Bright Hope International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/3/2022. To update the information in this column, please email: info@ministrywatch.com


Summary

Bright Hope unites Christ-followers from around the world to bring Hope and help to those living in some of the poorest places on Earth. Through our Hope for Today, Hope for Tomorrow, and Hope for Eternity ministry model, we can break the grip of generational poverty, and as we do, we see lives changed and our own hearts grow.


Contact information

Mailing address:
Bright Hope International
2060 Stonington Avenue
Hoffman Estates, IL 60169

Website: www.brighthope.org

Phone: (224) 520-6100

Email: Info@Brighthope.org


Organization details

EIN: 237004991

CEO/President: Mr. C.H. Dyer

Chairman: Rich Payne

Board size: 7

Founder: Dr. Kevin Dyer

Ruling year: 1969

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1994


Purpose

We have been engaging the local church around the world for more than 45 years in the global fight against extreme poverty in their communities. Each community within the countries we serve has its own unique needs. Yet, the one thing they all have in common is an established group of Christ followers. These churches provide an already existing infrastructure within rural areas and slum communities that has an established reputation, reach and influence. When properly engaged and carefully resourced, they become a well-run, accountable entity for holistic transformation.

Through our years of experience we have seen the church be courageous in loving those considered unlovable, be generous in times of crisis, and willing to help all peoples regardless of religion. We have found building into an already existing unit like the church is more effective in life transformation and helping lift the extreme poor out of their situation than trying to establish something new.


Mission statement

Bright Hope's mission is to bring Hope to those living on less than $2 a day. Bright Hope envisions a world where under-resourced, churches transform their communities by bringing Hope for today, tomorrow and eternity to the extreme, while becoming self-sustainable.


Statement of faith

At Bright Hope we believe in the power of a holistic approach and have a three-tiered development model centered around:

The Holy Scriptures of the Old and New Testament are the inspired Word of God, inerrant in the original documents and of final authority in all matters of faith and practice.

In one God, eternally existent in three Persons - Father, Son, and Holy Spirit.

In the full deity and perfect humanity of the Lord Jesus Christ, in His virgin birth, His impeccability, His representative and substitutionary sacrifice, His bodily resurrection, His ascension to the Father's right hand, His present high priestly ministry and His personal return in power and glory.

That regeneration by the Holy Spirit is absolutely necessary for the salvation of fallen, sinful, and lost humankind. Salvation is a free gift of God's grace received by personal faith through Jesus Christ.

In the present ministry of the Holy Spirit by whose indwelling the believer is sealed until the day of redemption and is empowered to live a godly life.

The Church is composed of all true believers in the Lord Jesus Christ. That these believers are united in Him and in one another by the indwelling Holy Spirit. The Church's chief functions are to glorify God and to witness for Christ until He returns. The local Church is composed of a group of believers in a specific locality who gather in Christ's name for breaking of bread, prayers, fellowship, and teaching.

In the resurrection of the saved and of the lost; of the saved to the resurrection of life, and of the lost, to the resurrection of judgment, eternal and conscious.

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating656 of 102258 of 85
Fund acquisition rating765 of 102465 of 85
Resource allocation rating858 of 102477 of 85
Asset utilization rating170 of 102218 of 85

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%10%11%8%2%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%10%11%8%2%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%95%98%99%99%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%10%9%8%3%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%5%2%1%1%0%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%75%74%76%91%91%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%95%115%93%97%107%
Program output ratio Program output ratio =
Program services /
Total revenue
79%72%84%70%88%98%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%5%-15%7%3%-7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%17%-63%20%21%-111%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%15%17%16%7%5%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.622.443.642.234.7010.42
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.252.939.062.753.478.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.367.1533.036.1616.3183.47
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.901.080.432.160.950.33
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.932.330.461.053.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.150.12-0.481.05-0.04-0.29
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
12%32%26%17%30%38%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
51%28%20%37%15%6%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$370,344$73,201$435,082$328,356$76,232
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$0$0$0$0$0
Other current assets$18,646$22,469$22,394$18,616$57,020
Total current assets$388,990$95,670$457,476$346,972$133,252
Long-term investments$0$0$0$0$0
Fixed assets$751,403$771,440$802,378$857,522$934,682
Other long-term assets$0$0$0$0$0
Total long-term assets$751,403$771,440$802,378$857,522$934,682
Total assets$1,140,393$867,110$1,259,854$1,204,494$1,067,934
 
