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Nonprofiteer
← HOPE OF THE VALLEY RESCUE MISSION

Form 990 for tax year 2023

Filed by HOPE OF THE VALLEY RESCUE MISSION.

What the amendment changed

Compared with the return it replaced , filed 13 November 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$119,352,333 changed to $119,883,162
Total expenses
$59,922,411 changed to $60,969,173
Contributions and grants received
$110,652,426 changed to $111,065,217
Investment income
$139,601 changed to $170,926
Other revenue
-$121,636 changed to -$34,923
Total assets, end of year
$138,513,821 changed to $140,911,831
Total liabilities, end of year
$59,855,066 changed to $62,769,038
Net assets or fund balances, end of year
$78,658,755 changed to $78,142,793
Program services expenses
$53,761,668 changed to $54,316,396
Management and general expenses
$3,436,767 changed to $3,996,205
Fundraising expenses
$2,723,976 changed to $2,656,572
Program service expenses (Part III)
$53,761,668 changed to $54,316,396

Totals

Total revenue
$119,883,162
Total expenses
$60,969,173
Contributions and grants received
$111,065,217
Grants paid
$0
Program service revenue
$8,681,942
Investment income
$170,926
Other revenue
-$34,923
Total assets, end of year
$140,911,831
Total liabilities, end of year
$62,769,038
Net assets or fund balances, end of year
$78,142,793
Program services expenses (Part IX)
$54,316,396
Management and general expenses
$3,996,205
Fundraising expenses
$2,656,572
Program service expenses (Part III)
$54,316,396

Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,040,647

  • 1e · Government grants (contributions)

    $100,531,500

  • 1f · All other contributions, gifts and grants

    $9,493,070

  • 1g · Noncash contributions included above

    $993,401

  • 2a · Program service revenue: THRIFT STORES

    total $6,318,956 · related or exempt $6,318,956

  • 2b · Program service revenue: DEVELOPER FEE

    total $2,362,986 · related or exempt $2,362,986

  • 3 · Investment income

    total $170,926 · excluded $170,926

  • 8a · Fundraising events: gross income

    $467,324

  • 8a · Fundraising events: contributions included on line 1c

    $1,040,647

  • 8b · Fundraising events: direct expenses

    $624,199

  • 8c · Net income from fundraising events

    total -$156,875 · excluded -$156,875

  • 11a · Other revenue: MISCELLANEOUS

    total $121,952 · related or exempt $121,952

  • 11e · Other revenue, total

    $121,952

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $810,312 · program services $200,104 · management and general $169,711 · fundraising $440,497

  • 7 · Other salaries and wages

    total $25,437,876 · program services $23,386,423 · management and general $1,375,457 · fundraising $675,996

  • 8 · Pension plan contributions

    total $5,247 · management and general $5,247

  • 9 · Other employee benefits

    total $2,941,147 · program services $2,860,678 · management and general $80,469

  • 10 · Payroll taxes

    total $1,913,258 · program services $1,748,919 · management and general $113,778 · fundraising $50,561

  • 11b · Fees: legal

    total $80,929 · management and general $80,929

  • 11c · Fees: accounting

    total $33,763 · management and general $33,763

  • 11e · Fees: professional fundraising services

    total $945,532 · fundraising $945,532

  • 11g · Fees: other

    total $14,466,002 · program services $13,491,745 · management and general $664,083 · fundraising $310,174

  • 12 · Advertising and promotion

    total $54,205 · program services $30,056 · management and general $3,208 · fundraising $20,941

  • 13 · Office expenses

    total $2,243,389 · program services $2,020,059 · management and general $125,938 · fundraising $97,392

  • 14 · Information technology

    total $248,400 · program services $111,311 · management and general $91,758 · fundraising $45,331

  • 16 · Occupancy

    total $3,887,936 · program services $3,818,301 · management and general $69,615 · fundraising $20

  • 17 · Travel

    total $255,600 · program services $236,182 · management and general $13,256 · fundraising $6,162

  • 19 · Conferences, conventions and meetings

    total $114,397 · program services $28,052 · management and general $39,343 · fundraising $47,002

  • 20 · Interest

    total $623,745 · program services $252,786 · management and general $370,959

  • 22 · Depreciation, depletion and amortization

    total $1,728,755 · program services $1,562,405 · management and general $166,350

  • 23 · Insurance

    total $980,723 · program services $525,752 · management and general $454,971

  • 24a · Other expenses: CLIENT SPECIFIC ASSISTA

    total $2,125,120 · program services $2,125,120

  • 24b · Other expenses: REPAIR & MAINTENANCE

    total $1,132,240 · program services $1,021,062 · management and general $96,141 · fundraising $15,037

