Overview
What is Hope For Youth Inc?
Hope For Youth Inc is a nonprofit organization based in Amityville, New York, with a workforce of 207 employees. Their mission is to bring about positive change in the lives of children, adolescents, and families, offering various programs to help them achieve self-sufficiency and reach their full potential. One of their key initiatives is the Therapeutic Foster Care Program, where they provide temporary, nurturing homes for children and youth working towards family reunification, permanent placement, or self-sufficiency. By carefully selecting the most suitable families for each child, Hope For Youth ensures a stable and productive placement, preventing the need for multiple relocations. Their range of services extends to residential care, foster care, and preventive and out-patient programs, all aimed at inspiring growth and empowerment.
Official website here: www.hfyny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star Rating
Hope For Youth Inc has received a solid rating of 85% from Charity Navigator, which reflects positively on its accountability and financial practices. This score indicates that the organization meets high standards in transparency and governance, with a fully independent board and robust financial oversight mechanisms in place.
The nonprofit shines in several key areas, including having a majority of independent board members and a strong track record of no material diversion of assets. Furthermore, it has implemented essential policies such as conflict of interest and whistleblower protections, which bolster its commitment to ethical operations.
However, the organization could improve its liabilities to assets ratio, which currently stands at 64.76%. Although it still maintains a healthy program expense ratio of 83.89%, addressing its financial liabilities could enhance its overall financial health and sustainability in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Hope For Youth Inc legitimate?
Hope For Youth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Youth Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $458,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,117,302
For more financial information, click here
Official website here: www.hfyny.org
What is the mission statement of Hope For Youth Inc?
Hope For Youth Inc is a non-profit organization committed to bringing about positive transformations in the lives of children, adolescents, and families. Through their range of programs, they provide stable, nurturing residences and foster care, as well as preventive and out-patient services. The organization's mission is to educate, motivate, and empower individuals to become self-sufficient and reach their full potential. Hope For Youth is dedicated to ensuring optimal placement for children in therapeutic foster homes, providing them with a safe and supportive environment as they work towards reunification or permanent placement. By preventing multiple placements, the organization aims to provide the best opportunity for successful outcomes.
Official website here: www.hfyny.org
Who is the CEO of Hope For Youth Inc?
Peter Breckling is the President of Hope For Youth Inc.
Official website here: www.hfyny.org
What is the revenue of Hope For Youth Inc?
Hope For Youth Inc's revenue in 2023 was $15,237,303.
Official website here: www.hfyny.org
Who are the executives of Hope For Youth Inc and what are their salaries?
The average compensation at Hope For Youth Inc during 2023 was $41,430. There are 207 employees at Hope For Youth Inc.
Here are 13 key members and their salaries:
- Compensation: $237,495
- Related: $0
- Other: $60,028
- Compensation: $131,084
- Related: $0
- Other: $15,679
- Compensation: $113,539
- Related: $0
- Other: $0
- Compensation: $79,098
- Related: $0
- Other: $24,700
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hfyny.org
Where can I find the form 990 for Hope For Youth Inc?
Hope For Youth Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hfyny.org
Learn more at the official website: www.hfyny.org
Mission Statement of Hope For Youth Inc
Hope For Youth, a dedicated organization, is committed to bringing about positive transformations in the lives of children, adolescents, and families. Through their various programs, they offer stable, nurturing residential care, foster care, preventive services, and out-patient programs. The ultimate goal is to educate, motivate, and empower individuals to become self-sufficient and reach their full potential.
Hope For Youth's residential care program provides safe, supportive temporary homes for children and youth. These children are working towards reunification with their relatives, permanent placement through adoption, or self-sufficiency. The organization is dedicated to ensuring the best possible care and stability for its foster children, working towards a more permanent and stable future plan. They carefully match children with families that can best meet their foster care needs, preventing multiple placements and ensuring the best opportunity for successful placement. Hope For Youth's foster care children range in age from infants to young adults, age 21.
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Impact
October, 2024
Hope For Youth Inc significantly impacts the lives of children, adolescents, and families by facilitating positive change through a range of programs designed to provide stability, education, and empowerment. The organization offers nurturing residential care and a specialized Therapeutic Foster Care Program that creates safe and supportive temporary homes for children and youth.
By focusing on the unique needs of each child, Hope For Youth works diligently to match them with the most appropriate families, ensuring that placements are conducive to healing and recovery. This targeted approach minimizes the risk of multiple placements, fostering a sense of security and belonging for the children involved.
The organization’s comprehensive services not only prioritize the immediate well-being of young individuals but also equip them with the skills and motivation needed to achieve self-sufficiency. Through preventive and outpatient programs, Hope For Youth educates and empowers participants, guiding them toward realizing their full potential and building a brighter future. Overall, Hope For Youth Inc plays a crucial role in transforming lives and nurturing futures in the Amityville community and beyond.
This information is meant to be a general summary of Hope For Youth Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,797
- Program Service Revenue: $9,755,843
- Gross Receipts: $15,260,899
Assets and Liabilities:
- Total Assets: $11,103,176
- Total Liabilities: $7,191,417
- Net Assets: $3,911,759
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Boarding Care Support
Revenue
$5,771,029
Medicaid Support
Revenue
$2,824,002
Outpatient service fees
Revenue
$792,854
Special services
Revenue
$367,958
Organization Details
Founding Year
1969
Phone
(631) 691-5100Principal Officer
Peter Breckling
Main Address
201 Dixon Ave, Amityville, NY, 11701
Website
www.hfyny.orgNTEE Category
Code: T00 - Philanthropy
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