Hop4kids is located in Castro Valley, CA. The organization was established in 2019. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hop4kids 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 12/2022, Hop4kids generated $101.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $68.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THIS ORGANIZATION SHALL BE CALLING ON NATIONAL, STATE AND LOCAL ENTITIES TO ADOPT THE OVERARCHING GOAL OF CUTTING CHILD POVERTY BY HALF AND DEVELOPING STRATEGIES AND POLICIES TO ACHIEVE THAT GOAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2018, THE ORGANIZATION ENTERED INTO A SPONSORSHIP AGREEMENT WITH D.STYLE AUTO BODY, LLC TO OPERATE A LOCAL PROGRAM DRIVE FORWARD, IN SOUTH SAN FRANCISCO. THE PROGRAM PROVIDES TRANSPORTATION ASSISTANCE TO LOW-INCOME FAMILIES BY OFFERING BELOW-MARKET-RATE USED-CARS OR AUTOMOBILE REPAIR. THE PROGRAM EXPENSE FOR DRIVE FORWARD IS $60,000 AND$125,111 RESPECTIVELY, IN 2022 AND 2021.
IN 2018, THE ORGANIZATION CREATED AN EDUCATION PROGRAM THAT PROVIDE SCHOOL SUPPLIES AND COMPUTER EQUIPMENT TO UNDER-RESOURCED SCHOOLS TO PROVIDE BETTER EDUCATION OPPORTUNITIES AND ENVIRONMENT FOR THE STUDENTS IN THE UNITED STATES OF AMERICA. THE ORGANIZATION IS COMMITTED TOPROVIDING ACCESS TO STRONG TEACHERS SUPPORT AND USING COLLEGE- AND CAREER-READY ASSESSMENTS POLICY AND LEGISLATION THAT SUPPORT ALL STUDENTS. THE PROGRAM EXPENSE FOR THE EDUCATION FUND IS $408 AND $1,352 RESPECTIVELY, IN 2022 AND 2021. IN 2020, THE ORGANIZATION ENTERED INTO AGREEMENTS WITH BERKELEY CHINESE STUDENTS AND SCHOLARS ASSOCIATION (BCSSA), ASPINE HEALTH GROUP AND OTHER ASSOCIATIONS TO RAISE FUND TO PURCHASE PERSONAL PROTECTIVE EQUIPMENT (PPE) AND RESPIRATORY PROTECTIVE EQUIPMENT (RPE) FOR THE LOCAL HOSPITALS AND FIRST RESPONDERS IN THE UNITED STATES. FACED WITH THE GREATEST GLOBAL PANDEMIC IN LIVING MEMORY, THE ORGANIZATION CAME TOGETHER WITH OTHER ASSOCIATIONS IN 2022 AND 2021 AND DONATED A TOTAL OF $0 AND $0, RESPECTIVELY, AS WELL AS THEIR TIME TO HELP THOSE IN NEED. THE DONATIONS WERE USED TO HELP COMMUNITIES IN VARIOUS CRITICAL AREAS, INCLUDING FOODBANKS, SUPPORT FOR PPE, SUPPLIES FOR HOSPITALS AND HOSPICES. DONATIONS FROM MULTIPLE SAMLL EVENTS
COCOA FOR SCHOOLS COMMITTED TO IMPROVING THE LIVES OF COCOA FARMERS AND THEIR FAMILIES IN TANZANIA. KIMS CHOCOLATES WORKS TIRELESSLY TO IMPROVE THE SUBSTRUCTURE FOR EDUCATION IN THE LOCAL COMMUNITIES. OUR TARGET IS TO BUILD, COMPLETE OR RENOVATE 2100 CLASSROOMS IN THE NEXT 10-12 YEARS. IN ADDITION, WE WANT TO DISTRIBUTE 430,000 BOOKS TO THE KIDS. MOREOVER, THE PROJECT ASSISTS FARMERS, INCLUDING TEACHING AGRICULTURAL SKILLS, DISTRIBUTING NEW COCOA SEEDLINGS AND PROVIDING SOLAR ELECTRICITY-GENERATING DEVICES. THEREFORE, WE NEED YOUR DONATION TO COMPLETE OUR COCOA FOR SCHOOLS PROJECT. IN 2018, THE ORGANIZATION CREATED THE FAMILY EMERGENCY FUND FOR FAMILIES FACING FINANCIAL STRUGGLES TO MEET THEIR BASIC NEEDS. THE FUNDING IS AVAILABLE TO LOW-INCOME FAMILIES IN THE UNITED STATES OF AMERICA. THE PROGRAM EXPENSE FOR FAMILY EMERGENCY FUND IS $0 AND $0 RESPECTIVELY, IN 2022 AND 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Siu Kei Kwan Chief Executive Officer | Officer | 0 | $0 |
Nicole Wu Secretary | Officer | 0 | $0 |
Sam Kuang Chief Financial Officer | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $100,975 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $100,975 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $100,975 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $61,604 |
Advertising and promotion | $2,598 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,868 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $541 |
All other expenses | $0 |
Total functional expenses | $68,111 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,980 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $48,980 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $48,980 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $48,980 |