Liabilities20202019201820172016
Payables and accrued expenses$360,747$222,589$211,678$365,861$401,401
Other current liabilities$0$0$0$0$0
Total current liabilities$360,747$222,589$211,678$365,861$401,401
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$360,747$222,589$211,678$365,861$401,401
 
Net assets20202019201820172016
Without donor restrictions$632,163$325,398$703,117$487,782$240,583
With donor restrictions$147,483$319,123$345,059$350,851$425,950
Net assets$779,646$644,521$1,048,176$838,633$666,533
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$2,784,731$2,706,234$2,981,426$5,781,055$10,333,480
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$0$0$0$0$0
Other revenue$133,081$49,960$43,885$50,429$49,827
Total other revenue$133,081$49,960$43,885$50,429$49,827
Total revenue$2,917,812$2,756,194$3,025,311$5,831,484$10,383,307
 
Expenses20202019201820172016
Program services$2,090,978$2,325,824$2,128,983$5,134,561$10,125,842
Management and general$412,490$539,710$456,134$382,420$536,546
Fundraising$279,219$294,315$230,651$142,403$460,782
Total expenses$2,782,687$3,159,849$2,815,768$5,659,384$11,123,170
 
Change in net assets20202019201820172016
Surplus (deficit)$135,125($403,655)$209,543$172,100($739,863)
Other changes in net assets$0$0$0$0$0
Total change in net assets$135,125($403,655)$209,543$172,100($739,863)

Compensation

NameTitleCompensation
CH DyerPresident, Board Chair$161,937

Compensation data as of: 6/30/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/3/2022. To update the information below, please email: info@ministrywatch.com


History

Bright Hope International was founded as Missionary Enterprises in 1968 by Dr. Kevin Dyer. The vision for this ministry grew out of his travels to Eastern Europe and the Soviet Union to help poor and persecuted believers.

The primary goal of Brght Hope in those early years was providing immediate help to those in crisis situations. The Lord blessed and developed the ministry for 20 years as the focus was on providing practical help to persecuted Christians. Hundreds of thousands of Bibles and Bible study books were purchased and delivered. Families with husbands and fathers in prision received financial help. Churches where pastors and elders were severely pressured were given special assistance. Missionary Enterprises provided funds to help perscuted Christians all across the world.

In 1989, the walls of communism in Central and Eastern Europe began to fall. Doors opened and people were set free. But Missionary Enterprises' vision was to continue to help those in need in those countries. There were still millions of persecuted believers in China, Vietnam, Cuba and other countries.

In 1993, Craig H. Dyer became President of Missionary Enterprises. C.H. brought a fresh passion and vision to minister to the world's poorest people. C.H. gave the ministry the new name of Bright Hope. He is determined to help those at the very bottom of the world's economic ladder by bringing them Hope through providing:

Immediate crisis needs such as food, clothing, medicines etc.

Job skills so people could produce a product and earn enough to break the bondage of poverty.

Funds to national evangelists so they could begin churches in poverty stricken areas.

Today Bright Hope helps thousands of the poorest families in the world break out of poverty and come to know the Lord Jesus as Savior.


Program accomplishments

Bright Hope By the Numbers in 2020

147,469 lives impacted

89,696 meals served

5,620 drinking clean water

2,732 received medical services


Needs

The communities Bright Hope serves are in a vicious cycle of poverty and crisis. We believe we need to avoid creating dependency and empower people to lift themselves out of physical, economic and spiritual poverty. We are asking you, our Allies in this fight against extreme poverty, to support our most urgent program needs to empower the poor for today, tomorrow and eternally.