Nonprofit · EIN 47-1788053
RAISINGHOPE INC
Tax-exempt · THOUSAND OAKS, CA 91360
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $722,297 | $635,496 | $86,801 | $171,468 | $0 | $171,468 |
| December 31, 2023 | 990 | $440,598 | $439,236 | $1,362 | $84,667 | $0 | $84,667 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $641,634
- of which government grants
- $219,195
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $80,663
- Other revenue
- $80,663
Expenses
- Grants and similar amounts paid
- $344,178
- Compensation of officers, directors and key employees
- $108,906
- Other salaries and wages
- $123,034
- Salaries, compensation and benefits (total)
- $244,756
- Professional fundraising fees
- $0
- Accounting fees
- $4,100
- Occupancy
- $5,000
- Travel
- $841
- Depreciation
- $580
- Program services (functional)
- $571,777
- Management and general (functional)
- $45,272
- Fundraising (functional)
- $18,447
Balance sheet and other
- Total assets, start of year
- $84,667
- Total assets, end of year
- $171,468
- Total liabilities, end of year
- $0
- Net assets, end of year
- $171,468
- Land, buildings and equipment
- $290
- Net assets without donor restrictions
- $76,468
- Net assets with donor restrictions
- $95,000
- Gross receipts
- $816,493
- Employees
- 7
- Volunteers
- 7
- Year formed
- 2014
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMALANI M BARNETT | EXECUTIVE DI Trustee or director, Officer | 40 | $89,458 |
| DAWN GROOM | SECRETARY Officer | 1 | $19,448 |
| PAUL BLAIR | BOARD PRESID Trustee or director, Officer | 2 | $0 |
| LAURIE SWANK | TREASURER Trustee or director, Officer | 1 | $0 |
| MARK GINZINGER | DIRECTOR Trustee or director | 1 | $0 |
| PAOLINA LASKE | DIRECTOR Trustee or director | 1 | $0 |
| BARBARA PATTERSON | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER COLLINS | DIRECTOR Trustee or director | 1 | $0 |
| JAMES GEWERT | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMALANI M BARNETT | Executive Dir. Trustee or director, Officer | 40 | $82,750 |
| DAWN GROOM | Emeritus Member Officer | 20 | $17,952 |
| DAVID COLLINS | Treasurer Trustee or director, Officer | 0 | $0 |
| MARK GINZINGER | Director Trustee or director | 0 | $0 |
| REBECCA CRAMER | Secretary Trustee or director, Officer | 0 | $0 |
| LYNDSEY GALLAGHER | Director Trustee or director | 0 | $0 |
| PAUL BLAIR | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1534 N MOORPARK RD STE 213, THOUSAND OAKS, CA 91360-5129
- Principal officer (990 for 2024)
- TAMALANI M BARNETT, 1534 NORTH MOORPARK RD 213, THOUSAND OAKS, CA 91360
- Signed the 990
- TAMALANI M BARNETT, EXECUTIVE DIRECTOR
- Phone
- (805) 491-5439
- Website
- HTTP://WWW.RAISINGHOPE.ORG
- Return prepared by
- ALLISON & GIBB LLP
Mission
RAISINGHOPE EMPOWERS YOUTH EXPERIENCING FOSTER CARE TO INDEPENDENCE THROUGH RESOURCES AND RELATIONSHIPS.
Program accomplishments
- HOUSING NAVIGATION - WE WORK WITH YOUTH THAT ARE AGING OUT OF THE FOSTER SYSTEM TO MAKE SURE THEY ARE PREPARED TO FIND AND SECURE THEIR OWN LIVING SITUATION. AHEAD OF THEIR MOVE, WE DISCUSS BUDGETING, CREDIT, EMPLOYMENT, HOW TO INTERACT WITH A LANDLORD, AND ROOMMATE SKILLS. WE WILL ALSO HELP TO LOCATE POSSIBLE RESIDENCES. RAISINGHOPE ASSISTS WITH THEIR FIRST MONTH'S RENT AND SECURITY DEPOSIT. WE SERVED 126 YOUTH AND 28 MINOR CHILDREN.Expenses $152,095 · grants $123,178
- TRANSPORTATION - WE TAKE REQUESTS FOR CAR PURCHASES, REPAIRS, ASSISTANCE WITH ACCIDENTS OR EMERGENCIES, AND INSURANCE. IN PREPARATION FOR A PURCHASE, WE DETERMINE HOW MUCH MONEY THE YOUTH HAS SAVED AND IF THEY HAVE THE INCOME TO SUPPORT GAS, INSURANCE AND MINOR REPAIRS FOR THE CAR PURCHASED. WE ASSIST THEM WITH LOCATING AND PURCHASING THE CAR, ADDING TO THE FUNDS THAT THEY HAVE SAVED SO THAT THEY CAN PURCHASE RELIABLE, BASIC TRANSPORTATION TO SCHOOL AND WORK. WE ASSIST WITH DMV PAPERWORK AND INSURANCE AND PROVIDE ASSISTANCE WITH REPAIRS AND MAINTENANCE. 79 YOUTH WERE ASSISTED WITH TRANSPORTATION.Expenses $95,184 · grants $95,184
