Bold Hope Inc

Nonprofit profile at a glance

EIN
271895442
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2011, Form 990-N 2010
Location
Doylestown, PA, USA
Phone
2675445016
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Relief
Affiliation
Christianity

Official website

Reported finances

Revenue
$3,031,473
Expenses
$2,848,806
Assets
$1,379,413
Liabilities
$311,706

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • ANDREW JONES (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANDREW JONES (EXECUTIVE DIRECTOR): $147,308 total reported compensation
  • MATTHEW JONES (MANAGING DIRECTOR): $139,390 total reported compensation
  • CHRIS DAUGAARD (TECHNICAL & CREATIVE LEAD): $132,122 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bold hope exists to combat spiritual, economical, and familial poverty by providing hope to some of the world's most vulnerable people. Through community engagement, sustainability, and kingdom preparation we strive to resolve all forms of poverty and make a lasting impact on those we serve. We seek to serve not only individuals and families, but whole communities. Our purpose is to tackle each physical need that presents itself, all while sharing the love of christ.

What it reported doing in 2024

Family development program - we have transitioned from a child development program to a family development program. This transition to a more holistic ministry approach was born out of the belief that behind every child is a family, and behind that family is a community. In a broader view, it becomes clear that brokenness in a community and brokenness in a family affects the most vulnerable piece of any society - the child.our family development program continues to exist to meet daily needs that would otherwise go unmet. The means through which we accomplish this is child sponsorship. In many countries, families are unable to provide for their children financially, which in turn makes them susceptible to separation or exploitation. Our desire is to keep families together by supporting important efforts already being made in vulnerable communities or facilitating our own family development programs in some locations. Our sponsorship programs provide families in high-risk populations with basic necessities including items such as clean water, food, medical attention, shelter, clothing, education, protection, and our family development program continues to exist to meet daily needs that would otherwise go unmet. The means through which we accomplish this is child sponsorship. In many countries, families are unable to provide for their children financially, which in turn makes them susceptible to separation or exploitation. Our desire is to keep families together by supporting important efforts already being made in vulnerable communities or facilitating our own family development programs in some locations. Our sponsorship programs provide families in high-risk populations with basic necessities including items such as clean water, food, medical attention, shelter, clothing, education, protection, and spiritual development.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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: 70
  • Transparency & Controls: 55
  • Accountability: 95
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.8%; rating input score 74
  • Program expense ratio: 78.4%; rating input score 78
  • Fundraising efficiency: $6.62 raised per $1 spent on fundraising; rating input score 25; 25th 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: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 14.7%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 8% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 7.6% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 73.8% of revenue deployed · 78.4% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $147K · 17 people listed
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and foreign activity
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

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 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.