Boys Hope Girls Hope
- Assets
- $7.8m
- Revenue
- $3.2m
- Investments
- $378.4k
- Employees
- 25
- Location
- Wilmette, IL
- Founding
- 12/1979
- Data as of
- 06/2022
- EIN
- 51-0248353
Organization Overview
Boys Hope Girls Hope is located in Wilmette, IL. 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 06/2022, Boys Hope Girls Hope employed 25 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 06/2022, Boys Hope Girls Hope generated $3.2m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PROGRAM PROVIDES HOUSING AND EDUCATIONAL ASSISTANCE FOR ABANDONED, ABUSED, AND NEGLECTED YOUTHS IN A FAMILY ENVIRONMENT THAT ALLOWS THEM TO MATURE AND SUCCEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BHGH OF ILLINOIS IS A PRIVATELY FUNDED, DCFS-LICENSED, RESIDENTIAL SCHOLARSHIP PROGRAM. WE PROVIDE FAMILY-LIKE GROUP HOMES, COLLEGE-PREP EDUCATION, AND SUPPORT THROUGH COLLEGE GRADUATION TO MOTIVATED STUDENTS FROM IMPOVERISHED FAMILIES, MOSTLY FROM CHICAGO'S SOUTH AND WEST SIDES. WE HAVE A 40-YEAR TRACK RECORD IN EVANSTON WITH HUNDREDS OF SUCCESSFUL OUTCOMES. FOR OUR 24 HIGH SCHOOL SCHOLARS, AGES 12-18, WE BREAK DOWN BARRIERS TO ACHIEVEMENT BY PROVIDING EVERYTHING A FORTUNATE FAMILY MIGHT OFFER: A SAFE, STRUCTURED HOME AND EXCELLENT SCHOOLS, NIGHTLY MEALS AROUND A FAMILY TABLE, MEDICAL CARE AND SOCIAL-EMOTIONAL SUPPORT, TUTORING, ACT PREP, COLLEGE APPLICATION GUIDANCE, COMMUNITY SERVICE, AND EXTRACURRICULAR ACTIVITIES. FOR OUR 24 COLLEGIANS, WE PROVIDE FINANCIAL AID NAVIGATION, A SCHOLARSHIP, DORM SETUP, AND COMPUTER, INTERNSHIP ACCESS, CAREER READINESS, AND ONGOING SUPPORT WHEN THEY STUMBLE. BHGH OFFERS MOTIVATED KIDS AN OPPORTUNITY TO SEE THE WORLD BEYOND THEIR NEIGHBORHOODS AND BUILD A FUTURE FOR THEMSELVES AND THEIR FAMILIES THROUGH GRIT, HARD WORK, AND HIGH-QUALITY EDUCATION. OUR PROGRAM WORKS: 100% OF OURS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Croutea Executive Director | Officer | 40 | $141,383 |
Amy Ward Director | Trustee | 1 | $0 |
Andrew Shackelford Director | Trustee | 1 | $0 |
Catherine Giella Director | Trustee | 1 | $0 |
Christopher Crawshaw Director | Trustee | 1 | $0 |
Connor Mccarthy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $633,401 |
| Related organizations | $0 |
| Government grants | $195,145 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,559,377 |
| Noncash contributions included in lines 1a–1f | $22,642 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,387,923 |
| Total Program Service Revenue | $202,426 |
| Investment income | $608,474 |
| 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 | $3,217,355 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $140,865 |
| Compensation of current officers, directors, key employees. | $9,944 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $652,079 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $111,764 |
| Payroll taxes | $58,192 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,673 |
| Advertising and promotion | $26,556 |
| Office expenses | $26,154 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $143,493 |
| Travel | $24,061 |
| 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 | $40,848 |
| Depreciation, depletion, and amortization | $85,178 |
| Insurance | $14,693 |
| All other expenses | $0 |
| Total functional expenses | $1,936,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $261 |
| Savings and temporary cash investments | $5,877,882 |
| Pledges and grants receivable | $17,850 |
| 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 | $59,090 |
| Net Land, buildings, and equipment | $1,427,372 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $378,431 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,760,886 |
| Accounts payable and accrued expenses | $118,160 |
| 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 | $118,160 |
| Net assets without donor restrictions | $6,640,418 |
| Net assets with donor restrictions | $1,002,308 |
| 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 | $7,760,886 |