  • 24c · Other expenses: DONATED MATERIALS/SUPPL

    total $677,959 · program services $677,959

  • 24d · Other expenses: PET ASSISTANCE

    total $211,070 · program services $211,070

  • 24e · All other expenses

    total $51,568 · program services $8,412 · management and general $41,229 · fundraising $1,927

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $35,916,784 · end of year $17,072,986

  • 2 · Savings and temporary cash investments

    beginning of year $25,447 · end of year $269,963

  • 3 · Pledges and grants receivable

    beginning of year $13,520,279 · end of year $18,337,593

  • 8 · Inventories for sale or use

    beginning of year $877,146 · end of year $974,578

  • 9 · Prepaid expenses and deferred charges

    beginning of year $308,655 · end of year $609,308

  • 10a · Land, buildings and equipment: cost or other basis

    $101,870,031

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,464,785

  • 10c · Land, buildings and equipment, net

    beginning of year $80,572,361 · end of year $97,405,246

  • 14 · Intangible assets

    beginning of year $12,655 · end of year $10,486

  • 15 · Other assets

    beginning of year $6,651,549 · end of year $6,231,671

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,931,678 · end of year $5,905,773

  • 18 · Grants payable

    beginning of year $7,852,755 · end of year $4,891,447

  • 19 · Deferred revenue

    beginning of year $77,576,009 · end of year $21,981,964

  • 20 · Tax-exempt bond liabilities

    beginning of year $13,041,836 · end of year $10,821,726

  • 23 · Secured mortgages and notes payable

    beginning of year $4,240,827 · end of year $6,237,528

  • 25 · Other liabilities

    beginning of year $11,012,967 · end of year $12,930,600

  • 27 · Net assets without donor restrictions

    beginning of year $16,098,804 · end of year $15,880,441

  • 28 · Net assets with donor restrictions

    beginning of year $3,130,000 · end of year $62,262,352

Mission and programs · 2023

Mission

TO ATTRACT PEOPLE/RESOURCES TO ASSIST THE NEEDS OF EVERY HUNGRY HOMELESS PERSON IN THE VALLEY.

  • HOPE THE MISSION OPERATES SEVERAL RESIDENTIAL FACILITIES INCLUDING THE GENESIS HOUSE FOR HOMELESS FAMILIES, THE HOUSE OF HOPE FOR MEN RECOVERING FROM ADDICTION, AND TWO TRANSITIONAL BRIDGE HOUSING SHELTERS FOR MEN AND WOMEN WHILE LOCATING PERMANENT HOUSING. HOPE OF THE VALLEY OPERATES THREE ADULT SHELTERS: THE 87 BED RAYMER SHELTER THAT OPENED IN JUNE 2020, THE 100 BED VAN NUYS BRIDGE HOME SHELTER AND THE COLD WEATHER SHELTER IN THE SAN FERNANDO VALLEY. FURTHERMORE, HOTV OPERATES THREE FAMILY SHELTERS WITH A TOTAL OF 130 BEDS AND A TAY YOUTH SHELTER WITH 30 BEDS. ADDITIONALLY, THE MISSION OPERATES TINY HOMES IN DIFFERENT AREAS. EACH CLIENT RECEIVES A WARM, SAFE PLACE TO SLEEP, A HOT DINNER AND BREAKFAST AS WELL AS CASE MANAGEMENT TO ASSIST THEM WITH STRATEGIES AND SOLUTIONS TO END THEIR HOMELESSNESS.

    Expenses $40,159,034 · Revenue $2,362,986

  • HOPE OF THE VALLEY THRIFTS STORES ARE A VITAL PART OF OUR PROGRAMMING, POVIDING JOB TRAINING FOR THE MEN AND WOMEN IN OUR VARIOUS PROGRAMS. CLIENTS LEARN RESPONBILITY, CLEANLINESS, INVENTORY, CUSTOMER SERVICE, ACCOUNTING AND SALES. THE THRIFT STORES ALSO PROVIDE MUCH NEEDED CLOTHING AND HOUSHOLD ITEMS AT GREATLY REDUCED PRICES FOR THE ECONICALLY CHALLENGED IN OUR COMMUNITY. THRIFT STORE DONATIONS ARE ALSO USED TO PROVIDE CLOTHING FOR OUR SHOWER PROGRAMS AND HOUSEHOLD ITEMS FOR INDIVIDUALS AND FAMLIES MOVING INTO PERMANENT HOUSING.

