OneHope, Inc.

The information on this page was last updated 9/19/2022. If you see errors or omissions, please email: [email protected]


Summary

We believe the life-changing narrative of the Good News brings hope and has the power to affect destinies.

While many of our incredible partners strive to provide children around the world with much-needed tangible resources such as food, water, and clothing, we feel called to devote all of our resources to providing children and youth with relevant Gospel messages. Relief efforts may only provide temporary aid while God's Word has the power to bring eternal life change in addition to a fulfilling life on earth.


Contact information

Mailing address:
OneHope, Inc.
600 SW 3rd St
Pompano Beach, FL 33060

Website: onehope.net

Phone: 800-448-2425

Email: [email protected]


Organization details

EIN: 650246247

CEO/President: Rob Hoskins

Chairman:

Board size: 16

Founder: Bob Hoskins

Ruling year: 1991

Tax deductible: Yes

Fiscal year end:

Member of ECFA: Yes

Member of ECFA since: 2000


Purpose

Vision 2030: We have a plan to reach every young person, in every nation, with a relevant Gospel message by the year 2030. We also plan to implement a strategy to reach subsequent generations every 15 years thereafter.


Mission statement

Our mission is to affect destiny by providing God's eternal Word to all the children and youth of the world.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating611 of 103471 of 124
Fund acquisition rating520 of 103663 of 124
Resource allocation rating507 of 103659 of 124
Asset utilization rating695 of 103483 of 124

Financial ratios

Funding ratiosSector median2021
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%91%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%9%
 
Operating ratiosSector median2021
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%90%
Program output ratio Program output ratio =
Program services /
Total revenue
77%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%11%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%11%
 
Investing ratiosSector median2021
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.140.92
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.73
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.631.58
 
Liquidity ratiosSector median2021
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.9810.48
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.706.86
 
Solvency ratiosSector median2021
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%6%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%103%

Financials

Balance sheet
 
Assets2021
Cash$21,946,076
Receivables, inventories, prepaids$848,673
Short-term investments$6,288,734
Other current assets$0
Total current assets$29,083,483
Long-term investments$7,519,114
Fixed assets$13,591,162
Other long-term assets$93,789
Total long-term assets$21,204,065
Total assets$50,287,548
 
Liabilities2021
Payables and accrued expenses$2,524,755
Other current liabilities$250,709
Total current liabilities$2,775,464
Debt$0
Due to (from) affiliates$0
Other long-term liabilities$85,091
Total long-term liabilities$85,091
Total liabilities$2,860,555
 
Net assets2021
Without donor restrictions$44,153,263
With donor restrictions$3,273,730
Net assets$47,426,993
 
Revenues and expenses
 
Revenue2021
Total contributions$46,887,736
Program service revenue$1,829,515
Membership dues$0
Investment income$1,365,213
Other revenue$1,251,262
Total other revenue$4,445,990
Total revenue$51,333,726
 
Expenses2021
Program services$38,770,045
Management and general$4,992,994
Fundraising$2,282,310
Total expenses$46,045,349
 
Change in net assets2021
Surplus (deficit)$5,288,377
Other changes in net assets$0
Total change in net assets$5,288,377

Compensation

Compensation data for this ministry has not been collected.


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 9/19/2022. To update the information below, please email: [email protected]


History


Program accomplishments

1.8 billion children and youth reached
177 different languages
118 active countries
316 active programs


Needs