Hope For Youth Inc is located in Amityville, NY. The organization was established in 1969. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Hope For Youth Inc employed 206 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Youth Inc 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 06/2021, Hope For Youth Inc generated $14.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $13.6m during the year ending 06/2021. While expenses have increased by 5.1% per year over the past 6 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
HOPE FOR YOUTH IS DEDICATED TO FACILITATING POSITIVE CHANGE IN THE LIVES OF CHILDREN,ADOLESCENTS AND FAMILIES. WE PROVIDE STABLE,NURTURING,RESIDENTIAL CARE,FOSTER CARE,PREVENTIVE AND OUT-PATIENT PROGRAMS WHICH EDUCATE,MOTIVATE AND EMPOWER INDIVIDUALS TO BECOME SELF-SUFFICIENT AND ACHIEVE THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIAGNOSTIC & EMERGENCY SERVICES:HOPE FOR YOUTH PROVIDES DIAGNOSTIC, EMERGENCY AND RESPITE RESIDENTIAL SERVICES FOR CHILDREN AND YOUTH FOR THE PURPOSES OF STABILIZATION, EVALUATION AND OVERALL TREATMENT PLANNING TO AID IN SUCCESSFUL GROWTH AND HEALTHY LIVING. HOPE FOR YOUTHS FAMILY TIES PROGRAM PROVIDES A SAFE AND SUPPORTIVE ENVIRONMENT DESIGNED TO KEEP LARGE SIBLING GROUPS TOGETHER FOLLOWING A REMOVAL FROM THEIR FAMILY HOME BY CHILD PROTECTIVE SERVICES. HOPE FOR YOUTHS ADOLESCENT DIAGNOSTIC PROGRAM PROVIDES EMERGENCY PLACEMENT, STABILIZATION AND ASSESSMENT FOR YOUTH REFERRED BY THE FAMILY COURT, SOCIAL SERVICES, PROBATION AND MENTAL HYGIENE.
RESIDENTIAL GROUP HOMES - HARD TO PLACE:THE HOPE FOR YOUTH SIBLING REUNIFICATION PROGRAM IS DESIGNED TO MEET THE CRITICAL NEED OF THE CHILD WELFARE SYSTEM TO KEEP SIBLING GROUPS TOGETHER. THIS PROGRAM PROVIDES A HOME-LIKE, STRUCTURED, COMMUNITY BASED LOCATION THAT OFFERS AN ARRAY OF SERVICES TO THIS VERY UNIQUE POPULATION AND MOST IMPORTANTLY REUNITES SIBLINGS TOGETHER , USUALLY FROM SEPARATE FOSTER HOMES, IN PREPARATION FOR DISCHARGE. THROUGH EXPANSIVE VISITATION AND FAMILY ENGAGEMENT, PARENTS CAN PREPARE FOR FAMILY REUNIFICATION. HFY CAN ACCOMMODATE ONE OR MORE LARGE SIBLING GROUPS IN OUR SIBLING REUNIFICATION PROGRAM AND IT OPERATES AS A FAMILY SETTING.HOPE FOR YOUTH ALSO OPERATES A HARD TO PLACE GROUP HOME SERVING ADOLESCENT FEMALES BETWEEN THE AGES OF 13 AND 21 AND ANOTHER FOR ADOLESCENT MALES IN THE SAME AGE GROUP. HFY WORKS CLOSELY WITH THE REFERRAL SOURCE, CHILD AND FAMILY TO IDENTIFY THE STRENGTHS AND NEEDS OF EACH YOUTH AND FAMILY AND TO DESIGN A TREATMENT PLAN WITH THE PRIMARY GOAL OF REUNIFICATION OF THE FAMILY, ADOPTION OR A SUCCESSFUL DISCHARGE OF AN OLDER ADOLESCENT TO INDEPENDENT LIVING.
