New Hope Charitable Foundation
- Assets
- $6.0m
- Revenue
- $75.6k
- Investments
- $3.5m
- Employees
- 0
- Location
- San Marcos, CA
- Founding
- 01/2002
- Data as of
- 06/2021
- 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 06/2021, New Hope Charitable Foundation generated $75.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $107.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, New Hope Charitable Foundation has awarded 54 individual grants totaling $1,376,169. 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
2021
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; PERIODIC NEWSLETTERS TO OVER 7,000 RECIPIENTS; 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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest J Jubela President | 10 | $0 | |
Marie B Jubela Treas/sec | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $75,547 |
| Net Rental Income | $0 |
| 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 | $75,555 |
| 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 | $0 |
| Printing and publications | $61 |
| Other expenses | $4,344 |
| Total operating and administrative expenses | $54,680 |
| Contributions, gifts, grants paid | $52,566 |
| Total expenses and disbursements | $107,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,659 |
| Savings and temporary cash investments | $2,491,519 |
| 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 | $6,778 |
| 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 | $6,041,434 |
| 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 $52,566 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: PUBLIC AWARENESS CONSTITUTIONAL RIGH | $50,000 |
San Diego, CA PURPOSE: CHARITY HEALTH CARE &/OR RESEARCH | $2,000 |
CSULB TEACHER PREP PRTCPNTS PROFS PURPOSE: BOOKS ON TEACHING & CHILD DEVELOPMNT | $466 |
Carlsbad, CA PURPOSE: CHARITY COLLABORATION IN REGION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cityserve Network Bakersfield, CA | $4,069,087 | $94,473,161 |
Movement Strategy Center Oakland, CA | $26,305,991 | $30,747,629 |
Casa De Los Ninos Inc Tucson, AZ | $25,293,755 | $23,382,073 |
Woodcraft Rangers Los Angeles, CA | $7,179,034 | $18,872,695 |
Californians Dedicated To Education Foundation San Francisco, CA | $5,632,923 | $12,853,124 |
Coalition For Responsible Community Development Los Angeles, CA | $20,510,086 | $22,552,371 |
Young Community Developers San Francisco, CA | $10,175,438 | $17,514,811 |
Community Youth Center Of San Francisco San Francisco, CA | $17,880,445 | $17,282,098 |
Kupu Honolulu, HI | $10,299,309 | $11,230,476 |
Kids Unlimited Of Oregon Medford, OR | $20,008,929 | $11,933,756 |
Hunters Point Family San Francisco, CA | $3,079,045 | $12,434,856 |
Alliance For A Healthier Generation Inc Portland, OR | $19,826,978 | $16,732,492 |