2021-05-17T20:03:40-05:00 2019-06-30 680037990 GILBERT CPAS 2880 GATEWAY OAKS DR STE 100 SACRAMENTO CA 95833 990 2018-07-01 680193050 ST HOPE ACADEMY STHO 9168337552 PO BOX 5447 SACRAMENTO CA 95817 JAKE MOSSAWIR CHIEF EXECUTIVE OFFICER 9168337552 2021-05-17 1 KEITH R GLEN P01317613 9166466464 2021-05-17 2018 2022-09-23 18:48:47Z JAKE MOSSAWIR PO BOX 5447 SACRAMENTO CA 95817 3288688 0 X WWW.STHOPE.ORG X 1989 CA REVITALIZE INNER-CITY COMMUNITIES THROUGH PUBLIC EDUCATION, CIVIC LEADERSHIP, ECONOMIC DEVELOPMENT, AND ARTS ENRICHMENT. 4 4 25 120 2361276 164836 149612 390111 0 0 33616 4348 243417 2577119 426645 2971578 6474 243555 0 0 389031 1807258 0 0 0 247336 973404 642841 3024217 -216196 -52639 2696520 3488695 413395 1405989 2283125 2082706 REVITALIZE INNER-CITY COMMUNITIES THROUGH PUBLIC EDUCATION, CIVIC LEADERSHIP, ECONOMIC DEVELOPMENT, AND ARTS ENRICHMENT. 0 0 3001833 243555 REVITALIZE INNER-CITY COMMUNITIES THROUGH PUBLIC EDUCATION, CIVIC LEADERSHIP, ECONOMIC DEVELOPMENT, AND ARTS ENRICHMENT. 3001833 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 1 25 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JULIAN LOVE 9167477712 2315 34TH STREET SACRAMENTO CA 95817 KEVIN HIESTAND PRESIDENT 1.00 X X 0 0 0 FRITZ BROWN SECRETARY 1.00 X X 0 0 0 DENISE MERANO TREASURER 1.00 X X 0 0 0 M BACKOVICH TRUSTEE 1.00 X 0 0 0 JAKE MOSSAWIR CEO 40.00 X 163825 0 7763 163825 0 7763 1 0 1 0 TIFFANY FRAIZER 3208 D STREET SACRAMENTO CA 95816 RECRUITMENT 156000 1 X 375047 15064 390111 4348 4348 195270 0 195270 195270 195270 27603 375047 90518 -62915 -62915 164324 226592 -62268 -62268 MANAGEMENT FEE 900099 2361276 2361276 MISC INCOME 900099 121756 121756 GUILD THEATER OPERATION 900099 24000 24000 2507032 2971578 83488 2361276 136703 X 224402 224402 19153 19153 192207 192207 1336982 1336982 168040 168040 110029 110029 10000 10000 8210 8210 489472 478681 10791 152640 152640 69188 68658 530 53349 43081 10268 8004 8004 29704 29604 100 66226 66226 47958 47958 DUES & FEES 35653 34958 695 MISCELLANEOUS 3000 3000 3024217 3001833 22384 0 565009 468856 140497 437184 95366 191252 149018 51908 54328 58369 8636 0 3457147 1401021 1608666 2056126 75000 225000 2696520 3488695 80797 282232 332598 1123757 413395 1405989 X 2098833 1913015 159439 153591 24853 16100 2283125 2082706 2696520 3488695 -52639 -147780 0 X 0 0 0 X 952299 1077540 1102622 792031 390111 4314603 952299 1077540 1102622 792031 390111 4314603 1301 4313302 36600 595 21958 13534 199618 272305 165836 165836 255 36186 145756 182197 4934941 0.87400 0.96950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2014 AMOUNT: $ 255. 2017 AMOUNT: $ 36,186. 2018 AMOUNT: $ 145,756. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2043436 127497 150 2170783 1937122 106467 153 2043436 1868203 69089 170 1937122 1836929 34811 3537 1868203 1830248 6691 10 1836929 0.00000 1.00000 0.00000 0 1 1 253000 253000 1818829 1377038 441791 896294 15914 880380 489024 8069 480955 2056126 OTHER INVESTMENTS 225000 C 225000 PART III, LINE 1A: THE ORGANIZATION HAS ACQUIRED ARTWORK AT A DEEP DISCOUNT FROM A LOCAL ARTIST. THIS ARTWORK IS CURRENTLY USED ONLY AS DECOR IN THE OFFICE BUILDING, BOOKSTORE AND GUILD THEATER. PART V, LINE 4: THE ENDOWMENT IS USED TO SUPPORT THE MISSION OF ST. HOPE ACADEMY. ANNUAL DINNER 402650 375047 27603 44237 46281 402650 375047 27603 44237 46281 90518 -62915 1 ST HOPE DEVELOPMENT COMPANY PO BOX 5447 SACRAMENTO CA 95817 680474831 501(C)(3) 200025 GRANT ASSISTANCE ST HOPE PUBLIC SCHOOLS PO BOX 5038 SACRAMENTO CA 95817 010582508 501(C)(3) 5000 GRANT ASSISTANCE CITY YEAR INC 2331 ALHAMBRA BLVD SUITE 300 SACRAMENTO CA 95817 222882549 501(C)(3) 5000 GRANT ASSISTANCE WIDE OPEN WALLS 917 7TH STREET SUITE 204 SACRAMENTO CA 95814 825167631 501(C)(3) 5000 GRANT ASSISTANCE 4 SCHOLARSHIP AWARDS 49 19153 PART I, LINE 2: THE ORGANIZATION CAN ACCESS ELIGIBILITY RECORDS AS NECESSARY, BUT DOES NOT REQUIRE THE STUDENTS WHO RECEIVE SCHOLARSHIPS TO SUBMIT PERIODIC REPORTS. X X 0 0 0 0 0 0 0 0 0 JAKE MOSSAWIR CEO 163825 0 0 0 0 0 3113 0 4650 0 171588 0 0 0 PART I, LINE 3: THE RELATED ORGANIZATION USES A WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE BOARD TO ESTABLISH COMPENSATION OF THE CEO. