World Hope Inc

What it reported doing in 2024

World hope's work in kenya, africa is a multi-faceted ministry and the largest of our centers around the globe. In november of 2000, world hope began building on an eight-acre piece of land in the middle of kawangware slum, east africa's second largest slum. The land was a garbage dump and had acquired the epithet, "hell's hole." this smoldering expanse of land was a lawless area where the worst imaginable often took place. Out of that barren place hope center has blossomed. On campus, hope church sees hundreds come to worship on sundays and be discipled throughout the week.across the dirt-paved street from the hope center is the hope academy, which is educating and feeding over 400 children daily. The hope academy, founded in 2002, has become the vehicle for hundreds of children to escape the cycle of poverty. Also located in kawangware, the school educates children from pre-school through the eleventh grade and has become a beacon of hope throughout the entire area. Every morning at hope academy children dressed in full uniform provided by world hope walk to school, some from as far away as three miles. At 10:00 am they break for a piece of bread and tea, and then again at 1:00 pm for lunch. For many of these children, this will be their only meal of the day.the children are educated by university-trained teachers and participate in the national testing service recognized throughout kenya. World hope believes that the way out of the slums is through education, and we are committed to bringing the best education possible to these children. In the last year, we have added a new building that now houses the high school for the hope academy which continues to make progress toward state-of-the-art learning materials and facilities. In addition, programs such as everlasting light, a therapy program for the highest risk students, are ensuring success on the emotional level as well.through our partnerships, hope center is home to one of the most successful sports ministries anywhere, with hundreds of young people participating in team sports that not only give them physical exercise and discipline, but also teach them about life.the hope center is changing so many lives that it is difficult to measure its impact. The effect is so far-reaching that its reputation is becoming known throughout the country of kenya. Other ministries are coming to see the great success that the lord has given to the project. As we continue to grow and expand, we praise the lord for what he has done and thank him for the many that have been given a new hope in him.

Financial Efficiency

• Mission deployment rate: 84.6%; rating input score 85
• Program expense ratio: 89.2%; rating input score 89
• Fundraising efficiency: $16.48 raised per $1 spent on fundraising; rating input score 53; 53rd 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: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
• Governance controls: 3 of 8 controls in place; rating input score 38
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 5.2%; rating input score 50; 50th percentile among comparable filings
• Total-asset coverage ratio: 0.59; rating input score 27; 27th percentile among comparable filings
• Liabilities to assets ratio: 0.61; rating input score 13; 13th percentile among comparable filings
• Officer compensation ratio: 20.8%; rating input score 14; 14th percentile among comparable filings

Growth

• Program expense growth: -4.4% per year; rating input score 0; 8th percentile among comparable filings
• Revenue growth: -7.8% per year; rating input score 0; 4th percentile among comparable filings
• Asset growth: -3.3% per year; rating input score 0; 9th percentile among comparable filings