Cast Hope
- Assets
- $148.5k
- Revenue
- $383.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Chico, CA
- Founding
- 02/2009
- Data as of
- 08/2022
- EIN
- 26-4042588
Organization Overview
Cast Hope is located in Chico, CA. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 08/2022, Cast Hope employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cast Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Cast Hope generated $383.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $341.9k during the year ending 08/2022. While expenses have increased by 14.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CAST HOPE IS A 501(C)(3) NONPROFIT ORGANIZATION LOOKING TO PROVIDE KIDS WITH THE GIFT OF THE OUTDOORS. AS AN ORGANIZATION IT IS OUR DESIRE TO BRING KIDS AND MENTORS TOGETHER OUTSIDE THROUGH THE SPORT OF FLY FISHING. IN THIS DAY AND ERA IT SEEMS THAT OUR LIVES ARE CONSTANTLY BOMBARDED WITH SCREENS, WHETHER TVS, COMPUTERS, IPADS, IPODS, OR GAMING SYSTEMS. HERE AT CAST HOPE WE WANT TO BREAK THAT PATTERN BY IMMERSING PEOPLE INTO THE ENVIRONMENT. THROUGH GUIDED FLY FISHING TRIPS, FISHING CLINICS, FLY TYING EVENTS, CAMP OUTS, ROAD TRIPS, AND CONSERVATION OUTINGS WE ARE TRYING TO CREATE A HEALTHY HOBBY THAT KIDS AND MENTORS CAN DO TOGETHER. WE BELIEVE IF YOU PROVIDE A POSITIVE EXPERIENCE FOR KIDS WHERE THEY GROW DEEPER IN THEIR RELATIONSHIP WITH THE MENTOR, LEARN HOW TO EFFECTIVELY FLY FISH, RECEIVE FREE NECESSARY EQUIPMENT, FIND OUT THAT THE OUTDOORS HAS MUCH MORE TO OFFER THAN THEIR LATEST GADGET, AND LEARN ABOUT HOW TO CONSERVE AND SUSTAIN OUR NATURAL RESOURCES, THEN THEY WILL NATURALLY WA
Describe the Organization's Program Activity:
Part 3 - Line 4a
POSITIVELY IMPACTED 700 YOUTHS AND THEIR MENTORS IN THE NORTHERN CALIFORNIA AND NORTH CAROLINA COMMUNITIES THROUGH FREE FLY FISHING EXPERIENCES. THROUGH OUR PROGRAM,CLIENTS BUILD MENTORING RELATIONSHIPS, FLY FISHING SKILLS, OUTDOOR KNOWLEDGE, SUSTAINABLE PRACTICES, AND PERSONAL VALUES. CAST HOPE'S GIFT OF FLY FISHING EMPOWERS EACH MENTORING PAIR TO GROW CLOSER AS THEY MAKE FLY FISHING A HEALTHY HOBBY THEY CAN DO TOGETHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Johnston Officer | Officer | 40 | $66,667 |
Joe Green Board Chair | Trustee | 1 | $0 |
Scott Hamilton Treasurer | Trustee | 1 | $0 |
Tom Demarois Secretary | Trustee | 1 | $0 |
Darin Wood Director | Trustee | 1 | $0 |
Matt Callies Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $57,430 |
| Related organizations | $0 |
| Government grants | $46,710 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,199 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,339 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $137,396 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $383,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,048 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $107,187 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,201 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,435 |
| Advertising and promotion | $6,009 |
| Office expenses | $5,426 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,650 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,691 |
| All other expenses | $9,272 |
| Total functional expenses | $341,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,039 |
| Savings and temporary cash investments | $110,455 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,494 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $148,494 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $148,494 |