Hope-net is a 501(c)(3) organization based in Los Angeles, California, registered in 1993, with $435,740 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$436K
▼ 6.4% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$488K
Net assets
-$2.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hope-net— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hope-net: 0 mo reserves · -12% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hope-net— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hope-net: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $244K (FY2014) to $436K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-12.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$3.8M
Net assets
-$2.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $435,740▼6.4% | $488,385▼5.8% | -$2,001,469▼2.7% | $1,797,141▲0.1% | 990 |
| 2023 | $465,680▲47.0% | $518,320▲4.0% | -$1,948,824▼2.8% | $1,795,150▲0.6% | 990 |
| 2022 | $316,874▼18.7% | $498,345▲2.4% | -$1,896,184▼10.6% | $1,783,948▼7.4% | 990 |
| 2021 | $389,619▼10.4% | $486,768▼18.1% | -$1,714,713▼6.8% | $1,925,832▼2.5% | 990 |
| 2020 | $434,913▲4.4% | $594,538▲7.9% | -$1,606,241▼11.0% | $1,974,966▼4.8% | 990 |
| 2019 | $416,449▲169% | $550,924▲169% | -$1,446,616▼407% | $2,073,720▼5.3% | 990 |
| 2018 | $154,678▼10.6% | $205,016▼12.3% | $470,795▼9.7% | $2,189,004▼0.6% | 990 |
| 2017 | $173,101▲0.6% | $233,650▲0.1% | $521,133▼10.4% | $2,203,091▼1.5% | 990 |
| 2016 | $172,151▼17.7% | $233,426▼6.9% | $581,682▼9.5% | $2,237,189▼0.8% | 990 |
| 2015 | $209,094▼14.3% | $250,859▼5.9% | $642,957▼6.1% | $2,255,313▼0.2% | 990 |
| 2014 | $243,952 | $266,601 | $684,722 | $2,259,709 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
14 grants to Hope-net totaling $106K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Human services | 2023 | $10,300 |
| Donor Advised Charitable Giving | Human services | 2022 | $10,350 |
| Donor Advised Charitable Giving | Human services | 2021 | $10,300 |
| Donor Advised Charitable Giving | Human services | 2020 | $10,300 |
| Donor Advised Charitable Giving | Human services | 2020 | $10,300 |
| American Online Giving Foundation Inc | General support | 2020 | $6,724 |
| American Online Giving Foundation Inc | General support | 2020 | $6,724 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $6,650 |
| Donor Advised Charitable Giving | Human services | 2019 | $5,050 |
| Donor Advised Charitable Giving | Human services | 2018 | $5,050 |
| Donor Advised Charitable Giving | Religious | 2017 | $5,050 |
| Donor Advised Charitable Giving | Religious | 2016 | $5,050 |
| Donor Advised Charitable Giving | Religious | 2015 | $6,550 |
| Donor Advised Charitable Giving | Religious | 2014 | $8,050 |
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Data for Hope-net (EIN 95-4192021) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.