Foundation Of Hope Inc
- Assets
- $1.1m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 21
- Location
- Pittsburgh, PA
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 20-5218569
Organization Overview
Foundation Of Hope Inc is located in Pittsburgh, PA. The organization was established in 2006. According to its NTEE Classification (P46) the organization is classified as: Family Counseling, under the broad grouping of Human Services and related organizations. As of 12/2021, Foundation Of Hope Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of Hope 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 12/2021, Foundation Of Hope Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 10.8% per year over the past 7 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
THE FOUNDATION OF H.O.P.E., INC, (HOPE) IS AN INTERFAITH NON-PROFIT WITH THE MISSION OF "EMPOWERING PEOPLE IMPACTED BY THE CRIMINAL JUSTICE SYSTEM TO RENEW THEIR FAITH, REBUILD THEIR LIVES, AND RESTORE POSITIVE RELATIONSHIPS."
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOPE CHAPLAINCY PROGRAM IN THE ALLEGHENY COUNTY JAIL PROVIDES PASTORAL CARE, CHARITY, WORSHIP, RELIGIOUS EDUCATION, RELIGIOUS PROGRAMMING, AND OTHER SUPPORT SERVICES FOR INMATES OF ALL FAITHS.
THE HOPE AFTERCARE PROGRAM IS AN INTERFAITH PRE AND POST-RELEASE ADULT REINTEGRATION PROGRAM FOR INMATES AND EX-OFFENDERS THAT SEEKS TO ENSURE THEIR SUCCESSFUL RETURN TO THE COMMUNITY. HOPE AFTERCARE PROVIDES INFORMATION RESOURCES, REFERRALS, AND GUIDANCE REGARDING EMPLOYMENT, HOUSING, EDUCATION, FOOD ASSISTANCE, MENTAL HEALTH SERVICES, AND CLOTHING.
THE HOPE PRE-RELEASE PROGRAM IS AN INTER-FAITH, FAITH-BASED, REHABILITATIVE PROGRAM FOR MINIMUM AND MEDIUM SECURITY INMATES THAT WORKS IN COLLABORATION WITH KEY COMMUNITY SERVICE PROVIDERS AND VOLUNTEERS TO EMPOWER INCARCERATED INDIVIDUALS TO RESTORE THEIR RELATIONSHIP WITH GOD, REBUILD THEIR LIVES, AND RECONCILE TO THEIR COMMUNITIES.
THE HOPE DIVERSION PROGRAM IS DESIGNED TO GIVE YOUNG PEOPLE WHO COMMIT NON-VIOLENT, LOW-TO-MEDIUM OFFENSE THE OPPORTUNITY TO REMAIN IN THE COMMUNITY WHILE ADDRESSING THEIR NEEDS RATHER THAN BEING PROSECUTED, CONVICTED, OR INCARCERATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Raeford - Resigned 122 Executive Director | OfficerTrustee | 40 | $104,809 |
Rikell Ford Secretary | OfficerTrustee | 3 | $0 |
Jay Gilmer President | OfficerTrustee | 3 | $0 |
John Buckley - Resigned 1221 Treasurer | OfficerTrustee | 3 | $0 |
Lynne Chadwick Vice President | OfficerTrustee | 2 | $0 |
Jeff Williams Int Executive Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,967 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $699,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $707,517 |
| Total Program Service Revenue | $844,775 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,552,292 |
| 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. | $104,810 |
| Compensation of current officers, directors, key employees. | $88,040 |
| Compensation to disqualified persons | $719,688 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $45,057 |
| Other employee benefits | $10,217 |
| Payroll taxes | $57,563 |
| 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 | $96,441 |
| Advertising and promotion | $0 |
| Office expenses | $35,236 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,000 |
| Travel | $9,383 |
| 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 | $2,672 |
| Insurance | $7,054 |
| All other expenses | $5,512 |
| Total functional expenses | $1,300,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275,382 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $400,000 |
| Accounts receivable, net | $374,414 |
| 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 | $6,853 |
| Net Land, buildings, and equipment | $17,650 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,074,299 |
| Accounts payable and accrued expenses | $15,120 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,383 |
| Total liabilities | $29,503 |
| Net assets without donor restrictions | $208,095 |
| Net assets with donor restrictions | $836,701 |
| 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 | $1,074,299 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Foundation Of Hope Inc has recieved totaling $816,561.
| Awarding Organization | Amount |
|---|---|
The Heinz Endowments Pittsburgh, PA PURPOSE: TO SUPPORT THE UTILIZATION OF GRANT FUNDS TO IMPROVE THE OUTCOMES FOR LOW-INCOME YOUTH THROUGH AN EVIDENCED-BASED DIVERSION PROGRAM IN THE HILL DISTRICT | $400,000 |
The Heinz Endowments Pittsburgh, PA PURPOSE: TO PROVIDE A SECOND ROUND OF SUPPORT FOR THE IMPLEMENTATION OF THE HILL DISTRICT DIVERSION PILOT FOR YOUTH | $200,000 |
Pittsburgh Foundation Pittsburgh, PA PURPOSE: HUMAN SERVICES | $81,500 |
The Buhl Foundation Pittsburgh, PA PURPOSE: TO SUPPORT THE NORTHSIDE-BASED PRE-ARREST/PRE-BOOKING DIVERSION PROGRAM | $75,000 |
Hillman Family Foundations Pittsburgh, PA PURPOSE: AFTERCARE PROGRAM FOR SUCCESSFUL PRISONER RE-ENTRY | $33,000 |
Philip And Patricia Muck Charitable Foundation Pittsburgh, PA PURPOSE: AFTER CARE PROGRAM | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Counseling Center Of Armstrong County Kittanning, PA | $12,207,435 | $12,939,142 |
Compass Family And Community Services Mineral Ridge, OH | $11,431,848 | $11,891,849 |
Family Service Society Of Yonkers Yonkers, NY | $11,351,796 | $11,401,094 |
Partnership With Children Inc New York, NY | $12,836,457 | $11,758,018 |
Family Service Foundation Inc Landover Hills, MD | $4,600,296 | $9,786,408 |
North Shore Child And Family Guidance Association Incorporated Roslyn Heights, NY | $8,262,852 | $10,222,213 |
Pastoral Counseling Service Of Summit County Akron, OH | $4,574,114 | $10,554,126 |
Jewish Family & Childrens Services Of Northern New Jersey Inc Teaneck, NJ | $3,921,484 | $9,311,177 |
Reach Counseling Services Brook Park, OH | $3,485,233 | $7,031,976 |
The Family Counseling Center Of Fulton County Inc Gloversville, NY | $11,300,368 | $7,477,342 |
Council For Relationships Inc Philadelphia, PA | $2,207,573 | $6,448,638 |
Family Counseling Service Of The Finger Lakes Inc Geneva, NY | $1,608,616 | $5,653,226 |