Compassionate Hope Foundation 
The information on this page was last updated 3/20/2023. If you see errors or omissions, please email: [email protected]
Summary
Compassionate Hope is a global charitable organization providing hope and a future to victims and potential victims of human trafficking and religious persecution in Southeast Asia.
Contact information
Mailing address:
Compassionate Hope Foundation
111 GLORYLAND LANE
ANTIOCH, TN 37013
Website: compassionatehope.org
Phone:
Email: [email protected]
Organization details
EIN: 274431021
CEO/President: Al Henson
Chairman: Al Henson
Board size: 7
Founder: Al Henson
Ruling year: 2012
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2020
Purpose
We believe the Bible to be the inspired, the only infallible, the authoritative Word of God.
Mission statement
Compassionate Hope is a global charitable organization focused on providing hope and a future to victims and potential victims of human trafficking and religious persecution in Southeast Asia.
We serve "the least of these"-children who are vulnerable to human trafficking and sexual exploitation.
We provide loving homes in which "at risk" children's needs are met: physical, emotional, educational, vocational, social, and spiritual. Our commitment to our children is to help them receive education and training through university, Bible college, or vocational training-thus, ending the cycle of poverty in a family that too often leads to human trafficking.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 148 of 1106 | 16 of 144 |
| Fund acquisition rating | | 73 of 1107 | 8 of 144 |
| Resource allocation rating | | 216 of 1107 | 29 of 144 |
| Asset utilization rating | | 601 of 1106 | 70 of 144 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 0% | 1% | 7% | 2% | 2% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 0% | 1% | 6% | 2% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 100% | 82% | 87% | 89% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 0% | 1% | 7% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 0% | 18% | 13% | 11% | 0% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 92% | 87% | 78% | 82% | 94% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 80% | 81% | 85% | 85% | 115% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 73% | 70% | 66% | 70% | 108% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 20% | 19% | 15% | 15% | -15% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 33% | 41% | 38% | 53% | -53% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 8% | 7% | 13% | 15% | 16% | 5% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.33 | 1.26 | 1.66 | 1.96 | 2.86 | 4.10 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 1.00 | 1.01 | 1.01 | 1.02 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.02 | 1.27 | 1.67 | 1.97 | 2.90 | 4.11 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 19.87 | 354.46 | 20.56 | 15.72 | 19.57 | 91.81 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.00 | 0.05 | 0.06 | 0.05 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.62 | 9.45 | 6.85 | 5.69 | 3.92 | 2.89 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 0% | 5% | 6% | 5% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 67% | 79% | 57% | 48% | 33% | 24% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $2,109,631 | $2,010,998 | $1,159,332 | $709,936 | $325,730 |
| Receivables, inventories, prepaids | $17,152 | $53,010 | $15,579 | $35,693 | $512 |
| Short-term investments | $0 | $0 | $55,092 | $0 | $16,563 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,126,783 | $2,064,008 | $1,230,003 | $745,629 | $342,805 |
| Long-term investments | $0 | $0 | $0 | $0 | $1,100 |
| Fixed assets | $8,190 | $13,122 | $11,050 | $11,692 | $0 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $8,190 | $13,122 | $11,050 | $11,692 | $1,100 |
| Total assets | $2,134,973 | $2,077,130 | $1,241,053 | $757,321 | $343,905 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $6,000 | $87,990 | $68,982 | $37,103 | $3,734 |
| Other current liabilities | $0 | $12,417 | $9,250 | $1,000 | $0 |
| Total current liabilities | $6,000 | $100,407 | $78,232 | $38,103 | $3,734 |
| 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 | $6,000 | $100,407 | $78,232 | $38,103 | $3,734 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $120,493 | $612,069 | $1,096,436 | $683,900 | $235,763 |
| With donor restrictions | $2,008,480 | $1,364,654 | $66,385 | $35,318 | $104,408 |
| Net assets | $2,128,973 | $1,976,723 | $1,162,821 | $719,218 | $340,171 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $3,382,929 | $3,471,038 | $2,504,562 | $2,254,654 | $1,230,549 |
| Program service revenue | $0 | $784,233 | $354,498 | $229,919 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $4,124 | $850 | $48 | $3 | $8 |
| Other revenue | $0 | $0 | $12,711 | $58,760 | $0 |
| Total other revenue | $4,124 | $785,083 | $367,257 | $288,682 | $8 |
| Total revenue | $3,387,053 | $4,256,121 | $2,871,819 | $2,543,336 | $1,230,557 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $2,486,707 | $2,985,952 | $1,902,199 | $1,775,562 | $1,325,259 |
| Management and general | $196,675 | $434,514 | $353,832 | $349,808 | $63,854 |
| Fundraising | $10,758 | $21,752 | $172,186 | $38,919 | $21,178 |
| Total expenses | $2,694,140 | $3,442,218 | $2,428,217 | $2,164,289 | $1,410,291 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $692,913 | $813,903 | $443,602 | $379,047 | ($179,734) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $692,913 | $813,903 | $443,602 | $379,047 | ($179,734) |
Compensation
| Name | Title | Compensation |
| Al Henson | President | $135,000 |
| Catherine Doyle | Treasurer | $13,500 |
Compensation data as of: 12/31/2022
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 3/20/2023. To update the information below, please email: [email protected]
History
Program accomplishments
Our 55+ Homes of Hope in Southeast Asia welcome these children into a loving, family environment where their physical, spiritual, emotional, educational, and vocational needs are met