Totals
- Total revenue
- $6,719,542
- Total expenses
- $6,449,528
- Contributions and grants received
- $761,410
- Grants paid
- $0
- Program service revenue
- $5,925,874
- Investment income
- $32,258
- Other revenue
- $0
- Total assets, end of year
- $3,484,328
- Total liabilities, end of year
- $313,118
- Net assets or fund balances, end of year
- $3,171,210
- Program services expenses (Part IX)
- $6,086,327
- Management and general expenses
- $257,674
- Fundraising expenses
- $105,527
- Program service expenses (Part III)
- $6,086,327
Program services were 94.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$761,410
-
2a · Program service revenue: LOGOS INTL SCHOOL
total $2,743,082 · related or exempt $2,743,082
-
2b · Program service revenue: ASIAN HOPE INTL SCHOOL
total $2,553,437 · related or exempt $2,553,437
-
2c · Program service revenue: HOPE
total $629,355 · related or exempt $629,355
-
3 · Investment income
total $32,258 · related or exempt $32,258
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $90,000 · program services $16,610 · management and general $17,139 · fundraising $56,251
-
7 · Other salaries and wages
total $3,440,117 · program services $3,349,986 · management and general $62,266 · fundraising $27,865
-
9 · Other employee benefits
total $99,058 · program services $99,058
-
10 · Payroll taxes
total $116,387 · program services $110,996 · management and general $2,618 · fundraising $2,773
-
11a · Fees: management
total $6,220 · fundraising $6,220
-
11b · Fees: legal
total $34,771 · management and general $34,771
-
11c · Fees: accounting
total $8,293 · management and general $8,293
-
12 · Advertising and promotion
total $19,449 · program services $16,287 · management and general $83 · fundraising $3,079
-
13 · Office expenses
total $147,727 · program services $102,222 · management and general $36,166 · fundraising $9,339
-
16 · Occupancy
total $769,894 · program services $769,894
-
17 · Travel
total $87,714 · program services $78,210 · management and general $9,504
-
22 · Depreciation, depletion and amortization
total $282,656 · program services $282,656
-
23 · Insurance
total $8,496 · management and general $8,496
-
24a · Other expenses: SCHOOL SUPPLIES AND RESOURCE
total $1,216,277 · program services $1,216,277
-
24b · Other expenses: TAXES & FEES
total $122,469 · program services $44,131 · management and general $78,338
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,042,705 · end of year $859,509
-
4 · Accounts receivable
end of year $32,995
-
9 · Prepaid expenses and deferred charges
beginning of year $57,252 · end of year $53,647
-
10a · Land, buildings and equipment: cost or other basis
$2,758,723
-
10b · Land, buildings and equipment: accumulated depreciation
$1,200,150
-
10c · Land, buildings and equipment, net
beginning of year $1,098,752 · end of year $1,558,573
-
15 · Other assets
beginning of year $959,604 · end of year $979,604
-
17 · Accounts payable and accrued expenses
beginning of year $20,725 · end of year $48,434
-
19 · Deferred revenue
beginning of year $104,188 · end of year $131,002
-
22 · Loans and payables to officers and key people
beginning of year $110,000 · end of year $110,000
-
25 · Other liabilities
beginning of year $22,204 · end of year $23,682
-
27 · Net assets without donor restrictions
beginning of year $2,901,196 · end of year $3,171,210
Mission and programs · 2022
Mission
BY ALTERING THE FUTURE OF VULNERABLE CHILDREN IN CAMBODIA THROUGH LIFE CHANGING PROGRAMS OF CHRISTIAN EDUCATION AND COMMUNITY DEVELOPMENT, ASIAN HOPE IS CREATING A GENERATION OF COMPASSIONATE, EQUIPPED, CHRISTIAN LEADERS.
-
VILLAGE DEVELOPMENT PROGRAM & OUTREACH - EDUCATIONAL OPPORTUNITIES AND LIFE ESSENTIALS ARE PROVIDED TO IMPOVERISHED CHILDREN IN FOUR CAMBODIAN COMMUNITIES.ASIAN HOPE SCHOOLS - TWO PRIVATE INTERNATIONAL CHRISTIAN SCHOOLS ARE OPERATED IN PHNOM PENH, CAMBODIA. THESE SCHOOLS SERVE A WIDE VARIETY OF CHILDREN AND THE CURRICULUM IS DESIGNED TO EQUIP STUDENTS TO BE SPIRITUALLY MATURE, ACADEMICALLY SOUND, AND SOCIALLY RESPONSIBLE.HIGHER EDUCATION AND LEADERSHIP PREPARATION (HELP) - THE HELP PROGRAM IS DEDICATED TO SEEING A NEW GENERATION OF HIGHLY EDUCATED CHRISTIANS TAKING THEIR PLACE IN CAMBODIAN SOCIETY AND WORKPLACES. THIS IS ACCOMPLISHED THROUGH POST-SECONDARY EDUCATION OPPORTUNITIES AND A TEACHER TRAINING PROGRAM.
Expenses $6,086,327
As filed on the 2022 return.
Listed in Part VII
-
Claire CroweCLAIRE CROWE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Scott WolfSCOTT WOLF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim HoyTIM HOY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David A DolanDAVID A DOLAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Scott StonebreakerSCOTT STONEBREAKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jon SchubertJON SCHUBERT
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Paul TesiPAUL TESI
PRESIDENT & CEO
- Total calculated
- $0
- Hours/week
- 20
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 17 June 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431699349301398
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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