Net for Hope Foundation
Nonprofit profile at a glance
- EIN
- 272296024
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- Winchester, CA, USA
- Phone
- 9517049680
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $6,932
- Expenses
- $8,978
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Paul Brethen (President)
People named in this filing
- Paul Brethen (President)
- Teddy Brethen (Secretary)
- Emmanuel Mukisa (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At Net for Hope Foundation, we believe that communities should not merely struggle to survivethey deserve to thrive and flourish. Too often, poverty, broken relationships, corruption, and mistrust stand in the way of progress.We are committed to changing that by: Empowering and organizing community members to transform their thinking, beliefs, and behaviors for lasting change. Training leaders and facilitators who can drive sustainable community projects andcommercial businesses. Implementing learning centers that provide education and essential life skills forsuccess. Creating opportunities for growth, self-sufficiency, and hope in even the mostchallenging environments.We believe that by working together, true transformation is not only possibleits inevitable.
What it reported doing in 2024
Emelita Nursery and Primary SchoolIn the heart of the urban slums of Katanga, Kampala, hope is being nurtured at Emelita Nursery and Primary School. Serving 287 children from underprivileged backgrounds, the school is a beacon of learning and opportunity.With a dedicated team of: 11 teachers 1 administrator 1 volunteer 4 support staffN4H provides crucial support, including: Financial assistance to keep the doors open and classrooms full. Daily meals to ensure children are nourished and ready to learn. Administrative guidance and facility maintenance to create a safe and welcomingenvironment. 99.9% school fee collection rate, ensuring sustainability and continued growth.At Emelita, we believe that education is not just about learningits about hope, opportunity, and a brighter future for every child.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 77% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 82
- Sustainability: 16
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.7%; rating input score 95
- Program expense ratio: 73.2%; rating input score 73
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -29.5%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -6.7% per year; rating input score 0; 32nd percentile among comparable filings
- Revenue growth: -4% per year; rating input score 0; 37th percentile among comparable filings
- Asset growth: -8.4% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 94.7% of revenue deployed · 73.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $7K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 18/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.