THERAPEUTIC FOSTER CARE PROGRAM:HOPE FOR YOUTH PROVIDES SAFE, SUPPORTIVE TEMPORARY HOMES FOR CHILDREN AND YOUTH WHO ARE WORKING TOWARDS REUNIFICATION WITH RELATIVES, PERMANENT PLACEMENT THROUGH ADOPTION OR SELF-SUFFICIENCY. WE ARE COMMITTED TO PROVIDING QUALITY CARE AND STABILITY FOR OUR FOSTER CHILDREN WHILE WORKING TOWARDS A MORE PERMANENT AND STABLE PLAN FOR THEIR FUTURE. WE ARE COMMITTED TO PLACING ALL CHILDREN IN THE MOST APPROPRIATE AND NURTURING HOME SETTINGS FOR THEIR RECOVERY, HEALING AND PLAN FOR PERMANENCY AND STABILIZATION. HOPE FOR YOUTH MATCHES CHILDREN WITH THE FAMILIES THAT CAN BEST SUIT THEIR FOSTER CARE NEEDS. BY PROVIDING THE BEST OPPORTUNITY FOR SUCCESSFUL PLACEMENT WE PREVENT MULTIPLE PLACEMENTS. HOPE FOR YOUTH FOSTER CARE CHILDREN RANGE IN AGE FROM INFANTS TO AGE 21.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David J Hegarty PHD Lmft Executive Direc | Officer | 35 | $244,121 |
Julia Smith CFO | Officer | 35 | $129,442 |
Christopher Fischer Asst Exec. Director | 35 | $125,399 | |
Peter Breckling First V.preside | OfficerTrustee | 0 | $0 |
Frank Mcveigh Secretary | OfficerTrustee | 0 | $0 |
Anthony Cummings ESQ President | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $3,975,065 |
All other contributions, gifts, grants, and similar amounts not included above | $355,404 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,330,469 |
Total Program Service Revenue | $9,836,334 |
Investment income | $5,052 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $161,860 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,335,992 |
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. | $534,674 |
Compensation of current officers, directors, key employees. | $534,674 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,267,139 |
Pension plan accruals and contributions | $307,792 |
Other employee benefits | $1,279,921 |
Payroll taxes | $651,703 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $51,547 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $289,428 |
Insurance | $263,988 |
All other expenses | $1,344,014 |
Total functional expenses | $13,583,985 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,382,010 |
Savings and temporary cash investments | $669,863 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,014,233 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $103,502 |
Net Land, buildings, and equipment | $2,953,299 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $194,751 |
Other assets | $548,142 |
Total assets | $10,865,800 |
Accounts payable and accrued expenses | $2,146,855 |
Grants payable | $0 |
Deferred revenue | $246,152 |
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 | $4,590,498 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,231,380 |
Total liabilities | $9,214,885 |
Net assets without donor restrictions | $1,650,915 |
Net assets with donor restrictions | $0 |
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 | $10,865,800 |
Over the last fiscal year, we have identified 11 grants that Hope For Youth Inc has recieved totaling $354,962.
Awarding Organization | Amount |
---|---|
Dave Thomas Foundation For Adoption Dublin, OH PURPOSE: WENDY'S WONDERFUL KIDS GRANTS | $150,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: RUNAWAY AND HOMELESS YOUTH SERVICES | $150,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: HOMELESS YOUTH STREET OUTREACH | $38,406 |
The Page And Otto Marx Jr Foundation Lake Success, NY PURPOSE: YOUTH SERVICES | $8,250 |
Island Outreach Foundation Inc Center Moriches, NY PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,207 |
Organization Name | Assets | Revenue |
---|---|---|
Dr Miriam And Sheldon G Adelson Medical Research Foundation Needham, MA | $9,824,950 | $46,333,953 |
Donald B And Dorothy L Stabler Foundation Harrisburg, PA | $483,040,822 | $63,822,611 |
Fund For Charitable Giving Pittsburgh, PA | $174,176,180 | $114,342,351 |
Hope For Youth Inc Amityville, NY | $10,865,800 | $14,335,992 |
Lauren And Lee Fixel Family Foundation Inc New York, NY | $40,185,371 | $21,974,777 |
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
North Central Area Agency On Aging Inc Hartford, CT | $1,856,134 | $6,505,484 |