RUSSIA, AND MOLDOVA 782020 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN CHINA AND THE PHILIPPINES 1076462 SUB-SAHARAN AFRICA 2 5 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN THE DEMOCRATIC REPUBLIC OF CONGO, THE REPUBLIC OF CONGO, RWANDA, MALAWI, BURUNDI, ZAMBIA AND ZIMBABWE. 6929074 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN ROMANIA 37292 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN THE DOMINICAN REPUBLIC AND HAITI 1251242 SOUTH AMERICA 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN PERU 113061 2 7 0 0 2 7 10888801 0 10888801 SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 170000 WIRE TRANSFER RUSSIA AND NEIGHBORING STATES ASSIST WITH GROWING MICROENTERPRISE OPERATIONS AND CHILDREN'S MINISTRIES 33230 WIRE TRANSFER RUSSIA AND NEIGHBORING STATES ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 45000 WIRE TRANSFER EAST ASIA AND THE PACIFIC ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 338000 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 15492 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 10000 WIRE TRANSFER RUSSIA AND NEIGHBORING STATES ASSIST WITH CHILDREN'S MINISTRY 274193 WIRE TRANSFER SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 78000 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 49048 WIRE TRANSFER SOUTH AMERICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 16125 WIRE TRANSFER SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 102000 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 5528 WIRE TRANSFER 9 3 FUNDING OF EAST ASIA OPERATION AND FINANCING OF LOANS TO CLIENTS EAST ASIA AND THE PACIFIC 1 292306 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: FOREIGN ENTITIES THAT RECEIVE GRANTS FROM HOPE INTERNATIONAL 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 INTERNATIONAL'S VICE PRESIDENT OF OPERATIONS ON A REGULAR BASIS. FURTHERMORE, REPRESENTATIVES OF HOPE INTERNATIONAL REGULARLY VISIT THE FOREIGN ENTITIES THAT RECEIVE HOPE'S FUNDING. CALIFORNIA EVENT 588138 527588 60550 269 59165 4649 1500 58730 PA GOLF TOURNAMENT 311770 291655 20115 8774 23401 348 26034 31 1447864 1410168 37696 900 19392 102177 19714 1860 118739 2347772 2229411 118361 900 28435 184743 24711 3360 203503 445652 -327291 1 ESPERANZA 1611 116TH AVE NE SUITE 101 BELLEVUE WA 98004 911585511 501(C)(3) 714112 ASSIST WITH GROWING MICROENTERPRISE OPERATIONS AND MISSION TRIPS. HOPE ADVANCEMENT INC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 320360887 501(C)(3) 3441806 TO INFUSE CAPITAL IN MICROENTERPRISE OPERATIONS. HOMES FOR HOPE 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 208825926 501(C)(3) 152113 TO INFUSE CAPITAL IN MICROENTERPRISE OPERATIONS. 3 0 PART I, LINE 2: ENTITIES THAT RECEIVE GRANTS FROM HOPE INTERNATIONAL 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 INTERNATIONAL'S MANAGEMENT ON A REGULAR BASIS. THOUGH ESPERANZA IS BASED IN WASHINGTON STATE, ITS PRIMARY OPERATIONS ARE IN THE DOMINICAN REPUBLIC AND HAITI. HOPE ADVANCEMENT IS CONTROLLED BY HOPE INTERNATIONAL. X 0 0 0 0 0 0 0 0 0 PETER GREER PRESIDENT & CEO 136513 0 0 0 1170 0 3000 0 17255 0 157938 0 0 0 ALISA HOOBER DAUGHTER OF BOARD MEMBER 42643 EMPLOYMENT OF QUALIFIED INDIVIDUAL 0 X 11004 FAIR MARKET VALUE X 17 297580 FAIR MARKET VALUE X SILENT AUCTION ITEMS 1 51586 FAIR MARKET VALUE X CARD STOCK/ENVELOPES 39 12790 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE 990 IS PROVIDED TO ALL BOARD OF DIRECTOR MEMBERS PRIOR TO FILING WITH THE IRS.THE MANAGER OF INTERNATIONAL ACCOUNTING AND CFO OR VP OF ADMINISTRATION AND FINANCE REVIEW THE 990, AND THE CFO OR VP OF ADMINISTRATION AND FINANCE SIGNS THE 990 UPON SATISFACTORY REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS PERIODIC SIGN OFF ON THE CONFLICT OF INTEREST POLICY. ETHICSPOINT/NAVEX GLOBAL IS USED FOR ANONYMOUS REPORTING ON ALL SORTS OF VIOLATIONS INCLUDING CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT OF HOPE INTERNATIONAL IS DETERMINED BY THE BOARD. HIS COMPENSATION IS BASED ON HIS PERFORMANCE AND THEIR UNDERSTANDING OF COMPENSATION AT OTHER NONPROFITS. THE COMPENSATION OF ALL OTHER EMPLOYEES IS DETERMINED THROUGH USE OF A PAY SCALE SCHEDULE WHICH SEGREGATES ALL EMPLOYEES INTO FOUR CATEGORIES. ADMINISTRATIVE ASSISTANTS ARE IN THE LOWEST TIER, AND EXECUTIVES ARE IN THE TOP TIER. RAISES ARE BASED ON MERIT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE ON ITS WEBSITE OR 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 RWANDA FIELD OFFICE NOT INCLUDED 78,810. GAIN ON FOREIGN CURRENCY TRANSLATION RWANDA FIELD OFFICE NOT INCLUDED 254,935. HIGHER IMPACT PROPERTIES LLC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 232836648 HOLDING COMPANY FOR RENTAL PROPERTIES PA 44068 409353 HOPE GLOBAL INVESTMENT FUND 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 770682619 RAISE AND PROVIDE CAPITAL TO MICROENTERPIRSE PROGRAMS FOR POVERTY VT 5151 35923 HOPE ADVANCEMENT INC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 320360887 RAISE AND PROVIDE CAPITAL TO MICROENTERPRISE PROGRAMS TO ALLEVIATE POVERTY DE 501(C)(3) 11 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HOPE ADVANCEMENT B 3441806 CASH PAID