2014-06-17T15:48:35-05:00 2013-12-31 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2013-01-01 232836648 HOPE INTERNATIONAL HOPE 7174643220 227 GRANITE RUN DRIVE NO 250 LANCASTER PA 17601 JESSE CASLER VP OF ADMINISTRATION 7174643220 2014-06-17 1 STACY CULLEN P00974308 2159798800 2014-06-17 2013 2015-11-30 17:44:51Z JESSE CASLER 227 GRANITE RUN DRIVE NO 250 LANCASTER PA 17601 12439292 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. 10 9 92 185 0 0 10613648 11934207 0 0 99526 155515 -218616 -221883 10494558 11867839 2407129 3479673 0 0 3159535 3701958 0 0 1502727 3017229 3355618 8583893 10537249 1910665 1330590 10756381 11325306 1549060 793981 9207321 10531325 AND TO INVEST IN THE DREAMS OF THE POOR AS WE PROCLAIM AND LIVE THE GOSPEL IN THE WORLD'S UNDERSERVED COMMUNITIES. 0 0 8480551 3479673 HOPE INTERNATIONAL ("HOPE") IS A GLOBAL, FAITH-BASED, 501(C)(3) NONPROFIT ORGANIZATION FOCUSED ON ALLEVIATING POVERTY THROUGH MICROENTERPRISE DEVELOPMENT. THROUGH DISCIPLESHIP, BIBLICALLY BASED BUSINESS TRAINING, A SAFE PLACE TO SAVE, AND SMALL LOANS, HOPE EMPOWERS THOSE IN POVERTY TO CREATE A SAFETY NET AND INVEST IN THEIR BUSINESSES, HELPING THEM SUPPORT THEIR FAMILIES, COMMUNITIES, AND CHURCHES. HOPE ALSO EDUCATES SUPPORTERS, HELPING THEM UNDERSTAND ISSUES OF GLOBAL POVERTY AND INVITING THEIR PARTICIPATION IN THIS WORK. HOPE WAS INCORPORATED IN 1996 AND CURRENTLY SERVES IN BURUNDI, CENTRAL ASIA, CHINA, THE DOMINICAN REPUBLIC, THE DEMOCRATIC REPUBLIC OF CONGO, HAITI, INDIA, MALAWI, MOLDOVA, PERU, THE PHILIPPINES, THE REPUBLIC OF CONGO, ROMANIA, RUSSIA, RWANDA, UKRAINE, AND ZIMBABWE. 8480551 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 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 22 0 1 92 1 0 1 UP CG AF CF RS RW 0 0 0 1 1 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 KY MD MS MI MN MA AL AZ CA CO CT FL GA IL KS MO NH NJ NM NY NC OH OK OR PA SC TN UT DC X X JESSE CASLER 7174643220 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 PETER GREER PRESIDENT & CEO 40.00 X X 133971 0 19578 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 0 0 0 ANDRE MANN DIRECTOR 1.00 X 0 0 0 DAVID WONG CFO 40.00 X 103472 0 2091 JESSE CASLER VICE PRESIDENT OF ADMINIST 40.00 X 79946 0 2733 DAVE WASIK VICE PRESIDENT OF OPERATIO 40.00 X 78643 0 19570 396032 0 43972 2 0 1 0 0 1935121 9999086 721493 11934207 150828 150828 46369 40710 5659 5659 5659 131985 127298 4687 4687 4687 175400 1935121 403445 -228045 -228045 OTHER INCOME 900099 503 503 503 11867839 503 0 -66871 2621233 2621233 858440 858440 440004 265186 50870 123948 2489872 1500621 287858 701393 56550 35830 5710 15010 472461 299564 47775 125122 243071 145593 28673 68805 6477 6477 37527 37527 403213 368519 6755 27939 125673 26129 6577 92967 328038 158523 36141 133374 515103 443165 3452 68486 45065 25621 8805 10639 6601 2658 3386 557 MISCELLANEOUS 809743 714298 21854 73591 OTHER STAFF EXPENSES 415671 308660 46115 60896 MISSION TRIPS 411986 411986 EDUCATION 250521 250521 10537249 8480551 553971 1502727 532716 493213 5452378 4686145 1111378 1590505 32710 3436 1374622 1062580 122408 135421 803959 284961 507525 518998 1047232 1702522 94089 