Asian Hope Inc
Nonprofit profile at a glance
- EIN
- 841553945
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Forest, VA, USA
- Phone
- 4349420287
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Federated Giving Programs
- Affiliation
- Christianity
Reported finances
- Revenue
- $7,808,413
- Expenses
- $7,257,624
- Assets
- $5,978,511
- Liabilities
- $2,195,851
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- PAUL TESI (PRESIDENT & CEO)
People named in this filing
- SCOTT STONEBREAKER (BOARD MEMBER)
- SCOTT WOLF (BOARD MEMBER)
- TIM HOY (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 55
- Accountability: 88
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.1%; rating input score 89
- Program expense ratio: 95.7%; rating input score 96
- Fundraising efficiency: $6.87 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.1%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.82; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 12.8% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 10.6% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 17.4% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 89.1% of revenue deployed · 95.7% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $6.9M in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes major donors and foreign activity
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 26/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Operating margin scored 56/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.