The Hope Program
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
The Hope Program meets the 20 Standards for Charity Accountability.
Stated Purpose:
The HOPE Program is a leading workforce development organization that
empowers New Yorkers to build sustainable futures through comprehensive
training, advancement and lifelong career support.
Year, State Incorporated:
1984, NY
The HOPE Program provides job training and career support to New Yorkers facing significant barriers to employment, such as histories of substance abuse, court involvement, homelessness, and more. HOPE's rigorous training model is employer- and outcomes-driven, focusing on a combination of workplace soft skills such as communication, conflict resolution, and time management, as well as hard skills such as computer training, resume writing, math and English literacy, and industry-recognized certifications. HOPE is the parent organization of Sustainable South Bronx, which trains participants for careers in green infrastructure and maintenance through hands-on projects that make the South Bronx, and New York City, more environmentally sustainable. All HOPE participants have access to comprehensive wraparound services, including daily meals, benefits assistance, mental health counseling and referrals, financial literacy tools, and career advancement support.
For the year ended March 20, 2024, The Hope Program's program expenses were:
| Programs | $6,631,702 |
| Total Program Expenses | $6,631,702 |
Chief Executive
Tracey Capers, Executive Director
Chair of the Board
Lauren Samuel, Vice President
Chair's Profession / Business Affiliation
Barclays
Board Size
24
Paid Staff Size
50
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.), Solicitations for Used Clothing
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 The Hope Program's audited financial statements - consolidated for the year ended March 20, 2024.
Source of Funds
| Government Grants | $3,558,456 |
| Foundation and Corporate Contributions | $3,380,515 |
| Special Event Revenue | $643,715 |
| Individual Contributions | $542,395 |
| Investment Activity | $165,616 |
| Other Revenue | $82,451 |
| Donated Goods | $55,968 |
| Contributions Other | $35,000 |
| Total Income | $8,464,116 |
Programs: 80% Fundraising: 5% Administrative: 15%
| Total Income | $8,464,116 |
| Total expenses: | $8,281,912 |
| Program expenses | $6,631,702 |
| Fundraising expenses | $447,660 |
| Administrative expenses | $1,202,550 |
| Other expenses | $0 |
| Income in Excess of Expenses | $182,204 |
| Beginning Net Assets | $4,914,305 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $5,096,509 |
| Total Liabilities | $1,348,315 |
| Total Assets | $6,444,824 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