94089 481323 1038397 10756381 11325306 450475 404617 1071940 385644 26645 3720 1549060 793981 X 6580586 8104946 1549957 1064252 1076778 1362127 9207321 10531325 10756381 11325306 X 1330590 6694 -13280 X 0 1 X 1 0 X 3958080 7174444 8732650 10605191 11934207 42404572 3958080 7174444 8732650 10605191 11934207 42404572 6443448 35961124 45358 201481 116624 101751 197197 662411 4526 635 503 5664 43072647 2920490 0.83490 0.87620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2869198 690729 106206 56096 3610037 2424816 389737 98824 44179 2869198 2173360 245187 38909 32640 2424816 1105439 1046749 59170 20235 2191123 842420 251450 25385 13816 1105439 0.62270 0.37730 0 0 478759 91156 387603 130514 84950 45564 194686 108855 85831 518998 OTHER RECEIVABLE 1038397 1038397 OTHER LIABILITIES 3720 3720 X 13948754 6694 20367 2103974 2131035 11817719 50120 50120 11867839 11904677 20367 4039518 4059885 7844792 2692457 2692457 10537249 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 (2010-2012) OR EXPECTED TO BE TAKEN IN HOPE'S 2013 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS, EXCEPT ONE INSTANCE INVOLVING HOPE DRC, THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF FOREIGN MICROFINANCE ENTITIES REPORTED IN FINANCIAL STATEMENTS 1,270,357. HGIF LOSS REPORTED ON FINANCIAL STATEMENTS -1,604. REVENUE OF HOPE ADVANCEMENT REPORTED IN FINANCIAL STATEMENTS 835,221. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME INCLUDED IN OTHER CHANGES ON FINANCIAL STATEMENTS 50,120. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF FOREIGN MICROFINANCE ENTITIES REPORTED IN FINANCIAL STATEMENTS 4,038,434. EXPENSES OF HOPE ADVANCEMENT REPORTED ON FINANCIAL STATEMENTS 1,084. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT TO HOPE ADVANCEMENT 2,072,931. EXPENSES FOR RWANDA FIELD OFFICE 619,526. HGIF PROVISION EXPENSE NOT INCLUDED IN FINANCIAL STATEMENTS 1 SOUTH ASIA 0 1 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN AFGHANISTAN AND INDIA 680697 RUSSIA AND NEWLY INDEPENDENT STATES 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN UKRAINE, RUSSIA AND MOLDOVA 620674 EAST ASIA & PACIFIC 0 1 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN CHINA AND PHILIPPINES 509745 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN THE DEMOCRATIC REPUBLIC OF CONGO, THE REPUBLIC OF CONGO, RWANDA, AND BURUNDI. 4472561 EUROPE 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN ROMANIA 18427 CENTRAL AMERICA AND CARRIBBEAN 0 4 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN DOMINICAN REPUBLIC AND HAITI 1027171 SOUTH AMERICA 0 0 PROGRAM SERVICES, GRANTS TO PROGRAMS ASSIST WITH GROWING MICROENTERPRISE OPERATIONS IN PERU 104281 0 7 0 0 0 7 7433556 0 7433556 SOUTH ASIA ASSIST WITH GROWING MICROECONOMIC OPERATIONS 139250 WIRE TRANSFER RUSSIA AND INDEDPENDENT STATES ASSIST WITH GROWING MICROENTERPRISE OPERATIONS AND CHILDREN'S MINISTRIES 20000 WIRE TRANSFER RUSSIA AND INDEDPENDENT STATES ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 116290 WIRE TRANSFER EAST ASIA AND PACIFIC ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 215794 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 8000 