Hope For Tomorrow Inc
- Assets
- $425.8k
- Revenue
- $618.4k
- Investments
- $2.9k
- Employees
- 4
- Location
- Aurora, IL
- Founding
- 06/2002
- Data as of
- 12/2021
- EIN
- 36-4481458
Organization Overview
Hope For Tomorrow Inc is located in Aurora, IL. The organization was established in 2002. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Hope For Tomorrow Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Tomorrow 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, Hope For Tomorrow Inc generated $618.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $577.3k during the year ending 12/2021. 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
SOBER RESIDENTIAL LIVING, DUI EVALUATIONS AND DUI RISK EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING STRUCTURED, SOBER, SUPPORTIVE RESIDENTIAL QUARTERS TO INDIVIDUALS IN EARLY RECOVERY FROM THE DISEASES OF SUBSTANCE ABUSE, CHEMICAL DEPENDENCE, AND/OR COMPULSIVE PATHOLOGICAL GAMBLING. IN ADDITION, HOPE FOR TOMORROW, INC(HFT) PROVIDES LEVEL I/II OUTPATIENT ALCOHOL/DRUG TREATMENT TO ADOLESCENTS AND ADULTS, ALONG WITH DUI EVALUATIONS/REMEDIAL EDUCATION AND CRISIS INTERVENTION. APPROX 96-98% OF HFT CLIENTS ARE INDIGENT AND HOMELESS-LACKING FINANCIAL RESOURCES AND SAFE, SOBER LIVING QUARTERS. RESIDENTIAL CLIENTS SERVED ANUALLY(MEDIAN-78).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey S Gilbert President/exec/clinic | Officer | 60 | $106,192 |
Janet J Gilbert Vice President | Officer | 40 | $67,760 |
Timothy F Simms Clinical Director | Officer | 40 | $57,676 |
Michael Bell Employee | Officer | 40 | $33,920 |
Barbara Pancake Director/secretary | OfficerTrustee | 3 | $0 |
Ronald Niemer Director/treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $284,448 |
| All other contributions, gifts, grants, and similar amounts not included above | $163,110 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $447,558 |
| Total Program Service Revenue | $115,836 |
| 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 | $4,858 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $618,389 |
| 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. | $265,548 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,671 |
| 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 | $2,130 |
| Office expenses | $6,324 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,453 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,988 |
| Insurance | $0 |
| All other expenses | $40,300 |
| Total functional expenses | $577,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,098 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,742 |
| 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 | $0 |
| Net Land, buildings, and equipment | $369,647 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,850 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,461 |
| Total assets | $425,798 |
| Accounts payable and accrued expenses | $9,885 |
| 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 | $28,112 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $341,754 |
| Total liabilities | $379,751 |
| Net assets without donor restrictions | $46,047 |
| 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 | $425,798 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hope For Tomorrow Inc has recieved totaling $41,487.
| Awarding Organization | Amount |
|---|---|
Bersted Foundation Dallas, TX PURPOSE: MEN'S & VETERANS' RECOVERY | $20,000 |
Northern Illinois Food Bank Geneva, IL PURPOSE: FEED THE HUNGRY | $12,331 |
Community Foundation Of The Fox River Valley Aurora, IL PURPOSE: BENEFIT GREATER AURO | $9,156 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Community Services Inc Milwaukee, WI | $23,809,088 | $39,591,625 |
Safer Foundation Chicago, IL | $13,705,862 | $27,693,039 |
Transitions Inc Covington, KY | $17,383,184 | $9,808,810 |
Center For Women In Transition St Louis, MO | $2,039,660 | $1,960,819 |
Criminal Justice Ministry St Louis, MO | $3,925,914 | $2,188,411 |
Legacy Reentry Foundation Nfp Waukegan, IL | $446,273 | $1,149,202 |
Hope For Tomorrow Inc Aurora, IL | $425,798 | $618,389 |
Solar Rating & Certification Corp Country Club Hills, IL | $298,592 | $487,818 |
Pride Roc Chicago, IL | $28,679 | $476,301 |
Center For Correctional Concerns Joliet, IL | $186,987 | $393,000 |
Reading Between The Lines Nfp Chicago, IL | $807,099 | $451,584 |
Dismas House Of Indiana Inc South Bend, IN | $249,345 | $240,529 |