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Nonprofit · EIN 85-4286681

NEW HOPE FOUNDATION

Tax-exempt · CULVER CITY, CA 90230

Financials

$17K$253K2023$1.2M$208K2024
Revenue Expenses · by fiscal year end
Financials of NEW HOPE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,189,646$207,532$982,114$1,872,395$0$1,872,395
December 31, 2023990$17,413$253,062-$235,649$890,281$0$890,281
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,189,550
Program service revenue
$0
Investment income
$96
Other revenue
$0

Expenses

Grants and similar amounts paid
$184,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,595
Program services (functional)
$195,474
Management and general (functional)
$12,058

Balance sheet and other

Total assets, start of year
$890,281
Total assets, end of year
$1,872,395
Total liabilities, end of year
$0
Net assets, end of year
$1,872,395
Net assets without donor restrictions
$1,872,395
Gross receipts
$1,189,646
Employees
0
Year formed
2020
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.

NameTitleHours / weekCompensation
OMMID FERDOWSBOARD CHAIR/
Trustee or director
–$0
DARIUSH HOSSEINIPRESIDENT/DI
Trustee or director
–$0
NICOLE A HOSSEINIVP/SECRETARY
Trustee or director
–$0
JACOB RASHTICFO/DIRECTOR
Trustee or director
–$0
GILBERT SANCHEZDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
OMMID FERDOWSBOARD CHAIR/
Trustee or director
–$0
DARIUSH HOSSEINIPRESIDENT/DI
Trustee or director
–$0
NICOLE A HOSSEINIVP/SECRETARY
Trustee or director
–$0
JACOB RASHTICFO/DIRECTOR
Trustee or director
–$0
GILBERT SANCHEZDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
6029 BRISTOL PKWY STE 200, CULVER CITY, CA 90230-6651
In care of
% DARIUSH HOSSEINI
Principal officer (990 for 2024)
DARIUSH HOSSEINI, 6029 BRISTOL PARKWAY, CULVER CITY, CA 90230
Signed the 990
DARIUSH HOSSEINI, PRESIDENT/DIRECTOR
Phone
(310) 473-6575
Return prepared by
TBL INC

California records

California keeps its own records of charities and corporations. Search them by EIN 85-4286681 or by the name NEW HOPE FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

NEW HOPE FOUNDATION WAS FOUNDED TO ENGAGE IN CHARITABLE ACTIVITIES WITHIN THE SCOPE OF THE INTERNAL REVENUE CODE SECTION 501(C)(3), INCLUDING BUT NOT LIMITED TO, TO SUPPORT AND ASSIST, AND TO MAKE GRANTS AND GIFTS IN AID AND SUPPORT AND ASSISTANCE TO ORPHANAGES, FOR RELIEF OF THE POOR OR DISTRESSED OR HOMELESS OR OF THE UNDERPRIVILEGED, AND FOR THE ADVANCEMENT OF EDUCATION AND SCIENCE; TO COLLECT AND RECEIVE CONTRIBUTIONS AND TO DISPOSE OF FUNDS EXCLUSIVELY FOR CHARITABLE PURPOSES OR OTHERWISE TO ASSIST CORPORATIONS, ORGANIZATIONS OR INSTITUTIONS CARRYING ON SUCH ACTIVITIES AS ARE CONSISTENT WITH THE PURPOSES OF APPLICANT.

990 for the year ended December 31, 2024

Program accomplishments

  • TO SUPPORT AND ASSISTANCE TO ORPHANAGES, FOR RELIEF OF THE POOR OR DISTRESSED OR HOMELESS OR OF THE UNDERPRIVILEGED, AND FOR THE ADVANCEMENT OF EDUCATION AND SCIENCE.
    Expenses $25
  • TO SUPPORT AND ASSISTANCE TO ORPHANAGES, FOR RELIEF OF THE POOR OR DISTRESSED OR HOMELESS OR OF THE UNDERPRIVILEGED, AND FOR THE ADVANCEMENT OF EDUCATION AND SCIENCE.
    Expenses $195,449 · grants $184,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-4286681
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,872,395
Income (IRS master file)
$1,189,646

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,189,646$207,532$1,872,395XML
990December 2023$17,413$253,062$890,281XML
990December 2022$300,310$366,654$1,125,930IRS
990December 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 85-4286681).

Questions about NEW HOPE FOUNDATION

What is the EIN of NEW HOPE FOUNDATION?
The employer identification number (EIN) of NEW HOPE FOUNDATION is 85-4286681.
Is NEW HOPE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to NEW HOPE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW HOPE FOUNDATION 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 NEW HOPE FOUNDATION 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 NEW HOPE FOUNDATION 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 NEW HOPE FOUNDATION?
The 990 for the year ended December 31, 2024 names DARIUSH HOSSEINI.
Who are the officers and directors of NEW HOPE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does NEW HOPE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,189,646, expenses of $207,532 and total assets of $1,872,395 at year end.

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