New Hope Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 854286681 ✦ Culver city, CA ✦ Designated as a 501(c)(3)

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Overview

What is New Hope Foundation?

The New Hope Foundation, headquartered in Culver City, California, operates as a charitable organization under IRS section 501(c)(3). Its purpose is multifaceted, encompassing support and assistance to orphanages, relief for the poor, distressed, homeless, or underprivileged individuals, and the advancement of education and science. The foundation collects and receives contributions, which it then utilizes exclusively for charitable purposes or to aid corporations, organizations, or institutions pursuing compatible objectives. The New Hope Foundation's mission is to engage in various charitable activities, providing aid and support in various forms to those in need.

Is New Hope Foundation legitimate?

New Hope Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of New Hope Foundation?

The New Hope Foundation was established with a charitable purpose, falling under Internal Revenue Code Section 501(C)(3). Its mission includes providing support and assistance to various entities, such as orphanages, the less fortunate, and the underprivileged. Furthermore, the foundation aims to advance education and science, collect contributions, and utilize funds exclusively for charitable purposes. It also extends its support to corporations, organizations, and institutions engaged in activities consistent with its objectives.

Who is the CEO of New Hope Foundation?

Dariush Hosseini is the Board Chair/ of New Hope Foundation.

What is the revenue of New Hope Foundation?

New Hope Foundation's revenue in 2022 was $300,310.

Who are the executives of New Hope Foundation and what are their salaries?


Here are 5 key members and their salaries:


Ommid Ferdows (Board Chair/)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dariush Hosseini (President/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole A Hosseini (Vp/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Rashti (Cfo/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilbert Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Hope Foundation?

New Hope Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Hope Foundation

New Hope Foundation, established under the Internal Revenue Code Section 501(c)(3), is dedicated to engaging in charitable activities. The organization's mission encompasses providing support and assistance to various entities, including orphanages, the poor and distressed, the homeless, and the underprivileged. It also promotes education and scientific advancement. Furthermore, New Hope Foundation collects and receives contributions, aiming to dispose of funds exclusively for charitable purposes. In addition, the foundation assists corporations, organizations, and institutions that are consistent with its charitable objectives.

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Impact




October, 2024

New Hope Foundation makes a significant impact by providing essential support to orphanages and assisting those who are poor, distressed, homeless, or underprivileged. Through targeted grants and gifts, it addresses critical needs, fostering relief and improving the lives of vulnerable populations. The foundation also emphasizes the advancement of education and science, contributing to overall community development. By collecting and managing contributions for charitable purposes, New Hope Foundation aligns with its mission to empower and uplift those in need, ensuring a lasting positive influence in the communities it serves.




This information is meant to be a general summary of New Hope Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$300,310 (2022)
Expenses
$366,654 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $229
  • Gross Receipts: $300,310

Assets and Liabilities:

  • Total Assets: $1,125,930
  • Total Liabilities: $0
  • Net Assets: $1,125,930

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Organization Details

Founding Year

2020

Principal Officer

Dariush Hosseini

Main Address

6029 BRISTOL PARKWAY SUITE 200, CULVER CITY, CA, 90230

NTEE Category

Code: T30 - Philanthropy

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