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CHARITY REVIEW
Issued: July 2024 Expires: July 2026

Hope Collaborative

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(502) 665-0052
PO Box 991336
Louisville, KY, 40269-1336
https://hopeccd.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Hope Collaborative meets the 20 Standards for Charity Accountability.

Stated Purpose:
Through purposeful relationships, Hope Collaboratives loves children and families to inspire hope.

Year, State Incorporated:
2017, KY

Hope Collaborative offers a comprehensive school-based mentoring program to public school students in its communities. Mentors meet with a group of up to four students for up to one hour per week and commit to meeting with their group for one school year. Mentors lead conversations and activities that focus on pro-social development, academic achievement, and character building. Hope Collaborative is currently mentoring in Jefferson, Oldham, Hardin, Elizabethtown Independent, Bullitt, Henry, New Albany/Floyd, and Greater Clark School systems. Hope Collective also operates a trauma-informed community development center called Hope Place. It strives to be a safe place where hope is made tangible through the body of Christ serving its neighbors in South Louisville. Hope Place offers a variety of programs and services for youth and adults. Hope Collaborative also offers Court Diversion workshops through a partnership with the Juvenile Administrative Offices of the Courts. Youth in this program have been charged with either misdemeanors or low-level felonies, with charges ranging from drugs, tobacco, alcohol, burglary, shoplifting, criminal mischief, and criminal trespassing.

For the year ended December 31, 2023, Hope Collaborative's program expenses were:

Program services $470,777
Total Program Expenses $470,777

Chief Executive
Scott Brown, Executive Director

Chair of the Board
Mr. Dan Hall

Chair's Profession / Business Affiliation

Board Size
6

Paid Staff Size
11

Method(s) Used:
Invitations to fund raising events, Grant proposals, Membership appeals, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 2.29%

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 Hope Collaborative's unaudited financial statements for the year ended December 31, 2023.

Source of Funds
Contributions, grants, fundraising events $598,111
Rental income $2,470
Program income $1,425
Total Income $602,006

Programs: 82% Fundraising: 2% Administrative: 16%

Total Income $602,006
Total expenses: $577,113
  Program expenses $470,777
  Fundraising expenses $13,683
  Administrative expenses $92,653
  Other expenses $0
Income in Excess of Expenses $24,893
Beginning Net Assets $329,876
Other Changes In Net Assets $18,255
Ending Net Assets $373,024
Total Liabilities $12,332
Total Assets $385,356
Ending net assets as reported above are without donor restrictions.

Total assets as reported above include $175,752 in property and equipment, net.

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.

RELATED CONTENT

Report completed by:
BBB serving Greater Kentucky and South Central Indiana