Bill H Jia Hope Foundation
- Assets
- $3.1m
- Revenue
- $437.1k
- Investments
- $3.1m
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 03/2016
- Data as of
- 08/2022
- EIN
- 47-2079727
Organization Overview
Bill H Jia Hope Foundation is located in Los Altos, CA. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Bill H Jia 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 08/2022, Bill H Jia Hope Foundation generated $437.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $64.3k during the year ending 08/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL ACTIVITIES SUPPORTBILL H JIA HOPE FOUNDATION WORKED WITH BPESF (THE BULLIS-PURISSIMA ELEMENTARY SCHOOL FOUNDATION) TO SUPPORT VARIOUS SCHOOL ACTIVITIES FOR SCHOOL YEAR OF 2021 2022. WE ORGANIZED THE WALKATHON, DIVERSITY CELEBRATION, SCHOOL RECEPTION AND SOCIALS, AND MANY OTHER EVENTS.
SVLC COMMUNITY BUILDINGFROM JULY 2022 TO AUG 2022, BILL H JIA HOPE FOUNDATION SPONSORED 4 EVENTS TO SUPPORT SVLC (SILICON VALLEY LEADERSHIP COMMUNITY) TO INVITE YOUNG ENGINEERS/MANAGERS TO COACH THEM ON CAREER GROWTH AND JOB DEVELOPMENT DURING THE DIFFICULT TIME ACROSS COVID WHEN THE WORK ENVIRONMENT AND COMMUNICATION FORMAT HAD MAJOR CHANGES
YOUTH SPORTS SPONSORSHIPTO ENCOURAGE MORE YOUTH TO HAVE OUTDOOR SPORT ACTIVITIES DURING COVID, BILL H JIA HOPE FOUNDATION SUPPORTED ANDORGANIZED A FEW SPORTS ACTIVITIES IN MARCH AND APRIL 2022, IN WHICH HUNDREDS YOUTH ATTENDED.
HACK FOR CHANGEOLINE HACKATHONIN RESPONSE TO RISING INEQUALITY AND ASIAN HATE CRIMES, OUR FOUNDATION PARTNERED WITH AAPI COMMUNITY, ORGANIZED AND HELD AN ONLINE HACKATHON, RALLIED PEOPLE WITH EXPERIENCE IN ENGINEERING, PRODUCT AND DESIGN, TO BUILD CREATIVE TECHNICAL SOLUTIONS TO BRING POSITIVE SOCIAL CHANGE AND STOP ASIAN HATE. THIS EVENT WAS HELD BETWEEN MAY 2021 TO JUNE 2021 AND HUNDREDS OF PEOPLE JOIN THE COMPETITION
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 |
|---|---|---|---|
Hongzhong Jia CEO | 2 | $0 | |
Wei Chen Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,921 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,972 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $312,214 |
| Capital Gain Net Income | $312,214 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $437,107 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,610 |
| Depreciation | $204 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55,859 |
| Total operating and administrative expenses | $64,323 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $64,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,146 |
| 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 | $2,859,146 |
| Net Land, buildings, and equipment | $307 |
| Other assets | $1,133 |
| Total assets | $3,121,080 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Graduates San Francisco, CA | $3,883,649 | $11,314,485 |
New Tech Network Inc Napa, CA | $12,877,956 | $13,662,524 |
Oregon State University Bookstore Inc Corvallis, OR | $21,771,941 | $7,845,956 |
D-Veal Corporation Pasadena, CA | $1,060,148 | $8,616,279 |
Interfaith Food Center Santa Fe Springs, CA | $886,631 | $8,408,786 |
Educational Results Partnership Sacramento, CA | $3,391,130 | $3,866,159 |
Caremessage San Francisco, CA | $6,898,629 | $10,594,129 |
Core Districts Sacramento, CA | $6,393,095 | $5,685,377 |
Golden Oak Manor Inc San Rafael, CA | $6,249,784 | $2,003,606 |
Great Schools Oakland, CA | $7,609,862 | $7,265,817 |
Krishnamurti Foundation Of America Ojai, CA | $22,733,615 | $8,821,741 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |