Boys Hope Girls Hope

Organization Overview

Boys Hope Girls Hope is located in Brooklyn, NY. The organization was established in 1979. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2021, Boys Hope Girls Hope employed 23 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 06/2021, Boys Hope Girls Hope generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING AND EDUCATIONAL ASSISTANCE FOR AT RISK, MOTIVATED AND EDUCATIONALLY CAPABLE INNER-CITY YOUTH. THESE CHILDREN ARE PLACED IN A FAMILY ENVIRONMENT THAT ALLOWS THEM TO MATURE AND SUCCEED THROUGH GUIDANCE, EDUCATION, FINANCIAL SUPPORT AND ENCOURAGEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR SCHOLAR'S ACADEMIC ACHIEVEMENT MADE FOR ANOTHER YEAR OF GREAT ACADEMIC SUCCESS. OUR SENIOR CLASS (7 SCHOLARS) FOR THE TENTH YEAR IN A ROW RECEIVED 100% ACCEPTANCE INTO FOUR-YEAR COLLEGES AND UNIVERSITIES. IN TOTAL, THEY EARNED 87 ACCEPTANCES TO 55 DIFFERENT SCHOOLS AND NEARLY 1.3 MILLION DOLLARS IN COLLEGE SCHOLARSHIPS AND GRANT. COLLEGES THAT CLASS OF 2021 WILL BE MATRICULATING IN THE FALL INCLUDE UNIVERSITY AT BUFFALO, MESSIAH UNIVERSITY, VILLANOVE UNIVERSITY, BUFFALO STATE COLLEGE, MACAULALY HONORS AT BROOKLYN COLEGE, UNIVERSITY AT ALBANY, AMONG OTHERS. DESPITE THE CHALLENGES THAT OUR SCHOLARS HAVE FACED AND CONTINUE TO FACE IN THEIR LIVES, THEY CONSISTENTLY SHOW THE GRIT AND DETERMINATION TO SUCCEED. THEIR HARD WORK, RESILIENCE, RESOLVE, AND ACCOMPLISHMENTS INSPIRE US ALL, AND WE ARE GRATEFUL FOR THE SUPPORT OF OUR DONORS, STAKEHOLDERS, AND COMMUNITY PARTNERS WHO SHARE OUR BELIEF THAT MOTIVATED YOUTH CAN OVERCOME SIGNIFICANT BARRIERS AND DEVELOP THEIR INHERENT TALENTS WHEN SURROUNDED BY STRONG RELATIONSHIPS AND OPPORTUNITIES FOR ENRICHMENT IN AN ENVIRONMENT THAT EMPOWERS THEM AND ALLOWS THEM TO FOCUS ON THEIR STRENGTHS. SNAPSHOT OF THE YEARS SUCCESS:87% COLLEGE RETENTION RATE (CLASS OF 2016-CLASS OF 2019). 58 COLLEGIANS OUT OF 67 ARE ON TRACK TO GRADUATE WITHIN 4 YEARS. 100% OF OUR 7 GRADUATING SCHOLARS WERE ACCEPTED INTO 4-YEAR COLLEGES. COMBINED, THEY RECEIVED 87 ACCEPTANCES TO 55 DIFFERENT SCHOOLS. 5 OUT OF 7 HAD THEIR FULL FINANCIAL NEED MET, 4 OUT OF 7 RECEIVED FULL SCHOLARSHIPS TO ONE MORE COLLEGEOUR GRADUATING CLASS EARNED NEARLY 1.3 MILLION DOLLARS IN GRANT AND SCHOLARSHIP AID.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Patuleia
Executive Dir.
$213,402
Michael Mcmanus
COO
$106,808
Patrick O Haskell
Chairman
$0
Robert Grillo
Co-Vice Chair
$0
Nicola White
Co-Vice Chair
$0
Kevin C Haskell
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,286,570
Related organizations$0
Government grants $483,619
All other contributions, gifts, grants, and similar amounts not included above$740,682
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,510,871
Total Program Service Revenue$0
Investment income $2,762
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $60,000
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 $2,573,633

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Boys Hope Girls Hope has recieved totaling $208,000.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$70,000
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

$59,500
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$28,000
American Endowment Foundation

Hudson, OH

PURPOSE: HUMAN SERVICE

$27,500
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: EDUCATIONAL PROGRAMS & OTHER STUDENT SVC

$17,000
San Antonio Area Foundation

San Antonio, TX

PURPOSE: GENERAL SUPPORT

$6,000
View Grant Recipient Profile

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