2017 - Financial Statement

NewHope2008 Nonprofit Organization
P. O. Box 10635, Westminster, CA 92685

www.NewHope2008.org
Email: NewHope2008.charity@yahoo.com
 
2017 - Revenue and Expense Report  Received Spent Forward to 2018
Well Project 13860 13860 0
Housing Projects 41400 40400 1000
Notebooks/Bicycle Projects 6010 5910 100
Laptops  3758 3758 Ten laptops
College Scholarship Project 17732 15682 2050
Scholarship for Master/PHD students 1208 1208 0
Food Assistance for the Elderly 5757 5757 0
Special Projects 5614 5614 0
Rice Project 6750 6750 0
Mopeds for needy college students 2900 2900 0
To-be-Determined Projects 1919 0 1919
PayPal fee 101 101 0
Made up for projects' shortage 89 89  
Admin costs (web hosting, po box rental, tax filing, stamps, phone) 525 525 0
Total received in 2017 and forward from prior year 107623 0 0
Total spent in 2017 for all projects   102554 0
Total balance to be forwarded to 2018     5069
** Balance forwarded from donations received in 2016 12627    
**Total donations received  in 2017 94996    
 

2017 - Accomplishments

  • Built 26 houses for the homeless/needy families
  • Built 39 wells for the poverty-stricken families
  • Distributed 12.7 tons of rice to 636 needy families
  • Awarded 50 bicycles to the needy students from 5 schools
  • Awarded 14,280 notebooks to 1108 students from 14 schools
  • Sponsored food for 108 elderly/disabled families ($50 each family)
  • Awarded 33 college scholarships to 33 needy student
    • (10 freshmen, $600 each;
    • 1 special scholarship for a medical student $1000;
    • 1 special for a master student, $800;
    • the rest, $400 each. Two of these from special projects).
  • Distributed 11 laptops to needy students
  • Distributed 2 mopeds to 2 graduating students in need
  • Distributed 288 menthol oil bottles (dầu xanh)

                           

Comprehensive Financial Statement from 2008 to 2017

Revenue and Expense from 01/01/2008  to 12/31/2017
    Forward
  
               
Incorporated date: 8/26/2008
    To Next Houses Wells Bicycles Notebooks Rice Scholarships Sickly/ Oil
This summary includes funding prior to incorporation
Received Spent Year Built Built Given Given Dist Awarded Disabled Bottles Laptops
Total Funding Received in 2008:  from 01/01/08 to 08/25/08
37204 37204 * * * * * * * *
Total Funding Received in 2008 : from 08/26/08 to 12/31/08
13095 10600 2495 28 58 11270 4 8 0 0
Total Funding Received in 2009
29609 29654 2450 19 50 13040 6 8 0 0
Total Funding Received in 2010
69786 56589 15647 24 60 20000 19 14 80 0
Total Funding Received in 2011
90837 103021 3463 37 90 22500 19 32 101 2240
Total Funding Received in 2012 56430 56043 3850 26 51 16360 13 25 80 0
Total Funding Received in 2013 60938 57878 6910 22 50 17440 25 28 78 0
Total Funding Received in 2014 57282 60984
3208
18 40 23780 13 29 145 1152
Total Funding Received in 2015 71127 72535
1800
22 17 40 16700 15 26 129 1102
Total Funding Received in 2016 133090 122263
12627
22 29 100 18540 22.5 27 134 0 32
Total Funding Received in 2017 94996 102554 5069 26 39 50 14280 12.7 33 108 288 11
Total from 2008 - 2017
714394 709325 5069 244 85 589 173910 149.2 230 855 4782 43
Balance Forwarded to 2018: $5069
Laptops Forwarded to 2018: 10

 

Accomplishments from 2008 to 2017
Houses Built: 244
Wells Built: 85
Bicycles Distributed: 589
Notebooks Distributed: 173910
Scholarships Awarded: 230
Laptop Awarded: 43
Rice Distributed: 149 tons
Elderly/Sickly/Disable families helped: 855
Green Menthol Oil Bottles Distributed: 4782