Brea H O P E Inc

Organization Overview

Brea H O P E Inc is located in Brea, CA. The organization was established in 1984. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Brea H O P E 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 06/2023, Brea H O P E Inc generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST THE BREA OLINDA UNIFIED SCHOOL DISTRICT IN FINANCING VARIOUS CONSTRUCTION PROJECTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION CONTINUES TO FINANCE CAPITAL ASSETS AND EXISTING DEBT OF THE PREVIOUSLY CONSTRUCTED HIGH SCHOOL FACILITY FOR THE USE BY THE BREA OLINDA UNIFIED SCHOOL DISTRICT.


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Board, Officers & Key Employees

Name (title)Compensation
Brinda Leon
Vice Chairperson
$0
Richard Champion
Secretary/treasurer
$0
Phil D'agostino
Member
$0
Bernie Kilcoyne
Chairperson
$0
Arthur J Roland
Member
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $65,056
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $34,892
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,099,948

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