New Hope Etc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEW HOPE ETC WORKS WITH COMMUNITIES IN THE GREATER JERSEY CITY, NJ AREA TO PROVIDE ACCESS TO AFFORDABLE HOUSING, BALANCED NUTRITION, AND EQUITABLE ACADEMIC ENGAGEMENT.
- Income
- $724,948
- Spending
- $701,090
- Spent on programs
- 100%
- Reserves
- 1.7 months of spending
- Largest source of income
- government grants, 100%
- Employees
- 57
- Volunteers
- 25
- Highest pay
- $23,909, director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 50% of charities in its peer group (human services, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.7 months of spending.
Debt
20 of 20It owes -75% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
15 of 15Income rose 67% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 77 out of 100. Higher than 58% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 255 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $326,966 spent. OUR NONPROFIT ORGANIZATION IS DEDICATED TO PROVIDING COMPREHENSIVE AFTER-SCHOOL ENRICHMENT PROGRAMS DESIGNED TO FOSTER INNOVATION, CREATIVITY, AND COLLABORATION AMONG YOUNG LEARNERS. OUR OPERATING ACTIVITIES ARE FOCUSED ON SUPPORTING A DIVERSE TEAM OF EDUCATORS AND STAFF, INCLUDING TEACHERS, PROGRAM ASSISTANTS, AND MANAGEMENT, WHO ARE PASSIONATELY COMMITTED TO DELIVERING HIGH-QUALITY EDUCATIONAL EDUCATIONAL EXPERIENCES. TO FACILITATE THESE PROGRAMS, WE INVEST HEAVILY IN A VARIETY OF SUPPLIES AND EQUIPMENT THAT ENHANCE LEARNING AND ENGAGEMENT. THIS INCLUDES STATE-OF-THE-ART DRONES, ENGINEERING KITS, AND ARCHITECTURE KITS, WHICH ARE ESSENTIAL TO OUR STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATHEMATICS) CURRICULUM. THESE TOOLS ENABLE STUDENTS TO EXPLORE COMPLEX CONCEPTS IN A HANDS-ON ENVIRONMENT, ENCOURAGING EXPERIMENTATION AND CRITICAL THINKING. OUR ORGANIZATION IS COMMITTED TO EQUIPPING TUDENTS WITH THE SKILLS AND KNOWLEDGE NEEDED TO THRIVE IN A RAPIDLY CHANGING WORLD. THROUGH OUR AFTER-SCHOOL ENRICHMENT PROGRAMS, WE STRIVE TO CREATE AN ENVIRONMENT WHERE YOUNG MINDS CAN FLOURISH H AND WHERE THE LEADERS, INNOVATORS, AND PROBLEM SOLVERS OF TOMORROW ARE NURTURED AND INSPIRED.
- $373,110 spent. THE ORGANIZATION OPERATES A CHILD AND ADULT CARE FOOD PROGRAM, A SUMMER FOOD SERVICE PROGRAM AND A SOUP KITCHEN THAT FEED LUNCH, SNACKS, AND SUPPER TO AREA ELEMENTARY SCHOOL CHILDREN AND FAMILIES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2010 for not filing returns for three years, and reinstated on May 15, 2010.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.