Shared Hope International
The information on this page was last updated 10/9/2023. If you see errors or omissions, please email: [email protected]
Summary
Shared Hope International is dedicated to bringing an end to sex trafficking through our three-prong approach.
PREVENT - Through training, awareness, and collaboration, we seek to inspire creative prevention strategies.
RESTORE - Our strategic guidance and funding helps local organizations expand shelter and services for survivors.
BRING JUSTICE - Our justice initiatives accelerate legislative and policy solutions to combat injustice and protect victims.
Contact information
Mailing address:
Shared Hope International
PO Box 1907
Vancouver, WA 98668
Website: sharedhope.org
Phone: 1-866-437-5433
Email: [email protected]
Organization details
EIN: 911938635
CEO/President: Linda Smith
Chairman: Christine Harmon, MD
Board size: 10
Founder: Linda Smith
Ruling year: 1999
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2008
Purpose
Continuing our over 20 year history, Shared Hope International strives to prevent the conditions that foster sex trafficking, restore victims of sex slavery, and bring justice to vulnerable women and children. We envision a world passionately opposed to sex trafficking and a committed community restoring survivors to lives of purpose, value and choice - one life at a time. As Christian abolitionists we believe trafficking survivors deserve the opportunity to be restored to dignity and purpose, regardless of their faith or system of belief. As Christian stewards we prayerfully seek to use wisdom and Biblical guidance for every dollar we spend. As Christian leaders we seek to inspire change by informing and empowering activists, providing strategic guidance to local shelter and service partners, and influencing policy makers and first responders.
Mission statement
Shared Hope International strives to prevent the conditions that foster sex trafficking, restore victims of sex slavery, and bring justice to vulnerable women and children. We envision a world passionately opposed to sex trafficking and a community committed to restoring survivors to lives of purpose, value and choice - one life at a time.
Statement of faith
We believe the Bible to be inspired, the only infallible, authoritative Word of God.
We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit.
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe that for the salvation of lost and sinful man, regeneration by the Holy Spirit is absolutely essential.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
We believe in the spiritual unity of believers in our Lord Jesus Christ.
We believe that people of all faiths and no faith are precious to God and we are called to serve them without discrimination.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Advocacy
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 809 of 1118 | 28 of 40 | |
Fund acquisition rating | 658 of 1119 | 21 of 40 | |
Resource allocation rating | 441 of 1119 | 22 of 40 | |
Asset utilization rating | 976 of 1118 | 35 of 40 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 9% | 8% | 6% | 6% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 7% | 8% | 7% | 6% | 5% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 95% | 89% | 91% | 92% | 89% | 93% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 7% | 7% | 8% | 8% | 7% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 5% | 11% | 9% | 8% | 11% | 7% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 80% | 82% | 80% | 80% | 81% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 110% | 95% | 67% | 76% | 60% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 88% | 78% | 54% | 61% | 49% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | -10% | 5% | 33% | 24% | 40% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | -6% | 3% | 23% | 18% | 49% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 13% | 11% | 11% | 13% | 11% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.92 | 0.60 | 0.55 | 0.42 | 0.53 | 0.70 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.36 | 1.95 | 1.79 | 1.78 | 2.41 | 1.09 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.87 | 1.17 | 0.98 | 0.75 | 1.27 | 0.77 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.13 | 18.08 | 16.20 | 14.80 | 8.97 | 13.13 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.06 | 0.06 | 0.07 | 0.11 | 0.08 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.67 | 9.67 | 11.44 | 14.91 | 8.40 | 14.43 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 21% | 5% | 3% | 7% | 10% | 7% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 4% | 5% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 77% | 158% | 176% | 220% | 172% | 132% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $3,049,524 | $3,647,210 | $3,507,312 | $1,386,996 | $3,810,060 |
Receivables, inventories, prepaids | $377,695 | $272,072 | $486,956 | $954,073 | $302,301 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $3,427,219 | $3,919,282 | $3,994,268 | $2,341,069 | $4,112,361 |
Long-term investments | $4,562 | $5,552 | $5,655 | $7,173 | $7,173 |
Fixed assets | $401,602 | $412,661 | $435,726 | $678,743 | $375,227 |
Other long-term assets | $2,840,956 | $2,691,142 | $2,689,805 | $2,615,401 | $386 |
Total long-term assets | $3,247,120 | $3,109,355 | $3,131,186 | $3,301,317 | $382,786 |
Total assets | $6,674,339 | $7,028,637 | $7,125,454 | $5,642,386 | $4,495,147 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $173,297 | $205,772 | $215,855 | $233,831 | $150,263 |
Other current liabilities | $16,275 | $36,087 | $54,078 | $27,210 | $162,822 |
Total current liabilities | $189,572 | $241,859 | $269,933 | $261,041 | $313,085 |
Debt | $0 | $0 | $264,402 | $282,304 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $152,892 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $152,892 | $0 | $264,402 | $282,304 | $0 |
Total liabilities | $342,464 | $241,859 | $534,335 | $543,345 | $313,085 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $5,806,315 | $6,385,546 | $5,761,227 | $3,480,787 | $2,421,156 |
With donor restrictions | $525,560 | $401,232 | $829,892 | $1,618,254 | $1,760,906 |
Net assets | $6,331,875 | $6,786,778 | $6,591,119 | $5,099,041 | $4,182,062 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $3,240,550 | $3,680,110 | $4,147,800 | $3,455,172 | $4,850,449 |
Program service revenue | $413,114 | $371,362 | $38,678 | $416,256 | $381,159 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $1,757 | $463 | $255,234 | $5,743 | ($8,989) |
Other revenue | $1,813 | $2,382 | $50,526 | $10,768 | $0 |
Total other revenue | $416,684 | $374,207 | $344,438 | $432,767 | $372,170 |
Total revenue | $3,657,234 | $4,054,317 | $4,492,238 | $3,887,939 | $5,222,619 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $3,211,851 | $3,155,200 | $2,412,177 | $2,371,780 | $2,567,355 |
Management and general | $514,153 | $407,216 | $335,984 | $387,693 | $362,604 |
Fundraising | $291,838 | $296,139 | $250,250 | $211,499 | $228,952 |
Total expenses | $4,017,842 | $3,858,555 | $2,998,411 | $2,970,972 | $3,158,911 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | ($360,608) | $195,762 | $1,493,827 | $916,967 | $2,063,708 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($360,608) | $195,762 | $1,493,827 | $916,967 | $2,063,708 |
Compensation
Name | Title | Compensation |
Christine Raino | Sr Dir Pub Policy | $133,295 |
Linda A Smith | President | $124,529 |
Samantha Vardaman | VP Institute | $112,708 |
Rebecca Adams | Drctr of Acctg | $102,052 |
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 10/9/2023. To update the information below, please email: [email protected]
History
In 1998, while still a member of the U.S. Congress, Linda Smith traveled to Falkland Road in Mumbai, India-one of the worst brothel districts in the world. The hopeless faces of desperate women and children forced into prostitution compelled Linda to found Shared Hope International. SHI was established to support shelter and service creation for sex trafficking survivors using a comprehensive model for restoration.
Today, Shared Hope works to prevent sex trafficking through training, including our nationally renowned JuST Conference, and our volunteer training program, Ambassadors of Hope. Shared Hope's restoration initiatives support grant partners in 4 countries who work to serve and empower survivors of sex trafficking. And finally, Shared Hope is committed to bringing justice to perpetrators of sex trafficking, and to get justice for survivors.