Overview

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Est.

1999

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Operation New Hope Inc is a nonprofit organization dedicated to housing development and economic assistance for disadvantaged residents, with a mission to create jobs and housing opportunities. With an operating budget of $9.1 million and total revenue of $13.9 million for the 2024 filing year, the organization has significant financial backing from various funders. It does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base to support its initiatives. More information can be found at www.operationnewhope.org.

Mission Statement

To create economic assistance to disadvantaged residents by creating jobs and housing.
Revenues
$13.9M
Expenses
$12.8M
Net Income:
+$1.1M
Assets
$7.6M
Liabilities
$2.7M
Net Assets:
+$4.9M
Operating Budget
$9.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
27
Median grant size
$16.4K
Largest grant received
$350K
R
Reginald Fullwood
Board Member
T
Terri Wall
Board Member
C
Charlotte Smith
Board Member

Frequently Asked Questions

What is Operation New Hope Inc’s budget?
In 2024, Operation New Hope Inc reported an annual operating budget of around $9.1 million. More detailed financial information is available to registered users.
What causes does Operation New Hope Inc support?
Operation New Hope Inc supports work in Housing development.
Where does Operation New Hope Inc operate?
Operation New Hope Inc is headquartered in Jacksonville, FL.
Who funded Operation New Hope Inc recently?
In 2025, Operation New Hope Inc received grants from AMERICAN ONLINE GIVING FOUNDATION INC, UNITED WAY OF NORTHEAST FLORIDA INC, and EMILY BALZ SMITH FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Operation New Hope Inc received in 2024?
The largest grant to Operation New Hope Inc in 2024 exceeds $350 thousand.