Hope Ventures Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
We train organizations around the world to raise up thriving businesses in undeserved communities.
- Income
- $216,685
- Spending
- $286,076
- Spent on programs
- 76%
- Reserves
- 3.2 months of spending
- Largest source of income
- donations and private grants, 78%
- Employees
- 4
- Volunteers
- 30
- Highest pay
- $75,000, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 60 out of 100. Higher than 34% of charities in its peer group (human services, under $250k).
Reserves
20 of 35Spendable reserves would cover 3.2 months of spending.
Debt
20 of 20It owes 10% of what it owns.
Living within its means
0 of 15Spending exceeded income by 32% of income.
Income trend
5 of 15Income fell 18% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 14 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 91% of charities in its peer group (human services, under $250k).
Independent board
25 of 257 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $217,993 spent. Entrepreneurship Training Program(1) Quito Entrepreneur Project Provided continued support for economic development efforts in impoverished communities in Ecuador through a locally led business program and small farming initiatives for 135 participants. Ongoing involvement includes coaching, consulting, and monitoring of impact outcomes.(2) Haiti Entrepreneur Project provide the project director with periodic coaching, consultation, and monitor a virtual business program serving communities in Port-au-Prince. The activities have been minimized due to civil unrest and gang violence in the area, but maintains a connection with over 20 entrepreneurs. (3) Malawi Entrepreneur Project Facilitated business training for 40 entrepreneurs at the Hope Business Hub. Launched a formal Business Association and implemented structured coaching for entrepreneur growth and collaboration.(4) Manila Entrepreneur Project Launched a business incubator program in partnership with local leaders to serve entrepreneurs in vulnerable communities. The pilot cohort includes 18 entrepreneurs and 12 mentors receiving tailored training and support.(5) Zimbabwe Entrepreneur Project Provided ongoing support for Business Savings Groups to equip underserved entrepreneurs with training, mentoring, and access to capital in collaboration with local partners. 40 people were enrolled in the program by the end of 2024.(6) Sierra Leone Entrepreneur Project Helped launch a foundational entrepreneur training program in Freetown in partnership with a local organization, equipping 25 aspiring entrepreneurs with the tools to start and grow businesses.(7) South LA Entrepreneur Project Previously supported a business incubator serving underserved communities in South Los Angeles through a local partner. No direct involvement during this reporting period; the program operates independently.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.