EIN 27-0863959

The Hope Venture

IRS 501(c) type
501(c)(3)
Num. employees
10
Year formed
2009
Most recent tax filings
2023-12-01
Description
The Hope Venture brings education and health projects to the world's most disadvantaged, supplying backpacks and supporting high school students.
Total revenues
$1,500,776
2023
Total expenses
$1,462,506
2023
Total assets
$506,543
2023
Num. employees
10
2023

Program areas at The Hope Venture

Students: The Hope Venture finished 2023 by supporting 661 total students with their education, in sub-saharan africa and south asia. This project primarily helps high school students in kenya, where The dropout rate by high school is nearly 60%. In addition to that, this project also sponsors a few students in uganda, as well as helps scholarship students in kenya, rwanda, and south asia
Education supplies: in 2023 The Hope Venture helped 7,720 children have The supplies they needed for a year of schooling through our backpack project in south asia. These children come from incredibly poor backgrounds where many of The families have never received such a gift and where there is little money leftover for school supplies. In addition, our supplies included uniforms for high school students in uganda.
Centers: in 2023, The Hope Venture was able to provide an organization named "home of Hope" additional funding in order for them to continue their construction of a nursing college. There are many needs The organization has providing for The physically disabled and homeless. One of them being The requirement of medical care. The nursing college is being built in order to help meet those needs. We also provided funds to an organization in uganda to help in The construction of a pregnancy clinic. The clinic will provide safe pregnancy care and delivery for women in need.
Form 990, part iii, line 4d: breakdown of other program services: education skills: $24,272; education centers: $59,339; food: $84,050; water: $11,823; misc aid $3,457; field coord: $11,346; misc program expenses as outlined in form 990 part ix, column b: $232,402

Who funds The Hope Venture

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$374,880
National Philanthropic TrustInternational$26,800
Bill and Elaine Biggs FoundationSupport Organization$20,000
...and 5 more grants received

Personnel at The Hope Venture

NameTitleCompensation
Cynci PetersenExecutive Director
James PeregrineProject Director
Josh PetersenHub Director
Cynthia PetersenPast Director$38,333
Ben CohoonSecretary$0
...and 6 more key personnel

Financials for The Hope Venture

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,546,406
Program services$0
Investment income and dividends$15,780
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-61,410
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,500,776

Form 990s for The Hope Venture

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-25990View PDF
2022-122023-05-12990View PDF
2021-122022-05-13990View PDF
2020-122021-05-26990View PDF
2019-122021-04-19990View PDF
...and 10 more Form 990s

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OrganizationLocationRevenue
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Seed EffectDallas, TX$2,511,172
American Friends of GeorgiaTruro, MA$424,559
Flint Global PartnersCookeville, TN$949,716
Schools for SaloneSeattle, WA$596,125
i-ACTRedondo Beach, CA$989,727
Partners in Sustainable Development InternationalColumbia, MO$407,548
AgrosSeattle, WA$4,954,613
Friends of MatenwaCambridge, MA$1,057,108
Attack PovertyStafford, TX$1,787,446
Data update history
October 23, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $2,000 from Bettenhausen Family Foundation
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 6 new personnel
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $11,000 from Nebraska Community Foundation (NCF)
Nonprofit Types
Social advocacy organizationsInternational-focused organizationsCharities
Issues
Foreign affairsInternational development
Characteristics
Fundraising eventsPeer-to-peer fundraisingOperates internationallyFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
315 S 9th St Ste 200
Lincoln, NE 68508
Metro area
Lincoln, NE
County
Lancaster County, NE
Website URL
thehopeventure.org/ 
Phone
(402) 802-8296
IRS details
EIN
27-0863959
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q30: International Development, Relief Services
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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