Civic Intelligence

Driving Hope Foundation

990EZ • Fiscal year 2023 • EIN 81-4252516

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 07, 2024

Organization Profilewww.southbayhope.com
1491 e 28th stsignal hill, CA 90755

(562) 714-0597

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

37th percentile

-2.3%

Higher net margin than 37% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$30,400

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

28th percentile

-14%

Faster asset growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

82nd percentile

56%

Faster revenue growth than 82% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$20,578

Down $3,302 (-14%) from 2022

Net Assets

Down

$20,578

Down $3,302 (-14%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin37th percentile

Revenue

Up

$141,850

Up $50,955 (+56%) from 2022

Expenses

Up

$145,152

Up $77,265 (+114%) from 2022

Net Income

Down

-$3,302

Down $26,310 (-114%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0Assets 2022: $23,880Liabilities 2022: $0Net Assets 2022: $23,8802022Assets 2023: $20,578Liabilities 2023: $0Net Assets 2023: $20,5782023Assets 2024: $16,626Liabilities 2024: $0Net Assets 2024: $16,6262024

Highlighted filing

2023

Assets$20,578
Liabilities$0
Net Assets$20,578
Open 2023 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2022: $90,895Expenses 2022: $67,887Net Income 2022: $23,0082022Revenue 2023: $141,850Expenses 2023: $145,152Net Income 2023: -$3,3022023Revenue 2024: $218,129Expenses 2024: $222,081Net Income 2024: -$3,9522024

Highlighted filing

2023

Revenue$141,850
Expenses$145,152
Net Income-$3,302
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 7, 2024
Return Version
2023v5.1
Gross Receipts
$141,850
Mission and Program Overview

Mission

To provide vocational training and workforce development services to underserved communities

Program Services

DescriptionGrantsExpenses
Our workforce development program provided vocational training and financial literacy services to over 75 individuals from our local underserved communities within Los Angeles County.$0$145,152
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward HinojosaInstructorPT$30,400-$30,400
Filing and Contact Details

Filer

Filer Name
Driving Hope Foundation
EIN
81-4252516
In Care Of
% Manny Garcia
Address
1491 e 28th st, signal hill, CA 90755

Signing Officer

Name
Manuel Garcia
Title
Executive Director
Signed
2024-10-07
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part II, line 24

“| Asset Name:, BOY Amount:, EOY Amount:| Inventory, 0, $18400|”

Raw XML Appendix119 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Manuel Garcia
IRS990EZ/BooksInCareOfDetail/PhoneNum05627140597
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01491 e 28th st
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0signal hill
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090755
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023880
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02178
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0141850
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3302
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023880
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020578
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0141850
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt023880
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020578
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt023880
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020578
IRS990EZ/OccupancyRentUtltsAndMaintAmt049505
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt030400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Edward Hinojosa
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Instructor
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt018400
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide vocational training and workforce development services to underserved communities
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Our workforce development program provided vocational training and financial literacy services to over 75 individuals from our local underserved communities within Los Angeles County.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0145152
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt095647
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0145152
IRS990EZ/TotalProgramServiceExpensesAmt0145152
IRS990EZ/TotalRevenueAmt0141850
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.southbayhope.com
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Driving Hope Foundation publicizes its racially nondiscriminatory policy through various methods, including posting the policy on our organization's website and including it in all student registration forms and informational materials. We also ensure that the policy is displayed prominently at our facility.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Driving Hope Foundation has consistently received financial aid from governmental agencies, including the Care First Community Investment (CFCI) program through LA County, without any revocation or suspension of such aid. All requirements and terms of the financial assistance have been met and maintained in compliance with the granting agency's policies.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Part 1, line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Part 1, line 6
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Asset Name:, BOY Amount:, EOY Amount:| Inventory, 0, $18400|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, line 24
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Manuel Garcia
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DRIVING HOPE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DRIV
ReturnHeader/Filer/EIN0814252516
ReturnHeader/Filer/ForeignPhoneNum05627140597
ReturnHeader/Filer/InCareOfNm0% Manny Garcia
ReturnHeader/Filer/USAddress/AddressLine1Txt01491 e 28th st
ReturnHeader/Filer/USAddress/CityNm0signal hill
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090755
ReturnHeader/ReturnTs02024-10-07T03:25:24-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,578
Liabilities
$0
Net assets
$20,578
Revenue
$141,850
Expenses
$145,152
Net income
-$3,302
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$2.18$2.22$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.42$1.45$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.91$0.68$0.23