Overview
What is Hope For Tomorrow Inc?
Hope For Tomorrow Inc, located in Aurora, Illinois, is a nonprofit organization that offers structured and supportive residential quarters for individuals in the early stages of recovery from substance abuse, chemical dependence, and compulsive pathological gambling. Their services extend beyond residential living, encompassing level I/II outpatient alcohol/drug treatment for adolescents and adults, as well as DUI evaluations and remedial education. The majority of their clients lack financial resources and safe, sober living quarters, with approximately 96-98% being indigent and homeless. Their mission is to facilitate a sober lifestyle and provide DUI risk education, serving around 78 residential clients annually.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Hope For Tomorrow Inc has received a solid rating of 79%, indicating a commendable level of accountability and financial stability. The organization demonstrates excellent governance with 100% independent board members and strong financial oversight processes, as highlighted by its perfect scores in areas like the Audit and Oversight Committee and conflict of interest policies.
The charity shows a remarkable program expense ratio of 99.98%, suggesting that almost all its funds are directed towards its mission-related activities. However, it does face a challenge with a liabilities to assets ratio of 71.34%, which may raise some concerns regarding its financial leverage and stability in the long term. Overall, while there are areas to improve, Hope For Tomorrow Inc exhibits a strong commitment to transparency and effective program execution.
This AI summary has been generated from information found on Charity Navigator.
Is Hope For Tomorrow Inc legitimate?
Hope For Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Tomorrow 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: $302,803
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Hope For Tomorrow Inc?
Hope For Tomorrow Inc's mission is centered around providing support for individuals in early recovery from substance abuse, chemical dependence, and compulsive pathological gambling. They offer structured, sober, and supportive residential quarters, as well as level I/II outpatient alcohol/drug treatment for adolescents and adults. The organization also provides DUI evaluations, remedial education, and crisis intervention. A significant number of their clients are indigent and homeless, lacking financial resources and safe, sober living quarters. Residential clients served annually typically number around 78, with approximately 96-98% falling into this category.
Who is the CEO of Hope For Tomorrow Inc?
Janet J Gilbert is the Vice President of Hope For Tomorrow Inc.
What is the revenue of Hope For Tomorrow Inc?
Hope For Tomorrow Inc's revenue in 2022 was $610,862.
Who are the executives of Hope For Tomorrow Inc and what are their salaries?
The average compensation at Hope For Tomorrow Inc during 2022 was $60,561. There are 5 employees and 65 volunteers at Hope For Tomorrow Inc.
Here are 9 key members and their salaries:
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- Compensation: $67,227
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- Compensation: $36,577
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Where can I find the form 990 for Hope For Tomorrow Inc?
Hope For Tomorrow Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hope For Tomorrow Inc
Hope For Tomorrow Inc is dedicated to providing a structured, sober, and supportive living environment for individuals in the early stages of recovery from substance abuse, chemical dependence, and compulsive pathological gambling. The organization's mission extends beyond residential living, offering Level I/II outpatient alcohol/drug treatment services to both adolescents and adults. Furthermore, Hope For Tomorrow Inc provides DUI evaluations and remedial education, as well as crisis intervention services. It is noteworthy that a significant portion of their clients, approximately 96-98%, are indigent and homeless, lacking financial resources and safe, sober living quarters. The residential clients served annually typically number around 78 individuals (medium count).
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Impact
July, 2024
Hope For Tomorrow Inc's impact can be seen in the lives of individuals in early recovery from substance abuse, chemical dependence, and compulsive gambling. By providing structured, sober, and supportive residential quarters, as well as outpatient alcohol/drug treatment and DUI evaluations, Hope For Tomorrow Inc is instrumental in helping these individuals rebuild their lives. The organization serves a significant number of indigent and homeless clients who lack the financial resources and safe living quarters needed for recovery. With a focus on sober residential living, DUI evaluations, and risk education, Hope For Tomorrow Inc plays a crucial role in addressing the complex challenges faced by those struggling with addiction and related issues in the city of Aurora, IL.
This information is meant to be a general summary of Hope For Tomorrow 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 2022.
- Program Service Revenue: $108,699
- Gross Receipts: $610,862
Assets and Liabilities:
- Total Assets: $413,690
- Total Liabilities: $295,190
- Net Assets: $118,500
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SOBER RESIDENTIAL HSG
Revenue
$108,699
Organization Details
Founding Year
2001
Phone
(630) 966-9000Principal Officer
Janet J Gilbert
Main Address
479 N LAKE STREET, AURORA, IL, 60506
NTEE Category
Code: I40 - Crime
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