NEW HOPE OPPORTUNITIES INC DBA WORLD CARE MINISTRIES NETWORK INC

EIN: 731716024 501(c)(3)

GRANITE BAY, CA

Total Revenue
$741,233
Total Expenses
$710,332
Total Assets
$443,041
Net Assets
$443,041
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CA
Phone
9164158342
Tax Period
2024-01-01 to 2024-12-31

NEW HOPE OPPORTUNITIES INC DBA WORLD CARE MINISTRIES NETWORK INC, founded in 2004, is a small nonprofit that reported $741K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $710K left a modest 4% surplus.

Mission

THE SPECIFIC OBJECTIVES AND PURPOSES OF THIS CORPORATION SHALL BE TO:A. PERPETUATE AN EFFECTIVE EVANGELISM EFFORT IN THE LOCAL COMMUNITY AND THROUGHOUT THE UNITED STATES AND AROUND THE ENTIRE WORLD, WITH A PARTICULAR FOCUS ON HUMANITARIAN NEEDS.B. PREACH AND TEACH, EXHORT AND INSPIRE OTHERS TO CARRY THE MESSAGE OF JESUS CHRIST AROUND THE WORLD, ANDC. CHALLENGE PEOPLE AT LARGE TO WORK FOR WORLD-WIDE REVIVAL AND PRAYER AND TO ESTABLISH MINISTRIES WITHIN THE FRAMEWORK OF THE CHURCH OF JESUS CHRIST.

Program Service Accomplishments

Program 1
Expenses: $709,578

PROMOTE AND IMPLEMENT ACTIVITIES DESCRIBED IN SCHEDULE O.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $741,204
Program Service Revenue $0
Investment Income $29
Other Revenue $0
TOTAL REVENUE $741,233

Expense Breakdown

Grants Paid $0
Salaries & Benefits $252,677
Fundraising Expenses $0
Program Expenses $709,578
Other Expenses $457,655
TOTAL EXPENSES $710,332

Year-over-Year Comparison

2024 2023 Change
Revenue $741,233 $493,978 +0.5%
Expenses $710,332 $486,938 +0.5%
Net Income $30,901 $7,040 +3.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
N/A
Employees
N/A
Volunteers
7

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARNE K COTTRIEL President & CEO 0.00
Director
$0 $0 $0
JANET VANFLEET Director 0.00
Director
$0 $0 $0
EDITH COTTRIEL Secretary 0.00
Director
$0 $0 $0
TANNER JUDKINS CFO 0.00
Director
$0 $0 $0
HEATHER HARTRIM-LOWE Director 0.00
Director
$0 $0 $0
MIKE FRAGA Director 0.00
Director
$0 $0 $0
JOE FOSTER Director 0.00
Director
$0 $0 $0
JEREMY TIJERINA Director 0.00
Director
$0 $0 $0
GEORGE BARBER Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $741,233 $710,332 $443,041 $30,901
2023 $493,978 $486,938 $412,095 $7,040
2022 $441,661 $393,254 $467,850 $48,407
2021 $504,815 $366,380 $351,630 $138,435
2020 $415,167 $316,165 $194,826 $99,002
2018 $206,357 $234,466 $31,985 $-28,109
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