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Filing year 2024

NEW HOPE FOUNDATION

Culver City, California·EIN 85-4286681·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$1.2M
Total assets
$1.9M
Total expenses
$208k
Reported officers
5
Mission

NEW HOPE FOUNDATION WAS FOUNDED TO ENGAGE IN CHARITABLE ACTIVITIES WITHIN THE SCOPE OF THE INTERNAL REVENUE CODE SECTION 501(C)(3), INCLUDING BUT NOT LIMITED TO, TO SUPPORT AND ASSIST, AND TO MAKE GRANTS AND GIFTS IN AID AND SUPPORT AND ASSISTANCE TO ORPHANAGES, FOR RELIEF OF THE POOR OR DISTRESSED OR HOMELESS OR OF THE UNDERPRIVILEGED, AND FOR THE ADVANCEMENT OF EDUCATION AND SCIENCE; TO COLLECT AND RECEIVE CONTRIBUTIONS AND TO DISPOSE OF FUNDS EXCLUSIVELY FOR CHARITABLE PURPOSES OR OTHERWISE TO ASSIST CORPORATIONS, ORGANIZATIONS OR INSTITUTIONS CARRYING ON SUCH ACTIVITIES AS ARE CONSISTENT WITH THE PURPOSES OF APPLICANT.

Reported officers (all unpaid)

No paid executives reported in 2024. NEW HOPE FOUNDATION reported 5 unpaid officers and board members on its 990.

Board Chair/
President/di
Vp/secretary
Cfo/director
Director
Financial trend

Revenue and expenses over time

NEW HOPE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$17k
$253k
2023
$1.2M
$208k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in California

NEW HOPE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in California earns a median of $70,000.

25th percentile
$24k
Median
$70,000
75th percentile
$162k
90th percentile
$302k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,328 organizations across 1,328 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for California
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