Project Hope Ca INC EIN 83-3817469

Project Hope Ca INC FY2023 filing

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Empowering communities to end violence and thrive through mentorship and re-entry services. For fiscal year 2023 it reported $558K in revenue, $459K in expenses, and $102K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Youth Development
Location
Pomona, CA
Website
www.projecthopeca.org
Filings
6 on file (2020–2023)
Revenue
$558KFY2023
Expenses
$459K
Net assets
$102K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  83-3817469 Public charity (501(c)(3)) Pomona, CA Founded 2019
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Empowering communities to end violence and thrive through mentorship and re-entry services.
Leadership
Jaime Espinoza · Treasurer · $57K
Money in and out
$558K revenue, $459K expenses
Bottom line
58% program efficiency
Where the money goes · FY2023
Total revenue
$558K
Pt VIII · Ln 12
Total expenses
$459K
Pt IX · Ln 25
Net assets
$102K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $99K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.42
Program efficiency
58%
of spending reaches programs
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$558K
FY2023▲ +143%
Expenses
$459K
FY2023▲ +104%
Total assets
$102K
FY2023▲ ×29
Total liabilities
$0
FY2023
Total revenue
$558K
Pt VIII · Ln 12
Total expenses
$459K
Pt IX · Ln 25
Net assets
$102K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$99K
Total assetsPt X · Ln 16$102K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $265K of program spending, described in the organization's own filed words · FY2023.
01

Empowering communities through mentorship, re-entry services and community engagement

$265Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Hope Ca INC
EINHdr · item D83-3817469
Principal addressHdr · item CPomona, CA
WebsiteHdr · item Jwww.projecthopeca.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O11)
Ruling yearIRS BMFJul 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$57,460Pt VII · Sec A
$56,020Pt VII · Sec A
$47,863Pt VII · Sec A

Jaime Espinoza’s $57K as Treasurer is at the 5th percentile of top reported officer pay among 1548 $1–10M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2022FY2021
Jaime Espinoza$57,460$7,360$10,800
Armando Torreblanca$56,020$16,520$7,000
Roberta Espinoza$47,863$40,200$11,520

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$558K
Investment income$1
Total revenueLn 12$558K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.42
Program services58%$265K
Management & general42%$194K
Total functional expensesLn 25$459K

Balance Sheet

Part X · end of year
CashLn 1$97K
Total assetsLn 16$102K
Total liabilitiesLn 26$0
Total net assetsLn 32$102K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $97K · Operating expenses/yr $459K
2.5 months
Where the money goes
Program services
Program services $265K · Total expenses $459K
58%
Management & General
Management & general $194K · Total expenses $459K
42%
Fundraising
Fundraising $0 · Total expenses $459K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $394K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $558K · Total revenue $558K
100%
Government reliance
Government grants — · Total revenue $558K
Earned-income share
Program service revenue $0 · Total revenue $558K
0%
Investment reliance
Investment income $1 · Total revenue $558K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $459K
0%
Growth & trend
Revenue growth (YoY)
This year $558K · Prior year $229K
+143%
Net-asset trend (YoY)
End of year $102K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $558K · Expenses $459K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $102K
Net-asset ratio
Net assets $102K · Total assets $102K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $102K
0%
People & payroll
Highest Reported Total Compensation
Individual Jaime Espinoza · Reported title Treasurer · Highest reported compensation $57K · Total expenses $459K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $208K · Total expenses $459K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 42%
Fundraising cost ratio 0%
Revenue growth 143%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 0.8%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$241K
See all 4 funders →
Grants paid · 5 grants · $60K · 2023–2025
Pomona Pride Center INCCA · FY2025$15,000
Rise in Color OrganizationCA · FY2025$10,000
Project ResilienceCA · FY2025$10,000
Project ResilienceCA · FY2023$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.0M revenue · ⤓ 990 PDF
FY2024$554K revenue · ⤓ 990 PDF
FY2023$558K revenue · viewing · ⤓ 990 PDF
FY2022$229K revenue · ⤓ 990 PDF
FY2021$103K revenue · ⤓ 990 PDF
FY2020$10K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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