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Public 990 Summary

The Hopeless Foundation

EIN 383777239 · Latest tax year 2024 · Usable public filing summary

VAN NUYS, CA · Arts, Culture, and Humanities · subcity.net

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Program ratio

Not enough public data

Fundraising ratio

0%

Admin ratio

Not enough public data

Program ratio estimates the share of reported expenses used for programs. Fundraising ratio estimates fundraising expense share. Admin ratio estimates management and general expense share when the public fields reconcile.

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Public filing snapshot

Ratios use reported functional expenses when available and are only derived when the public fields reconcile with total expenses.

Total revenue$152,592
Contributions and grants$138,782
Program service revenue$0
Other revenue$0
Total expenses$82,211
Grants paid$41,173
Salaries and compensation$30,288
Program ratioNot reported
Fundraising ratio0%
Admin ratioNot reported
Total assets$371,198
Net assets$370,450
Total liabilities$748

Filing history

Recent prepared public snapshots appear here as the directory rollup processes more 990 filings. Use the ProPublica link for the full public filing archive when a prior year is not shown yet.

990 2024

Revenue: $152,592
Expenses: $82,211
Program ratio: Not reported

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Review the spending mix

Program ratio: Not enough public data. Fundraising ratio: 0%. Admin ratio: Not enough public data.

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Mission and programs

The mission of the Foundation is to bridge musicians with their fans through the issues that touch their hearts. The Foundation was created with the realization that music touches the lives of young people in ways directly connected to their passions, identities, and lifestyles becoming part of who they are as human beings. Music transcends our differences, bringing diverse young people into a positive and collaborative communities. Additionally, young people are eager and passionate about critical issues that face their communities and humanity. The Foundations mission is to connect young people through music to organizations and resources where they can make a difference.From health issues (depression, suicide prevention, AIDS) to conservation (global warming, wildlife conservation) to conflict resolution (gang prevention, community centers), just to name a few, young people are inspired by music to get involved and make a positive impact on the world. With the information, tools, an

Public leadership

Public Form 990 officer rows; not a staff or contact directory.

Louis D Posen

President

2 hours/week · Reportable compensation: $0

Jo Ann Oster

Secretary

1 hours/week · Reportable compensation: $0

Ben Posen

CFO

1 hours/week · Reportable compensation: $0

Public filing sources

View previous 990s and source filings on ProPublica
irs_990_cache

Tax year 2024 · Source 202503089349303045 · Parser opportunity-intelligence-financials-v1

Nonprofit health check FAQ

This page is educational and based on public or submitted information. It is not legal, tax, accounting, or financial advice.

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  • Latest public filing year: 2024.
  • Public data coverage: Usable public filing summary.
  • Review the mission, program services, and whether the filing matches the programs you want to support.
  • Ask about recent program outcomes and current financials when the public filing is older.

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