Hope For Youth Inc
- Assets
- $4.1m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 76
- Location
- Fresno, CA
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 55-0801348
Organization Overview
Hope For Youth Inc is located in Fresno, CA. The organization was established in 2003. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2023, Hope For Youth Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For Youth 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 12/2023, Hope For Youth Inc generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 16.2% per year over the past 8 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 PROVIDE CARE FOR CHILDREN WHO ARE WARDS OF THE COURT AND TO PROVIDE CARE FOR CHILDREN AND ADULTS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CARE TO CHILDREN WHO ARE WARDS OF THE COURT SYSTEM.
TO PROVIDE CARE FOR CHILDREN AND ADULTS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clinard Fletcher Executive Dir. | Trustee | 40 | $251,153 |
James Allison Director | Trustee | 4 | $0 |
Michael Williams Director | Trustee | 4 | $0 |
Troy Jollivete President | Officer | 4 | $0 |
Nelson Fowlkes Secretary | Officer | 4 | $0 |
Lionel Cobb Treasurer | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,899,270 |
| Investment income | $53,669 |
| 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 | $4,524,550 |
| 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. | $251,153 |
| Compensation of current officers, directors, key employees. | $62,788 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,024,796 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,357 |
| Payroll taxes | $192,123 |
| 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 | $85,263 |
| Advertising and promotion | $6,391 |
| Office expenses | $15,986 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $141,683 |
| Travel | $1,452 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,640 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,665 |
| Insurance | $94,137 |
| All other expenses | $177,941 |
| Total functional expenses | $3,420,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $454,451 |
| Savings and temporary cash investments | $2,876,253 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $196,481 |
| 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 | $459,099 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,243 |
| Total assets | $4,078,527 |
| Accounts payable and accrued expenses | $21,224 |
| 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 | $90,253 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $192,233 |
| Total liabilities | $303,710 |
| Net assets without donor restrictions | $3,774,817 |
| 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 | $4,078,527 |