Overview
What is New Hope Initiative Inc?
New Hope Initiative Inc, headquartered in Kingwood, Texas, operates as a Christian-based nonprofit organization with a mission to support and establish feeding centers, schools, medical clinics, and orphanages in several foreign countries. Their primary focus is on aiding indigent children and their families by providing essential needs such as food, education, and medical care. Specifically, they fund various projects in Kibera Slum, Nairobi, Kenya, including a full scholarship academy for over 400 students, secondary school scholarships for high school-bound students, medical services at the New Hope Clinic, and job training and micro-business loans for single mothers through Project Biashara.
Official website here: www.newhopeinitiative.org
Is New Hope Initiative Inc legitimate?
New Hope Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Initiative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $66,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,700
For more financial information, click here
Official website here: www.newhopeinitiative.org
What is the mission statement of New Hope Initiative Inc?
New Hope Initiative Inc, as a Christian ministry, is dedicated to establishing and sustaining various facilities in foreign countries. These facilities include feeding centers, schools, medical clinics, and orphanages, with the primary aim of providing essential support to indigent children and their families. The organization's mission is to offer food, education, and medical care to these vulnerable individuals, thereby enhancing their quality of life. Through grants, New Hope Initiative Inc funds initiatives such as New Hope Academy, Penda Project, New Hope Clinic, and Project Biashara, which provide full scholarships, secondary school scholarships, basic medical services, job training, and micro-business loans, respectively.
Official website here: www.newhopeinitiative.org
Who is the CEO of New Hope Initiative Inc?
Luke Bondy is the Treasurer of New Hope Initiative Inc.
Official website here: www.newhopeinitiative.org
What is the revenue of New Hope Initiative Inc?
New Hope Initiative Inc's revenue in 2022 was $1,106,496.
Official website here: www.newhopeinitiative.org
Who are the executives of New Hope Initiative Inc and what are their salaries?
The average compensation at New Hope Initiative Inc during 2022 was $27,425. There are 4 employees and 70 volunteers at New Hope Initiative Inc.
Here are 14 key members and their salaries:
- Sandy Baird (Director)
- David Belk (Board Member) [Trustee/Director]
- James Wagstaff (Vice Chair) [Trustee/Director]
- Karen Baird (Director)
- Kevin Whitacre (Board Chair) [Trustee/Director]
- Luke Bondy (Treasurer) [Trustee/Director]
- Cheryl Wood (Secretary) [Trustee/Director]
- Logan Ashcraft (Board Member) [Trustee/Director]
- Kyle Baird (Board Member) [Trustee/Director]
- Kristin Cope (Board Member) [Trustee/Director]
- Christi Davis (Board Member) [Trustee/Director]
- Susan Griffin (Board Member) [Trustee/Director]
- Tom Maine (Board Member) [Trustee/Director]
- Tj Walter (Board Member) [Trustee/Director]
Official website here: www.newhopeinitiative.org
Where can I find the form 990 for New Hope Initiative Inc?
The New Hope Initiative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.newhopeinitiative.org
Learn more at the official website: www.newhopeinitiative.org
Mission Statement of New Hope Initiative Inc
New Hope Initiative Inc, as a Christian ministry, is dedicated to establishing and supporting various facilities in foreign countries. Their mission is to provide essential aid to indigent children and their families, ensuring they have access to food, education, and medical care. This nonprofit organization funds feeding centers, schools, medical clinics, and orphanages in various locations, aiming to uplift the lives of those in need.
Specifically, New Hope Initiative Inc supports a full scholarship academy, New Hope Academy, in the Kibera Slum of Nairobi, Kenya. The academy, which caters to over 400 students from pre-K to grade 8, is fully funded by the nonprofit. Beyond this, the organization also provides secondary school scholarships for over 160 students graduating from New Hope Academy, enabling them to attend local high schools, and further scholarships for an additional 20 students to pursue university education.
Additionally, New Hope Initiative Inc supports the Penda Project, offering scholarships to students for secondary and higher education. Furthermore, the organization provides basic medical services to students and their families through the New Hope Clinic, which is funded by New Hope Initiative Inc. Lastly, Project Biashara, supported by the nonprofit, offers job training and micro-business loans to approximately 30 single mothers, allowing them to produce and sell goods.
In summary, New Hope Initiative Inc, a Christian ministry, is committed to establishing and supporting essential facilities in foreign countries. Their mission is to provide food, education, and medical care to indigent children and their families. Through funding various initiatives, such as the New Hope Academy, Penda Project, New Hope Clinic, and Project Biashara, the organization aims to uplift the lives of those in need, ensuring they have the necessary support for a better future.
Impact
This information is meant to be a general summary of New Hope Initiative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
New Hope Initiative Inc has had a significant impact in providing holistic support to indigent children and their families in various countries. Through funding feeding centers, schools, medical clinics, and orphanages, they have effectively addressed the critical needs of these communities. In the Kibera Slum in Nairobi, Kenya, New Hope Initiative Inc's efforts have been particularly noteworthy.
Their support of the New Hope Academy, which offers full scholarships to over 400 students from pre-K through grade 8, including facilities, teachers, staff, and meals, has enabled access to quality education for many children who would otherwise not have had the opportunity. Additionally, the Penda Project provides secondary school scholarships for graduating students from New Hope Academy, allowing them to continue their education at high schools and universities.
Furthermore, their funding of the New Hope Clinic ensures that basic medical services are available to students and their families through a registered nurse. The Project Biashara initiative, which covers job training and micro-business loans for single mothers, has empowered these women to generate income and support their families.
Overall, New Hope Initiative Inc's work embodies their mission as a Christian ministry, providing not just material support but also spiritual guidance to those in need. Their impact is far-reaching and reflective of their commitment to philanthropy and community development.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2010
Phone
(281) 414-2059
Principal Officer
Luke Bondy
Main Address
PO Box 5071, Kingwood, TX, 77325
Website
www.newhopeinitiative.org
NTEE Category
Code: T20 - Philanthropy
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