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Nonprofiteer
← HOPE IGNITES

Form 990 for tax year 2022

Filed by HOPE IGNITES.

Totals

Total revenue
$3,265,904
Total expenses
$3,790,945
Contributions and grants received
$2,568,379
Grants paid
$500,786
Program service revenue
$594,393
Investment income
$99,336
Other revenue
$3,796
Total assets, end of year
$12,854,767
Total liabilities, end of year
$813,172
Net assets or fund balances, end of year
$12,041,595
Program services expenses (Part IX)
$2,605,278
Management and general expenses
$858,937
Fundraising expenses
$326,730
Program service expenses (Part III)
$2,605,278

Program services were 68.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $66,288

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $2,502,091

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: In Kind Equipment

    total $139,900 · related or exempt $139,900 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Affiliate Support

    total $454,493 · related or exempt $454,493 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $99,336 · related or exempt $99,336 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $66,288

  • 11a · Other revenue: Loss on Sale of Property

    total -$31,827 · related or exempt -$31,827 · unrelated business $0 · excluded $0

  • 11b · Other revenue: Miscellaneous

    total $35,623 · related or exempt $35,623 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $3,796

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $419,686 · program services $419,686

  • 3 · Grants to foreign organizations and individuals

    total $81,100 · program services $81,100

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $787,324 · program services $509,959 · management and general $159,942 · fundraising $117,423

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $946,056 · program services $650,388 · management and general $193,570 · fundraising $102,098

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $223,482 · program services $149,601 · management and general $45,578 · fundraising $28,303

  • 10 · Payroll taxes

    total $128,607 · program services $86,095 · management and general $26,225 · fundraising $16,287

  • 11a · Fees: management

    total $47,520 · program services $27,260 · management and general $20,260 · fundraising $0

  • 11b · Fees: legal

    total $3,100 · program services $0 · management and general $3,100 · fundraising $0

  • 11c · Fees: accounting

    total $31,343 · program services $0 · management and general $31,343 · fundraising $0

  • 12 · Advertising and promotion

    total $109,552 · program services $84,526 · management and general $24,700 · fundraising $326

  • 13 · Office expenses

    total $60,028 · program services $10,250 · management and general $49,778 · fundraising $0

  • 14 · Information technology

    total $132,762 · program services $96,454 · management and general $23,731 · fundraising $12,577

  • 16 · Occupancy

    total $78,043 · program services $0 · management and general $78,043

  • 17 · Travel

    total $72,325 · program services $59,030 · management and general $9,617 · fundraising $3,678

  • 22 · Depreciation, depletion and amortization

    total $80,178 · program services $0 · management and general $80,178 · fundraising $0

  • 23 · Insurance

    total $146,216 · program services $101,254 · management and general $44,962 · fundraising $0

  • 24a · Other expenses: Staff Recruiting and Education

    total $43,454 · program services $3,672 · management and general $39,782 · fundraising $0

  • 24b · Other expenses: Program Support and Administration

    total $400,169 · program services $326,003 · management and general $28,128 · fundraising $46,038

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $632,640 · end of year $433,271

  • 3 · Pledges and grants receivable

    beginning of year $591,089 · end of year $808,566

  • 4 · Accounts receivable

    beginning of year $18,035 · end of year $45,502

  • 9 · Prepaid expenses and deferred charges

    beginning of year $275,239 · end of year $236,250

  • 10a · Land, buildings and equipment: cost or other basis

    $437,325

  • 10b · Land, buildings and equipment: accumulated depreciation

    $187,389

  • 10c · Land, buildings and equipment, net

    beginning of year $296,376 · end of year $249,936

  • 11 · Investments: publicly traded securities

    beginning of year $10,201,059 · end of year $10,531,571

  • 15 · Other assets

    beginning of year $0 · end of year $549,671

  • 17 · Accounts payable and accrued expenses

    beginning of year $312,145 · end of year $265,196

  • 25 · Other liabilities

    beginning of year $135,576 · end of year $547,976

  • 27 · Net assets without donor restrictions

    beginning of year $1,462,723 · end of year $1,210,706

  • 28 · Net assets with donor restrictions

    beginning of year $10,103,994 · end of year $10,830,889

Mission and programs · 2022

Mission

Boys Hope Girls Hope nurtures and guides motivated young people in need to become well-educated, career-ready men and women for others.

