Bright Hope International

Summary

Bright Hope brings Hope to the extreme poor - those living on less than $2 a day. Bright Hope envisions a world where under-resourced, indigenous churches transform their communities and bring Hope to the extreme poor. Local indigenous church partnerships are central to their model. They empower the local churches to fight poverty in their own communities. Bright Hope is partnering with 650 indigenous churches in five countries. Bright Hope brings holistic care to 73 projects in three ways: Hope for Today: in the form of food, clothing, medicine and education. Hope for Tomorrow: in the form of economic empowerment projects, using job skills training and micro-lending so people can raise their incomes above $1 a day and become self-sustainable. Hope for Eternity: is found by leading the poor who desire to know Jesus Christ into a powerful and rich relationship with Him. Discipling involves teaching new believers how life in Christ can transform their lives on earth and for eternity.


Contact information

Mailing address:
2060 Stonington Avenue, Ste 100
Hoffman Estates, IL 60169-0169

Website: www.brighthope.org

Phone: (224) 520-6100

Email: Info@Brighthope.org


Organization details

EIN: 237004991

CEO/President: Mr. C.H. Dyer

Chairman: Ken Bodel

Board size: 7

Founder: Dr. Kevin Dyer

Year founded: 1968

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1994


Purpose

A foundational reason Bright Hope was formed over 50 years ago and why it exists today is rooted in Scripture. Bright Hope exists because the Word of God instructs us to help the poor and those in need. The founding verse of Bright Hope is derived from Isaiah 58:10, which states: "Feed the hungry and help those in trouble. Then your light will shine out of the darkness, and the darkness around you will be as bright as noon."


Mission statement

Bringing Hope to those living on less than $2 a day.


Statement of faith

Bright Hope communicates its Statement of Faith as follows:

We believe ...

I.The Holy Scriptures of the Old and New Testaments are the inspired Word of God, inerrant in the original documents and of final authority in all matters of faith and practice.

II.In one God, eternally existent in three Persons -- Father, Son, and Holy Spirit.

III.In the full deity and perfect humanity of our 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.

IV.That regeneration by the Holy Spirit is absolutely necessary for the salvation of fallen, sinful, and lost mankind. Salvation is a free gift of God's grace received by personal faith through Jesus Christ.

V.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.

VI.The church is composed of all true believers in the Lord Jesus Christ. These believers are united to Him and to one another by the indwelling 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.

VII.We believe 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 judgement, eternal and conscious.

Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating26 of 42311 of 60
Fund acquisition rating77 of 42318 of 60
Resource allocation rating62 of 42325 of 60
Asset utilization rating17 of 4236 of 60

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%2%4%7%5%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%2%4%7%5%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%99%100%99%100%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%4%7%5%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%1%0%1%0%2%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%91%91%89%86%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%97%107%103%100%98%
Program output ratio Program output ratio =
Program services /
Total revenue
81%88%98%91%86%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%3%-7%-3%0%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%21%-111%-20%1%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%7%5%5%9%7%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.304.7010.427.693.843.43
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.543.478.013.292.342.48
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.5416.3183.4725.318.978.50
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.960.950.335.2416.4511.18
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.111.053.010.190.060.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.07-0.04-0.290.381.261.29
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%30%38%6%3%4%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%15%6%12%25%28%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$328,356$76,232$345,091$651,495$673,542
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$0$0$0$0$0
Other current assets$18,616$57,020$108,407$89,206$28,131
Total current assets$346,972$133,252$453,498$740,701$701,673
Long-term investments$0$0$0$0$0
Fixed assets$857,522$934,682$1,039,395$991,045$1,037,105
Other long-term assets$0$0$0$0$0
Total long-term assets$857,522$934,682$1,039,395$991,045$1,037,105
Total assets$1,204,494$1,067,934$1,492,893$1,731,746$1,738,778
 
Liabilities20172016201520142013
Payables and accrued expenses$365,861$401,401$86,497$45,037$62,741
Other current liabilities$0$0$0$0$0
Total current liabilities$365,861$401,401$86,497$45,037$62,741
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$365,861$401,401$86,497$45,037$62,741
 
Net assets20172016201520142013
Unrestricted$487,782$240,583$702,180$1,025,585$1,268,055
Temporarily restricted$350,851$425,950$704,216$661,124$407,982
Permanently restricted$0$0$0$0$0
Net assets$838,633$666,533$1,406,396$1,686,709$1,676,037
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$5,781,055$10,333,480$11,089,859$6,649,392$5,926,194
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$0$0$0$593$754
Other revenue$50,429$49,827$107,030$2,300$138,516
Total other revenue$50,429$49,827$107,030$2,893$139,270
Total revenue$5,831,484$10,383,307$11,196,889$6,652,285$6,065,464
 
Expenses20172016201520142013
Program services$5,134,561$10,125,842$10,177,689$5,712,802$5,221,473
Management and general$382,420$536,546$542,677$606,188$405,896
Fundraising$142,403$460,782$756,836$322,623$333,645
Total expenses$5,659,384$11,123,170$11,477,202$6,641,613$5,961,014
 
Change in net assets20172016201520142013
Surplus (deficit)$172,100($739,863)($280,313)$10,672$104,450
Other changes in net assets$0$0$0$0$0
Total change in net assets$172,100($739,863)($280,313)$10,672$104,450

Response from ministry

No response has been provided by this ministry.


History

Bright Hope International was founded as Missionary Enterprises in 1968 by Dr. Kevin Dyer. The vision for this ministry grew out of his travels to Eastern Europe and the Soviet Union to help poor and persecuted believers. The primary goal of Brght 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 prision received financial help. Churches where pastors and elders were severely pressured were given special assistance. Missionary Enterprises provided funds to help perscuted 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 those countries. There were still millions of persecuted believers in China, Vietnam, Cuba and other countries. In 1993, Craig H. Dyer became President of Bright Hope, and with him came a passion and vision for ministering to the world's poorest people. Bright Hope has since expanded its projects expansively to reach the extreme poor in nine countries across the world.


Program accomplishments

See www.BrightHope.org for full details on current projects.

Bright Hope praises God for the following accomplishments in 2017:

  • 73 Projects
  • 650 Churches
  • 80,000 Lives impacted
  • 429,466 meals distributed
  • 39,816 medical care received
  • 4,105 clean water given
  • 1,612 microloans distributed
  • 1,651 school scholarships received
  • 688 pastors supported


Ministry to the following five countries: Bolivia, Haiti, Kenya, Peru, Uganda and Zambia.

Through the grace of God and generosity there is Hope - Hope for Today, Hope for Tomorrow, and Hope for Eternity.

Needs

Please take our assessment, sign up to pray for the poor, or buy a Bible or food for a needy child.