2026-02-19T18:21:50-06:00 2025-06-30 475022353 JURATE GULBINAS CPA INC 4515 OCEAN VIEW BLVD SUITE 100 LA CANADA FLINTRIDGE CA 91011 990 2024-07-01 330905269 SCHOLARS' HOPE FOUNDATION SCHO 7142745142 11947 VALLEY VIEW ST GARDEN GROVE CA 92846 COLLEEN A MENSEL PRESIDENT 7142745142 2026-02-19 1 0 JURATE GULBINAS P01356079 6263142845 2026-02-19 2024 2025-03-06 01:10:19Z COLLEEN A MENSEL 127054 0 X WWW. SCHOLARSHOPE.ORG X 2000 CA TO INSPIRE AND GUIDE OUR YOUTH TO BUILD CONFIDENCE FOR SUCCESS IN HIGHER EDUCATION 6 6 5 15 4737 0 181061 122317 0 0 5563 4737 0 0 186624 127054 0 0 0 0 216905 222818 0 0 29004 87053 90037 303958 312855 -117334 -185801 740857 579959 67947 46365 672910 533594 TO INSPIRE AND GUIDE YOUTH TO BUILD CONFIDENCE FOR SUCESS IN HIGHER EDUCATION.SCHOLAR' HOPE FOUNDATION PREPARES STUDENTS FOR THE ACADEMIC AND SCHOOL SOCIAL-EMOTIONAL CHALLENGES OF LIFE. OUR RESEARCHED BASED AND RESULTS. 0 0 245849 SCHOLARS' HOPE FOUNDATION PREPARES STUDENTS THE ACADEMIC ANDDRIVEN CURRICULUM IS MAKING AN UNDENIABLE IMPACT ON YOUTH. THIS IMPACTIS DEMONSTRATED THROUGH HIGHER GPA'S, HIGHER COLLEGE ELIGIBILITY ANDPREPAREDNESS FOR THE DEMANDS OF COLLEGE. 245849 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 5 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X COLLEEN MENSEL 7142745142 17820 52ND AVENUE STANWOOD WA 98292 MARK CZEPIEL TREASURER 4.00 X X 0 0 0 TONI GREGORY SECRETARY 2.00 X X 0 0 0 RONI ELLIS CHAIR 2.00 X X 0 0 0 STAN MULLIN VICE CHAIR 4.00 X X 0 0 0 CAMERON JALBERT DIRECTOR 2.00 X 0 0 0 DEDE RAVENHORST MARKEL DIRECTOR 2.00 X 0 0 0 COLLEEN A MENSEL PRESIDENT & CEO 40.00 X 123970 0 0 123970 0 0 1 0 0 0 0 122317 122317 4737 4737 127054 0 4737 0 123970 123970 79814 79774 40 19034 18713 321 75 75 28925 12125 16800 4135 260 537 3338 7068 6120 948 954 954 3723 3723 25580 8411 17169 SUPPLIES 8312 1252 4162 2898 BANK CHARGES 6033 65 5968 PROGRAM REWARDS 2569 2569 PAYROLL PROCESSING EXPE 2560 2560 103 103 312855 245849 38002 29004 55573 35115 172781 29912 2771 5475 27911 27911 0 0 509732 509457 740857 579959 1842 160 66105 46205 67947 46365 X 495804 397594 177106 136000 672910 533594 740857 579959 -185801 46486 0 X X 0 0 0 X 333876 321056 315613 181061 122317 1273923 333876 321056 315613 181061 122317 1273923 524400 749523 4023 2476 2660 5563 4026 18748 1292671 0.57980 0.64530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 477071 49462 45335 5519 475679 455072 92536 70537 477071 455072 455072 470118 -9852 5194 455072 531637 295 118447 174500 5761 470118 1.00000 1 0 27911 27911 0 0 FISCAL INTEREST ENDOWMENT 475680 C OTHER RECEIVABLE 33777 C 509457 ACCRUED VACATION AND PAYROLL 46205 46205 X X X X 0 0 0 0 0 0 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS VOTES ON THE CEO'S COMPENSATION. FORM 990, PART I, LINE 1 SCHOLARS' HOPE FOUNDATION PREPARES STUDENTS THE ACADEMIC AND SOCIAL-EMOTIONAL CHALLENGES OF LIFE. OUR RESEARCHED BASED AND RESULTS DRIVEN CURRICULUM IS MAKING AN UNDENIABLE IMPACT ON YOUTH. THIS IMPACT IS DEMONSTRATED THROUGH HIGHER GPA'S, HIGHER COLLEGE ELIGIBILITY AND PREPAREDNESS FOR THE DEMANDS OF COLLEGE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 6 MEMBERS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - FUTURE MEMBERS ARE NOMINATED BY INDIVIDUALS ASSOCIATED WITH THE FOUNDATION, AND ARE ELECTED BY THE EXISTING BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - DECISIONS ARE VOTED AND APPROVED BY THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FINANCE COMMITTEE OF THE BOARD REVIEWS THE 990 AND PRESENTS IT TO THE BOARD FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER AND EMPLOYEE COMPLETES A CONFLICT OF INTEREST POLICY FORM EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWED THE FOLLOWING DOCUMENTS; OPPORTUNITYKNOCKS.ORG'S WAGE & BENEFIT REPORT, AND THE CENTER FOR NON-PROFIT MANAGEMENT'S COMPENSATION AND BENEFITS SURVEY CENTRAL AND SOUTHERN CALIFORNIA. THE SALARIES FOR ALL EMPLOYEES, OTHER THAN THE CEO, ARE REVIEWED BY THE CEO AND THEN PRESENTED TO THE FINANCE COMMITTEE THROUGH THE BUDGET PROCESS AS A BUDGETED EXPENSE. THE EXECUTIVE COMMITTEE REVIEWED THE FOLLOWING DOCUMENTS; OPPORTUNITYKNOCKS.ORG'S WAGE & BENEFIT REPORT, AND THE CENTER FOR NON-PROFIT MANAGEMENT'S COMPENSATION AND BENEFITS SURVEY CENTRAL AND SOUTHERN CALIFORNIA. THE CEO'S COMPENSATION WAS APPROVED BY THE BOARD OF DIRECTORS BY INDEPENDENT VOTE UPON RECOMMENDATION OF THE EXECUTIVE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023 FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON REQUEST AND ON ITS WEBSITE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWED THE FOLLOWING DOCUMENTS: OPPORTUNITYKNOCKS.ORG'S WAGE & BENEFIT REPORT, AND THE CENTER FOR NON-PROFIT MANAGEMENT'S COMPENSATION AND BENEFITS SURVEY CENTRAL AND SOUTHERN CALIFORNIA. THE SALARIES FOR ALL EMPLOYEES, OTHER THAN THE CEO, ARE REVIEWED BY THE CEO AND THEN PRESENTED TO THE FINANCE COMMITTEE THROUGH THE BUDGET PROCESS AS A BUDGETED EXPENSE. THE EXECUTIVE COMMITTEE REVIEWED THE FOLLOWING DOCUMENTS: OPPORTUNITYKNOCKS.ORG'S WAGE & BENEFIT REPORT, AND THE CENTER FOR NON-PROFIT MANAGEMENT'S COMPENSATION AND BENEFITS SURVEY CENTRAL AND SOUTHERN CALIFORNIA. THE CEO'S COMPENSATION WAS APPROVED BY THE BOARD OF DIRECTORS BY INDEPENDENT VOTE UPON RECOMMENDATION OF THE EXECUTIVE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023 FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND ON ITS WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.