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New York BBB Wise Giving Report for
HOPE Program

A BBB Accredited charity

 


Expiration Date:
01/2011
Name:
HOPE Program
Address:
One Smith Street
4th Floor
Brooklyn, NY 11201
Phone:
718-852-9307
Year, State Incorporated:
1984, New York
Affiliates:
None
Stated Purpose:
" Helps individuals living in poverty to achieve economic self-sufficiency. "





Evaluation Conclusions
 

               
HOPE Program (HOPE) meets the 20 Standards for Charity Accountability.




Programs
 

               
The HOPE Program is dedicated to helping impoverished New Yorkers find, maintain, and advance in jobs by addressing the underlying causes of each client’s unemployment. The HOPE Program is comprised of a work-readiness program that combines job training and placement with GED tutoring, internships, and individual counseling. HOPE’s curriculum includes career exploration, computer training, math and writing for the workplace, writing resumes and job applications, communication skills, time management, and dressing for success. In addition, HOPE offers individual and group counseling services, mentorships, benefits assistance, and a food pantry, as well as provides evening classes in advanced computer software programs.



Governance
 

               
Chief Executive Officer:
Barbara Edwards Delsman, Executive Director
Compensation*:
$128,787
Chair of the Board:
Richard W. Moore
Chair's Profession / Business Affiliation:
Meaders, Duckworth, & Moore
Board Size:
19
Paid Staff Size:
18



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

               
Method(s) Used:

direct mail appeals, grant proposals
Fund raising costs were 7.2% of related contributions. (Related contributions, which totaled $2,600,842, are donations received as a result of fund raising activities.)




Tax Status
 

               
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

               
The following information is based on HOPE's Audited Financial Statements for the fiscal year ended June 30, 2008.

Source of Funds
 

Foundation & Corporate Contributions

 $1,959,894

Individual Contributions

 381,528

Government Grants

228,535

Other not for profit organizations

 30,885

Investment Income

 18,618

Total Income

$2,619,460

Expenses
 
Program Expenses 

Program

$1,745,093
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Total expenses

Income in Excess of Expenses

 1,745,093
187,600
183,746
$2,116,439

$503,021



Uses of Funds as a % of Total Expenses


Programs: 83%  Fund Raising: 9%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $2,604,225
Ending net assets 3,107,246
Total liabilities 143,337
Total assets
$3,250,583






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.

 
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