Living Hope Foundation
- Assets
- $462.2k
- Revenue
- $28.8k
- Investments
- $0.0
- Employees
- 0
- Location
- San Martin, CA
- Founding
- 09/2011
- Data as of
- 08/2021
- EIN
- 27-3513495
Organization Overview
Living Hope Foundation is located in San Martin, CA. The organization was established in 2011. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living Hope Foundation 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 08/2021, Living Hope Foundation generated $28.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.0%) each year. All expenses for the organization totaled $46.8k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECTING, ORGANIZING, AND SPONSORING A GROUP THAT ENCOURAGES AND EDUCATES YOUNG MOTHERS IN THE ROLE OF RAISING CHILDREN.
PROVIDING BOTH TANGIBLE AND EMOTIONAL SUPPORT FOR MOMS, WIDOWS, AND PEOPLE BATTLING ILLNESS. ALSO TEACHING BIBLICAL COPING STRATEGIES TO HELP EQUIP THESE SAME GROUPS OF PEOPLE TO DEAL WITH THE CHALLENGES THEY ARE FACING.
ENCOURAGING MISSIONARIES, RAISING AWARENESS FOR ORPHANS AND UNDERPRIVILEDGED PEOPLE IN OUR COMMUNITY AND ABROAD.
PROVIDING HOUSING FOR LOW-INCOME FAMILIES AT A BELOW MARKET RENT RATE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Wells Trustee | 2 | $0 | |
Kimberly Wells Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | -$3,643 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,750 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,547 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,865 |
| Printing and publications | $228 |
| Other expenses | $33,815 |
| Total operating and administrative expenses | $46,755 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $46,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,213 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $451,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $462,213 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,263 |
| Total liabilities | $9,263 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Native Pacific Education And Culture Kapolei, HI | $1,941,780 | $5,639,876 |
San Joaquin A Plus Inc Stockton, CA | $3,892,784 | $3,942,790 |
Make Way For Books Tucson, AZ | $2,670,198 | $2,705,326 |
United Through Reading San Diego, CA | $1,933,982 | $2,576,774 |
Tandem Partners In Early Learning San Francisco, CA | $1,207,894 | $2,135,047 |
Developments In Literacy Inc Irvine, CA | $1,716,599 | $2,242,453 |
The Riordan Foundation South Pasadena, CA | $13,591,111 | $7,320,901 |
Arpan Foundation Incorporated Diamond Bar, CA | $1,095,710 | $1,209,090 |
Read Better Be Better Phoenix, AZ | $1,920,458 | $1,563,168 |
Oakland Literacy Coalition Oakland, CA | $916,422 | $1,367,279 |
916 Ink Sacramento, CA | $593,574 | $1,036,980 |
Street Poets Inc Los Angeles, CA | $3,067,922 | $2,123,543 |