Hope 4 Women International
Nonprofit profile at a glance
- EIN
- 461465421
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2013
- Location
- Forest City, IA, USA
- Phone
- 4806995418
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $243,642
- Expenses
- $224,499
- Assets
- $36,307
- Liabilities
- $9,707
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- LISA FOERSTER (VICE PRESIDENT)
- RACHEL CINADER (PRESIDENT CEO)
Highest reported compensation
- LISA FOERSTER (VICE PRESIDENT): $32,682 total reported compensation
- RACHEL CINADER (PRESIDENT CEO): $3,899 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
H4wi was formed for charitable and educational purposes to empower women in uganda and other countries who are suffering from poverty, disease, and low self-worth to become self-sufficient with businesses of their own. We raise the dignity of women through training classes in business management, english, budgeting, and ethics in business.
What it reported doing in 2024
During the year 1996, women benefited from the sponsorship list in the business programme, and their lives have not remained the same. Some were from 2023. Eighty-three to one hundred women received funds within the year from january to december. Others were spillovers of 2023. Ninety-nine women sent their updates within the year. Ninety-two women were recruited within the year to add to the others that were pending from the previous year, 2023. Ninety-two were also completed within the year. Ninety-four profiles were prepared and sent during the year. Sixty-two women received gifts up to november 2024. Different sponsors donated eleven sewing machines to different 11 women in the community during the year. This year we had six events of women spas at bunyinza, kirewa, well dedication, seaside, tuba, and mudodo adult class visitors day by teacher bonnie. Two women received cows from their sponsors awor doloraza agape in feb, and aketch margaret-ham in nov. Details are in the tables below and in the monthly reports attached. The dec 2024 financial report will be in january 2025.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 65
- Accountability: 60
- Sustainability: 34
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.5%; rating input score 81
- Program expense ratio: 87.4%; rating input score 87
- Fundraising efficiency: $24.29 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Limited
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 50%; rating input score 50; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 50%; rating input score 50; 16th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 7.9%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 16.3%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: -4.3% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: -0.6% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: 14.5% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 80.5% of revenue deployed · 87.4% of spending went to programs
- Governance: 2 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $196K in reported program spending
- Leadership: top reported pay $33K · 4 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 7 filed schedules · includes major donors and foreign activity
- Filing history: 10 filing years from 2014 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Review — Accountability: Independent voting board scored 50/100.
- Review — Transparency & Controls: Grant itemization coverage scored 50/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Operating margin scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 23/100.