Reignite Hope

Organization Overview

Reignite Hope is located in San Pedro, CA. The organization was established in 2017. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 09/2022, Reignite Hope employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reignite Hope 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 09/2021, Reignite Hope generated $703.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.8% each year . All expenses for the organization totaled $464.4k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RESTORING HOPE AND DIGNITY TO FORMER GANG MEMBERS, EX-OFFENDERS AND THE HOMELESS BY TEACHING THEM JOB SKILLS FOR A CAREER IN WELDING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

160 STUDENTS GRADUATED FROM THE PROGRAM, ALL ARE CERTIFIED BY THE AMERICAN WELDING SOCIETY (AWS) AND ALL THEIR NAMES APPEAR IN THE AWS NATIONAL REGISTRY OF CERTIFIED WELDERS.


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Board, Officers & Key Employees

Name (title)Compensation
Steve D Bunyard
President/direc
$92,156
David Wendorff
Treasurer
$0
William Duncan
Chairman
$0
Hoon Dokko
Secretary
$0
Max Youell
Director
$0
Joe Handley
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$248,278
Government grants $256,471
All other contributions, gifts, grants, and similar amounts not included above$145,198
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$649,947
Total Program Service Revenue$0
Investment income $27
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $164
Miscellaneous Revenue$0
Total Revenue $703,444

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Reignite Hope has recieved totaling $114,009.

Awarding OrganizationAmount
Oarsmen Foundation

Torrance, CA

PURPOSE: FUNDS FOR CHARITY

$50,000
Faithful Servants Foundation

Yorba Linda, CA

PURPOSE: TO SUPPORT EDUCATIONAL PURSUITS

$24,000
Fred And Peggy Hartley Family Foundation

Palos Verdes Peninsula, CA

PURPOSE: TO TRAIN AT RISK VETERANS IN WELDING SKILLS

$20,000
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: POVERTY

$12,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$7,250
Sempra Energy Foundation

San Diego, CA

PURPOSE: EDUCATION

$754
View Grant Recipient Profile

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