New Hope International Ministries Inc
Nonprofit profile at a glance
- EIN
- 611401163
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990 2017, Form 990-EZ 2024
- Location
- Wilmore, KY, USA
- Phone
- 8598583511
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $79,287
- Expenses
- $84,407
- Assets
- $99,021
- Liabilities
- $1,175
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- ROY LAUTER (PRESIDENT)
- JOHN MORLEY (VICE PRESIDENT)
People named in this filing
- ROY LAUTER (PRESIDENT)
- MATT KINNELL (CHAIRMAN OF THE BOARD)
- JOHN MORLEY (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Short-term service and awareness trips, christian mission education, and support of international humanitarian projects and christian mission agencies. In 2024 new hope continued it involvement in working along side old churches in eastern ky that were no longer functioning and worked with them to renew their ministry. As part of this project we worked with bear pen workship center that served as a resource for needy famiilies in that area. We were especially involved in natural disaster relief across ky. We continued to send out service groups to work with local organizations.
What it reported doing in 2024
New hope international ministries (nhim) attempts to mobilize, channel, empower and develop resources and people to do god's work throughout the world. This past year nhim sent teams to serve in costa rica. Nhim additionally came alongside a church/ministry in campton, ky (bear pen worship center and abiding hope food bank) to provide resources to help meet the needs of families of the eastern Kentucky mountains. These volunteers served alongside local churches and other mission agencies in advancing the kingdom of god. The desire of new hope is to stand in the gap for the least of these and provide care and love.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 36
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -6.5%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 14.2%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: -6.4% per year; rating input score 0; 33rd percentile among comparable filings
- Revenue growth: -6.1% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: 0.1% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $84K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Officer compensation ratio scored 9/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.