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE AND CHIEF OPERATING OFFICER WILL REVIEW THE FORM 990 AND PRESENT THE FORM TO THE BOARD FINANCE COMMITTEE CHAIR FOR REVIEW AND FEEDBACK BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED AT AN ANNUAL MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 IN DETERMINING JUST AND REASONABLE COMPENSATION FOR THE ORGANIZATION'S HIGHEST PAID EMPLOYEES, THE BOARD OF DIRECTORS REVIEWS COMPARABLE SALARIES FOR SIMILAR POSITIONS IN SIMILAR GEOGRAPHIC LOCATIONS. ADDITIONALLY, THE COMMITTEE EVALUATES THE TOP MANAGEMENT OFFICIAL'S PROFESSIONAL CREDENTIALS AND OTHER INTANGIBLES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. FORM 990, PART VIII, LINE 11: COMMENCING IN THE TAX YEAR ENDING 6/30/2019, ST. HOPE ACADEMY ("ST. HOPE") BEGAN PROVIDING ACCOUNTING AND OTHER ADMINISTRATIVE SERVICES(THE "ADMINISTRATIVE SERVICES") TO THE ST. HOPE PUBLIC SCHOOLS AND OTHER AFFILIATED TAX EXEMPT ENTITIES (THE "AFFILIATED EXEMPT ENTITIES"). THE INTENT AT THE TIME ST. HOPE COMMENCED PERFORMING THE ADMINISTRATIVE SERVICES WAS THAT THROUGH AN ECONOMY OF SCALE AND USING ST. HOPE'S EXISTING STAFF, THAT ST. HOPE WOULD BE ABLE TO PERFORM THE ADMINISTRATIVE SERVICES AT A LOWER OVERALL COST TO THE AFFILIATED EXEMPT ENTITIES AND THAT AS A RESULT, THE AFFILIATED EXEMPT ENTITIES WOULD BE ABLE TO DEVOTE A LARGER SHARE OF THEIR OVERALL BUDGET TO THE PERFORMANCE OF THEIR EXEMPT FUNCTIONS. IN PRACTICE, HOWEVER, THE TOTALITY OF SERVICES NECESSARY TO BE PERFORMED TO COMPLETE THE ADMINISTRATIVE SERVICES ON BEHALF OF THE AFFILIATED EXEMPT ENTITIES PROVED TO BE MORE THAN ANTICIPATED, WHICH, IN TURN LED TO HIGHER ADMINISTRATIVE SERVICE REVENUE THAN EXPECTED. COMBINED WITH LOWER THAN ANTICIPATED EXEMPT FUNCTION REVENUE RECOGNIZED BY ST. HOPE IN THE TAX YEARS ENDING 6/30/2019, 6/30/2020 AND 6/30/2021, THIS RESULTED IN AN UNEXPECTED IMBALANCE OF ADMINISTRATIVE SERVICE REVENUE (UBTI) AND OVERALL EXEMPT FUNCTION REVENUE FOR SUCH TAX YEARS. MORE PARTICULARLY, FOR THE TAX YEARS ENDING 6/30/2020 AND 6/30/2021, ST. HOPE WAS NOT ABLE TO CONDUCT ITS NORMAL FUND RAISING ACTIVITIES (INCLUDING THE ANNUAL FUND RAISING DINNER), DUE TO THE ONGOING COVID 19 PANDEMIC WHICH RESULTED IN MUCH LOWER THAN ANTICIPATED EXEMPT FUNCTION REVENUE IN THE 2020 AND 2021 TAX YEARS. GIVEN THE ONGOING UNCERTAINTY CAUSED BY THE COVID 19 PANDEMIC, IT IS MY UNDERSTANDING THAT ST. HOPE HAS CEASED PERFORMING THE ADMINISTRATIVE SERVICES TO THE AFFILIATED EXEMPT ENTITIES IN THE SPRING OF 2021, AND THAT FOR THE TAX YEAR COMMENCING 7/1/2021 THERE WILL NO LONGER BE ANY ADMINISTRATIVE SERVICE (UBTI) INCOME REFLECTED ON ST. HOPES TAX RETURN. FORM 990, PART IX, LINE 11G PROFESSIONAL, CONSULTING & OTHER OPERATING EXPENSES: PROGRAM SERVICE EXPENSES 478,681. MANAGEMENT AND GENERAL EXPENSES 10,791. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 489,472. ST HOPE ENDOWMENT PO BOX 5447 SACRAMENTO CA 95817 943297342 SUPPORT ST. HOPE ACADEMY CA 501(C)(3) LINE 12C, III-FI ST HOPE ACADEMY 0 ST HOPE DEVELOPMENT COMPANY PO BOX 5447 SACRAMENTO CA 95817 680474831 COMMUNITY BETTERMENT THROUGH REAL ESTATE AND BUSINESS DEVELOPMENT CA 501(C)(3) LINE 7 ST HOPE ACADEMY 0 STAND UP FOR SACRAMENTO SCHOOLS PO BOX 5447 SACRAMENTO CA 95817 271384265 PROVIDES CHILDREN OPPORTUNITY TO ATTEND EXCELLENT PUBLIC SCHOOL CA 501(C)(3) LINE 7 ST HOPE ACADEMY 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 ST HOPE DEVELOPMENT COMPANY B 200025 ACTUAL