Totals
- Total revenue
- $2,312,341
- Total expenses
- $2,178,000
- Contributions and grants received
- $215,124
- Grants paid
- $0
- Program service revenue
- $2,043,574
- Investment income
- $32,790
- Other revenue
- $20,853
- Total assets, end of year
- $3,711,994
- Total liabilities, end of year
- $990,361
- Net assets or fund balances, end of year
- $2,721,633
- Program services expenses (Part IX)
- $1,970,361
- Management and general expenses
- $148,610
- Fundraising expenses
- $59,029
- Program service expenses (Part III)
- $1,970,361
Program services were 90.5% 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.
-
1c · Fundraising events
$5,433
-
1f · All other contributions, gifts and grants
$209,691
-
2a · Program service revenue: REGISTRATION FEES
total $1,993,063 · related or exempt $1,993,063
-
2b · Program service revenue: ACADEMIC ALL STAR
total $50,511 · related or exempt $50,511
-
3 · Investment income
total $32,790 · excluded $32,790
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$5,433
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$28,734
-
10b · Cost of goods sold
$13,666
-
10c · Net income from sales of inventory
total $15,068 · excluded $15,068
-
11a · Other revenue: WHOLESALE LOCKBOX DEPO
total $2,400 · related or exempt $2,400
-
11b · Other revenue: ACCEPT U
total $1,995 · related or exempt $1,995
-
11c · Other revenue: WY KEY DEPOSITS
total $450 · related or exempt $450
-
11d · All other revenue
total $940 · related or exempt $940
-
11e · Other revenue, total
$5,785
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $476,429 · program services $433,550 · management and general $25,251 · fundraising $17,628
-
7 · Other salaries and wages
total $302,485 · program services $275,261 · management and general $16,032 · fundraising $11,192
-
8 · Pension plan contributions
total $43,134 · program services $40,115 · management and general $1,725 · fundraising $1,294
-
9 · Other employee benefits
total $39,800 · program services $37,014 · management and general $1,592 · fundraising $1,194
-
10 · Payroll taxes
total $50,519 · program services $45,972 · management and general $3,031 · fundraising $1,516
-
11b · Fees: legal
total $11,271 · program services $6,537 · management and general $3,494 · fundraising $1,240
-
11c · Fees: accounting
total $34,300 · program services $19,894 · management and general $10,633 · fundraising $3,773
-
11f · Fees: investment management
total $2,093 · fundraising $2,093
-
11g · Fees: other
total $147,817 · program services $85,734 · management and general $45,823 · fundraising $16,260
-
12 · Advertising and promotion
total $23,658 · program services $20,819 · fundraising $2,839
-
13 · Office expenses
total $56,866 · program services $56,411 · management and general $455
-
14 · Information technology
total $51,268 · program services $33,856 · management and general $17,412
-
16 · Occupancy
total $6,122 · program services $5,020 · management and general $1,102
-
17 · Travel
total $8,062 · program services $8,062
-
20 · Interest
total $4,956 · management and general $4,956
-
23 · Insurance
total $39,776 · program services $22,672 · management and general $17,104
-
24a · Other expenses: SEMINARS AND FUNDRAISIN
total $841,433 · program services $841,433
-
24b · Other expenses: AWARDS
total $26,282 · program services $26,282
-
24c · Other expenses: SPONSORSHIPS
total $11,729 · program services $11,729
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,107,921 · end of year $1,801,153
-
2 · Savings and temporary cash investments
beginning of year $553,292 · end of year $83,856
-
4 · Accounts receivable
beginning of year $17,485 · end of year $156,583
-
8 · Inventories for sale or use
end of year $29,572
-
9 · Prepaid expenses and deferred charges
beginning of year $85,301 · end of year $21,639
-
12 · Investments: other securities
beginning of year $1,148,025 · end of year $1,339,621
-
15 · Other assets
beginning of year $261,370 · end of year $279,570
-
17 · Accounts payable and accrued expenses
beginning of year $604,832 · end of year $836,734
-
24 · Unsecured notes and loans payable
beginning of year $157,004 · end of year $153,627
-
25 · Other liabilities
beginning of year $7,664
-
27 · Net assets without donor restrictions
beginning of year $2,142,524 · end of year $2,442,063
-
28 · Net assets with donor restrictions
beginning of year $261,370 · end of year $279,570
Mission and programs · 2023
Mission
HOBY IS A LEADERSHIP AND SERVICE ORGANIZATION. WE DEVELOP AND INSPIRE YOUTH AND VOLUNTEERS TO HAVE A POSITIVE IMPACT ON THE WORLD AROUND THEM. HOBY PROGRAMS ARE CONDUCTED ANNUALLY THROUGHOUT THE UNITED STATES, SERVING BOTH DOMESTIC AND INTERNATIONAL HIGH SCHOOL / SECONDARY SCHOOL STUDENTS.
