Nonprofit · EIN 27-1895442
BOLD HOPE INC
Tax-exempt · DOYLESTOWN, PA 18901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $3,031,473 | $2,848,806 | $182,667 | $1,379,413 | $311,706 | $1,067,707 |
| August 31, 2024 | 990 (amended) | $2,380,315 | $2,635,250 | -$254,935 | $1,097,620 | $264,325 | $833,295 |
| August 31, 2023 | 990 | $1,693,646 | $1,822,353 | -$128,707 | $1,191,009 | $223,467 | $967,542 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $1,292,018
- Program service revenue
- $1,507,684
- Investment income
- $15,843
- Net income from fundraising events
- $215,928
- Other revenue
- $215,928
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,168,891
- Salaries, compensation and benefits (total)
- $1,366,516
- Professional fundraising fees
- $0
- Legal fees
- $52,903
- Occupancy
- $28,454
- Travel
- $804,544
- Depreciation
- $47,882
- Program services (functional)
- $2,233,897
- Management and general (functional)
- $419,825
- Fundraising (functional)
- $195,084
Balance sheet and other
- Total assets, start of year
- $1,097,620
- Total assets, end of year
- $1,379,413
- Total liabilities, end of year
- $311,706
- Net assets, end of year
- $1,067,707
- Land, buildings and equipment
- $506,318
- Net assets without donor restrictions
- $993,144
- Net assets with donor restrictions
- $74,563
- Gross receipts
- $3,093,285
- Employees
- 19
- Volunteers
- 21
- Year formed
- 2010
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW JONES | EXECUTIVE DIRECTOR Officer | 40 | $115,762 | $31,546 |
| MATTHEW JONES | MANAGING DIRECTOR Officer | 40 | $115,797 | $23,593 |
| CHRIS DAUGAARD | TECHNICAL & CREATIVE LEAD Highest-paid employee | 40 | $111,033 | $21,089 |
| CHRISTOPHER RAMSDELL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| KARIN LEAVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFF HIRSCHOFF | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD B MILLHAM JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK WHITE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COURTNEY OLSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT GRIFFITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SARAH CORNWELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD TERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFF WOLF | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MATT CULLEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID BECKETT | BOARD MEMBER Trustee or director | 1 | $0 |
| ALBERT BRUCE | TREASURER Officer | 1 | $0 |
990 for the year ended August 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW JONES | EXECUTIVE DIRECTOR Officer | 40 | $109,290 | $19,837 |
| MATTHEW JONES | MANAGING DIRECTOR Officer | 40 | $109,290 | $19,660 |
| CHRISTOPHER DAUGAARD | MARKETING&WEBSITE SPECIALIST Highest-paid employee | 40 | $100,807 | $13,327 |
| CHRISTOPHER RAMSDELL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| KARIN LEAVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFF HIRSCHOFF | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD B MILLHAM JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ZUBIN WHITE | BOARD MEMBER (TO 12.31.23) Trustee or director | 1 | $0 | $0 |
| MARK WHITE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COURTNEY OLSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT GRIFFITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SARAH CORNWELL | SECRETARY (FROM 01.08.24) Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD TERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RACHEL MILLER | SECRETARY (TO 01.08.24) Trustee or director, Officer | 0 | $0 | $0 |
| ALBERT BRUCE | TREASURER (TO 12.31.24) Officer | 1 | $0 | $0 |
990 for the year ended August 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW JONES | MANAGING DIRECTOR Officer | 40 | $67,279 | $13,485 |
| ANDREW JONES | EXECUTIVE DIRECTOR Officer | 40 | $67,279 | $13,425 |
| CHRISTOPHER RAMSDELL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| KARIN LEAVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFF HIRSCHOFF | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD B MILLHAM JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ZUBIN WHITE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK WHITE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COURTNEY OLSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT GRIFFITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SARAH CORNWELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD TERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALBERT BRUCE | TREASURER Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11 WELDON DR STE 200, DOYLESTOWN, PA 18901-2345
- Mailing address (990-N for 2010)
- 641 Marjorie Mae St, State College PA 16803
- Principal officer (990 for 2024)
- ANDREW JONES, 11 WELDEN DR, DOYLESTOWN, PA 18901
- Principal officer (990-N for 2010)
- Matthew Jones, 641 Marjorie Mae St, State College PA 16803
- Signed the 990
- BRIAN GALLAGHER, CHIEF OPERATING OFFICER
- Phone
- (267) 544-5016
- Website
- www.povertyresolutions.org
- Return prepared by
- JEBRAN & ABRAHAM PC
Mission
BOLD HOPE EXISTS TO COMBAT SPIRITUAL, ECONOMICAL, AND FAMILIAL POVERTY BY PROVIDING HOPE TO SOME OF THE WORLD'S MOST VULNERABLE PEOPLE. THROUGH COMMUNITY ENGAGEMENT, SUSTAINABILITY, AND KINGDOM PREPARATION WE STRIVE TO RESOLVE ALL FORMS OF POVERTY AND MAKE A LASTING IMPACT ON THOSE WE SERVE. WE SEEK TO SERVE NOT ONLY INDIVIDUALS AND FAMILIES, BUT WHOLE COMMUNITIES. OUR PURPOSE IS TO TACKLE EACH PHYSICAL NEED THAT PRESENTS ITSELF, ALL WHILE SHARING THE LOVE OF CHRIST.
