Hope for the Nations

222-1889 Springfield Road
Kelowna, BC V1Y 5V5
Executive Director: Patricia Phillips
Board Chair: Josh Bryon

Charitable Reg. #:89875 9931 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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FINANCIAL TRANSPARENCY

Most recent Audited financial statements available on the charity’s website.

C

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

Fair

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

86%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 86 cents are available for programs.



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Programs

About Hope for the Nations:

Hope for the Nations (HFTN) was started in 1994 to support children at risk due to war, poverty, illiteracy and child trafficking in developing countries.  Hope for the Nations partners with local organizations to operate foster homes, operate schools for children, develop micro-enterprise projects, support community development projects, including feeding programs, agriculture and health-related programs, and provide emergency response.  It works in 23 countries across Asia, Africa, Eastern Europe, and North America.

As well as working with children, Hope for the Nations' partners also provide programs to women who need help to lift their families from poverty or to address sexual exploitation.

In Canada, Hope for the Nations funds 2 programs: Launchpad New Immigrant Society, that helps highly-trained immigrants regain their professional status in Canada, and Food for Thought, a breakfast program for children in the Okanagan Valley.

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Results and Impact

Hope for the Nations reports that at its Ecole Shalom in Burundi/DR Congo, students have achieved a 100% pass rate from primary to secondary school for 9 years. As well, it reports that at the Akae Dwelling in Mombasa, women have started their own businesses, such as a restaurant and a salon. These results are a sample of those provided on the charity’s website.

Charity Intelligence has rated Hope for the Nations as Fair on demonstrated impact per dollar spent.

Impact Rating: Fair

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Finances

Hope for the Nations received $2.3m in donations in F2019, up 13% from F2017. Administrative costs were 14% of total revenues. Fundraising costs reported on the charity’s T3010 filing with the CRA were less than 1% of donations. Total overhead spending falls within Ci’s reasonable range. The charity has funding reserves of $624k that can cover just over 4 months of program spending, indicating a funding need.

Financial Review


Financial Ratios

Fiscal year ending July
201920182017
Administrative costs as % of revenues 13.9%18.8%14.3%
Fundraising costs as % of donations 0.6%0.4%0.6%
Total overhead spending 14.5%19.2%14.9%
Program cost coverage (%) 34.2%38.6%21.4%

Summary Financial Statements

All figures in $s
201920182017
Donations 2,252,7461,735,5491,908,369
International donations 0132,59490,908
Government funding 017,0000
Investment income 16,6642,2108,361
Total revenues 2,269,4101,887,3532,007,638
Program costs - International 1,650,1321,282,8641,672,874
Program costs - Canada 172,042112,05776,752
Administrative costs 312,800354,990286,755
Fundraising costs 13,2116,74710,969
Total spending 2,148,1801,756,6602,047,350
Cash flow from operations 121,225130,695(39,712)
Capital spending 000
Funding reserves 623,918538,129374,051

Note: International donations, government funding, administrative costs, and fundraising expenses were taken from the charity's T3010 filing with the CRA for F2018 and F2017. The T3010 was not available for F2019 at the time this profile was created thus the values for F2019 are likely not comparable.

Salary Information

Full-time staff: 6

Avg. Compensation: $44,185

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
4
< $40k
2

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

Comments added by the Charity:

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Charity Contact

Website: www.hopeforthenations.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 250-712-2007

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