Activities or mission (Part I)
HOBY'S MISSION IS TO INSPIRE AND DEVELOP OUR GLOBAL COMMUNITY OF YOUTH AND VOLUNTEERS TO A LIFE DEDICATED TO LEADERSHIP, SERVICE, AND INNOVATION. EACH YEAR, HOBY PROGRAMS WELCOME DOMESTIC AND INTERNATIONAL HIGH SCHOOL/SECONDARY SCHOOL STUDENTS AS THEY DISCOVER A NEWFOUND SENSE OF AWARENESS, CONFIDENCE, CONNECTION, AND PURPOSE. STUDENTS LEAVE HOBY WITH THE KNOWLEDGE AND PASSION NEEDED TO MAKE A POSITIVE IMPACT ON THE WORLD AROUND THEM.
-
HOBY STATE LEADERSHIP SEMINARS: EACH YEAR, OUR FLAGSHIP LEADERSHIP SEMINARS WELCOME SCHOOL AND COMMUNITY NOMINATED HIGH SCHOOL SOPHOMORES TO TRANSFORMATIVE 3- TO 4-DAY PROGRAMS ACROSS THE UNITED STATES. STUDENTS LEAVE WITH THE KNOWLEDGE AND PASSION TO HARNESS THEIR FULL LEADERSHIP POTENTIAL. WE HOSTED 67 SEMINARS THIS YEAR, WELCOMING OVER 7,000 STUDENTS FROM OVER 4,000 SCHOOLS. TO HELP ACHIEVE OUR GOAL OF HOSTING TRULY REPRESENTATIVE SEMINARS, 271 STUDENTS RECEIVED SCHOLARSHIPS FROM THE STATE OR NATIONAL LEVEL. OUR PROGRAMS BRING STUDENTS TOGETHER FROM DIFFERENT COMMUNITIES, BACKGROUNDS, AND ECONOMIC CIRCUMSTANCES TO CONNECT WITH EACH OTHER, EXPAND THEIR AWARENESS OF THEIR LEADERSHIP POTENTIAL, AND LEARN ABOUT OPPORTUNITIES TO IMPROVE THE WORLD AROUND THEM. HOBY'S LEADERSHIP CURRICULUM IS ROOTED IN THE SOCIAL CHANGE MODEL OF LEADERSHIP AND GUIDES STUDENT AMBASSADORS AS THEY EXPLORE LEADERSHIP THROUGH A THREE-PHASE PROCESS: PERSONAL LEADERSHIP, GROUP LEADERSHIP, AND SERVICE LEADERSHIP. OUR STUDENT AMBASSADORS PARTICIPATE IN FACILITATED DIALOGUE AND ABILITIES-BASED WORKSHOPS TO DEVELOP AWARENESS OF THEIR LEADERSHIP STRENGTHS AND AN UNDERSTANDING OF THEIR LEADERSHIP VALUES. THROUGH THESE DYNAMIC ACTIVITIES WITH THEIR PEERS, STUDENTS HONE THEIR SKILLS AND LEARN TO RECOGNIZE, AMPLIFY, AND COLLABORATE WITH THE DIVERSE STRENGTHS OF OTHERS. OUR PROGRAMMING LEVERAGES THE UNITED NATIONS SUSTAINABLE FRAMEWORK TO MAKE CONNECTIONS BETWEEN THEIR COMMUNITIES AND THE COMMUNITIES OF THEIR PEERS ACROSS THE COUNTRY AND AROUND THE WORLD. AS AN IMMEDIATE WAY TO PUT OUR SERVICE LEADERSHIP CURRICULUM INTO ACTION, EACH STUDENT IS CHALLENGED TO COMPLETE AND TRACK 100 HOURS OF COMMUNITY SERVICE EACH YEAR FOLLOWING THEIR SEMINAR ATTENDANCE.NEARLY 3,000 VOLUNTEERS, OVER 80% OF WHOM ARE ALUMNI THEMSELVES, DEDICATE THEIR TIME AND TALENT TO PLANNING AND PRODUCING THESE LIFE-CHANGING SEMINARS. ALL 67 SEMINARS RETURNED TO IN-PERSON PROGRAMMING THIS YEAR, AFTER SEVERAL YEARS OF LINGERING EFFECTS OF COVID-19. IN FACT, WITH THE OUTSTANDING WORK OF OUR VOLUNTEERS, WE WERE ABLE TO WELCOME AN ADDITIONAL 32 STUDENTS TO FOUR DIFFERENT IN-PERSON SEMINARS FOR THE FIRST TIME SINCE 2019. WE SAW, ONCE AGAIN, HOW ONE WEEKEND AT A HOBY SEMINAR UNLOCKS A STUDENT'S LEADERSHIP POTENTIAL AND HELPS THEM GAIN THE CONFIDENCE TO MAKE A POSITIVE IMPACT ON THE WORLD AROUND THEM.