Program accomplishments
- MISSION TRIPS -IN FISCAL YEAR 2025, BOLD HOPE TOOK 712 TRIP PARTICIPANTS ON 60 MISSION TRIPS TO 3 COUNTRIES TO SUPPORT THE GOOD WORK THAT OUR PARTNERS FAITHFULLY CARRY OUT YEAR-ROUND. OUR TEAMS SERVED IN VARIOUS WAYS IN IMPOVERISHED COMMUNITIES BY DOING THINGS LIKE HEALTH ASSESSMENTS FOR ALL OF THE CHILDREN IN OUR FAMILY DEVELOPMENT PROGRAM, EMPOWERMENT INITIATIVES SUCH AS TEACHER TECHNOLOGY TRAINING AND BIKE REPAIR, AND CONTINUING WORK ON PARTNERS' SCHOOLS AND CHURCHES. ADDITIONALLY, SCHOOL PROGRAMS, HOME VISITS,COMMUNITY OUTREACH, AND CHILDREN'S MINISTRY WERE MAINSTAYS IN TRIP PROGRAMMING.Expenses $1,206,304 · revenue $1,507,684
- FAMILY DEVELOPMENT PROGRAM - WE HAVE TRANSITIONED FROM A CHILD DEVELOPMENT PROGRAM TO A FAMILY DEVELOPMENT PROGRAM. THIS TRANSITION TO A MORE HOLISTIC MINISTRY APPROACH WAS BORN OUT OF THE BELIEF THAT BEHIND EVERY CHILD IS A FAMILY, AND BEHIND THAT FAMILY IS A COMMUNITY. IN A BROADER VIEW, IT BECOMES CLEAR THAT BROKENNESS IN A COMMUNITY AND BROKENNESS IN A FAMILY AFFECTS THE MOST VULNERABLE PIECE OF ANY SOCIETY - THE CHILD.OUR FAMILY DEVELOPMENT PROGRAM CONTINUES TO EXIST TO MEET DAILY NEEDS THAT WOULD OTHERWISE GO UNMET. THE MEANS THROUGH WHICH WE ACCOMPLISH THIS IS CHILD SPONSORSHIP. IN MANY COUNTRIES, FAMILIES ARE UNABLE TO PROVIDE FOR THEIR CHILDREN FINANCIALLY, WHICH IN TURN MAKES THEM SUSCEPTIBLE TO SEPARATION OR EXPLOITATION. OUR DESIRE IS TO KEEP FAMILIES TOGETHER BY SUPPORTING IMPORTANT EFFORTS ALREADY BEING MADE IN VULNERABLE COMMUNITIES OR FACILITATING OUR OWN FAMILY DEVELOPMENT PROGRAMS IN SOME LOCATIONS. OUR SPONSORSHIP PROGRAMS PROVIDE FAMILIES IN HIGH-RISK POPULATIONS WITH BASIC NECESSITIES INCLUDING ITEMS SUCH AS CLEAN WATER, FOOD, MEDICAL ATTENTION, SHELTER, CLOTHING, EDUCATION, PROTECTION, AND OUR FAMILY DEVELOPMENT PROGRAM CONTINUES TO EXIST TO MEET DAILY NEEDS THAT WOULD OTHERWISE GO UNMET. THE MEANS THROUGH WHICH WE ACCOMPLISH THIS IS CHILD SPONSORSHIP. IN MANY COUNTRIES, FAMILIES ARE UNABLE TO PROVIDE FOR THEIR CHILDREN FINANCIALLY, WHICH IN TURN MAKES THEM SUSCEPTIBLE TO SEPARATION OR EXPLOITATION. OUR DESIRE IS TO KEEP FAMILIES TOGETHER BY SUPPORTING IMPORTANT EFFORTS ALREADY BEING MADE IN VULNERABLE COMMUNITIES OR FACILITATING OUR OWN FAMILY DEVELOPMENT PROGRAMS IN SOME LOCATIONS. OUR SPONSORSHIP PROGRAMS PROVIDE FAMILIES IN HIGH-RISK POPULATIONS WITH BASIC NECESSITIES INCLUDING ITEMS SUCH AS CLEAN WATER, FOOD, MEDICAL ATTENTION, SHELTER, CLOTHING, EDUCATION, PROTECTION, AND SPIRITUAL DEVELOPMENT.Expenses $1,027,593
