We Hope
- Assets
- $4.7m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 171
- Location
- East Palo Alto, CA
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 94-3342713
Organization Overview
We Hope is located in East Palo Alto, CA. The organization was established in 2000. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, We Hope employed 171 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. We 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 12/2021, We Hope generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $7.5m during the year ending 12/2021. While expenses have increased by 36.4% 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
HELP THE UNHOUSED, HOMELESS AND THOSE AT-RISK IN REBUILDING THEIR LIVES THROUGH A CUSTOMIZED SUPPORTIVE HOUSING PROGRAM CUSTOMIZED TO THE NEEDS OF EACH CLIENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTIVE HOUSING AND CARE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Bains President/co-Founder | OfficerTrustee | 40 | $196,378 |
Thomas J Clark Director Of Mobile Services | 40 | $109,118 | |
Alicia Garcia Executive Vice President | 40 | $104,591 | |
Cheryl Bains Dir Of Hr/secretary | OfficerTrustee | 30 | $69,049 |
Jonathon Bunce Board Chair | OfficerTrustee | 4 | $0 |
Robert Sherrard Vice/finance Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,283,747 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,285,508 |
| Noncash contributions included in lines 1a–1f | $396,110 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,569,255 |
| Total Program Service Revenue | $0 |
| Investment income | $90 |
| 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 | $7,572,079 |
| 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. | $287,113 |
| Compensation of current officers, directors, key employees. | $31,032 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,498,583 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $309,826 |
| Payroll taxes | $502,049 |
| 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 | $168,992 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,750 |
| Travel | $26,095 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,616 |
| Interest | $12,114 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $286,975 |
| Insurance | $98,577 |
| All other expenses | $46,214 |
| Total functional expenses | $7,496,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $314,826 |
| Savings and temporary cash investments | $28,239 |
| Pledges and grants receivable | $1,678,305 |
| Accounts receivable, net | $12,966 |
| 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 | $2,565,961 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $116,815 |
| Total assets | $4,717,112 |
| Accounts payable and accrued expenses | $303,187 |
| Grants payable | $0 |
| Deferred revenue | $29,385 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $45,534 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $688,712 |
| Unsecured mortgages and notes payable | $300,480 |
| Other liabilities | $140 |
| Total liabilities | $1,367,438 |
| Net assets without donor restrictions | $2,372,139 |
| Net assets with donor restrictions | $977,535 |
| 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 | $4,717,112 |
Grants Awarded
Over the last fiscal year, We Hope has awarded $79,197 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Oakland, CA PURPOSE: TO SUPPORT THE ORGANIZATION | $71,547 |
ALPHA PRIME VOLLEYBALL CLUB PURPOSE: TO SUPPORT THE ORGANIZATION | $7,650 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that We Hope has recieved totaling $574,187.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Human Services | $381,100 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $50,064 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $46,473 |
The Palo Alto Community Fund Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
Kaiser Foundation Hospitals Oakland, CA PURPOSE: Mobile Homeless Services To Vehicle Dwellers And E | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $21,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodcraft Rangers Los Angeles, CA | $7,179,034 | $18,872,695 |
Californians Dedicated To Education Foundation San Francisco, CA | $5,632,923 | $12,853,124 |
Coalition For Responsible Community Development Los Angeles, CA | $20,510,086 | $22,552,371 |
Young Community Developers San Francisco, CA | $10,175,438 | $17,514,811 |
Community Youth Center Of San Francisco San Francisco, CA | $17,880,445 | $17,282,098 |
Kupu Honolulu, HI | $10,299,309 | $11,230,476 |
Kids Unlimited Of Oregon Medford, OR | $20,008,929 | $11,933,756 |
Hunters Point Family San Francisco, CA | $3,079,045 | $12,434,856 |
Alliance For A Healthier Generation Inc Portland, OR | $19,826,978 | $16,732,492 |
Conservation Corps Of Long Beach Long Beach, CA | $9,166,980 | $11,871,279 |
We Hope East Palo Alto, CA | $4,717,112 | $7,572,079 |
San Francisco City Impact San Francisco, CA | $1,094,213 | $7,113,381 |