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 18922 WIRE TRANSFER SOUTH ASIA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 66281 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 278028 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 35877 WIRE TRANSFER SOUTH AMERICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 10500 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 16857 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST WITH GROWING MICROENTERPRISE OPERATIONS 18922 WIRE TRANSFER 8 4 FUNDING OF EAST ASIA OPERATION AND FINANCING OF LOANS TO CLIENTS EAST ASIA AND PACIFIC 1 52661 WIRE TRANSFER FUNDING OF CENTRAL AMERICA OPERATION AND FINANCING OF LOANS TO CLIENTS CENTRAL AMERICA AND THE CARIBBEAN 1 102401 WIRE TRANSFER FUNDING OF SUB-SAHARAN AFRICA OPERATION AND FINANCING OF LOANS TO CLIENTS SUB-SAHARAN AFRICA 1 33162 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 ERADICATE 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. HOUSTON BREAKFAST 580622 580622 1589 500 4224 10 3153 SOUTHERN CALIFORNIA EVENT 481359 402644 78715 80 2010 27996 400 108577 13 1015586 918901 96685 31433 57798 61646 1746 113041 2077567 1902167 175400 33102 60308 93866 2156 224771 414203 -238803 1 ESPERANZA 1611 116TH AVE NE SUITE 101 BELLEVUE WA 98004 911585511 501(C)(3) 448302 ASSIST WITH GROWING MICROENTERPRISE OPERATIONS AND MISSION TRIPS. HOPE ADVANCEMENT INC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 320360887 501(C)(3) 2072931 TO INFUSE CAPITAL IN MICROENTERPRISE OPERATIONS. HOMES FOR HOPE 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 208825926 501(C)(3) 100000 TO CREATE A BUILDER'S FUND AT HOMES FOR HOPE. 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 ERADICATE 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 132801 0 0 0 1170 0 1800 0 17778 0 153549 0 0 0 X 500 FAIR MARKET VALUE X 18 352273 FAIR MARKET VALUE X LOAN RECEIVAB 1 250000 FAIR MARKET VALUE X SILENT AUCTIO 6 109079 FAIR MARKET VALUE X ELECTRONICS 1 3000 FAIR MARKET VALUE X ENVELOPES 6 2213 FAIR MARKET VALUE X GOLF BOOKLETS 1 1478 FAIR MARKET VALUE X GOLF OUTING 2 1150 FAIR MARKET VALUE X GOLF CLUBS 1 825 FAIR MARKET VALUE X GIFT CERTIFIC 3 750 FAIR MARKET VALUE X GIFT CARDS 5 225 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 EXTERNAL REPORTING AND CFO OR VP OF ADMINISTRATION REVIEW THE 990, AND THE CFO OR VP OF ADMINISTRATION SIGNS THE 990 UPON SATISFACTORY REVIEW. 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 -18,420. LOSS ON FOREIGN CURRENCY TRANSLATION RWANDA FIELD OFFICE NOT INCLUDED 4,660. MISCELLANEOUS ADJUSTMENT 480. HIGHER IMPACT PROPERTIES LLC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 232836648 HOLDING COMPANY FOR RENTAL PROPERTIES PA 5659 509672 HOPE GLOBAL INVESTMENT FUND 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 770682619 RAISE AND PROVIDE CAPITAL TO MICROENTERPIRSE PROGRAMS FOR POVERTY VT 198396 724134 HOPE ADVANCEMENT INC 227 GRANITE RUN DRIVE SUITE 250 LANCASTER PA 17601 320360887 TO HOLD MICROENTERPRISE ENTITIES FOR THE ADVANCEMENT OF HOPE INTERNATIONAL 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 2072931 CASH PAID