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HOPE HAVEN CHARITABLE TRUST

aka Hope Haven Rwanda   |   Sedalia, CO   |  https://hopehavenrwanda.org
GuideStar Charity Check

HOPE HAVEN CHARITABLE TRUST

EIN: 45-3066179


Mission

Hope Haven Rwanda is transforming Rwandan families through a holistic approach to education and discipleship, actively demonstrating the love, hope, and truth of Jesus Christ.

Ruling year info

2012

Founder and President

Susan Hollern

Main address

2417 N Perry Park Road

Sedalia, CO 80135 USA

Show more contact info

EIN

45-3066179

Subject area info

Elementary and secondary education

Population served info

Children and youth

NTEE code info

Elementary, Secondary Ed (B20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

After a trip to Rwanda in 2009, Hope Haven Rwanda's founder, Susan Hollern, was compelled to educate and spread the love of Jesus Christ to one of the most vulnerable areas in Kigali, Rwanda. After the genocide in Rwanda, there was a need for a better education system for the children in Rwanda. Susan activated a plan to equip and serve families and youth through education and agriculture.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Christ Centered Education

Hope Haven is a school that provides an outstanding education for students and cultivates God-given purposes for families.

Population(s) Served
Children and youth

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Hope Haven Rwanda's goal is to transform Rwandan families through a holistic approach to education and discipleship, actively demonstrating the love, hope, and truth of Jesus Christ. We believe that our investment in each individual child and family flows into the neighborhood and eventually transforms the nation.

Hope Haven Rwanda uses a combination of East African and McGraw Hill curriculum to teach children how to think and discover, rather than rote memorization. Local teachers who have been trained by qualified volunteers from the USA teach Hope Haven classes.
An incredible team of technology philanthropists and volunteers have come together to integrate technology with the curriculum. Projectors have been added to classrooms and document readers are in regular use. All levels of our school have access to our Technology Program. The students utilize Dell laptops and each has their own computer to learn on while in class.
All Hope Haven students are served a morning meal of nutritious porridge. All who stay for afternoon classes are also fed a healthy lunch of rice, beans, and vegetables. Hope Haven's rigorous health and hygiene training has dramatically improved the issues of chiggers and poor personal hygiene in the entire community. Families now understand the importance of cleaning themselves properly to avoid infections and parasites, and to protect their health.

Hope Haven has a qualified volunteer force who works with the teachers on how to better educate the students and their families. We also have volunteer medical teams that visit the campus to treat and teach the families. Through generous donations, we have a Technology Program that all students have access to. We believe that the family is an essential component for each student's motivation, vision, education, emotions, and nutrition. Each family must pay a small amount to have their child attend school at Hope Haven. To help make this possible, we provide jobs on campus. Parents are also offered training in the form of Savings Groups and Men of Hope Discipleship. We have also dedicated several acres of our campus to agriculture. Local workers earn an income while also learning modern, marketable farming skills.

When Hope Haven Rwanda began nine years ago under an acacia tree, the dream to build a primary school in the community was just coming true. Since 2012, we have successfully added one grade level each year and are now providing academic instruction to students through Senior 2 (8th grade). Hope Haven is now positioned to expand their programs and to provide education for all students through high school graduation.

In January 2021 ground was broken on the newly acquired 9 acres of land adjacent to the current campus to build a secondary school with boarding facilities and athletic fields. When the secondary school is complete, the two schools will have a total of 94,500 square feet of classrooms, kitchens, libraries, science labs and guest housing. Additionally, there will be 45,000 square feet for student dormitory space.

This remarkable school is creating a social and educational context, where impoverished Rwandan children can grow into Christian world leaders and job creators.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us

  • What challenges does the organization face when collecting feedback?

    It is difficult to get honest feedback from the people we serve, It is difficult to identify actionable feedback

Financials

HOPE HAVEN CHARITABLE TRUST
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 HHR 2022 FS 2022 2021 2020 2019 2017 HHR Audit 2017.pdf
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

20.85

Average of 35.39 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

3.4

Average of 8.6 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

12%

Average of 11% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

HOPE HAVEN CHARITABLE TRUST

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

HOPE HAVEN CHARITABLE TRUST

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

HOPE HAVEN CHARITABLE TRUST

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of HOPE HAVEN CHARITABLE TRUST’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $1,628,936 $760,970 $68,209 $1,178,504 $8,306,014
As % of expenses 114.8% 50.4% 6.3% 39.7% 92.1%
Unrestricted surplus (deficit) after depreciation $1,627,736 $756,120 $66,459 $1,176,562 $8,303,185
As % of expenses 114.6% 49.9% 6.1% 39.6% 92.0%
Revenue composition info
Total revenue (unrestricted & restricted) $1,087,099 $2,277,544 $2,788,275 $6,965,339 $4,395,195
Total revenue, % change over prior year -33.0% 109.5% 22.4% 149.8% -36.9%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.1% 0.1% 0.1% 0.0% 0.1%
Government grants 0.0% 0.0% 1.7% 0.8% 0.0%
All other grants and contributions 99.4% 101.1% 98.2% 98.7% 99.1%
Other revenue 0.5% -1.2% 0.1% 0.4% 0.7%
Expense composition info
Total expenses before depreciation $1,419,239 $1,510,122 $1,086,122 $2,968,472 $9,017,874
Total expenses, % change over prior year 64.3% 6.4% -28.1% 173.3% 203.8%
Personnel 18.7% 18.2% 30.5% 12.9% 5.3%
Professional fees 8.7% 5.9% 8.4% 3.2% 1.5%
Occupancy 0.0% 0.0% 0.1% 0.1% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 64.9% 63.1% 51.1% 76.7% 90.5%
All other expenses 7.7% 12.8% 9.9% 7.2% 2.7%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,420,439 $1,514,972 $1,087,872 $2,970,414 $9,020,703
One month of savings $118,270 $125,844 $90,510 $247,373 $751,490
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $24,250 $0 $0 $2,473 $0
Total full costs (estimated) $1,562,959 $1,640,816 $1,178,382 $3,220,260 $9,772,193

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 5.9 5.1 24.4 22.7 3.4
Months of cash and investments 24.9 26.3 55.2 42.6 17.9
Months of estimated liquid unrestricted net assets 17.5 22.6 32.1 16.5 16.5
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $696,701 $647,849 $2,205,858 $5,623,072 $2,533,071
Investments $2,250,455 $2,660,959 $2,793,915 $4,906,690 $10,900,634
Receivables $3,060 $788,071 $870,055 $675,750 $258,132
Gross land, buildings, equipment (LBE) $24,250 $8,750 $8,750 $11,223 $13,173
Accumulated depreciation (as a % of LBE) 4.9% 25.7% 45.7% 53.0% 66.6%
Liabilities (as a % of assets) 1.9% 1.6% 1.9% 0.9% 0.9%
Unrestricted net assets $2,091,447 $2,847,567 $2,914,026 $4,090,588 $12,393,773
Temporarily restricted net assets $829,701 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $829,701 $1,213,051 $2,871,572 $7,362,091 $1,194,903
Total net assets $2,921,148 $4,060,618 $5,785,598 $11,452,679 $13,588,676

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Founder and President

Susan Hollern

Number of employees

Source: IRS Form 990

HOPE HAVEN CHARITABLE TRUST

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

HOPE HAVEN CHARITABLE TRUST

Board of directors
as of 01/18/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Natasha Harris

Kevin Hollern

John DeYoung

Kim Collins

Austin Van Wyk

Scott Whitefoot

Shelene Bryan

Susan Hollern

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes