Nonprofit screen
Screen a listNew Hope Initiative Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.2Mrevenue
FY2024 · +9% in 3 yrs4staff
5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−0.4%
Months of reserve1.4mo
Revenue growth (annualized)−6.6%
Middle half of peersMedianNew Hope Initiative
Where the money goes FY2024 · $1.2M spent
Programs$1.2M98%Management and general$19k2%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$69k in FY2022, −$366k in FY2023 and −$4k in FY2024. Cash covers 1.4 months, under the peer median of 5.2.
990 Part I and balance sheetIn its favor
None found in the filings.
14funders
$19ka year, last 3 years
51%from its largest funder
Funder’17’18’19’20’21’22’23Armanino FoundationOn and off$13kNellie Mae Education Foundation IncOn and off$6kThe Bank of America Charitable Foundation IncNew in FY2023$4kWarren Charitable FoundationNew in FY2023$2kEastern Bank FoundationOn and off$575Donor-advised giftsDonors not disclosed$17k$19k$21k$86k$24k$8k$14k
FundedThrough a donor-advised fund