Public Charity

NEW HOPE INITIATIVE INC

Based in Kingwood, TX, NEW HOPE INITIATIVE INC operates as a Public Charity. The organization reported $1.2M in revenue, $1.2M in expenses, $140K in total assets for fiscal year 2024. Imperigo tracks 19 reported grant relationships connected to this organization totaling approximately $288K.

EIN: 273984784 Kingwood, TX Latest filing: 2024
Total Revenue$1.2M
Total Expenses$1.2M
Total Assets$140K
Grant Records19
Funding Total$288K
Filing Years2020–2024

Mission

As a Christian ministry, establish feeding centers, schools, medical clinics and orphanages in various foreign countries to provide food, education, and medical support to indigent children and their families.

Officers & Directors

Secretary Cheryl Wood
Board Member Christi Davis
Board Member David Belk
Board Member Dr Robert Byemba
Board Member Gerard Monsivaiz
Chair James Wagstaff

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$148,350 9 grants
LIBRARIES
$40,000 1 grant
GENERAL OPERATING SUPPORT
$25,000 1 grant
PUBLIC, SOCIETAL BENEFIT
$22,000 2 grants
GENERAL SUPPORT
$21,346 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.2M $1.2M $140K
2023 $1.2M $1.6M $144K
2022 $1.1M $1.2M $513K
2021 $1.1M $911K $581K
2020 $1.5M $1.1M $720K

Between 2020 and 2024, reported annual revenue declined from $1.5M to $1.2M (-24%), with total assets most recently reported at $140K.

Interactive year-over-year charts and full filing details available with membership.

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