Bright Hope International
The information on this page was last updated 2/16/2024. If you see errors or omissions, please email: [email protected]
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
33 W. Higgins Rd
Ste. 620
South Barrington, IL 60010
Website: www.brighthope.org
Phone: (224) 520-6100
Email: [email protected]
Organization details
EIN: 237004991
CEO/President: C.H. Dyer
Chairman: Tammy Massey
Board size: 9
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
Bright Hope envisions a world where churches transform their communities by bringing Hope for today, tomorrow and eternity to the extreme, while becoming self-sustainable.
We have been engaging the local church in the fight against global poverty in slums and rural communities for over 50 years. Each community 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 infrastructure that, when engaged and carefully resourced, can transform the community with changed lives, hopeful people, and self-sustainability.
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, poverty level, ethnicity, gender or tribe.
Mission statement
To bring Hope to the extreme poor (those living on less than $2 a day).
Statement of faith
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 detailsTransparency grade
A
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Financial efficiency ratings
Sector: Relief and Development
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 758 of 1115 | 62 of 92 | |
Fund acquisition rating | 787 of 1116 | 61 of 92 | |
Resource allocation rating | 901 of 1116 | 78 of 92 | |
Asset utilization rating | 307 of 1115 | 31 of 92 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 9% | 13% | 11% | 10% | 11% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 9% | 9% | 11% | 10% | 11% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 99% | 68% | 94% | 98% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 9% | 11% | 11% | 10% | 9% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 1% | 32% | 6% | 2% | 1% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 78% | 76% | 74% | 76% | 74% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 104% | 83% | 99% | 95% | 115% |
Program output ratio Program output ratio = Program services / Total revenue | 83% | 82% | 63% | 73% | 73% | 85% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | -4% | 17% | 1% | 5% | -15% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | -9% | 41% | 2% | 17% | -63% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 13% | 13% | 15% | 14% | 16% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.46 | 1.99 | 1.88 | 2.10 | 2.38 | 3.60 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.22 | 1.07 | 1.00 | 3.15 | 2.93 | 9.06 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.85 | 2.12 | 1.88 | 6.63 | 6.98 | 32.65 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.06 | 17.06 | 19.95 | 4.50 | 9.33 | 1.79 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.06 | 0.05 | 0.22 | 0.11 | 0.56 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.10 | 5.33 | 6.08 | 1.41 | 1.53 | 0.16 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 11% | 5% | 22% | 32% | 26% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 15% | 28% | 19% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 62% | 45% | 51% | 37% | 29% | 21% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $997,374 | $1,189,505 | $306,297 | $370,344 | $73,201 |
Receivables, inventories, prepaids | $299,662 | $227,931 | $15,961 | $18,646 | $22,469 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $1,297,036 | $1,417,436 | $322,258 | $388,990 | $95,670 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $7,052 | $0 | $693,786 | $751,403 | $771,440 |
Other long-term assets | $78,053 | $0 | $0 | $0 | $0 |
Total long-term assets | $85,105 | $0 | $693,786 | $751,403 | $771,440 |
Total assets | $1,382,141 | $1,417,436 | $1,016,044 | $1,140,393 | $867,110 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $76,009 | $71,067 | $71,568 | $41,686 | $53,528 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $76,009 | $71,067 | $71,568 | $41,686 | $53,528 |
Debt | $0 | $0 | $148,231 | $319,061 | $169,061 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $79,048 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $79,048 | $0 | $148,231 | $319,061 | $169,061 |
Total liabilities | $155,057 | $71,067 | $219,799 | $360,747 | $222,589 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $815,954 | $1,182,582 | $720,806 | $632,163 | $325,398 |
With donor restrictions | $411,130 | $163,787 | $75,439 | $147,483 | $319,123 |
Net assets | $1,227,084 | $1,346,369 | $796,245 | $779,646 | $644,521 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $2,607,298 | $2,189,390 | $2,011,026 | $2,784,731 | $2,706,234 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $13,463 | $925,251 | ($1,450) | $0 | $0 |
Other revenue | $14,234 | $94,451 | $140,103 | $65,561 | $14,206 |
Total other revenue | $27,697 | $1,019,702 | $138,653 | $65,561 | $14,206 |
Total revenue | $2,634,995 | $3,209,092 | $2,149,679 | $2,850,292 | $2,720,440 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $2,150,465 | $2,032,249 | $1,576,958 | $2,073,434 | $2,322,600 |
Management and general | $364,631 | $339,813 | $330,177 | $369,238 | $510,912 |
Fundraising | $233,924 | $287,319 | $228,019 | $272,495 | $290,583 |
Total expenses | $2,749,020 | $2,659,381 | $2,135,154 | $2,715,167 | $3,124,095 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | ($114,025) | $549,711 | $14,525 | $135,125 | ($403,655) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($114,025) | $549,711 | $14,525 | $135,125 | ($403,655) |
Compensation
Name | Title | Compensation |
C H Dyer | President | $153,231 |
Compensation data as of: 6/30/2023
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 2/16/2024. To update the information below, please email: [email protected]
History
Bright Hope was founded as Missionary Enterprises by Dr. Kevin Dyer in 1968. The vision for this ministry grew out of his travels to Eastern Europe and the Soviet Union to help poor and persecuted believers.
In the 60's and 70's, Dr. Kevin Dyer made several trips each year taking money, food, medicines, Bibles, and Bible study books to poor believers who were suffering under harsh communist regimes. While he traveled to all the Eastern European countries, he had a particular concern for Romania, as there were hundreds of thousands of believers and the brutal treatment they received from Nicolai Ceauchescu touched his heart.
The primary goal of Bright 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 prison received financial help. Churches where pastors and elders were severely pressured were given special assistance. Missionary Enterprises provided funds to help persecuted 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 other countries. There were still millions of persecuted believers in China, Vietnam, Cuba and other countries.
In 1993, C.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.