Stone of Hope Youth
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Stone of Hope Youth meets the 20 Standards for Charity Accountability.
Stated Purpose:
Year-round mentoring to
underserved male youth ages 9-18 in West Valley City, UT.
Year, State Incorporated:
2019, UT
Stone of Hope Youth's (SOHY) Legacy Mentor Program is positively impacting the lives of low income, underserved male youth ages 9-18. Our core programs are weekly mentor sessions, financial literacy classes, field trips, service projects and summer camps. Our purpose is to encourage healthy outcomes such as self-confidence, connectedness, and healthy relationships with family, friends and community. We are committed to meeting our students emotional, physical and social needs through physical activities each week, breakout sessions and discussions covering topics such as conflict resolution, right decision making, and living a life of integrity. The result of this character focus is that our youth are more likely to avoid gangs, to engage in positive behaviors, and to be productive contributors to society. SOHYs impact strategy is centered around providing weekly and consistent, relationship-based mentoring to underserved youth in a structured, supportive environment. Our strategy is grounded in research showing that sustained, meaningful adult relationships are among the most powerful protective factors in a young person's life.
For the year ended December 31, 2023, Stone of Hope Youth's program expenses were:
| Programs | $101,096 |
| Total Program Expenses | $101,096 |
Chief Executive
Nick Gonzales, Founder/Executive Director
Chair of the Board
Casey Spencer
Chair's Profession / Business Affiliation
Smart Overhead Door
Board Size
8
Method(s) Used:
Print advertisements (newspapers, magazines, etc.), Television, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Stone of Hope Youth's IRS Form 990-EZ for the year ended December 31, 2023.
Source of Funds
| Contributions and Grants | $176,546 |
| Investment Income | $1,938 |
| Total Income | $178,484 |
Programs: 76% Fundraising: 12% Administrative: 12%
| Total Income | $178,484 |
| Total expenses: | $132,392 |
| Program expenses | $101,096 |
| Fundraising expenses | $15,648 |
| Administrative expenses | $15,648 |
| Other expenses | $0 |
| Income in Excess of Expenses | $46,092 |
| Beginning Net Assets | $141,564 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $187,656 |
| Total Liabilities | $1,683 |
| Total Assets | $189,339 |
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Meets Standards
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Standards Not Met
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Review in Progress
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Unable to Verify
Report completed by:
Better Business Bureau Serving the Pacific Southwest