    Expenses $4,921,188 · Revenue $6,318,956

  • THE MISSION OPERATES THE HELP CENTER IN VAN NUYS AND THE NAVIGATION CENTER IN NORTH HOLLYWOOD WHICH OFFERS EMERGENCY SERVICES TO HOMELESS INDIVIDUALS LIVING ON THE STREETS SUCH AS SHOWERS, HOT MEALS, CLEAN CLOTHES AND CASE MANAGEMENT.

    Expenses $2,429,712

  • OTHER PROGRAMS: HOPE THE MISSION OPERATES SERVICES TO ASSIST HOMELESS INDIVIDUALS LIVING ON THE STREETS SUCH AS SHOWERS, HOT MEALS, CLEAN CLOTHES, MENTAL HEALTH SERVICES AND CASE MANAGEMENT. HOPE THE MISSION HAS RECENTLY EXPANDED ITS SERVICES OUTSIDE OF THE LOS ANGELES COUNTY, HELPING INDIVIDUALS IN VICTORVILLE, BAKERSFIELD, AND SAN BERNADINO.

    Expenses $6,806,462 · Revenue $121,952

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Theresa Jackson

    CHAIRWOMAN

    Total calculated
    $0
    Hours/week
    3

  • Josie Lowe

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Joyce White

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Febe Adams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Troy Bagwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Jeff Biederman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Bibliana Bovery

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Steve Goddard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jim Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Asif Mahmood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dave Reyna

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Tim Winters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Teresa Wolfe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ken Craft

    CEO

    Total calculated
    $241,251
    From this org
    $132,025
    From related orgs
    $0
    Other
    $109,226
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $72,025
    Bonus
    $60,000
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $103,226
    Filer's total
    $241,251

  • Rowan Vansleve

    PRESIDENT

    Total calculated
    $229,246
    From this org
    $220,172
    From related orgs
    $0
    Other
    $9,074
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $160,172
    Bonus
    $60,000
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $3,074
    Filer's total
    $229,246

  • Tisha Shoemake

    CFO

    Total calculated
    $169,711
    From this org
    $162,833
    From related orgs
    $0
    Other
    $6,878
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $127,833
    Bonus
    $35,000
    Other
    $0
    Deferred
    $5,250
    Nontaxable benefits
    $1,628
    Filer's total
    $169,711

  • Stephen Morse

    COO

    Total calculated
    $200,104
    From this org
    $180,500
    From related orgs
    $0
    Other
    $19,604
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $150,500
    Bonus
    $30,000
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $13,604
    Filer's total
    $200,104

  • Laurie Craft

    CPO (THRU 4/23)

    Total calculated
    $280,085
    From this org
    $273,759
    From related orgs
    $0
    Other
    $6,326
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $63,759
    Bonus
    $0
    Other
    $210,000
    Deferred
    $2,000
    Nontaxable benefits
    $4,326
    Filer's total
    $280,085

  • Robert Rush

    CHIEF PEOPLE AND ORGANIZATIONAL OFFICER

    Total calculated
    $159,556
    From this org
    $146,442
    From related orgs
    $0
    Other
    $13,114
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $126,442
    Bonus
    $20,000
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $7,114
    Filer's total
    $159,556

  • Laura Harwood

    PROGRAM DIRECTOR

    Total calculated
    $132,061
    From this org
    $120,250
    From related orgs
    $0
    Other
    $11,811
    Hours/week
    50

  • Irvin Prra

    PROGRAM DIRECTOR

    Total calculated
    $118,446
    From this org
    $109,454
    From related orgs
    $0
    Other
    $8,992
    Hours/week
    50

  • Wilma Garcia

    PROGRAM DIRECTOR

    Total calculated
    $118,500
    From this org
    $109,345
    From related orgs
    $0
    Other
    $9,155
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE CEO RECEIVED NONTAXABLE HOUSING ALLOWANCE OF $88,365.
PART I, LINE 4A
LAURIE CRAFT RECVEIVED A SEVERANCE PAYMENT OF $210,000
PART I, LINE 7
OFFICERS AND KEY EMPLOYEE RECEIVED A DISCRETIONARY BONUS AT THE END OF THE TAX YEAR. THE BONUS WAS INCLUDED IN FORM W-2 AND REPORTED ON SCHEDULE J, PART II, COLUMN B(II).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
21 April 2026
IRS schema version
2023v6.0
Source object
202631129349300338

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