Civic Intelligence

Hope-Net

EIN 95-4192021 • 501(c)3 • Los Angeles, CA

Profile

The Organizaton was formed to address the hunger and homeless needs of poverty stricken families of the community through the distribution of food, clothing and shelter. Additionally, it develops, owns and operates a 17 unit apartment complex providing housing to families with low household income.

760 S Westmoreland AvenueLos Angeles, CA 90005

n/A

Siviq Scores

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

Liabilities / Assets

98th percentile

2.11x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

8.72x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$75,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

39th percentile

0.1%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-6.4%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,797,141

Up $1,991 (+0.1%) from 2023

Liabilities

Up

$3,798,610

Up $54,636 (+1.5%) from 2023

Net Assets

Down

-$2,001,469

Down $52,645 (-2.7%) from 2023

Revenue

Down

$435,740

Down $29,940 (-6.4%) from 2023

Expenses

Down

$488,385

Down $29,935 (-5.8%) from 2023

Net Income

Down

-$52,645

Down $5 (-0.0%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $2,090,560Liabilities 2010: $1,424,893Net Assets 2010: $665,6672010Assets 2011: $2,122,495Liabilities 2011: $1,451,390Net Assets 2011: $671,1052011Assets 2012: $2,196,335Liabilities 2012: $1,493,260Net Assets 2012: $703,0752012Assets 2013: $2,249,696Liabilities 2013: $1,542,325Net Assets 2013: $707,3712013Assets 2014: $2,259,709Liabilities 2014: $1,574,987Net Assets 2014: $684,7222014Assets 2015: $2,255,313Liabilities 2015: $1,612,356Net Assets 2015: $642,9572015Assets 2016: $2,237,189Liabilities 2016: $1,655,507Net Assets 2016: $581,6822016Assets 2017: $2,203,091Liabilities 2017: $1,681,958Net Assets 2017: $521,1332017Assets 2018: $2,189,004Liabilities 2018: $1,718,209Net Assets 2018: $470,7952018Assets 2019: $2,073,720Liabilities 2019: $3,520,336Net Assets 2019: -$1,446,6162019Assets 2020: $1,974,966Liabilities 2020: $3,581,207Net Assets 2020: -$1,606,2412020Assets 2021: $1,925,832Liabilities 2021: $3,640,545Net Assets 2021: -$1,714,7132021Assets 2022: $1,783,948Liabilities 2022: $3,680,132Net Assets 2022: -$1,896,1842022Assets 2023: $1,795,150Liabilities 2023: $3,743,974Net Assets 2023: -$1,948,8242023Assets 2024: $1,797,141Liabilities 2024: $3,798,610Net Assets 2024: -$2,001,4692024

Highlighted filing

2024

Assets$1,797,141
Liabilities$3,798,610
Net Assets-$2,001,469

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $363,970Expenses 2010: $330,257Net Income 2010: $33,7132010Revenue 2011: $322,294Expenses 2011: $316,856Net Income 2011: $5,4382011Revenue 2012: $325,406Expenses 2012: $293,436Net Income 2012: $31,9702012Revenue 2013: $260,911Expenses 2013: $256,615Net Income 2013: $4,2962013Revenue 2014: $243,952Expenses 2014: $266,601Net Income 2014: -$22,6492014Revenue 2015: $209,094Expenses 2015: $250,859Net Income 2015: -$41,7652015Revenue 2016: $172,151Expenses 2016: $233,426Net Income 2016: -$61,2752016Revenue 2017: $173,101Expenses 2017: $233,650Net Income 2017: -$60,5492017Revenue 2018: $154,678Expenses 2018: $205,016Net Income 2018: -$50,3382018Revenue 2019: $416,449Expenses 2019: $550,924Net Income 2019: -$134,4752019Revenue 2020: $434,913Expenses 2020: $594,538Net Income 2020: -$159,6252020Revenue 2021: $389,619Expenses 2021: $486,768Net Income 2021: -$97,1492021Revenue 2022: $316,874Expenses 2022: $498,345Net Income 2022: -$181,4712022Revenue 2023: $465,680Expenses 2023: $518,320Net Income 2023: -$52,6402023Revenue 2024: $435,740Expenses 2024: $488,385Net Income 2024: -$52,6452024

Highlighted filing

2024

Revenue$435,740
Expenses$488,385
Net Income-$52,645

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$3.80$2.00$0.44$0.49$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.80$3.74$1.95$0.47$0.52$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.78$3.68$1.90$0.32$0.50$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.93$3.64$1.71$0.39$0.49$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.97$3.58$1.61$0.43$0.59$0.16
2019Detailed filing. Detailed filing data is available for this year.$2.07$3.52$1.45$0.42$0.55$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.19$1.72$0.47$0.15$0.21$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.20$1.68$0.52$0.17$0.23$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.24$1.66$0.58$0.17$0.23$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.26$1.61$0.64$0.21$0.25$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.26$1.57$0.68$0.24$0.27$0.02
2013Summary only. Only limited summary data is available for this year.$2.25$1.54$0.71$0.26$0.26$0.00
2012Summary only. Only limited summary data is available for this year.$2.20$1.49$0.70$0.33$0.29$0.03
2011Summary only. Only limited summary data is available for this year.$2.12$1.45$0.67$0.32$0.32$0.01
2010Summary only. Only limited summary data is available for this year.$2.09$1.42$0.67$0.36$0.33$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$439,941
Mission and Program Overview

Mission

The Organizaton was formed to address the hunger and homeless needs of poverty stricken families of the community through the distribution of food, clothing and shelter. Additionally, it develops, owns and operates a 17 unit apartment complex providing housing to families with low household income.