- ILP - INDEPENDENT LIVING SKILLS CLASSES ARE GEARED TOWARDS OLDER TEENS AND YOUNG ADULTS. THE CLASSES COVER HOW TO OPEN AND MAINTAIN BANK ACCOUNTS, CREDIT CARDS AND LOANS, BUDGETING AND SAVING, RENTING AN APARTMENT, RELATIONSHIP SKILLS, COLLEGE SERVICES, GROCERY SHOPPING AND MEAL PREPARATION. WE INCLUDE VISITS TO COLLEGE CAMPUSES INCLUDING PEPPERDINE, UCSB, MOORPARK, AND OXNARD COLLEGES. 98 YOUTH ATTENDED OUR CLASSES.Expenses $53,717 · grants $12,831
- MENTORING & LIFE COACHING - WE MATCH YOUTH WITH A TRAINED ADULT MENTOR THAT MEETS WITH THE YOUTH REGULARLY TO ADVISE, SUPPORT AND ENCOURAGE THEM THROUGH LIFE. THE RESULTING RELATIONSHIPS OFTEN BECOME THE CORE SUPPORT SYSTEM IN THE YOUTH'S LIFE. OUR PROGRAM WAS MODIFIED TO INCLUDE A COACHING SKILL ASPECT FOR OUR MENTORS. FINANCIAL SUPPORT - REQUESTS FOR IMMEDIATE OR EMERGENCY NEEDS FOR THOSE NOT COVERED BY OTHER PROGRAMS ARE FULFILLED THROUGH FINANCIAL SUPPORT. THE REQUESTS INCLUDE ASSISTANCE WITH RENT, UTILITIES, FOOD, CLOTHING, CAR REPAIRS OR INSURANCE, SPECIAL TRAINING OR SCHOOL SUPPLIES. WE RECEIVED 271 REQUESTS FROM YOUTH FOR FINANCIAL SERVICES. APPROXIMATELY 90% OF THESE REQUESTS WERE GRANTED. COLLEGE TOURS - WE TOOK ABOUT 30 YOUTH ON OVERNIGHT TRAVEL TOURS OF COLLEGES. ONE TRIP WAS UP NORTH TO VISIT UCDAVIS AND SONOMA STATE UNIVERSITY; ONE TRIP WAS TO SAN DIEGO TO SEE UCSD AND TOUR AN ACTIVE AIR CRAFT CARRIER. YOUTH LEARNED SO MUCH ABOUT COLLEGE AND EVEN EXPERIENCED BOWLING AT THE STUDENT CENTER AND TOURIST SPOTS ALONG THE WAY. HOLIDAYS OF HOPE IS AN OPEN HOUSE EVENT WITH FAMILY-CENTERED ACTIVITIES, FOOD AND BEVERAGES. YOUTH ARE GIVEN A PERSONAL GIFT OF THEIR CHOICE. OVER 200 YOUTH RECEIVED GIFTS.Expenses $270,781 · grants $112,985
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1788053
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P30)
- Assets (IRS master file)
- $171,468
- Income (IRS master file)
- $816,493
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $722,297 | $635,496 | $171,468 | IRS |
| 990 | December 2023 | $440,598 | $439,236 | $84,667 | XML |
| 990 | December 2022 | $418,499 | $382,809 | $83,305 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about RAISINGHOPE INC
- What is the EIN of RAISINGHOPE INC?
- The employer identification number (EIN) of RAISINGHOPE INC is 47-1788053.
- Is RAISINGHOPE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to RAISINGHOPE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RAISINGHOPE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RAISINGHOPE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAISINGHOPE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RAISINGHOPE INC?
- The 990 for the year ended December 31, 2024 names TAMALANI M BARNETT.
- Who are the officers and directors of RAISINGHOPE INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $89,458 (TAMALANI M BARNETT, EXECUTIVE DI).
- How much revenue does RAISINGHOPE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $722,297, expenses of $635,496 and total assets of $171,468 at year end.
Other nonprofits in THOUSAND OAKS
- YOUNG MENS CHRISTIAN ASSOCIATION OF SOUTHEAST VENTURA COUNTY EIN 95-2305501 · last filed 990 for 2025
- CONEJO VALLEY SENIOR CONCERNS EIN 95-2992927 · last filed 990 for 2025
- HARBOR HOUSE EIN 38-4100881 · last filed 990 for 2024
- ASSISTANCE LEAGUE OF CONEJO VALLEY EIN 95-4537993 · last filed 990 for 2025
- BEYOND US & THEM EIN 92-3866280 · last filed 990 for 2024
- SOCIETY OF SAINT VINCENT DE PAUL ST PASCHAL BAYLON CONFERENCE EIN 27-1002063 · last filed 990 for 2025
- GOEBEL SENIOR CENTER COMMISSION INC EIN 95-3474700 · last filed 990 for 2025
- MOTOR FOR TOYS CHARITABLE FOUNDATION EIN 47-0960486 · last filed 990 for 2025
All nonprofits in THOUSAND OAKS · California · Human services