Haven of Hope International Inc

Nonprofit profile at a glance

EIN
611695988
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-EZ 2016, Form 990-N 2014
Location
Fort Myers, FL, USA
Phone
2395645683
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
International Development

Reported finances

Revenue
$1,104,694
Expenses
$1,073,596
Assets
$551,256
Liabilities
$13,070

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

Leadership & pay

8 people listed

Highest reported compensation

  • ALICE B SWEET (EXECUTIVE DI): $46,200 total reported compensation

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

Overview

Mission

Haven of hope international (hohi) is at the forefront of orphan care innovation with its mission to raise the standard of care for orphans left behind and abandoned by traditional adoption systems. Its mission is simple and specific: strengthen and empower homes to provide a therapeutic model of care that rescues, loves, restores, and equips the abused and abandoned children they serve. Hohi achieves its mission by enhancing the capabilities of orphan and foster care facilities to deliver better and sustainable care. The organization offers various resources, including financial aid, strategic programs, training, coaching, and access to partner resources. These resources enable homes to transition from basic survival (providing minimal necessities like one meal a day and a bed) to thriving, self-sustaining environments.

What it reported doing in 2024

At the heart of hohi's mission are the four pillars of purpose: rescue, love, restore, and equip. The love pillar serves as the foundation of the program-oriented rescue, restore, and equip pillars: "rescue programs focus on creating safe living conditions, ensuring access to essentials like food, water, and medical and dental care. "restore programs address the emotional and psychological needs of children through trauma care, support from psychologists and social workers, pastoral care, and prayer. "equip programs concentrate on education, technology training, vocational skills development, readiness for independent living, life skills, and achieving self-sustainability. By focusing on these pillars, and its collaborative approach with partner orphanages, hohi aims to elevate orphan care standards globally and empower facilities to provide comprehensive and lasting support to children in need. In 2024, hohi provided grants to seven partner homes in six countries: bolivia, peru, kenya, tanzania, trinidad and Florida, impacting 225+ children. Child of hope sponsorship program: orphan care training institute the orphan care training institute is transforming the standard of care for children who have endured abuse, neglect, abandonment, and exploitation. Our specialized training programs are designed to meet the complex needs of children from traumatic backgrounds. All programs are provided free of charge to children's homes and outreach ministries around the world. Through this program hohi brought training to global caregivers responsible for the care of 5,000+ children. Future of hope program overview the future of hope program equips older children in partner orphan care homes with the skills and support needed for independent adulthood. Through vocational training, life skills coaching, academic support, and scholarships, the program helps break the cycle of poverty and builds self-sufficiency. The goal of the prgram is to provide each transitioning student home psychologist/social workers, a personalized life plan with guidance from mentors and tutors, while supervised housing or host family arrangements offer a safe transition to independence. Areas of support: "vocational training - career-aligned training based on individual interests. "high school education - scholarships for students in countries where secondary education isn't publicly funded. "higher education - support for careers in nursing, tech, business, and more. In 2024, haven of hope international awarded scholarships to 47 young adults in bolivia, kenya, and tanzania

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.6%; rating input score 83
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $11.66 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Pass
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 97.9%; rating input score 98; 46th percentile among comparable filings
  • 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 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.8%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 22.4% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 22.9% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 26.5% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 82.6% of revenue deployed · 85% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $913K in reported program spending
  • Leadership: top reported pay $46K · 8 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 5 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: 3 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 55/100.