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Nonprofiteer
← HOPE FOR TOMORROW INC

Form 990 for tax year 2024

Filed by HOPE FOR TOMORROW INC.

Totals

Total revenue
$630,102
Total expenses
$484,608
Contributions and grants received
$623,629
Grants paid
$337,410
Program service revenue
$0
Investment income
$6,473
Other revenue
$0
Total assets, end of year
$1,083,131
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,083,131
Program services expenses (Part IX)
$337,409
Management and general expenses
$4,790
Fundraising expenses
$142,408
Program service expenses (Part III)
$247,890

Program services were 69.6% 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

    $149,873

  • 1f · All other contributions, gifts and grants

    $473,757

  • 3 · Investment income

    total $6,473 · excluded $6,473

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $57,696 · program services $57,696

  • 3 · Grants to foreign organizations and individuals

    total $279,713 · program services $279,713

  • 11a · Fees: management

    total $2,199 · management and general $2,199

  • 11e · Fees: professional fundraising services

    total $142,408 · fundraising $142,408

  • 23 · Insurance

    total $692 · management and general $692

  • 24a · Other expenses: BANK CHARGES & PAYPAL FEES

    total $1,899 · management and general $1,899

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $217,688 · end of year $28,848

  • 2 · Savings and temporary cash investments

    beginning of year $5,187 · end of year $95,305

  • 11 · Investments: publicly traded securities

    beginning of year $857,059 · end of year $958,978

  • 27 · Net assets without donor restrictions

    beginning of year $1,079,934 · end of year $1,083,131

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

MISSION NBSP;OF NBSP;HOPE NBSP;FOR NBSP;TOMORROW NBSP;(HOPE) NBSP;IS NBSP;TO NBSP;PROVIDE NBSP;HEALTHCARE NBSP;HUMAN NBSP;SERVICES NBSP;INFRASTRUCTURE NBSP;BUILD NBSP;OUTS NBSP;AND NBSP;EDUCATIONAL NBSP;ASSISTANCE NBSP;TO NBSP;THE NBSP;DISADVANTAGED NBSP;COMMUNITIES NBSP;HOPE NBSP;ORGANIZES NBSP;AND NBSP;RUNS NBSP;NUMEROUS NBSP;PROGRAMS NBSP;TO NBSP;SERVE NBSP;THOSE NBSP;IN NBSP;NEED

Activities or mission (Part I)

MISSION OF HOPE FOR TOMORROW (HOPE) IS TO PROVIDE HEALTHCARE, HUMAN SERVICES, INFRASTRUCTURE BUILD OUTS AND EDUCATIONAL ASSISTANCE TO THE DISADVANTAGED COMMUNITIES. HOPE ORGANIZES AND RUNS NUMEROUS PROGRAMS TO SERVE THOSE IN NEED.

  • MAI TAM HOUSE OF HOPE (SAIGON VIETNAM) - SUPPORTING CARES FOR MOTHERS AND CHILDREN LIVING WITH HIV/AIDS

    Expenses $65,650

  • MAI TAM SOCIAL ENTERPRISE (SAIGON VIETNAM) - SUPPORTING MULTIPLE CHARITABLE INITIATIVES SERVING UNDERPRIVILEGED COMMUNITIES

    Expenses $46,000

  • PHAOLO GENERAL CLINIC (DANANG VIETNAM) - SUPPORT RENOVATION PROJECT OF THE CLINIC TO SERVE POOR PATIENTS

    Expenses $37,968

  • Expenses $98,272

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Duc T Le MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    12

  • Quyen Dang DDS

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    12

  • Thang Do

    TRESURER

    Total calculated
    $0
    Hours/week
    15

  • Chuong Phan DDS

    SECRETARY

    Total calculated
    $0
    Hours/week
    12

  • Anna Abel DDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    12

  • Thi Nguyen DDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    12

  • Chau Nguyen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    12

  • Hung Nguyen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    12

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2024
IRS schema version
2024v5.2
Source object
202543209349302174

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