Hope School Foundation
- Assets
- $15.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Springfield, IL
- Founding
- 10/1999
- Data as of
- 06/2021
- EIN
- 37-1385176
Organization Overview
Hope School Foundation is located in Springfield, IL. The organization was established in 1999. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, Hope School Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope School Foundation 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, Hope School Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $759.6k during the year ending 06/2021. While expenses have increased by 20.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND BENEFIT THE HOPE SCHOOL, VISION FOR HOPE, AND HOPE CLINICAL CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOPE SCHOOL FOUNDATION SUPPORTS THE ACTIVITIES OF THE HOPE SCHOOL, VISION FOR HOPE, AND HOPE CLINICAL CARE THROUGH GRANTMAKING, FUNDRAISING AND DEVELOPMENT EVENTS, DIRECT MAIL SOLICITATIONS, AND GRANT SEEKING ACTIVITIES. THE HOPE SCHOOL FOUNDATION SUPPORTS HOPE PROGRAMS ACROSS THE ENTIRE HOPE BUSINESS STRUCTURE THROUGH DISCRETIONARY GRANTS AWARDED FOR SPECIFIC ORGANIZATIONAL NEEDS. FOR EXAMPLE, THE FOUNDATION HAS PROVIDED SUPPORT FOR TRAINING AND PROFESSIONAL DEVELOPMENT OF HOPE STAFF, INDOOR SENSORY PLAY AREA FOR THE AUTISM CLINIC, AND REFURBISHING THE HOPE LEARNING ACADEMY GYM. ADDITIONALLY, THE FOUNDATION'S GRANTMAKING PROGRAM WILL PROVIDE PARTIAL TUITION REIMBURSEMENT FOR HOPE EMPLOYEES' CONTINUING EDUCATION. SEPARATELY, THE HOPE DEVELOPMENT TEAM HOSTS SEVERAL EVENTS THAT SUPPORTS HOPE'S PROGRAM, INCLUDING STYLE OF HOPE, THE HOPEFUL FUTURES GALA, GLO BINGO, AND BLUES AND BREWS. THE FOUNDATION ALSO PARTNERS WITH LOCAL DEALERSHIPS TO RUN AN ANNUAL DREAM CAR RAFFLE TO BENEFIT THE CHILDREN OF HOPE. THESE FUNDRAISERS, COUPLED WITH FOUR ANNUAL DIRECT MAILINGS ACROSS THE UNITED STATES, SOLICIT FUNDS TO SUPPORT HOPE PROGRAMMING AND FOUNDATION GRANT MAKING. FINALLY, THE FOUNDATION SUPPORTS GRANT SEEKING AND FURTHER DEVELOPMENT OPPORTUNITIES FOR OUR GROWING ORGANIZATION.
HOPE PAVILION SUPPORTS THE ACTIVITIES OF HOPE CLINICAL CARE AND THE HOPE SCHOOL THROUGH THE PROVISION OF CLINICAL, TRAINING, AND OFFICE SPACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Skylar Tierney Cbd&fo | Officer | 30 | $103,726 |
Clint Paul President/ceo | OfficerTrustee | 3 | $0 |
Joshua Renken Chairman | OfficerTrustee | 2 | $0 |
Steve Helm CFO | Officer | 3 | $0 |
Erica Beeman Member | Trustee | 2 | $0 |
Julie Cellini Member | Trustee | 2 | $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 | $479,221 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $479,221 |
| Total Program Service Revenue | $0 |
| Investment income | $229,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,743 |
| Net Gain/Loss on Asset Sales | $134,245 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $130,593 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,007,753 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $91,882 |
| 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. | $135,290 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,486 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,575 |
| Payroll taxes | $0 |
| Fees for services: Management | $95,220 |
| 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 | $66,593 |
| Fees for services: Other | $54,242 |
| Advertising and promotion | $0 |
| Office expenses | $54,513 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,301 |
| 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 | $51,316 |
| Insurance | $0 |
| All other expenses | $15,133 |
| Total functional expenses | $759,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,588 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $232,108 |
| 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 | $9,023 |
| Net Land, buildings, and equipment | $2,221,774 |
| Investments—publicly traded securities | $13,195,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,660,493 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $132,933 |
| 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 | $1,643,359 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,776,292 |
| Net assets without donor restrictions | $13,008,301 |
| Net assets with donor restrictions | $875,900 |
| 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 | $15,660,493 |
Grants Awarded
Over the last fiscal year, Hope School Foundation has awarded $91,882 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Springfield, IL PURPOSE: TO SERVE CHILDREN WITH DEVELOPMENTAL DISABILITIES AND MENTAL ILLNESS. | $46,444 |
Springfield, IL PURPOSE: TO SERVE CHILDREN WITH DEVELOPMENTAL DISABILITIES AND MENTAL ILLNESS. | $45,438 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope School Foundation has recieved totaling $78.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $78 |
Endowment Analysis
| Beg. Balance | $681,866 |
| Earnings | $146,301 |
| Net Contributions | $25,000 |
| Other Expense | $33,813 |
| Ending Balance | $819,354 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Ball State University Foundation Muncie, IN | $262,845,495 | $25,627,270 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |