Lending Hope Foundation in La Puente, California (CA)

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Lending Hope Foundation
Employer Identification Number (EIN)264524844
Name of OrganizationLending Hope Foundation
In Care of NameAmerica Tang
Address727 Glendora Ave, La Puente, CA 91744
Websitehttp://www.lendinghope.org
SubsectionCharitable Organization
Ruling Date11/2009
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$21,709
Amount of Income$61,468
Form 990 Revenue Amount$61,468
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs


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Amount of income in 2014: $61,468 (it was $0 in 2012)
This organization: 

 $61,468
Other organizations performing similar types of work: 

 $127,010

Assets in 2014: $21,709 (it was $0 in 2012)
Lending Hope Foundation: 

 $21,709
Other organizations performing similar types of work: 

 $83,317

Expenses in 2011: $21,247
This organization: 

 $21,247
Other organizations performing similar types of work: 

 $154,560

Income to expenses ratio in 2011: 2.9
This organization: 

 2.9
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2011: 99.6%
Lending Hope Foundation: 

 99.6%
Other organizations performing similar types of work: 

 40.6%

Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$61,468
Contributions, gifts, grants, and similar amounts received$61,231
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$237
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$21,247
Total net assets$-49,700
Excess for the year$40,221
Net assets or fund balances at beginning of year$-89,921
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$21,709
Total liabilities$71,409
Net assets or fund balances$-49,700
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$99,134
Gifts, grants, contributions, and membership fees received$99,134
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Small Business Majority Foundation Inc4000 Bridgeway Ste 101, Sausalito, CA 94965-1444CA2010-11$4,935,336
2Los Angeles Cleantech Incubator411 S Hewitt Street, Los Angeles, CA 90013CA2012-08$1,684,863
3Startx2627 Hanover St, Palo Alto, CA 94304-1118CA2013-06$1,657,007
4Engine Advocacy414 Brannan St, San Francisco, CA 94107CA2013-11$848,769
5West Contra Costa Business Development Center334 11th Street, Richmond, CA 94801CA1996-01$275,614
6EnovantPO BOX 8176, Newport Beach, CA 92658-8176CA2012-04$261,269
7Kigali Center For Entrepreneurs19405 Riverside Dr, Sonoma, CA 95476-6334CA2005-03$250,806
8Indian Pharmacists Association Of California2424 Whispering Trl, Irvine, CA 92602-0825CA2014-09$234,110
9Solano Center For Business Innovation Inc360 Campus Ln Ste 102, Fairfield, CA 94534-1572CA2012-02$129,548
10Bravo Ag Group Inc7890 Road 21, Madera, CA 93637-9387CA2014-09$116,426
11Tie Foundation2903 Bunker Hill Lane, Santa Clara, CA 95054-1141CA2006-05$73,032
12Lending Hope Foundation727 Glendora Ave, La Puente, CA 91744CA2009-11$61,468
13African American Business ExchangePO BOX 4231, Oakland, CA 94614-4231CA2002-05$56,971
14San Francisco Higos IncPO BOX 1308, Oxnard, CA 93032-1308CA2013-09$50,288
15Economic Prosperity Council Of Tuolumne County99 N Washington Street, Sonora, CA 95370CA2009-10$33,400
16Intelliversity7302 Azalea Pl, Carlsbad, CA 92011-4804CA2010-09$32,000
17Fite Project, Fite & Fite Foundation1535 Beachey Pl, Carson, CA 90746-4005CA2012-02$20,000
18The@hatch Partnership777 E Tahquitz Canyon Way Ste 111, Palm Springs, CA 92262-6776CA2009-06$15,000
19Alternate Energy Center Of San Jose IncPO BOX 471, San Jose, CA 95103-0471CA2011-06$5,590
20Labnexus2435 Frankfort St, San Diego, CA 92110CA2012-06$100
Number of organizations performing similar types of work
Alaska2
Alabama5
Arkansas4
Arizona10
California76
Colorado14
Connecticut7
District of Columbia7
Florida26
Georgia20
Hawaii5
Iowa8
Idaho3
Illinois22
Indiana11
Kansas3
Kentucky5
Louisiana6
Massachusetts18
Maryland19
Maine3
Michigan16
Minnesota8
Missouri13
Mississippi6
Montana3
North Carolina18
North Dakota1
Nebraska5
New Jersey6
New Mexico5
Nevada4
New York26
Ohio16
Oklahoma5
Oregon5
Pennsylvania12
Rhode Island1
South Carolina12
South Dakota4
Tennessee10
Texas27
Utah1
Virginia14
Vermont2
Washington10
Wisconsin8
West Virginia3
Wyoming1
International2
Total518

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