- EVENTS/FUNDRAISING CAMPAIGNS-OUR FUNDRAISING EFFORTS IN FISCAL YEAR 2025 ALLOWED US TO CONTINUE TO EXPAND OUR REACH AROUND THE WORLD. THE MONEY RAISED THROUGH VARIOUS EVENTS AND FUNDRAISING CAMPAIGNS WAS USED TO INCREASE THE EFFECTIVENESS OF OUR FAMILY DEVELOPMENT PROGRAM, INCLUDING DEVELOPMENT AND EDUCATIONAL WORK IN BELIZE. SOME OF THE FUNDS WERE USED TO PURCHASE A NEW BUS. FUNDS WERE USED TO BUILD A MUCH NEEDED SECURITY WALL AROUND THE MAIN SITE AND INSTALL A MORE SECURE GATE. WE WERE ALSO ABLE TO PROVIDE MATTRESSES FOR THE POLICE OFFICERS WHO COME TO THE AREA SPECIFICALLY TO OFFER PROTECTION TO ARCAHAIE. IN THE DOMINICAN REPUBLIC WE WERE ABLE TO CONTINUE CONSTRUCTION ON PHASE 1 OF THE AUTOVIA COMMUNITY CENTER AND PAVILION. IN THE UNITED STATES, WE HAVE BEGUN TO EXPLORE HOW BOLD HOPE CAN HELP OUR NEIGHBORS IN BUCKS AND MONTGOMERY COUNTIES WITH LOCAL PROGRAMMING. ADDITIONALLY, FUNDRAISING HELPED OFFSET OUR ONGOING ADMINISTRATIVE NEEDS GLOBALLY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 27-1895442
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q33)
- Assets (IRS master file)
- $1,379,413
- Income (IRS master file)
- $3,093,285
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $3,031,473 | $2,848,806 | $1,379,413 | XML |
| 990 | August 2024 | $2,380,315 | $2,635,250 | $1,097,620 | XML |
| 990 | August 2023 | $1,693,646 | $1,822,353 | $1,191,009 | XML |
| 990 | December 2022 | $1,939,641 | $2,022,493 | $1,239,504 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Matthew Jones | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1895442).
Questions about BOLD HOPE INC
- What is the EIN of BOLD HOPE INC?
- The employer identification number (EIN) of BOLD HOPE INC is 27-1895442.
- Is BOLD HOPE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to BOLD HOPE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BOLD HOPE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BOLD HOPE INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BOLD HOPE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of BOLD HOPE INC?
- The 990 for the year ended August 31, 2025 names ANDREW JONES.
- Who are the officers and directors of BOLD HOPE INC?
- The 990 for the year ended August 31, 2025 lists 17 people; 3 received compensation from the organization, the highest $115,762 (ANDREW JONES, EXECUTIVE DIRECTOR).
- How much revenue does BOLD HOPE INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $3,031,473, expenses of $2,848,806 and total assets of $1,379,413 at year end.
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All nonprofits in DOYLESTOWN · Pennsylvania · International, foreign affairs and national security