Boys Hope Girls Hope
- Assets
- $14.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 21
- Location
- Garfield Hts, OH
- Founding
- 12/1979
- Data as of
- 06/2021
- EIN
- 34-1534921
Organization Overview
Boys Hope Girls Hope is located in Garfield Hts, OH. The organization was established in 1979. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Boys Hope Girls Hope employed 21 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Boys Hope Girls Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO NURTURE AND GUIDE MOTIVATED YOUNG PEOPLE IN NEED TO BECOME WELL-EDUCATED, CAREER-READY MEN AND WOMEN FOR OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BHGH OFFERS A RESIDENTIAL PROGRAM WHERE SCHOLARS LIVE IN ONE OF 3 HOMES ON OUR CAMPUS IN GARFIELD HEIGHTS. SCHOLARS ENROLLED IN THE PROGRAM ATTEND PRIVATE MIDDLE AND HIGH SCHOOLS WHOSE MISSIONS REFLECT THE SAME HOLISTIC VALUES THAT BHGH WAS FOUNDED UPON.
BHGH ACADEMY PROGRAM IS A 7 YEAR CONTINUUM OF SUPPORT PROVIDED TO MIDDLE SCHOOL AND HIGH SCHOOL SCHOLARS. THROUGH OUR HOLISTIC CURRICULUM, SCHOLARS IN THE PROGRAM RECEIVE ACADEMIC ENRICHMENT, STEM EDUCATION, HANDS ON LEARNING EXPERIENCES AND COLLEGE & CAREER COUNSELING AS WELL AS OPPORTUNITIES TO PARTICIPATE IN SERVICE, LEADERSHIP AND COMMUNITY BUILDING EXPERIENCES.
UPON GRADUATION FROM HIGH SCHOOL, BHGH CONTINUES SUPPORTING SCHOLARS THROUGH PERSONALIZED MENTORSHIP AND GUIDANCE THROUGHOUT THEIR POST-SECONDARY YEARS AND INTO THE LAUNCH OF THEIR CAREER. SCHOLARS ARE PAIRED WITH A CAREER & LIFE COACH WHO THEY COMMUNICATE WITH ON A MONTHLY BASIS. ELIGIBLE SCHOLARS CAN ALSO APPLY FOR SCHOLARSHIP SUPPORT TO PROMOTE COLLEGE AFFORDABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Grady Executive Director | Officer | 40 | $112,527 |
Michael M Boeschenstein Chair | OfficerTrustee | 2 | $0 |
Nancy C Benacci Secretary | OfficerTrustee | 1 | $0 |
Edward T Marshall DDS Treasurer | OfficerTrustee | 1 | $0 |
Ann Coakley Anderson Member | Trustee | 1 | $0 |
Alice Armstrong Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $648,095 |
| Related organizations | $218,400 |
| Government grants | $285,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,730,874 |
| Noncash contributions included in lines 1a–1f | $77,884 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,882,369 |
| Total Program Service Revenue | $0 |
| Investment income | $147,465 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$152,879 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,968,071 |
| 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. | $112,527 |
| Compensation of current officers, directors, key employees. | $6,263 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $654,965 |
| Pension plan accruals and contributions | $8,474 |
| Other employee benefits | $98,373 |
| Payroll taxes | $57,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,560 |
| Fees for services: Accounting | $12,800 |
| 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 | $136,422 |
| Travel | $48,958 |
| 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 | $344,254 |
| Insurance | $61,315 |
| All other expenses | $144,225 |
| Total functional expenses | $2,358,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,330,520 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $507,434 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $431,180 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,077 |
| Net Land, buildings, and equipment | $2,013,162 |
| Investments—publicly traded securities | $6,459,027 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,481,200 |
| Total assets | $14,229,600 |
| Accounts payable and accrued expenses | $184,772 |
| 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 | $0 |
| Total liabilities | $184,772 |
| Net assets without donor restrictions | $11,561,192 |
| Net assets with donor restrictions | $2,483,636 |
| 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 | $14,229,600 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Boys Hope Girls Hope has recieved totaling $346,969.
| Awarding Organization | Amount |
|---|---|
B Charles And Jay G Ames Foundation Mayfield Heights, OH PURPOSE: GENERAL | $175,468 |
Cleveland Foundation Cleveland, OH PURPOSE: GENERAL SUPPORT | $55,146 |
Treu Mart Fund Cleveland, OH PURPOSE: ACADEMIC RECOVERY AND SOCIAL EMOTIONAL HEALTH | $25,000 |
Higley Fund Of The Cleveland Foundation Cleveland, OH PURPOSE: RENEWED SUPPORT OF THE FOOD AND NUTRITION NEEDS OF BOYS HOPE GIRLS HOPE SCHOLARS | $20,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $11,255 |
Endowment Analysis
| Beg. Balance | $4,459,545 |
| Earnings | $1,624,350 |
| Net Contributions | $600,132 |
| Other Expense | $225,000 |
| Ending Balance | $6,459,027 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Church Of God Home Inc Carlisle, PA | $19,131,303 | $10,297,438 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |