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Filing year 2024

NEW HOPE INITIATIVE INC

Kingwood, Texas·EIN 27-3984784·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.2M
Total assets
$140k
Total expenses
$1.2M
Reported officers
15
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.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

Exec Director
Board Member
75th to 90th percentile
$66k
$70k
Board Member
75th to 90th percentile
$30k
$31k
Chair
Board Chair
Median to 75th percentile
$30k
$31k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEW HOPE INITIATIVE INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2023

From $66k in 2023 to $66k in 2024.

$66k
2023
$66k
2024
In today's dollarsEst.
Down 3% in real terms$72k to $70k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay held roughly steady from 2023 to 2024, while revenue fell 4%.

$66k in 2023 to $66k in 2024.
  • Board Chair pay rose 21% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NEW HOPE INITIATIVE INC

What does the Board Member of NEW HOPE INITIATIVE INC earn?

In 2024, the Board Member of NEW HOPE INITIATIVE INC received $66,000 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at NEW HOPE INITIATIVE INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Board Member at NEW HOPE INITIATIVE INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at NEW HOPE INITIATIVE INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are NEW HOPE INITIATIVE INC's revenue and expenses?

In 2024, NEW HOPE INITIATIVE INC reported $1.2M in total revenue and $1.2M in total expenses on its IRS Form 990.

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