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Children's Hopechest

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 330430285 ✦ Palmer lake, CO ✦ Designated as a 501(c)(3)

Overview

What is Children's Hopechest?

Children's Hopechest is a nonprofit organization based in Palmer Lake, Colorado. Their mission, inspired by Christian values, is to empower local leaders and communities in five countries to overcome poverty and provide a self-sufficient future for orphaned and vulnerable children. They foster long-term partnerships between North American Christian communities and these disadvantaged areas, addressing various aspects of poverty such as material, spiritual, emotional, social, economic, and educational needs. The main focus is on nurturing the holistic growth of these children, ensuring their survival, education, and eventual employment, ultimately fostering sustainability and independence. The organization's activities and mission are centered around releasing the potential within these communities, starting with the children themselves. Children's Hopechest employs a team of 20 individuals to carry out its mission.


Official website here: www.hopechest.org

Is Children's Hopechest legitimate?

Children's Hopechest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Hopechest 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: $302,708
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,270,950

For more financial information, click here


Official website here: www.hopechest.org

What is the mission statement of Children's Hopechest?

Children's Hopechest, inspired by Christian values, aims to unlock the potential within vulnerable communities, particularly focusing on children. Through the establishment of community-to-community partnerships between North American Christian communities and those in five countries with orphaned and vulnerable children, they strive for transformational, holistic, sustainable, and long-term change. This is achieved by empowering local leaders, equipping partnering communities, addressing the multifaceted causes of poverty, tending to the child's survival, community, education, and employment needs, and ultimately, promoting self-sufficiency. The organization's work also extends to positively impacting the lives of partnering community members through exposure, education, relationships, and service.


Official website here: www.hopechest.org

Who is the CEO of Children's Hopechest?

Ken Sparks is the President And Ceo of Children's Hopechest. The CEO's salary of Children's Hopechest is $158,891 and their total compensation is $182,584.


Official website here: www.hopechest.org

What is the revenue of Children's Hopechest?

Children's Hopechest's revenue in 2023 was $6,414,523.


Official website here: www.hopechest.org

Who are the executives of Children's Hopechest and what are their salaries?

The average compensation at Children's Hopechest during 2023 was $78,683. There are 20 employees and 800 volunteers at Children's Hopechest.

Here are 9 key members and their salaries (Children's Hopechest's CEO's salary is $158,891 and their total compensation is $182,584):

    Ken Sparks (President And Ceo) [Trustee/Director]
  • Compensation: $158,891
  • Related: $0
  • Other: $23,693

    • Wil Crooks (Vp Of Strategic Partnerships)
  • Compensation: $107,468
  • Related: $0
  • Other: $12,965

    • Leona Strait (Controller)
  • Compensation: $74,950
  • Related: $0
  • Other: $30,838

    • Jeff Wilson (Board Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Ellefson (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Wertheim (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Townsend (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brynn Albretsen (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Schepmann (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hopechest.org

    Where can I find the form 990 for Children's Hopechest?

    The Children's Hopechest’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.hopechest.org

    Learn more at the official website: www.hopechest.org

    Mission Statement of Children's Hopechest

    Children's Hopechest, inspired by Christ's love, strives to unlock the potential within vulnerable communities, focusing on children as its primary recipients. The organization's mission is to establish long-lasting, relationship-driven partnerships between Christian communities in North America and communities of orphaned and vulnerable children in five different countries. By fostering these partnerships, Children's Hopechest aims to empower local leaders to spread the Gospel, combat poverty, and cultivate self-sufficiency for every child.

    In these partnerships, Children's Hopechest encourages the participating communities to engage directly in international development practices, addressing the intricate causes of poverty. The organization addresses various aspects of a child's life, including material, spiritual, emotional, social, economic, and educational needs. By focusing on the child's holistic needs for survival, community, education, and employment, Children's Hopechest aims to help these children thrive within their own cultures.

    Furthermore, Children's Hopechest seeks to transform the lives of the partnering communities through exposure, education, and service. By working together, both the children and the partnering communities gain from these relationships, leading to sustainable and independent lives for children and personal growth for community members.

    Impact

    This information is meant to be a general summary of Children's Hopechest. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Children's Hopechest releases the potential existing within vulnerable communities, starting with the children. Through highly relational community-to-community partnerships, Children's HopeChest works with Christian communities in North America and communities of orphaned and vulnerable children in 5 countries to bring about transformational, holistic, sustainable, and long-term change. By empowering local leaders, reducing poverty, and promoting self-sufficiency for every child, Children's HopeChest helps orphans survive, thrive, and succeed within their home cultures. Additionally, they engage churches, businesses, and other Christian communities in long-term partnerships that address the complex causes of poverty and tend to the holistic needs of children for survival, community, education, and employment. By focusing on sustainability, independence, and long-term self-sufficiency, Children's HopeChest is transforming the lives of children and partnering community members alike.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,985
  • Program Service Revenue: $0
  • Gross Receipts: $6,414,523

    • Assets and Liabilities:
  • Total Assets: $1,493,041
  • Total Liabilities: $306,965
  • Net Assets: $1,186,076
  • Organization Details

    Founding Year

    1990

    Principal Officer

    Ken Sparks

    Main Address

    PO Box 1190, Palmer Lake, CO, 80133

    NTEE Category

    Code: Q330 - International

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