  • Programming (12 U.S. Affiliates). BHGH helps young people leverage their strengths and reach their potential through year-round, out-of-school time programming that addresses academic achievement, physical and mental health, career launch, and service to the community. This long-term relationship spans from middle school to college and career launch. We also provide a safe, stable environment for those who benefit from the full-time structure and necessities provided by our residential programs. We connect our scholars to mentors, internships, and other academic and professional development support during college, along with a lifelong community of alumni who support their continued success. BHGH Network Headquarters helps our 12 U.S. affiliates and 2 Latin American affiliates by providing them with opportunities to bring our young people together for joint programming, as well as offering training, performance management, technology and administrative support, and scholarship funding for collegians. Our diversity is a key asset: 40% of our senior leadership team, 55% of team members, and 96% of our scholars are Persons of Color. 56% of our scholars are young women. All come from urban communities and face barriers such as trauma, community violence, and extreme poverty, with 82% coming from households with less than $50,000 annual income and all our Latin American youth from poor families. They also have tremendous ability and thrive with us. In 2023, 96% of our high school seniors went to college, compared to the 69.7% US average- and this is critical because data shows college graduates are less likely to be unemployed and live in poverty.

    Expenses $2,104,492 · Revenue $444,493

  • International Assistance. Our two Latin American affiliates serve populations of great need, with 100% of these scholars living in extreme poverty. Esperanza Juvenil, our affiliate in Guatemala, operates 5 homes for girls, 3 homes for boys, and two campuses with their own schools certified by the Guatemalan Ministry of Education, serving youth from third grade through high school from age 9 into their 20s. Ser y Crecer, our affiliate in Mexico, operates 4 homes for collegians and an afterschool Academy. In these programs, young people grow up in environments where they feel safe and known as they develop nurturing and positive relationships with their peers and caring adults.

    Expenses $81,100 · Revenue $10,000

  • Supporting Scholars To and Through Post-Secondary Education. We leverage the transformative power of education to help our scholars realize their goals. This includes providing opportunities to connect scholars to college, internships, and career tracks earlier in their lives through our Envision U week-long event, while also providing standardized test prep and support with college selection, applications, campus visits, and student aid applications, all done in significant collaboration with our university partners. We also assist graduating high school seniors with College Transition Plans that include financial planning, and collegians with College Persistence Plans that include check-ins with college success team members. To further help scholars stay on track in post-secondary education, we join forces with affiliates to reduce debt by providing scholarship support. Eligible scholars are enrolled in 15 credit hours and earn a 2.5 or higher GPA. In addition to our high college persistence rates, more than 80% of our collegians are at or below the threshold of $5,500 of debt per year, compared to the national annual average of approximately $10,000 (calculated using Student Loan Hero's four-year estimate of $39,400).

    Expenses $419,686

As filed on the 2022 return.

Listed in Part VII

  • Kristin Ostby

    President & CEO

    Total calculated
    $224,162
    From this org
    $201,058
    From related orgs
    $0
    Other
    $23,104
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,058
    Bonus
    $20,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $23,104
    Filer's total
    $224,162

  • Brian Hipp

    Vice President

    Total calculated
    $150,456
    From this org
    $130,958
    From related orgs
    $0
    Other
    $19,498
    Hours/week
    40

  • Melanie Burden

    Vice President

    Total calculated
    $133,599
    From this org
    $114,817
    From related orgs
    $0
    Other
    $18,782
    Hours/week
    40

  • William Fronczak

    Vice President

    Total calculated
    $133,536
    From this org
    $114,817
    From related orgs
    $0
    Other
    $18,719
    Hours/week
    40

  • Kimberly Hines

    Vice President

    Total calculated
    $133,383
    From this org
    $114,817
    From related orgs
    $0
    Other
    $18,566
    Hours/week
    40

  • Judith Horrell

    Chief Financial Officer

    Total calculated
    $127,821
    From this org
    $115,965
    From related orgs
    $0
    Other
    $11,856
    Hours/week
    40

  • Anja Schmelter

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ben Davis

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Christopher Growe

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Clarence Lee

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Edward Anderson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Gregg Kirchhoefer

    Legal Counsel (Ex-Officio)

    Total calculated
    $0
    Hours/week
    1

  • Gregory Scruggs

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jeff Taylor

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • John Vatterott

    Emeritus Board

    Total calculated
    $0
    Hours/week
    1

  • John Wunderlich

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Joseph Koenig

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Karl Thomsen

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Lisa Flavin

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Mark Wilhelm

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mike de Graffenried

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Pamela Giss

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Patrick Sly

    Emeritus Board

    Total calculated
    $0
    Hours/week
    1

  • Paul Minorini

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Paul Sheridan

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Robert Lloyd

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Robert Sprague

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Steven Carani

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Thomas Santel

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Thomas Stanley

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • David Conway

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Palmina Fava

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ronald O'Dwyer

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jason Pernell

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Christopher Collins

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Adefiore

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • David Danis

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Joseph Conrad

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4
Boys Hope Girs Hope has established a nonqualified 401(A) plan covering former employees.
Schedule J, Part I, Line 7
The president and CEO, Kristin Ostby, was given a bonus and a salary increase of 3%. The board chairman said the increase was based on feedback from the board.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
30 April 2024
IRS schema version
2022v5.0
Source object
202411349349307911

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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