Hope Of The Valley Rescue Mission
- Assets
- $28.5m
- Revenue
- $32.5m
- Investments
- $0.0
- Employees
- 469
- Location
- North Hills, CA
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 27-2053273
Organization Overview
Hope Of The Valley Rescue Mission is located in North Hills, CA. The organization was established in 2010. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Hope Of The Valley Rescue Mission employed 469 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Of The Valley Rescue Mission 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 12/2021, Hope Of The Valley Rescue Mission generated $32.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $25.0m during the year ending 12/2021. While expenses have increased by 28.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ATTRACT PEOPLE/RESOURCES TO ASSIST THE NEEDS OF EVERY HUNGRY HOMELESS PERSON IN THE VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, HOPE OF THE VALLEY OPERATED FIVE THRIFT STORES IN THE SOUTHERN CALIFORNIA AREA. HOPE OF THE VALLEY THRIFT STORES ARE A VITAL PART OF OUR PROGRAMMING, POVIDING JOB TRAINING FOR THE MEN AND WOMEN IN OUR VARIOUS PROGRAMS. CLIENTS LEARN RESPONBILITY, CLEANLINESS, INVENTORY, CUSTOMER SERVICE, ACCOUNTING AND SALES. THE THRIFT STORES ALSO PROVIDE MUCH NEEDED CLOTHING AND HOUSHOLD ITEMS AT GREATLY REDUCED PRICES FOR THE ECONICALLY CHALLENGED IN OUR COMMUNITY. THRIFT STORE DONATIONS ARE ALSO USED TO PROVIDE CLOTHING FOR OUR SHOWER PROGRAMS AND HOUSEHOLD ITEMS FOR INDIVIDUALS AND FAMLIES MOVING INTO PERMANENT HOUSING.
HOPE OF THE VALLEY OPERATES SEVERAL RESIDENTIAL FACILITIES INCLUDING THE GENESIS HOUSE FOR HOMELESS FAMILIES, THE HOUSE OF HOPE FOR MEN RECOVERING FROM ADDICTION, TWO TRANSITIONAL BRIDGE HOUSING SHELTERS FOR MEN AND WOMEN WHILE LOCATING PERMANENT HOUSING. ADDITIONALLY, THE MISSION OPERATES THE HELP CENTER IN VAN NUYS AND THE NAVIGATION CENTER IN NORTH HOLLYWOOD THAT OFFERS EMERGENCY SERVICES TO HOMELESS INDIVIDUALS LIVING ON THE STREETS SUCH AS SHOWERS, HOT MEALS, CLEAN CLOTHES AND CASE MANAGEMENT.
HOPE OF THE VALLEY OPERATES THREE ADULT SHELTERS: THE 87 BED RAYMER SHELTER THAT OPENED IN JUNE 2020, THE 100 BED VAN NUYS BRIDGE HOME SHELTER AND THE COLD WEATHER SHELTER IN THE SAN FERNANDO VALLEY. FURTHERMORE, HOTV OPERATES THREE FAMILY SHELTERS WITH A TOTAL OF 130 BEDS AND A TAY YOUTH SHELTER WITH 30 BEDS. EACH CLIENT RECEIVES A WARM, SAFE PLACE TO SLEEP, A HOT DINNER AND BREAKFAST AS WELL AS CASE MANAGEMENT TO ASSIST THEM WITH STRATEGIES AND SOLUTIONS TO END THEIR HOMELESSNESS. STARTING 2021, HOPE OF THE VALLEY OPERATES 6 TINY HOME SHELTERS IN DIFFERENT AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rowan Vansleve Cfao | Officer | 50 | $132,510 |
Stephen D Morse COO | 50 | $122,800 | |
Laurie Craft Cpo | 50 | $111,424 | |
Ken Craft President And CEO | Officer | 50 | $67,823 |
Josie Lowe Treasurer | OfficerTrustee | 2 | $0 |
Theresa Jackson Chairwoman | OfficerTrustee | 6 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Master Guard Security Security | 12/30/21 | $386,430 |
Pcl Construction Services Inc Construction | 12/30/21 | $2,376,819 |
Brewer Direct Inc Marketing Company | 12/30/21 | $379,656 |
Good Guard Security Services Security | 12/30/21 | $2,324,760 |
Oaks Security Inc Security | 12/30/21 | $249,576 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,457,576 |
| Related organizations | $0 |
| Government grants | $17,703,528 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,591,221 |
| Noncash contributions included in lines 1a–1f | $1,414,966 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,752,325 |
| Total Program Service Revenue | $5,265,216 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $505,605 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,523,146 |
| 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. | $421,483 |
| Compensation of current officers, directors, key employees. | $5,902 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,679,214 |
| Pension plan accruals and contributions | $87,500 |
| Other employee benefits | $1,079,515 |
| Payroll taxes | $818,873 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $129,696 |
| Fees for services: Accounting | $143,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $297,324 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,683,588 |
| Advertising and promotion | $0 |
| Office expenses | $1,038,746 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,842,891 |
| Travel | $139,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $113,442 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $786,567 |
| Insurance | $152,820 |
| All other expenses | $52,837 |
| Total functional expenses | $25,000,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,053,474 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,219,535 |
| 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 | $573,289 |
| Prepaid expenses and deferred charges | $656,321 |
| Net Land, buildings, and equipment | $13,961,245 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,463,864 |
| Accounts payable and accrued expenses | $8,656,204 |
| 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 | $8,259,107 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $575,008 |
| Total liabilities | $17,490,319 |
| Net assets without donor restrictions | $10,641,045 |
| Net assets with donor restrictions | $332,500 |
| 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 | $28,463,864 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Hope Of The Valley Rescue Mission has recieved totaling $2,388,366.
| Awarding Organization | Amount |
|---|---|
L A Family Housing Corporation North Hollywood, CA PURPOSE: HOMELESS SHELTER | $1,717,894 |
Queenscare Los Angeles, CA PURPOSE: To fund outpatient healthcare services. | $158,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $125,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $122,602 |
Donald And Gigi Grant Charitable Trust Houston, TX PURPOSE: TO ASSIST IN THE PREVENTION AND ELIMINATION OF POVERY, HUNGER AND HOMELESSNESS | $100,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $33,502 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Partnership Of Kern Bakersfield, CA | $40,550,672 | $119,116,159 |
The Neighborhood House Assn San Diego, CA | $20,146,968 | $97,699,697 |
Portable Practical Educational Preparation Inc Tucson, AZ | $20,477,573 | $94,704,086 |
Chicanos Por La Causa Inc Phoenix, AZ | $7,948,599,708 | $121,803,796 |
Sbcs Corporation Chula Vista, CA | $44,117,675 | $87,559,700 |
Bay Area Community Services Inc Oakland, CA | $30,842,402 | $71,014,541 |
United Movement Inc Las Vegas, NV | $7,228,928 | $63,347,968 |
Nevada H A N D Inc Las Vegas, NV | $197,568,857 | $83,930,370 |
Lift To Rise Palm Desert, CA | $10,036,798 | $56,799,508 |
Catholic Charities Of Santa Clara County San Jose, CA | $37,221,303 | $52,659,902 |
Farmlink Project Pacific Palisades, CA | $3,073,736 | $51,204,063 |
Arizonas Children Association Tucson, AZ | $18,515,748 | $50,621,725 |