New Hope Charitable Foundation
- Assets
- $6.1m
- Revenue
- $307.0k
- Investments
- $5.7m
- Employees
- 0
- Location
- San Marcos, CA
- Founding
- 01/2002
- Data as of
- 06/2023
- EIN
- 33-0939302
Organization Overview
New Hope Charitable Foundation is located in San Marcos, CA. The organization was established in 2002. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Charitable 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 06/2023, New Hope Charitable Foundation generated $307.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $55.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, New Hope Charitable Foundation has awarded 60 individual grants totaling $1,302,515. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESOURCES & RAISE AWARENESS: "ENERGIZE STUDENTS; TO BETTER EDUCATE TODAY'S YOUTH"S (ES'S) WEBSITE FOR PUBLIC, STUDENTS, EDUCATORS, & FAMILIES, INCLUDES REVIEWS, ARTICLES, PODCASTS, CHARTS, & LINKS TO ARTICLES & PRESENTATIONS BY RECOGNIZED EXPERTS, ALL TO INCREASE ACCESS TO AND USE OF INFO ON OUR & OTHER SITES TO HELP IMPROVE STUDENT SUCCESS. "DRAWING OUT GENIUS; THE ART OF PERSONALIZING EDUCATION" WEBSITE TO INCREASE AWARENESS OF STUDENT-CENTERED LEARNING PRINCIPLES & SUCCESSES, PLUS TO ELICIT MORE EXAMPLES OF SUCH MODEL PROGRAMS TO BE POTENTIAL SUBJECTS FOR ADDITIONAL DOCUMENTARIES & TO BE USED &/OR ADAPTED & USED, BY MORE SCHOOLS SERVING MORE STUDENTS. FREE DVD COPIES OF 1ST DOCUMENTARY ORDERED VIA THIS SITE. DAILY UPDATES TO BOTH SITES' FACEBOOKS (PLUS TO TWITTER) OF USEFUL &/OR INSPIRING INFO FOR STUDENTS, EDUCATORS,FAMILIES, AND THE PUBLIC. INTERACTIVE ASSEMBLIES (HIGH SCHOOL), THESE LATTER CANCELLED DUE TO COVID-19 PANDEMIC AND NOT YET RE-STARTED DUE TO SCHOOLS' FOCUS ON
THE MORE WE UNDERSTAND OUR STUDENTS' WORLDS, THE MORE POSSIBILITIES WE WILL SEE FOR THEM. THIS PRIVATE FOUNDATION 501(C)(3) PROVIDED THE 501(C)(3) PUBLIC CHARITY DOCUMENTARY PRODUCER WITH ASSISTANCE IN EXPERT RESEARCH, REVIEWING RESEARCH: (1) RELATED TO PROGRAMS AND/OR STRATEGIES THAT IMPROVE STUDENT ENGAGEMENT BY BUILDING ON AND FOSTERING THE TALENTS THAT EXIST WITHIN EACH STUDENT (DRAWING OUT GENIUS (R)), AS WELL AS INCREASING THEIR RESILIENCE, AT THE SAME TIME INCREASING THEIR AWARENESS OF OPPORTUNITIES, FIELDS OF ENDEAVOR, AND METHODS OF PLANNING AND BUDGETING FOR THEMSELVES; (2) RELATED TO INCREASED DEVELOPMENT OF EMOTIONAL INTELLIGENCE AND THE REALIZATION THAT EACH PERSON HAS WITHIN THEMSELVES THE ABILITY OF CHOOSING THEIR LIFE'S PATH, TRADES - TECHNICAL - MEDICAL - ETC., THROUGH UNIVERSITY OR ANY OTHER PERSONAL DEVELOPMENT CHOICE; AND (3) RELATED TO PROGRAMS AND/OR STRATEGIES THAT HAVE DOCUMENTED SUCCESSES IN ACHIEVING INCREASED GRADUATION RATES AND INCREASED GAINFUL EMPLOYMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest J Jubela President | 10 | $0 | |
Marie B Jubela Treas/sec | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $135,251 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $171,752 |
| Capital Gain Net Income | $171,752 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $307,006 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,306 |
| Printing and publications | $0 |
| Other expenses | $2,985 |
| Total operating and administrative expenses | $54,895 |
| Contributions, gifts, grants paid | $200 |
| Total expenses and disbursements | $55,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,262 |
| Savings and temporary cash investments | $247,395 |
| 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 | $4,834 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,052,914 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, New Hope Charitable Foundation has awarded $27,835 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SHARP HEALTHCARE FOUNDATION PURPOSE: CHARITY HEALTH CARE &/OR RESEARCH | $2,000 |
NORTH COUNTY PHILANTHROPY COUNCIL PURPOSE: CHARITY COLLABORATION IN REGION | $100 |
SEGERSTROM CENTER FOR THE ARTS PURPOSE: EDUCATION SUPPORT | $20,000 |
AMERICAN HERITAGE EDUCATION FOUNDTN PURPOSE: FAST FORWORD ANNUAL SUPPORT | $3,791 |
SCHOLARSHIP PREP PURPOSE: STDNT WRITING JRNLS & TCHR BOOKS | $1,944 |