Hope Program Inc

Organization Overview

Hope Program Inc is located in Brooklyn, NY. The organization was established in 1985. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2021, Hope Program Inc employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Program 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 Program Inc generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $6.3m during the year ending 06/2021. While expenses have increased by 15.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EMPOWERS NEW YORKERS TO BUILD SUSTAINABLE FUTURES THROUGH TRAINING, JOBS & ADVANCEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMPREHENSIVE TRAINING: HOPE EMPOWERS NEW YORKERS TO BUILD SUSTAINABLE CAREERS. HOPE FOCUSES ON JOBSEEKERS WITH SIGNIFICANT BARRIERS TO EMPLOYMENT, INCLUDING HISTORIES OF CRIMINAL LEGAL SYSTEM INVOLVEMENT, SUBSTANCE ABUSE, HOMELESSNESS, LOW EDUCATIONAL ATTAINMENT AND OTHERS. THROUGH HOPEWORKS PROGRAM FOR GENERAL CAREERS HOPE'S TRAINING OFFERS A FULL-TIME STRUCTURE, MIRRORED AFTER THE WORKFORCE; LITERACY AND MATH CLASSES; COMPUTER TRAINING; FINANCIAL LITERACY; RESUME-WRITING AND INTERVIEW SKILLS WORKSHOPS; CERTIFICATIONS; DAILY MEALS; PROFESSIONAL CLOTHING; INTRODUCTIONS TO EMPLOYERS AND OTHER SUPPORTS. HOPE ALSO EMBEDS MENTAL HEALTH AWARENESS, SCREENINGS, AND REFERRALS ACROSS ALL PROGRAMS.


JOBS, CAREER ADVANCEMENT AND LIFELONG CAREER SUPPORT: HOPE ENGAGES A ROBUST NETWORK OF EMPLOYER PARTNERS ACROSS THE INDUSTRIES FOR WHICH PARTICIPANTS ARE TRAINED AND ARE SEEKING EMPLOYMENT. JOB PLACEMENTS ARE MADE THROUGH ONE-ON-ONE MATCHES BETWEEN GRADUATES AND EMPLOYERS; INTERVIEW EVENTS, HOSTED BOTH ON-SITE AT HOPE'S FACILITY AND BY THE EMPLOYERS; AND ONGOING SUPPORT TO GRADUATES IN INDEPENDENT JOB SEARCH. EMPLOYED GRADUATES RECEIVE A YEAR OF STRUCTURED FOLLOW-UP, INCLUDING INCENTIVES FOR ACHIEVING SPECIFIC JOB RETENTION MILESTONES, SUPPORT IN NAVIGATING WORKPLACE CHALLENGES, RE-PLACEMENT SUPPORT IF NECESSARY, AND COACHING TO SUPPORT CAREER ADVANCEMENT. HOPE FOLLOWS ITS MOTTO: "WHEN YOU'RE HOPE, YOU'RE HOPE FOR LIFE," OFFERING ALL OF ITS GRADUATES ONGOING SUPPORT AT ANY STAGE OF THEIR CAREERS.


PROGRAM ANALYTICS: AS A DATA-DRIVEN ORGANIZATION, HOPE CAREFULLY AND STRATEGICALLY TRACKS PROGRAM OUTCOMES AND THEIR RELATIONSHIPS TO EMPLOYMENT BARRIERS AND OTHER PARTICIPANT CHARACTERISTICS. AS SUCH, THE ORGANIZATION CONTINUOUSLY ASSESSES PROGRESS TOWARD GOALS AND LEVERAGES DATA TO DETERMINE THE IMPACT OF PROGRAMMATIC INNOVATIONS AND ADJUSTS ACCORDINGLY.


OTHER PROGRAMS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,757,300
All other contributions, gifts, grants, and similar amounts not included above$4,392,106
Noncash contributions included in lines 1a–1f $40,974
Total Revenue from Contributions, Gifts, Grants & Similar$7,149,406
Total Program Service Revenue$0
Investment income $26,305
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,525
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,258,502

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hope Program Inc has recieved totaling $2,000.

Awarding OrganizationAmount
De La Cour Family Foundation

Glen Cove, NY

PURPOSE: TO HELP FUND THE RECIPIENTS OPERATING BUDGET

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$715,695
Earnings$49,742
Other Expense$15,416
Ending Balance$750,021

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