Texas · Nonprofit
NEW HOPE INITIATIVE INC
NEW HOPE INITIATIVE INC (Texas) receives grants from 14 organizations whose IRS filings report $303,364 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($159,850). 3 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $1.2M
- Funders on record
- 14
- Grants received
- $303k
- Net assets
- $140k
What New Hope Initiative Inc does
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.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported starting a significant new program.
New Project - Nepal - Focus on Human Trafficking
Its own explanation, from Schedule O of that return (Part III, line 2).
Kibera Slum in Nairobi, Kenya. NHI provides funds to: 1. New Hope Academy: NHI grants cover the entire operating cost of a full scholarship academy (400+ students pre-K thru grade 8) including facilities, teachers, staff, supplies, and two meals / day for the students 2. Penda Project: NHI grants cover secondary school scholarships for 160+ students graduating from New Hope Academy to go to area high schools and another 20+ students to go to university 3. New Hope Clinic: NHI grants cover the cost of basic medical services to student and their families via a registered nurse 4. Project Biashara: NHI grants cover job training and micro-business loans for ~30 single mothers to produce and sell goods
$719,856 spentof which $596,258 as grants$48,330 earned by the program62% of program spendingOlorien Community Clinic in Arusha, Tanzania. NHI provides funds for a full service medical facility seeing 200+ patients per day. NHI grants cover the cost of staff (3 doctors; 24 staff), facilities, and equipment (lab, x-ray, ultrasound, minor operating room) Arusha Academy: We offer monthly support to enable indigent local students to attend this private fee based school
$179,407 spentof which $140,110 as grants16% of program spendingOrphanage - Moribatown, Sierra Leone. NHI provides funds to care for 70+ children, many with special needs; costs include food, clothing, medical care, education, and the cost of staff / facilities
$144,169 spentof which $112,733 as grants12% of program spendingAdditional projects: Nicaragua, India, Nepal
$113,209 spentof which $88,412 as grants10% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,156,641.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $513k to $144k (−72%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
96% of NEW HOPE INITIATIVE INC’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Sandy Baird
Exec Director
Board chair
James Wagstaff
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 5 funders, grant income fell $29k → $20k.
7 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 78% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NEW HOPE INITIATIVE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NEW HOPE INITIATIVE INC leans on a few funders — its largest provides 53% of grant income and the top three 74%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW HOPE INITIATIVE INC.
Largest funder’s share by year: 2017 43% · 2018 100% · 2019 100% · 2020 75% · 2021 64% · 2022 54% · 2023 35% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
43% of NEW HOPE INITIATIVE INC's funders are still giving 3 years after their first grant; 21% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
78% of NEW HOPE INITIATIVE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $67k that is directly attributable, 62% of it comes from Texas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $236k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NEW HOPE INITIATIVE INC's revenue fell 24% between 2020 and 2024.
this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024
Organizations like NEW HOPE INITIATIVE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
98% of spending goes to programs.
Governance
Public support
91%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for NEW HOPE INITIATIVE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEW HOPE INITIATIVE INC?
- NEW HOPE INITIATIVE INC (Texas) receives grants from 14 organizations whose IRS filings report $303,364 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($159,850). 3 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NEW HOPE INITIATIVE INC have?
- IRS filings report 14 organizations giving $303,364 in grants to NEW HOPE INITIATIVE INC, 3 of which have funded it in more than one year.
- Who is the largest funder of NEW HOPE INITIATIVE INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $159,850 in grants. The full list of funders is on this page.
- How can an organization like NEW HOPE INITIATIVE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds New Hope Initiative →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 14 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing