Civic Intelligence

New Hope Home Inc

EIN 95-2534815 • 501(c)3 • Long Beach, CA

Profile

provide affordable housing to elderly persons with low-income in long beach, ca

1150 New York StreetLong Beach, CA 90813

n/A

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

26th percentile

$36,500

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

67th percentile

10%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

297%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,892,165

Up $911,039 (+10%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$9,892,165

Up $911,039 (+10%) from 2023

Revenue

Up

$1,103,541

Up $825,403 (+297%) from 2023

Expenses

Down

$192,502

Down $52,145 (-21%) from 2023

Net Income

Up

$911,039

Up $877,548 (+2620%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $7,516,636Liabilities 2011: $0Net Assets 2011: $7,516,6362011Assets 2012: $19,830,748Liabilities 2012: $19,114,202Net Assets 2012: $716,5462012Assets 2013: $20,865,331Liabilities 2013: $20,585,296Net Assets 2013: $280,0352013Assets 2014: $19,521,177Liabilities 2014: $0Net Assets 2014: $19,521,1772014Assets 2018: $8,550,347Liabilities 2018: $0Net Assets 2018: $8,550,3472018Assets 2019: $8,687,967Liabilities 2019: $0Net Assets 2019: $8,687,9672019Assets 2020: $8,723,317Liabilities 2020: $0Net Assets 2020: $8,723,3172020Assets 2021: $9,027,852Liabilities 2021: $0Net Assets 2021: $9,027,8522021Assets 2022: $8,947,635Liabilities 2022: $0Net Assets 2022: $8,947,6352022Assets 2023: $8,981,126Liabilities 2023: $0Net Assets 2023: $8,981,1262023Assets 2024: $9,892,165Liabilities 2024: $0Net Assets 2024: $9,892,1652024

Highlighted filing

2024

Assets$9,892,165
Liabilities$0
Net Assets$9,892,165

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $7,018,394Expenses 2011: $589,010Net Income 2011: $6,429,3842011Revenue 2012: $555,788Expenses 2012: $1,010,282Net Income 2012: -$454,4942012Revenue 2013: $1,032,687Expenses 2013: $1,509,955Net Income 2013: -$477,2682013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2018: $626,950Expenses 2018: $276,572Net Income 2018: $350,3782018Revenue 2019: $366,812Expenses 2019: $229,192Net Income 2019: $137,6202019Revenue 2020: $288,289Expenses 2020: $252,939Net Income 2020: $35,3502020Revenue 2021: $269,191Expenses 2021: $124,023Net Income 2021: $145,1682021Revenue 2022: $516,528Expenses 2022: $596,745Net Income 2022: -$80,2172022Revenue 2023: $278,138Expenses 2023: $244,647Net Income 2023: $33,4912023Revenue 2024: $1,103,541Expenses 2024: $192,502Net Income 2024: $911,0392024

Highlighted filing

2024

Revenue$1,103,541
Expenses$192,502
Net Income$911,039

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.2
Gross Receipts
$1,103,541
Mission and Program Overview

Mission

provide affordable housing to elderly persons with low-income in long beach, ca

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$8,981,126$9,892,165▲ $911,039
Other Notes and Loans Receivable, Net$6,237,062$6,237,062→ $0
Cash and Non-Interest-Bearing Accounts$1,577,328$2,569,200▲ $991,872
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$8,981,126$9,892,165▲ $911,039
Other Assets Total$1,166,736$1,085,903▼ $80,833
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,981,126$9,892,165▲ $911,039
Total Liabilities and Net Assets / Fund Balance$8,981,126$9,892,165▲ $911,039

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$10,000$10,000
Other Land Buildings-$4,600$4,600
Other Assets Org$121,938--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Debra English-JohnsonSecretary$36,500$36,500
alisha wadeCEO$36,000$36,000

Board Members and Trustees

NameTitle
jabin wadePresident
Lenston MarrowDirector
gillis m monroeDirector
gillis monroe srDirector
milyan mooreDirector
bertha greenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,099,811
Investment Income
$3,730
Other Revenue
$0
Change in Net Assets
$911,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,102
Salaries, Compensation, and Employee Benefits$72,500
Grants and Similar Amounts Paid$10,900
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$36,250$36,250-$72,500
Fees for Services Legal$13,750$13,749-$27,499
Other Expenses$5,773$5,772-$11,545
Grants to Domestic Orgs$10,900--$10,900
All Other Expenses$2,436$2,435-$4,871
Total Functional Expenses$101,703$90,799$0$192,502
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Hope Baptist ChurchLong Beach, CA501(c)(3)program support$10,900
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

THE PRESIDENT AND THE SECRETARY HAVE A familial RELATIONSHIP.

Form 990, Part VI, Section A, Line 3

The rental operation of the residential real property is managed by barker management, inc. Under an agreement approved by hud.

Form 990, Part VI, Section A, Line 4

On 03/08/2021, the organization amended and restated its articles of incorporation to update its purposes to comply with IRC Section 501c3 requirements.

Form 990, Part VI, Section B, Line 11B

A copy of the Form 990 was provided to the CEO for review and comment prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization monitors and enforces its compliance with the conflict of interest policy by requiring each director and officer to disclose, in writing, potential or actual conflicts of interest on an annual basis.

Form 990, Part VI, Section B, Line 15A

It is the organization's policy that compensation of any director, officer, or key employee is reasonable. Reasonableness of compensation to such individuals exceeding a certain amount requires a compensation survey detailing relevant comparability data prior to review and written resolution by a disintereseted board approving the decision.

Form 990, Part VI, Section B, Line 15B

See Response to Form 990, Part VI, Line 15a above.

Form 990, Part VI, Section C, Line 18

The organization's form 1023 and form 990 returns are accessible to the public through the california attorney general charities registry. The organization can also make such documents available upon request.

Form 990, Part VI, Section C, Line 19

Documents subject to public disclosure or inspection are available upon written request made to the organization.

Filing and Contact Details

Filer

Filer Name
New Hope Home Inc
EIN
95-2534815
Phone
5626884113
Address
1150 New York Street, Long Beach, CA 90813

Signing Officer

Name
Debra English-Johnson
Title
Secretary
Signed
2025-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alisha Wade
Formed
1965
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
6
Employees
0

Preparer

Firm
Tovella Dowling PC
Address
501 W Broadway Ste 1540, San Diego, CA 92101
Preparer
Julie U Nguyen Esq
Phone
6199309332
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IRS990/PYGrantsAndSimilarPaidAmt058000
IRS990/PYInvestmentIncomeAmt01203
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0116647
IRS990/PYProgramServiceRevenueAmt0276935
IRS990/PYRevenuesLessExpensesAmt033491
IRS990/PYSalariesCompEmpBnftPaidAmt070000
IRS990/PYTotalExpensesAmt0244647
IRS990/PYTotalRevenueAmt0278138
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0911039
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08981126
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09892165
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03229
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03229
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0513299
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0269191
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0325893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01108383
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03229
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03229
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt01108383
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0513299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0269191
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0325893
IRS990ScheduleA/Total509Grp/TotalAmt01108383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0516528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0269191
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0325893
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01111612
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0-9627
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1973592
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2121938
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0new hope home, llc investment
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1new hope home, lp accrued interest
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2new hope home, lp other rec
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04600
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04600
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01085903
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010900
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0program support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0New Hope Baptist Church
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01160 E New York St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Long Beach
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090813
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT AND THE SECRETARY HAVE A familial RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RENTAL OPERATION OF THE RESIDENTIAL REAL PROPERTY IS MANAGED BY BARKER MANAGEMENT, INC. UNDER AN AGREEMENT APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2On 03/08/2021, the organization amended and restated its articles of incorporation to update its purposes to comply with IRC Section 501c3 requirements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A copy of the Form 990 was provided to the CEO for review and comment prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization monitors and enforces its compliance with the conflict of interest policy by requiring each director and officer to disclose, in writing, potential or actual conflicts of interest on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5It is the organization's policy that compensation of any director, officer, or key employee is reasonable. Reasonableness of compensation to such individuals exceeding a certain amount requires a compensation survey detailing relevant comparability data prior to review and written resolution by a disintereseted board approving the decision.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6See Response to Form 990, Part VI, Line 15a above.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S FORM 1023 AND FORM 990 RETURNS ARE ACCESSIBLE TO THE PUBLIC THROUGH THE CALIFORNIA ATTORNEY GENERAL CHARITIES REGISTRY. THE ORGANIZATION CAN ALSO MAKE SUCH DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Documents subject to public disclosure or inspection are available upon written request made to the organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0New Hope Home Inc
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0275011982
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1262709386
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0true
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.79000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0531110 - lessor of residential bldgs
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1531110 - lessor of residential bldgs
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0New Hope Home LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1NEW HOPE HOME LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01150 New York St
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt11150 NEW YORK STREET
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0Long Beach
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1Long Beach
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd090813
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd190813
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false

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