Expenses $1,247,714 · Revenue $2,049,359
-
HOBY WORLD LEADERSHIP CONGRESS: EACH SUMMER, THE WORLD LEADERSHIP CONGRESS (WLC) WELCOMES HIGH SCHOOL/SECONDARY SCHOOL STUDENT AMBASSADORS FROM AROUND THE GLOBE FOR A WEEK-LONG, IMMERSIVE LEADERSHIP EXPERIENCE. THE WLC CHALLENGES STUDENT AMBASSADORS TO THINK CRITICALLY, COMMUNICATE EFFECTIVELY, AND ACT WITH INTEGRITY. STUDENTS WHO ATTEND OUR STATE LEADERSHIP SEMINARS AUTOMATICALLY QUALIFY TO ATTEND THE WLC, AND INTERNATIONAL AND U.S. STUDENTS BETWEEN THE AGES OF 15-17, WITH A DEMONSTRATED INTEREST IN LEADERSHIP AND COMMUNITY SERVICE, ARE ALSO INVITED TO PARTICIPATE IN THIS ANNUAL PROGRAM. THE WLC LEAVES STUDENT AMBASSADORS WITH A ROBUST GLOBAL NETWORK AND THE TOOLS TO CHANGE THE WORLD AROUND THEM. A WEEK OF PROGRAMMING THAT INCLUDED PEER-TO-PEER NETWORKING, CHALLENGING WORKSHOPS, INSPIRING SPEAKERS, CITY ADVENTURES, A DAY OF SERVICE, AND MORE CHANGED THE LIVES OF 233 STUDENTS FROM 43 STATES AND 9 COUNTRIES. A TOTAL OF 39 INTERNATIONAL STUDENTS ATTENDED. WE WERE PROUDLY ABLE TO WELCOME AN ADDITIONAL 67 STUDENTS TO THE WLC THANKS TO SCHOLARSHIPS FROM BOTH THE STATE AND NATIONAL LEVELS.
Expenses $668,365
-
HOBY SERVICE LEADERSHIP: OUR 2024 SEMINAR SEASON OFFICIALLY KICKED OFF WITH OUR INAUGURAL VOLUNTEER DEVELOPMENT RETREAT (VDR). THE MISSION OF THE VOLUNTEER DEVELOPMENT RETREAT IS TO ENHANCE THE LEADERSHIP COMPETENCIES AND COMMUNITY CONNECTION AMONG KEY HOBY VOLUNTEERS. THIS RETREAT AIMS TO EMPOWER VOLUNTEERS WITH THE SKILLS REQUIRED FOR EFFECTIVE LEADERSHIP WITHIN THE ORGANIZATION, WHILE FOSTERING A STRONG SENSE OF BELONGING AND COLLABORATION WITHIN THE WIDER HOBY COMMUNITY. THE GOAL OF THE VOLUNTEER DEVELOPMENT RETREAT IS TO PROVIDE LEADERSHIP DEVELOPMENT AND SKILL BUILDING THAT WILL ENHANCE VOLUNTEERS' ABILITY TO LEAD WELL, BOTH WITHIN THE HOBY COMMUNITY AND BEYOND. EACH OF OUR SEMINARS IS LED BY A VOLUNTEER LEADERSHIP SEMINAR CHAIR, AND FOR OUR FIRST VDR, WE WELCOMED 54 OF THESE VOLUNTEERS FOR A THREE-DAY RETREAT WHERE WE WORKED TO ENHANCE LEADERSHIP COMPETENCIES, BUILD A STRONG COMMUNITY, PROMOTE PERSONAL GROWTH, AND DEVELOP ACTION PLANS.IN ADDITION TO THIS DEDICATED IN-PERSON TRAINING TIME, HOBY PROVIDES RESOURCES AND TRAINING THROUGHOUT THE YEAR TO NEARLY 3,000 VOLUNTEERS WHO GIVE THEIR TIME AND ENERGY TO DELIVER HOBY PROGRAMS. THROUGH BOTH VIRTUAL AND IN-PERSON PLATFORMS, VOLUNTEERS HAVE BEEN TRAINED ON AND GIVEN ACCESS TO OUR REFRESHED PROGRAM CURRICULUM, POSITIONAL GUIDES AND CHECKLISTS, AND OPERATIONAL RESOURCES AND TOOLS. WITH OUR CONSISTENT, PROACTIVE OUTREACH, AND FACILITATED FORUMS FOR CONNECTION AND BEST PRACTICE SHARING, HOBY VOLUNTEERS ARE ALIGNED AND SUPPORTED LIKE NEVER BEFORE. HOBY VOLUNTEERS, 81% OF WHOM ARE ALUMNI, INVESTED OVER 400,000 SERVICE HOURS IN PLANNING AND EXECUTING HOBY SEMINARS NATIONWIDE. THIS TRANSLATES TO $13,000,000 IN ECONOMIC IMPACT THAT OUR ALUMNI/ VOLUNTEERS DELIVERED TO THE HOBY YOUTH LEADERSHIP MISSION THIS YEAR; PROOF THAT A LIFE WITH HOBY IS A LIFE GEARED TOWARD LEADERSHIP AND SERVICE. HOBY'S LEADERSHIP FOR