Project High Hopes
- Assets
- $215.2k
- Revenue
- $201.5k
- Investments
- $202.7k
- Employees
- 0
- Location
- Escondido, CA
- Founding
- 03/2007
- Data as of
- 04/2023
- EIN
- 42-1705869
Organization Overview
Project High Hopes is located in Escondido, CA. The organization was established in 2007. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project High Hopes 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 04/2023, Project High Hopes generated $201.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $270.3k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (20.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Project High Hopes has awarded 32 individual grants totaling $1,540,890. 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
THE PURPOSE OF THE INSPIRE US PROGRAM IS TO TRANSFORM YOUNG LEADERS' INSPIRATION INTO ACTION THAT IMPROVES OUR COMMUNITIES AND STRENGTHENS OUR DEMOCRACY. IN EACH STATE, THE PROGRAM CREATES OPPORTUNITIES FOR HIGH SCHOOL STUDENTS TO GAIN LEADERSHIP SKILLS, PRACTICE CRITICAL THINKING, RECRUIT AND TRAIN VOLUNTEERS AND DIALOGUE WITH ELECTED OFFICIALS AS THEY SEEK TO CREATE SUSTAINABLE SOLUTIONS WHICH WILL POSITVELY IMPACT ISSUES IN THEIR COMMUNITIES. ADDITIONALLY, STUDENTS CONDUCT NONPARTISAN VOTER REGISTRATION ACTIVITIES TO ENCOURAGE YOUNG ADULTS TO PARTICIPATE IN THE DEMOCRATIC PROCESS WHEN THEY BECOME LEGALLY ELIGIBLE.
THE PURPOSE OF THE THRIVING DOWNTOWN PROGRAM IS TO ASSIST SENIOR CITIZENS LIVING IN THE SAN DIEGO DOWNTOWN AREA ON FIXED INCOMES, WITH LIMITED SOCIAL RESOURCES AND IN ISOLATION WITHOUT FAMILY OR FRIENDS TO MAINTAIN THEIR INDEPENDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Ruhwedel Vice President | 40 | $0 | |
Winifred E Haag President/treasurer | 40 | $0 | |
Geoffrey Haag Director | 34 | $59,000 | |
Ira Lechner Chairman | 15 | $0 | |
Ashley Fair Director | 1 | $0 | |
Jane Mccarthy Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $162,476 |
| Interest on Savings | $0 |
| Dividends & Interest | $320 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,528 |
| Capital Gain Net Income | $28,528 |
| Net ST Capital Gain | $23,982 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $150 |
| Other Income | $10,000 |
| Total Revenue | $201,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $59,000 |
| Other employee salaries and wages | $75,245 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,848 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $85,265 |
| Total operating and administrative expenses | $229,265 |
| Contributions, gifts, grants paid | $41,000 |
| Total expenses and disbursements | $270,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,518 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $215,188 |
| 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 | $8,831 |
| Total liabilities | $8,831 |
Grants Awarded
Over the last fiscal year, Project High Hopes has awarded $41,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TURNOUT ACTIVITISM INC PURPOSE: YOUTH VOTER TURNOUT | $40,000 |
MARASCO CHARITABLE FOUNDATION PURPOSE: MAMA'S KITCHEN RENO PROJECT | $1,000 |