Radical Hope Inc
- Assets
- $3.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Concord, MA
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 82-4420567
Organization Overview
Radical Hope Inc is located in Concord, MA. The organization was established in 2018. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Radical Hope Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Radical 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, Radical Hope Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $2.8m 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
RADICAL HOPE IS COMMITTED TO IMPROVING THE LIVES AND FUTURES OF YOUNG ADULTS BY STRENGHTENING CONNECTIONS AND BUILDING RESILIENCE. WE IDENTIFY, DEVELOP, FUND AND SCALE EVIDENCE-BASED PROGRAMS THAT INCREASE RESILIENCE IN YOUNG PEOPLE THROUGH OUR CORE PRIORITIES: CONNECTIVITY, ENGAGEMENT, EMPOWERMENT, EMOTIONAL REGULATION AND SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RADICAL HEALTH: FOLLOWING SUCCESSFUL PILOTS IN 2020 OF OUR FOUR-WEEK COLLEGE PROGRAM, RADICAL HOPE SCALED THE PROGRAM TO SEVEN NEW COLLEGE CAMPUSES, REACHING THOUSANDS OF NEW STUDENTS. RADICAL HEALTH EMPOWERS AND EQUIPS YOUNG ADULTS WITH SKILLS TO BUILD RESILIENCE BEFORE THEY REACH A CRISIS POINT. RADICAL HOPE FUNDS ALL COSTS ASSOCIATED WITH EXECUTING THE PROGRAM FOR EVERY PARTNER, INCLUDING: ALL ORIGINAL CONTENT; PROGRAM TRAINING AND FACILITATOR STIPENDS; PROPRIETARY PORTAL DEVELOPMENT, HOSTING AND ONGOING MAINTENANCE; PROGRAM CUSTOMIZATION FOR EACH PARTNER; MARKETING AND PROMOTIONAL MATERIALS.
SCIENTIFIC ADVISORY: RADICAL HOPE IS COMMITTED TO EVIDENCE-BASED PROGRAMMING AND DATA-DRIVEN EFFECTIVENESS FOR ALL OF ITS INVESTMENTS. SCIENTIFIC ADVISORY FUNDING SUPPORTS BEHAVIORAL HEALTH EXPERTISE TO IDENTIFY, ASSESS AND INFORM ALL OF RADICAL HOPE'S PROGRAM WORK.
BRING CHANGE TO MIND: IN 2021, RADICAL HOPE DELIVERED ON ITS COMMITMENT TO SUPPORT HIGH SCHOOL-AGED STUDENTS THROUGH A PARTNERSHIP WITH BRING CHANGE TO MIND (BC2M), AN EVIDENCE-BASED PEER-TO-PEER CLUB PROGRAM THAT EMPOWERS AND EDUCATES STUDENTS THROUGH A CULTURE OF PEER SUPPORT WITHIN SCHOOLS. AS PART OF A TWO-YEAR COMMITMENT, RADICAL HOPE ENABLED THE LAUNCH OF 50 NEW BC2M CLUBS IN NORTHEAST HIGH SCHOOLS THROUGH AN INVESTMENT OF $250,000.00. THESE ACTIVE CLUBS HAVE REACHED MORE THAN 55,000 YOUNG PEOPLE IN THEIR COMMUNITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Feld President & CEO /director | OfficerTrustee | 40 | $358,654 |
Jackie Orsher Director Of Communications & Programs | 40 | $139,231 | |
Pamela Bossidy Martin Co-Founder/clerk | OfficerTrustee | 15 | $0 |
Philip Martin Co-Founder/treasurer/director | OfficerTrustee | 15 | $0 |
Paul Bossidy Vice Chairman/director | Trustee | 15 | $0 |
Lawrence Bossidy Honorary Chairman/director | Trustee | 15 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Potentia Workforce Radical Health Platform | 12/30/21 | $135,000 |
The November Team Radical Health Prog& Communication | 12/30/21 | $120,000 |
Neurologically Radical Health Platform | 12/30/21 | $110,000 |
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 | $2,245,422 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,245,422 |
| Total Program Service Revenue | $0 |
| Investment income | $287 |
| 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 | $2,245,709 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $133,326 |
| 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. | $358,654 |
| Compensation of current officers, directors, key employees. | $57,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $310,501 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,985 |
| Payroll taxes | $39,028 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,196 |
| Fees for services: Accounting | $44,977 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112,285 |
| Advertising and promotion | $15,975 |
| Office expenses | $33,730 |
| Information technology | $6,510 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,855 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $259 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,767 |
| Insurance | $3,850 |
| All other expenses | $0 |
| Total functional expenses | $2,796,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,374,031 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,027,845 |
| Accounts receivable, net | $0 |
| 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 | $4,426 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $108,533 |
| Other assets | $0 |
| Total assets | $3,514,835 |
| Accounts payable and accrued expenses | $91,671 |
| 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 | $91,671 |
| Net assets without donor restrictions | $3,423,164 |
| 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 | $3,514,835 |
Grants Awarded
Over the last fiscal year, Radical Hope Inc has awarded $127,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: TO INVEST IN THE MISSION OF RADICAL HOPE, INC. | $75,000 |
New York, NY PURPOSE: TO SUPPORT EXECUTION OF RADICAL HEALTH PROGRAMS | $30,000 |
New York, NY PURPOSE: TO SUPPORT EXECUTION OF RADICAL HEALTH PROGRAMS | $12,000 |
Middletown, CT PURPOSE: TO SUPPORT EXECUTION OF RADICAL HEALTH PROGRAMS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Radical Hope Inc has recieved totaling $523,250.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $325,000 |
Eugene A And Suzanne H Gorab Foundation Naples, FL PURPOSE: GENERAL & UNRESTRICTED | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $28,250 |
Gursahaney Family Foundation Inc Boca Raton, FL PURPOSE: GENERAL SUPPORT | $25,000 |
Adp Foundation Roseland, NJ PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
Abstraction Fund New York, NY PURPOSE: GENERAL PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Shore-Lij Radiology Services P C Westbury, NY | $6,438,473 | $17,406,935 |
Cornerstone Vna Rochester, NH | $17,189,767 | $21,619,391 |
Union Health Center Inc New York, NY | $18,690,918 | $15,923,798 |
Tja Orthopedic Surgery Pc New York, NY | $0 | $10,713,113 |
Ahivim Inc Monroe, NY | $8,974,297 | $15,675,686 |
Commons Project Foundation New York, NY | $8,135,493 | $3,726,619 |
Western New York Clinical Information Exchange Inc Depew, NY | $10,718,220 | $12,539,818 |
Healthcare Information Xchange Of New York Inc Albany, NY | $11,686,996 | $9,602,104 |
Rhode Island Quality Institute Providence, RI | $6,291,309 | $10,854,721 |
Empire Home Infusion Service Inc Malta, NY | $4,763,448 | $9,472,781 |
Avenir Health Inc Glastonbury, CT | $9,602,786 | $8,298,230 |
Cerebral Palsy Transport Inc New York, NY | $994,796 | $7,391,152 |