The Organizaton was formed to address the hunger and homeless needs of poverty stricken families of the community through the distribution of food, clothing and shelter.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,177,249$1,112,731▼ $64,518
Investments in Publicly Traded Securities$206,732$232,260▲ $25,528
Cash and Non-Interest-Bearing Accounts$131,805$132,233▲ $428
Prepaid Expenses and Deferred Charges$8,767$13,532▲ $4,765
Accounts Receivable$5,779$2,145▼ $3,634
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,795,150$1,797,141▲ $1,991
Other Assets Total$264,818$304,240▲ $39,422
Liabilities
Other Liabilities$2,058,934$2,125,918▲ $66,984
Mortgage Notes Payable Secured by Investment Property$1,654,868$1,644,613▼ $10,255
Deferred Revenue$3,099$18,643▲ $15,544
Accounts Payable and Accrued Expenses$27,073$9,436▼ $17,637
Total Liabilities$3,743,974$3,798,610▲ $54,636
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,948,824$-2,001,469▼ $52,645
Total Net Assets Fund Balance$-1,948,824$-2,001,469▼ $52,645
Total Liabilities and Net Assets / Fund Balance$1,795,150$1,797,141▲ $1,991

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$534,382$1,786,664-
Other Land Buildings-$16,266-
Land$561,018--
Leasehold Improvements$17,331$87,424-
Other Assets Org$15,670--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Roya MilderExecutive DirectorFT$75,000$75,000

Board Members and Trustees

NameTitle
Brian MilderPresident
Andrew NiemanVice President
Avril LoveMember
Laurie BrownMember
Nydia BarakatMember
Star BrownMember
Floydette GibsonSecretary
Walter EnglerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$82,685
Program Service Revenue
$261,277
Investment Income
$36,833
Other Revenue
$54,945
All Other Contributions
$75,683
Change in Net Assets
$-52,645

Audited Revenue Reconciliation

Revenue per Audited Statements
$174,463
Revenue Not Reported on Financial Statements
$261,277
Revenue Not Reported on Form 990
$42,012
Other Revenue Adjustments
$261,277
Total Revenue per Audited Statements
$216,475
Total Revenue per Form 990
$435,740
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$407,535
Salaries, Compensation, and Employee Benefits$80,850
Total Fundraising Expense$9,172
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$60,000$7,500$7,500$75,000
Interest$42,012--$42,012
Fees for Services Accounting$5,950$5,950-$11,900
Occupancy-$8,400-$8,400
Payroll Taxes$4,680$585$585$5,850
Insurance$2,487$2,189$298$4,974
Other Expenses$14,561$263$789$1,052
All Other Expenses-$506-$506
Travel-$90-$90
Total Functional Expenses$447,638$31,575$9,172$488,385

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$488,385
Expenses Not Reported on Financial Statements$313,747
Other Expense Adjustments$313,747
Expenses per Audited Statements$174,638
Total Expenses per Audited Statements$174,638
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$50,746
Fundraising Direct Expenses$4,201
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Taste of Larchmont$50,746$50,746$4,201$46,545
Total Events$50,746$50,746$4,201$46,545
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$2,086,825
Due to General Partner$24,539
Tenant Security Deposits$14,554
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The Executive Director reviews and approves Form 990. All Board Members are notified that the return is available to them for review prior to the final submission.

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

Any board or staff member who is involved in the decision making process of the Organization should inform the members who are incharge of governance of any conflict of interest as soon as such information is available. Those members with conflict should not participate in discussions or vote on matters affecting such transactions.

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

The Executive Committee meets annually to determine compensation of the Executive Director.

Form 990, Part VI, Section C, Line 19

The Organization is the custodian of governing documents and financial records and upon request can make them available to the public.As noted in Section B / Question 12(a) the Organization retain written conflict of interest policy and can make it available for public inspection.

Filing and Contact Details

Filer

Filer Name
Hope-net
EIN
95-4192021
Phone
2133899949
Address
760 S WESTMORELAND AVENUE, LOS ANGELES, CA 90005

Signing Officer

Name
Roya Milder
Title
Executive Director
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
1

Preparer

Firm
Hoffman Short an Accountancy Corp
Address
1037 PARK VIEW DR, COVINA, CA 91724
Preparer
Joanne Hoffman
Phone
6269320100
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Interest revenue from pass through grant $42012

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Revenue from Partnership Interest $261277

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Expenses from Partnership Interest $313747

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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/ProgSrvcAccomActy2Grp/Desc0The Organization operates food pantries in the greater Los Angeles metro area offering emergency food as available to homeless people.
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