Eight 4 Third World Hope Inc Kevin Carges
Nonprofit profile at a glance
- EIN
- 800695758
- IRS 990-EZ coverage
- 2018–2023
- Forms available
- Form 990 2022, Form 990-EZ 2023, Form 990-N 2016
- Location
- Canandaigua, NY, USA
- Phone
- 5853942600
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $155,003
- Expenses
- $113,125
- Assets
- $83,654
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Tom DAmico (President)
- Yvonne Chanatry Cheshir (Vice President)
People named in this filing
- Kevin Carges (Treasurer)
- Tom DAmico (President)
- Yvonne Chanatry Cheshir (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Eight 4 World Hopes mission is to give hope to the voiceless, one community at a time, by providing a safe, stable learning environment that fosters long-term opportunity for individuals and families.
What it reported doing in 2023
Assist in building schools in Jamaica
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 73
- Sustainability: 60
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.1%; rating input score 0
- Program expense ratio: 0.2%; rating input score 0
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 27%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -53.1% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: 35.1% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 15.7% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 0.1% of revenue deployed · 0.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $175 in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2018 to 2023
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.