Boys Hope Girls Hope
- Assets
- $13.4m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 24
- Location
- Garfield Hts, OH
- Founding
- 12/1979
- Data as of
- 06/2023
- 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 06/2023, Boys Hope Girls Hope employed 24 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.
For the year ending 06/2023, Boys Hope Girls Hope generated $3.3m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $3.1m during the year ending 06/2023. While expenses have increased by 9.8% per year over the past 3 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
2023
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 |
|---|---|---|---|
Michael M Boeschenstein Chair | OfficerTrustee | 2 | $0 |
Edward T Marshall DDS Treasurer | OfficerTrustee | 1 | $0 |
Nancy C Benacci Secretary | OfficerTrustee | 1 | $0 |
Alice Armstrong Member | Trustee | 1 | $0 |
Douglas R Bell Member | Trustee | 1 | $0 |
Isabella T Dorr Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $276,515 |
| Related organizations | $229,526 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,661,178 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,167,219 |
| Total Program Service Revenue | $0 |
| Investment income | $170,952 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,996 |
| Net Income from Fundraising Events | -$99,656 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,264,393 |
| 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. | $185,009 |
| Compensation of current officers, directors, key employees. | $14,877 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $935,232 |
| Pension plan accruals and contributions | $7,629 |
| Other employee benefits | $112,405 |
| Payroll taxes | $86,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,501 |
| Fees for services: Accounting | $15,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $65,499 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $171,222 |
| Travel | $57,807 |
| 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 | $364,050 |
| Insurance | $83,536 |
| All other expenses | $168,038 |
| Total functional expenses | $3,118,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,118,748 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $835,736 |
| 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 | $54,263 |
| Net Land, buildings, and equipment | $1,990,866 |
| Investments—publicly traded securities | $5,463,095 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,516,103 |
| Total assets | $13,409,991 |
| Accounts payable and accrued expenses | $264,071 |
| Grants payable | $0 |
| Deferred revenue | $72,590 |
| 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 | $34,903 |
| Total liabilities | $371,564 |
| Net assets without donor restrictions | $10,229,979 |
| Net assets with donor restrictions | $2,808,448 |
| 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 | $13,409,991 |