Hope For Paws
- Assets
- $6.8m
- Revenue
- $8.6m
- Investments
- $308.3k
- Employees
- 8
- Location
- Studio City, CA
- Founding
- 10/2008
- Data as of
- 12/2022
- EIN
- 26-2869386
Organization Overview
Hope For Paws is located in Studio City, CA. The organization was established in 2008. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. As of 12/2022, Hope For Paws employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Paws is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hope For Paws generated $8.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $7.8m during the year ending 12/2022. While expenses have increased by 10.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hope For Paws has awarded 122 individual grants totaling $2,706,582. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOPE FOR PAWS RESCUES DOGS AND ALL OTHER ANIMALS WHO ARE SUFFERING ON THE STREETS AND IN SHELTERS. OUR GOAL IS TO EDUCATE PEOPLE ON THE IMPORTANCE OF COMPANION ANIMALS IN OUR SOCIETY, TO REDUCE EUTHANASIA RATES AT SHELTERS, INCREASE ADOPTION RATES, AND INSPIRE PEOPLE ALL OVER THE WORLD TO TAKE ACTION IN ORDER TO END ANIMAL ABUSE, NEGLECT, AND HOMELESSNESS.
Describe the Organization's Program Activity:
2022 WE WERE ABLE TO PROVIDE MEDICAL CARE FOR MORE ANIMALS THAN EVER. THE 2021 EXPANSION OF OUR MEDICAL PARTNER, CARES, TO A LARGER FACILITY AND MEDICAL TEAM TO SERVE HOPE FOR PAWS 24/7 HELPED US ACCOMPLISH THIS GOAL. IN ADDITION TO OUR RESCUES, OUR RESCUE PARTNERS WERE ABLE TO PULL MORE ANIMALS FROM SHELTERS TO RECEIVE LIFE-SAVING VETERINARY SERVICES THAT OTHERWISE WOULD HAVE BEEN EUTHANASED. WE PAID FOR ALL THEIR MEDICAL CARE AND CONTINUED SUPPORTING FOSTERS WITH FOOD AND SUPPLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eldad Hagar CEO | OfficerTrustee | 80 | $143,077 |
Chris Gentry Director Of Operations & Finance | 45 | $148,915 | |
Katie Mckittrick Animal Rescuer | 45 | $124,724 | |
Alexandra Babcock Animal Rescuer | 45 | $101,888 | |
Jaime Newman CFO | OfficerTrustee | 1 | $0 |
Guy Nattiv Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cares Veterinary Services | 12/30/22 | $3,744,587 |
Facturlycom Fundraising Services | 12/30/22 | $207,328 |
Beverly Oaks Animal Hospital Veterinary Services | 12/30/22 | $102,606 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,431,007 |
| Noncash contributions included in lines 1a–1f | $305,790 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,431,007 |
| Total Program Service Revenue | $0 |
| Investment income | $2,415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$11,713 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,625,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $279,583 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $170,328 |
| Compensation of current officers, directors, key employees. | $25,549 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $686,732 |
| Pension plan accruals and contributions | $75,034 |
| Other employee benefits | $79,570 |
| Payroll taxes | $66,433 |
| Fees for services: Management | $37,548 |
| Fees for services: Legal | $4,030 |
| Fees for services: Accounting | $103,626 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $264,242 |
| Office expenses | $112,329 |
| Information technology | $159,077 |
| Royalties | $0 |
| Occupancy | $152,202 |
| Travel | $28,929 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $180,109 |
| Insurance | $21,708 |
| All other expenses | $0 |
| Total functional expenses | $7,813,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $621,608 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $286,070 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $200,559 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $63,653 |
| Net Land, buildings, and equipment | $3,909,296 |
| Investments—publicly traded securities | $25,460 |
| Investments—other securities | $308,276 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,380,073 |
| Total assets | $6,794,995 |
| Accounts payable and accrued expenses | $384,347 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,346,337 |
| Total liabilities | $1,730,684 |
| Net assets without donor restrictions | $4,778,241 |
| Net assets with donor restrictions | $286,070 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,794,995 |
Grants Awarded
Over the last fiscal year, Hope For Paws has awarded $242,127 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MAUI CAT RESCUE PURPOSE: ANIMAL RESCUE | $13,000 |
LA ANIMAL RESCUE PURPOSE: ANIMAL RESCUE | $229,127 |