SERVICE CHALLENGE ENCOURAGES HOBY COMMUNITY MEMBERS TO SERVE A MINIMUM OF 100 HOURS TO THEIR COMMUNITIES EACH YEAR AND TRACK TO ENGAGE IN SERVICE AND PROVIDES A SYSTEM TO MANAGE AND TRACK THEIR COMMUNITY SERVICE EFFORTS. AS A CREDENTIALING ORGANIZATION FOR THE PRESIDENTIAL VOLUNTEER SERVICE AWARD, HOBY SUBMITS ALUMNI ANNUALLY FOR RECOGNITION. THIS YEAR, 435 COMMUNITY MEMBERS LOGGED A TOTAL OF 85,193 HOURS AND RECEIVED RECOGNITION AS FOLLOWS: 103 RECEIVED A GOLD AWARD (250+ HOURS OF SERVICE), 94 RECEIVED A SILVER AWARD (175 249 HOURS), AND 238 ALUMNI ACHIEVED THE BRONZE AWARD (100-174 HOURS OF SERVICE) FOR THEIR OUTSTANDING COMMITMENT TO THEIR COMMUNITIES.
Expenses $54,282
-
HOBY COMMUNITY LEADERSHIP WORKSHOPS: COMMUNITY LEADERSHIP WORKSHOPS ARE DEVELOPED BY VOLUNTEERS ACROSS THE U.S. FOR 9TH GRADE STUDENT AMBASSADORS AS AN INTRODUCTION TO LEADERSHIP EDUCATION. THESE ONE-DAY WORKSHOPS JUMPSTART STUDENT AMBASSADORS' LEADERSHIP JOURNEYS AND CONNECT THEM TO PEERS IN THEIR COMMUNITIES.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Shawn MobleySHAWN MOBLEY
CHAIR/ PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Marcie E McClintic CoatesMARCIE E MCCLINTIC COATES
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dina AdhamDINA ADHAM
SECRETARY / GEN COUNSEL
- Total calculated
- $0
- Hours/week
- 0.5
-
Vlad YelizarovVLAD YELIZAROV
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael AkinMICHAEL AKIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian SelanderBRIAN SELANDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Al CarrollAL CARROLL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Hensey FentonHENSEY FENTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kristen HoeferKRISTEN HOEFER
CEO
- Total calculated
- $264,635
- From this org
- $246,866
- From related orgs
- $0
- Other
- $17,769
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $196,866
- Bonus
- $50,000
- Other
- $0
- Deferred
- $4,910
- Nontaxable benefits
- $12,859
- Filer's total
- $264,635
-
Michael CarterMICHAEL CARTER
CHIEF OF FINANCE AND ADMINISTRATION
- Total calculated
- $130,774
- From this org
- $116,630
- From related orgs
- $0
- Other
- $14,144
- Hours/week
- 1
-
Angela MagazinoANGELA MAGAZINO
CHIEF OF PROGRAM DEVELOPMENT & TRAINING
- Total calculated
- $124,154
- From this org
- $112,933
- From related orgs
- $0
- Other
- $11,221
- Hours/week
- 40
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
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE CEO COMPENSATION IS GOVERNED BY A WRITTEN EMPLOYMENT CONTRACT THAT WAS COMPENSATION DATA OBTAINED THROUGH A THIRD-PARTY EXECUTIVE SEARCH FIRM. SUPPLEMENTAL COMPENSATION, IN ACCORDANCE WITH THE EMPLOYMENT CONTRACT, IS VOTED AND APPROVED BY THE BOARD OF TRUSTEES AND INFORMED BY COMPARATIVE ANNUAL PERFORMANCE IS DETERMINED BY THE BOARD OF TRUSTEES AND ANY AT THE SOLE DISCRETION OF 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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510229349301141
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