Boys Hope Girls Hope Academy Program
- Assets
- $5.3m
- Revenue
- $275.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Garfield Hts, OH
- Founding
- 01/2019
- Data as of
- 06/2021
- EIN
- 82-5125123
Organization Overview
Boys Hope Girls Hope Academy Program is located in Garfield Hts, OH. The organization was established in 2019. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys Hope Girls Hope Academy Program is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BHGH ACADEMY PROGRAM IS A TYPE I SUPPORTING ORGANIZATION FOR BOYS HOPE GIRLS HOPE OF NORTHEASTERN OHIO (BHGHNO). ITS PRIMARY MISSION IS TO CONSTRUCT A BUILDING/GYMNASIUM FOR BHGHNO TO OPERATE ITS ACADEMY PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A TYPE 1 SUPPORTING ORGANIZATION, THE ONLY PURPOSE OF THIS ENTITY IS TO CONSTRUCT AND PROVIDE THE BUILDING IN WHICH BOYS HOPE GIRLS HOPE OF NORTHEASTERN OHIO, THE SUPPORTED ORGANIZATION, WILL OPERATE ITS ACADEMY PROGRAM SERVING HUNDREDS OF CHILDREN PER YEAR. THE BUILDING WAS COMPLETED IN JULY, 2019.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William T Beargie President | OfficerTrustee | 1 | $0 |
Andrew Moock Treasurer | OfficerTrustee | 1 | $0 |
Timothy Grady Executive Director | Officer | 1 | $0 |
Michael Catanzarite Board Member | Trustee | 1 | $0 |
Thomas Eby Board Member | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $275,400 |
| Investment income | $0 |
| 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 | $275,400 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $218,400 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $57,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $139,575 |
| Insurance | $0 |
| All other expenses | $36,000 |
| Total functional expenses | $450,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $5,198,994 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,339,994 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,632,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $431,180 |
| Total liabilities | $6,063,680 |
| Net assets without donor restrictions | -$723,686 |
| Net assets with donor restrictions | $0 |
| 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 | $5,339,994 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boys Hope Girls Hope Academy Program has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Ohio Boys Town Inc Brook Park, OH | | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Ohio University Foundation Athens, OH | $641,559,157 | $75,179,430 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
Western Michigan University Foundation Kalamazoo, MI | $431,026,780 | $43,479,998 |
Pelotonia Columbuus, OH | $27,807,886 | $34,892,875 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Foundation For Indiana University Of Pennsylvania Indiana, PA | $226,911,998 | $27,994,482 |
Miami University Foundation Inc Oxford, OH | $724,573,926 | $28,643,439 |
Bowling Green State University Foundation Inc Bowling Green, OH | $269,755,787 | $28,051,237 |
Ball State University Foundation Muncie, IN | $262,845,495 | $25,627,270 |
The University Of Toledo Foundation Toledo, OH | $690,162,176 | $41,543,760 |
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |