Children'S Hope Charities

Schedule O:

“Part 1.10. Grants and similar amounts paid. 1. Holy Family Home Bacolod Foundation - $90,000.00; 2. Joseph Gualandi School for Hearing Impaired 0 $3,000.00; 3. Holy Family Home Foundation - $435.00. Part 1.16. Other Expenses. 1. Bank fees - $54.00; 2. Website Maintenance Fee - $350.00; 3. VA State Filing Fees - $234.99; 4. Telephone Connection Cost - $30.00. Total - $669.00. Part 1.20. Other changes in Net Assets or Fund Balances. Noted that that the net asset or fund bank balance at the end of 2020, the first time Childrens Hope Charities filed the 990ez return, was $11,953 and not $11,589. There is then a discrepancy of $364.00 in the 2020 990ez filing. This discrepancy was not picked up when the 2021 990ex filing was filed. We are now making right this discrepancy by adding $364 to the 2021 net asset or fund balance at the end of 2021. Thus in the 2022 990ez filing, it will show the correct Net Assets or Fund balance for 2021 year and the correct Net Assets and Fund Balances for year ending 2022. Our bank statements will show and confirm the balances to be correct. Accounting entries will reflect this correction. Filer checked that Part 2 uses Schedule O. See explanation for Part 1.20 that will reflect the true Net Assets or Fund Balances for 2021 and now reflected correctly in 2022 990ez filing. Filer checked that Part 3 uses Schedule O. Statement of Program Service Accomplishments as follows: Part III Line 28. Wellness and Education Program - $90,000.00 Grant. Under our combined Wellness and Education program, working with professional and accredited staff, CHC provides funding and delivers support to programs in facilities and schools that provide daily nutrition, provides assistance to reach educational goals, psychological development and spiritual guidance to abused street children. The grant to this program provided scholarships and/or stipends to deserving children based on financial need and scholastic achievement. Program funded scholarships for 47 children 2022. Part III Line 29. Education Program - $3,000.00 Grant. Provided scholarship assistance, school supplies, and hearing aids to foru (4) hearing impaired children at the Joseph Gualandi School for Hearing Impaired. Part III Line 30. Wellness Program - $435.00 Grant. Provided to Holy Family Home Foundation, run by the Capuchin Tertiary Sisters, to help with medical and medications for five sisters who contracted Covid. These nuns serve in the safe house for sexually abused girls that CHC have supported since our inception in January 2020.”