Civic Intelligence

New Hope Center

EIN 35-2714505 • 501(c)3 • Los Angeles, CA

Profile

To perform the various activities to spread the christianity

921 Crocker StLos Angeles, CA 90021

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.76x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

47th percentile

1.8%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$899,609

Up $16,094 (+1.8%) from 2023

Liabilities

Down

$685,255

Down $17,202 (-2.4%) from 2023

Net Assets

Up

$214,354

Up $33,296 (+18%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $197,543 (-100%) from 2023

Expenses

Down

$81,663

Down $921 (-1.1%) from 2023

Net Income

Down

-$81,663

Down $196,622 (-171%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2023: $883,515Liabilities 2023: $702,457Net Assets 2023: $181,0582023Assets 2024: $899,609Liabilities 2024: $685,255Net Assets 2024: $214,3542024

Highlighted filing

2024

Assets$899,609
Liabilities$685,255
Net Assets$214,354
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2023: $197,543Expenses 2023: $82,584Net Income 2023: $114,9592023Revenue 2024: $0Expenses 2024: $81,663Net Income 2024: -$81,6632024

Highlighted filing

2024

Revenue$0
Expenses$81,663
Net Income-$81,663
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$899,609
Liabilities
$685,255
Net assets
$214,354
Revenue
$0
Expenses
$81,663
Net income
-$81,663
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.00$6.85$2.14$0.00$0.82$0.82
2023Detailed filing. Detailed filing data is available for this year.$8.84$7.02$1.81$1.98$0.83$1.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 2, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

To perform the various activities to spread the christianity

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$883,515$866,313▼ $17,202
Rtn Earn Endowment Incm Other Fnds$181,058$214,354▲ $33,296
Cash and Non-Interest-Bearing Accounts-$33,296-
Total Assets$883,515$899,609▲ $16,094
Liabilities
Mortgage Notes Payable Secured by Investment Property$702,457$685,255▼ $17,202
Total Liabilities$702,457$685,255▼ $17,202
Net Assets / Fund Balance
Total Net Assets Fund Balance$181,058$214,354▲ $33,296
Total Liabilities and Net Assets / Fund Balance$883,515$899,609▲ $16,094

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$637,199$33,687-
Land$229,114--
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
David Sung Soo ChoiC.e.o.
Hyo Sang Lee ChoiC.f.o. & Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-81,663

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$81,663
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$0$34,577$0$34,577
Depreciation Depletion$0$17,202$0$17,202
Other Expenses$0$15,504$0$15,504
Fees for Services Management$0$9,900$0$9,900
Insurance$0$4,480$0$4,480
Total Functional Expenses$0$81,663$0$81,663
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
New Hope Center
EIN
35-2714505
Phone
2133651949
Address
921 CROCKER ST, LOS ANGELES, CA 90021

Signing Officer

Name
David Sung Soo Choi
Title
CEO
Phone
2133651949
Signed
2025-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Sung Soo Choi
Formed
2021
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
5

Preparer

Firm
J & C Tax Services
Address
740 S WESTERN AVE STE 213, LOS ANGELES, CA 90005
Preparer
Andy Choi
Phone
2133834300
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

“NONE”

Pt VI, Line 8B

“NONE”

Pt VI, Line 11B

“NONE”

Pt VI, Line 2

“NONE”

Raw XML Appendix281 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InterestGrp/ManagementAndGeneralAmt034577
IRS990/InterestGrp/ProgramServicesAmt00
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PROPERTY TAX
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02025-11-17T18:23:25-08:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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