NonprofitsNew Hope Foundation

Public Foundations

New Hope Foundation

CULVER CITY, CA

Total revenue

$1.2M

Total expenses

$208K

Net assets

$1.9M

Grants received

EIN

854286681

Tax year

2024

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.

Programs

1 program

To 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.

Expenses: $195KGrants: $184K

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue
Investment income$96
Other revenue
Total revenue$1.2M

Expenses

Grants paid$184K
Salaries & benefits
Fundraising
Other expenses$24K
Total expenses$208K
Total assets$1.9M
Net assets$1.9M

People

5 listed

NameRoleCompensation

OMMID FERDOWS

BOARD CHAIR/

Board

DARIUSH HOSSEINI

PRESIDENT/DI

Board

NICOLE A HOSSEINI

VP/SECRETARY

Board

JACOB RASHTI

CFO/DIRECTOR

Board

GILBERT SANCHEZ

DIRECTOR

Board

Details

EIN854286681
NTEE codeT30
Subsection03
Ruling date2021-12
Formed2020
Employees0
NEW HOPE FOUNDATION — Mission, Financials & Grants Received | Grantivo