Home Of Hope Inc
- Assets
- $813.4k
- Revenue
- $743.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsborough, CA
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 94-3342348
Organization Overview
Home Of Hope Inc is located in Hillsborough, CA. The organization was established in 2000. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Of Hope Inc 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 12/2021, Home Of Hope Inc generated $743.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $609.6k during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATIONS MISSION IS TO PROVIDE OPPORTUNITIES WHICH EMPOWER DISADVANTAGED AND UNDERPRIVIGED YOUTH TO BECOME SELF SUSTAINING ADULTS OF TOMORROW. IN ADDITION, THE ORGANIZATION WOULD LIKE TO HELP RURAL PEOPLE GET COVID19 VACCINES AND RESCUE YOUNG GIRLS FROM HUMAN TRAFFICKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER PROJECTS
MANOVIKAS CHARITABLE SOCIETY
UDAYAN CARE-HOH HAS HELP FUND THE DEVELOPMENT OF THE MENTAL HEALTH PROGRAM, PROVIDED THE STAFF FOR MENTAL HEALTH REHABILITATION, AND PROVIDED ACCESS TO COMPUTER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neeti Sandhu Director | Trustee | 2 | $0 |
Pat Kumar Treasurer | Trustee | 2 | $0 |
Simmi Bhargava Director | Trustee | 2 | $0 |
Sangeeta Relan Director | Trustee | 2 | $0 |
Renuka Pandit Secretary | Trustee | 2 | $0 |
Neelam Bhavnani Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $743,045 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $743,045 |
| 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 | $743,045 |
| 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 | $596,810 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $609,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $799,415 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,935 |
| 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 | $813,350 |
| 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 | $813,350 |
| 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 | $813,350 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Home Of Hope Inc has recieved totaling $146,394.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $110,329 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $18,000 |
Agarwal Foundation San Francisco, CA PURPOSE: ASSISTANCE TO UNDERPRIVILEGED AND ABANDONED CHILDREN | $10,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $7,700 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $365 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dream Center Foundation A California Non Profit Corporation Los Angeles, CA | $35,184,987 | $26,309,284 |
Connections For Children Los Angeles, CA | $5,706,672 | $17,856,000 |
Andre Agassi Foundation For Education Las Vegas, NV | $0 | $4,556,669 |
Give Foundation Inc San Ramon, CA | $1,969,969 | $6,365,331 |
Humangood Foundation West Duarte, CA | $80,965,021 | $8,515,405 |
Southeastern Arizona Community Action Program Inc Safford, AZ | $455,386 | $2,811,093 |
Leoa Foundation Loomis, CA | $6,988 | $2,417,315 |
Stater Bros Charities San Bernardino, CA | $4,078,783 | $4,166,835 |
Another Round Another Rally Phoenix, AZ | $1,059,733 | $1,710,638 |
Foster Family Charitable Foundation Stockton, CA | $29,209,891 | $2,797,877 |
Southern Oregon Friends Of Hospice Medford, OR | $5,540,085 | $3,156,686 |
Phoenix Suns Charities Inc Phoenix, AZ | $1,755,436 | $2,395,370 |