2025-11-17T14:36:45-06:00 2024-12-31 630721243 BORLAND BENEFIELD PC 800 SHADES CREEK PKWY BIRMINGHAM AL 35209 990 2024-01-01 833497398 FOUNDATIONS FOR HOPE INC FOUN 2055919111 PO BOX 62 TRUSSVILLE AL 35173 RANDALL V TREGLOWN DIRECTOR 2055919111 2025-11-17 1 0 JEFFREY D CHANDLER CPA P00764759 2058027212 2025-11-17 2024 2025-03-06 01:10:19Z RANDALL V TREGLOWN 6223 FOX BRANCH TRUSSVILLE AL 35173 1161818 0 X N/A X 2019 AL FOUNDATIONS FOR HOPE EXISTS TO ADVANCE THE GOSPEL OF JESUS CHRIST BY PROVIDING CRITICAL RESOURCES AND TRAINING IN PARTNERSHIPS WITH LOCAL CHURCHES IN AREAS OF NEED ACROSS THE GLOBE. 6 6 3 25 0 0 748497 1117997 0 0 24999 43821 -14430 -11493 759066 1150325 233324 604859 0 0 129113 136679 0 0 50883 268726 841722 631163 1583260 127903 -432935 1096569 665543 7528 9437 1089041 656106 FOUNDATIONS FOR HOPE EXISTS TO ADVANCE THE GOSPEL OF JESUS CHRIST BY PROVIDING CRITICAL RESOURCES AND TRAINING IN PARTNERSHIPS WITH LOCAL CHURCHES IN AREAS OF NEED ACROSS THE GLOBE. 0 0 1475627 604859 TO ADVANCE THE GOSPEL OF JESUS CHRIST BY PROVIDING CRITICAL RESOURCES AND TRAINING IN PARTNERSHIPS WITH LOCAL CHURCHES IN AREAS OF NEED ACROSS THE GLOBE. 1475627 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 3 1 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X RANDALL TREGLOWN 2055919111 6223 FOX BRANCH TRUSSVILLE AL 35173 RANDALL TREGLOWN CHAIRMAN 1.00 X X 30000 0 0 MATTHEW MULLINAX VICE CHAIRMAN 1.00 X X 30000 0 0 MARTIN ADAMS DIRECTOR 1.00 X 0 0 0 JEFFREY GARDNER DIRECTOR 1.00 X 0 0 0 GINGER TREGLOWN DIRECTOR 1.00 X 0 0 0 60000 0 0 0 0 0 0 0 103995 1014002 635937 1117997 43821 43821 0 103995 11493 -11493 -11493 1150325 0 0 32328 604859 604859 119490 50883 17724 50883 3000 3000 1251 1251 8902 8902 4036 4036 1021 1021 1578 1578 1289 1289 13293 13293 3981 3981 14754 14754 9000 9000 27349 27349 4078 4078 890 890 BIBLE COLLEGE COSTS 602300 602300 MISSION TRIP COST 162189 162189 1583260 1475627 56750 50883 1058549 636101 9320 4820 37687 13065 28700 24622 1096569 665543 5692 7562 1836 1875 7528 9437 X 1089041 656106 1089041 656106 1096569 665543 -432935 0 X 0 0 0 X 289903 300482 399097 684089 1014002 2687573 289903 300482 399097 684089 1014002 2687573 1616059 1071514 2132 690 954 24999 43821 72596 2760169 0.38820 0.43050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18212 3845 14367 19475 9220 10255 24622 SIMPLE IRA LIABILITY 1875 1875 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 ASSISTANCE TO RECIPIENTS LOCATED IN REGION TO PROVIDE FUNDS FOR CHURCH PLANTING AND WATER WELLS. 604859 0 0 0 0 0 0 604859 0 604859 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, TO PROVIDE FUNDS FOR CHURCH PLANTING AND WATER WELLS. 604859 WIRE TRANSFER 0 FMV 0 0 0 0 0 0 PART I, LINE 2: REGION - CENTRAL AMERICA AND THE CARIBBEAN: THE GRANTEE PROVIDES THEIR MONTHLY EXPENSES TO THE ORGANIZATION EACH MONTH. THE ORGANIZATION THEN REVIEWS THE EXPENSES AND COMPILES A MONTHLY EXPENSE VARIANCE REPORT. UPON COMPLETION OF THE REPORT, THE ORGANIZATION APPROVES THE REPORT AND FUNDS THE GRANTEE. ADDITIONAL INFORMATION PROVIDED FROM THE GRANTEE CONTAINS: (1) MONTHLY REPORTS UPDATING THE ORGANIZATION ON THE CHILDREN, TEACHERS AND CURRENT CHALLENGES THE GRANTEE IS FACING (2) PICTURES CONFIRMING CERTAIN EXPENSES REPORTED WERE IN FACT INCURRED. IF ADDITIONAL INFORMATION IS REQUIRED, IT IS AVAILABLE UPON REQUEST. REGION - SUB-SAHARAN AFRICA: THIS GRANT WAS INITIALLY FUNDED TO A US NON-PROFIT (JESUS HARVESTERS MINISTRIES, EIN: 63-0957870). THE FINAL DESTINATION FOR THESE FUNDS IS A FOREIGN NON-PROFIT. THE FUNDS ARE MONITORED BY THE ORGANIZATION AND JHM, SEE THE FOLLOWING DESCRIPTION. JHM MONITORING PROCESS: THE BOARD CHAIRMAN OBTAINS UPDATES FROM THE GRANTEE WHICH INCLUDES CORRESPONDENCE AND PICTURES OF THE GRANTEE'S PROGRESS. THE CHAIRMAN THEN UPDATES THE BOARD AT THEIR NEXT MEETING. BANK ACCOUNTS AND FINANCIAL LEDGERS ARE MAINTAINED BY THE TREASURER AND REPORTED TO THE BOARD MEMBERS. THE BOARD THEN APPROVES OR DENIES ADDITIONAL FUNDS TO THE GRANTEE. JHM FILES AN ANNUAL FORM 990 WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION PROCESS: JHM PROVIDES THE ORGANIZATION WITH QUARTERLY REPORTS ON BEHALF OF THE GRANTEE. THESE REPORTS ACKNOWLEDGE ANY FUNDS RECEIVED FROM THE ORGANIZATION. THESE REPORTS ALSO IDENTIFY WHICH, IF ANY, FUNDS HAVE BEEN DISTRIBUTED TO THE GRANTEE THAT WERE FUNDED BY THE ORGANIZATION. THE ORGANIZATION THEN APPROVES OR DENIES ADDITIONAL FUNDS TO THE GRANTEE. 5K FUNDRAISER 103995 103995 11493 103995 103995 11493 11493 -11493 X 5 635937 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RANDY TREGLOWN AND MATT MULLINAX HAVE A BUSINESS RELATIONSHIP TOGETHER. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE ORGANIZATION'S FORM 990, THE BOARD MEMBERS REVIEW THE TAX RETURN AND ARE FREE TO ASK ANY QUESTIONS OR ENGAGE IN DISCUSSION REGARDING ANY TOPIC COVERED IN THE RETURN. ONCE THE GOVERNING BODY HAS REVIEWED AND APPROVED THE FORM 990, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND BOARD MEMBER OF THE ORGANIZATION MUST REVIEW AND SIGN THE WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY. ADDITIONALLY, THE ORGANIZATION WILL COMPLETE PERIODIC REVIEWS OF COMPENSATION ARRANGEMENTS AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS TO MAKE SURE THAT NO CONFLICTS OF INTEREST HAVE DEVELOPED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.