Boys Hope Girls Hope
- Assets
- $13.6m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 24
- Location
- Saint Louis, MO
- Founding
- 03/1976
- Data as of
- 06/2021
- EIN
- 51-0182614
Organization Overview
Boys Hope Girls Hope is located in Saint Louis, MO. The organization was established in 1976. 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 06/2021, Boys Hope Girls Hope employed 24 individuals. This organization is a parent organization of 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 $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $3.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Boys Hope Girls Hope has awarded 20 individual grants totaling $404,571. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BOYS HOPE GIRLS HOPE NURTURES AND GUIDES MOTIVATED YOUNG PEOPLE IN NEED TO BECOME WELL-EDUCATED, CAREER-READY MEN AND WOMEN FOR OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMING (14 UNITED STATES AFFILIATES). BHGH WORKS TO CLOSE THE ACHIEVEMENT GAP AND WORKFORCE DEVELOPMENT DIVIDE BY ACTING AS A BRIDGE TO OPPORTUNITY. WE CURRENTLY SERVE 1,200 YOUTH IN 16 CITIES IN THE U.S. AND LATIN AMERICA WITH A COMPREHENSIVE APPROACH THAT SUPPORTS YOUNG PEOPLE THROUGH THE MOST VULNERABLE AND CRITICAL TRANSITIONS OF THEIR LIVES-FROM MIDDLE TO HIGH SCHOOL, HIGH SCHOOL TO COLLEGE, THROUGH CAREER LAUNCH. (SEE SCHEDULE O FOR FULL DESCRIPTION).
INTERNATIONAL ASSISTANCE: OUR LATIN AMERICAN AFFILIATES SERVE POPULATIONS OF GREAT NEED. GUATEMALA HAS SOME OF THE LOWEST SOCIAL DEVELOPMENT INDICATORS IN LATIN AMERICA DUE TO HIGH LEVELS OF VIOLENCE, INSECURITY, AND INEQUALITY, CONTRIBUTING TO ELEVATED POVERTY LEVELS. FORTY-SEVEN PERCENT OF GUATEMALANS LIVE BELOW THE POVERTY LINE. IN MEXICO, THE NUMBER OF FAMILIES IN POVERTY IS 41.9%. (SEE SCHEDULE O FOR FULL DESCRIPTION).
SCHOLARSHIPS: WE BELIEVE IN AND LEVERAGE THE TRANSFORMATIVE POWER OF EDUCATION TO HELP OUR SCHOLARS AND COLLEGIANS REALIZE THEIR GOALS. THIS INCLUDES JOINING FORCES WITH OUR AFFILIATES TO REDUCE DEBT BY PROVIDING SCHOLARSHIP SUPPORT FOR POST-SECONDARY EDUCATION. ELIGIBLE STUDENTS ARE ENROLLED IN 15 CREDIT HOURS, EARN A 2.5 OR HIGHER GPA, ATTEND OUR COLLEGIATE PREP PROGRAM (WHICH GATHERS OUR COLLEGIANS BEFORE THEIR FRESHMAN YEAR TO NETWORK WITH COMMUNITY AND CORPORATE LEADERS, BUILD CAMARADERIE, AND ESTABLISH A SUPPORT SYSTEM), AND HAVE COMPLETED A COLLEGE SUCCESS PLAN AND AT LEAST 80% OF OUR MY ROAD COLLEGE PREP/LIFE SKILLS CURRICULUM AS SCHOLARS. IN FY21, 262 BHGH COLLEGIANS RECEIVED SCHOLARSHIP FUNDING. (SEE SCHEDULE O FOR FULL DESCRIPTION).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Ostby President & CEO | Officer | 40 | $182,843 |
Brian Hipp Vice President | Officer | 40 | $122,273 |
Kimberly Hines Vice President | Officer | 40 | $107,611 |
William Fronczak Vice President | Officer | 40 | $107,094 |
Judith Horrell Chief Financial Officer | Officer | 40 | $107,094 |
Melanie Burden Vice President | Officer | 40 | $38,923 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,924 |
| Related organizations | $0 |
| Government grants | $260,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,822,922 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,098,346 |
| Total Program Service Revenue | $873,020 |
| Investment income | $2,065,453 |
| 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 | $5,043,559 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $451,713 |
| Grants and other assistance to Foreign Orgs/Individuals | $91,144 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $732,305 |
| Compensation of current officers, directors, key employees. | $153,808 |
| Compensation to disqualified persons | $774,749 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $195,380 |
| Payroll taxes | $108,106 |
| Fees for services: Management | $100,743 |
| Fees for services: Legal | $1,505 |
| Fees for services: Accounting | $39,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,365 |
| Advertising and promotion | $43,569 |
| Office expenses | $51,378 |
| Information technology | $90,315 |
| Royalties | $0 |
| Occupancy | $32,986 |
| Travel | $4,337 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,967 |
| Insurance | $81,290 |
| All other expenses | $0 |
| Total functional expenses | $3,072,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $625,324 |
| Pledges and grants receivable | $313,973 |
| Accounts receivable, net | $5,463 |
| 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 | $61,003 |
| Net Land, buildings, and equipment | $1,036,315 |
| Investments—publicly traded securities | $11,438,403 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $162,646 |
| Total assets | $13,643,127 |
| Accounts payable and accrued expenses | $284,810 |
| 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 | $420,332 |
| Total liabilities | $705,142 |
| Net assets without donor restrictions | $1,440,911 |
| Net assets with donor restrictions | $11,497,074 |
| 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 | $13,643,127 |
Grants Awarded
Over the last fiscal year, Boys Hope Girls Hope has awarded $71,571 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Garfield Hts, OH PURPOSE: Program services | $32,884 |
Richmond Heights, MO PURPOSE: Program services | $12,896 |
Phoenix, AZ PURPOSE: Program services | $11,606 |
Brooklyn, NY PURPOSE: Program services | $7,737 |
New Orleans, LA PURPOSE: Program services | $6,448 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Boys Hope Girls Hope has recieved totaling $452,944.
| Awarding Organization | Amount |
|---|---|
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: HUMAN SERVICES | $140,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $74,100 |
Jamie & Denise Jacob Family Foundation Bloomfield Hills, MI PURPOSE: TO SUPPORT EDUCATION. | $65,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $52,747 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $52,747 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $31,000 |
Endowment Analysis
| Beg. Balance | $8,968,490 |
| Earnings | $1,962,926 |
| Grants | $317,810 |
| Ending Balance | $10,613,606 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas Childrens Service League Wichita, KS | $10,344,235 | $17,651,176 |
Kids Above All Illinois Chicago, IL | $6,170,372 | $14,023,607 |
Catholic Charities Of Louisville Inc Louisville, KY | $10,972,807 | $15,581,081 |
Jackson County Community Childrens Service Fund Kansas City, MO | $22,334,800 | $14,345,673 |
Youth Service Bureau Of Illinois Valley Incorporated Ottawa, IL | $4,153,278 | $14,098,230 |
Gads Hill Center Chicago, IL | $12,791,437 | $15,113,158 |
Crossroads Youth & Family Services Inc Norman, OK | $6,187,416 | $14,829,861 |
Lutheran Family And Childrens Services Of Missouri St Louis, MO | $11,391,794 | $13,865,128 |
Ronald Mcdonald House Charities Of Chicagoland And Northwest Indiana Oak Brook, IL | $71,872,336 | $16,625,455 |
Night Ministry Chicago, IL | $17,470,779 | $11,762,279 |
Child Saving Institute Inc Omaha, NE | $4,800,291 | $9,949,776 |
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |