Hope for the Child, founded in 2007, is a non-profit organization based in Minneapolis, Minnesota. The goal of Hope for the Child is to foster the education, growth, development, and eventually societal leadership of orphans or otherwise disadvantaged children in Kisumu, Kenya and surrounding communities.
Arise N' Shine Academy
Our first project, Arise N' Shine Academy, has been developed and is currently a nursery school,
daycare, and first grade facility serving 120 disadvantaged and/or orphaned children in Kisumu.
Along with school lessons, the Academy also provides food, shelter, healthcare, and clothing to
all of the children..
Project Mtoto Village
Our concurrent initiative, Project Mtoto, aims to provide a home, a school, a water-well, library and farming land that will not only serve the children at Project Mtoto, but the community at large.
Asembo Water Well
Additionally, we are working diligently to provide a water well for the destitute villagers of Asembo who have
sincerely and urgently requested our help.
| Cash flow summary for Calendar year 2008 | |
| Cash inflows (Income): | Amount (USD) |
| Beginning Balance | $2,529.30 |
| Cash Collections | $14,248.22 |
| Cash Collections Event Proceeds: | |
| Salsa Dance | $1,239.00 |
| Maynards | $850.00 |
| Cash Collections-Refugees | $2,320.00 |
| Cash Collections-Roof Construction | $2,608.99 |
| Cash Collections-Uniforms | $200.00 |
| Cash Collections- Child Sponsorship | $1,110.00 |
| Credit card collect (Paypal) | $1,631.02 |
| Wells Fargo Interest Income | $1.07 |
| Other | $0.00 |
| Total Cash Inflow: | $26,737.60 |
| Refugee Expenses | ($2,320.00) |
| Operation Expenses: | |
| School expenses | ($17,691.00) |
| Bank Expenses | ($143.00) |
| Capital Expenses: | |
| Two classroom addition | ($1,920.00) |
| Roof Construction | ($1,100.00 |
| Other Expenses: | |
| Event | ($413.40) |
| Total Expenses | ($23,587.40) |
| Other Cash Out Flows: | |
| Capital Purchasess | $0.00 |
| Loan Principal | $0.00 |
| Owner's Draw | $0.00 |
| Subtotal | $0.00 |
| Total Cash Outflows | ($23,587.40) |
| Ending Cash Balance | $3,150.20 |
