OneHope, Inc. 
The information on this page was last updated 5/29/2023. 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: Dale Berkey
Board size: 12
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
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 724 of 1106 | 91 of 144 |
| Fund acquisition rating | | 455 of 1107 | 65 of 144 |
| Resource allocation rating | | 588 of 1107 | 72 of 144 |
| Asset utilization rating | | 906 of 1106 | 108 of 144 |
Financial ratios
| Funding ratios | Sector median | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 91% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 9% |
| Operating ratios | Sector median | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 90% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 76% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 10% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 11% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 8% | 11% |
| Investing ratios | Sector median | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.33 | 0.92 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 1.73 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.02 | 1.58 |
| Liquidity ratios | Sector median | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 19.87 | 10.48 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.10 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.62 | 6.86 |
| Solvency ratios | Sector median | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 6% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 67% | 103% |
Financials
| Balance sheet | |
| Assets | 2021 |
| 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 |
| Liabilities | 2021 |
| 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 assets | 2021 |
| Without donor restrictions | $44,153,263 |
| With donor restrictions | $3,273,730 |
| Net assets | $47,426,993 |
| Revenues and expenses | |
| Revenue | 2021 |
| 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 |
| Expenses | 2021 |
| Program services | $38,770,045 |
| Management and general | $4,992,994 |
| Fundraising | $2,282,310 |
| Total expenses | $46,045,349 |
| Change in net assets | 2021 |
| 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 5/29/2023. To update the information below, please email: [email protected]
History
Program accomplishments
2022 Year in Review
Highlights of reaching 139 million children and youth with God's Word!
60 new translations of existing Scripture programs
70 new programs released or piloted in 2022
More than 72,000 ministry leaders trained