Overview
What is Boys Hope Girls Hope?
Boys Hope Girls Hope is a nonprofit organization that supports and empowers motivated young individuals from underprivileged backgrounds, primarily of color and predominantly female, by providing them with comprehensive year-round programming. This encompasses academic achievement, mental and physical health, career development, and community service. The organization offers a safe, stable environment, mentorship, internships, and academic support, extending from middle school to college and beyond. The nonprofit operates 13 U.S. affiliates and 2 Latin American affiliates, with a diverse leadership team and scholar community. In 2022, 96% of its high school seniors went to college, significantly exceeding the national average, and the organization boasts a high collegian graduation rate compared to other young people in poverty. The overall mission of Boys Hope Girls Hope is to nurture and guide these young individuals to become well-educated, career-ready men and women committed to serving their communities.
Official website here: www.boyshopegirlshope.org/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98% (Four-Star out of Four Star rating)
Boys Hope Girls Hope has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial stewardship. With an Accountability & Finance score of 96 and an Impact & Measurement score of 99, the organization demonstrates a solid foundation in managing resources effectively while ensuring measurable outcomes for its programs. Additionally, a high score of 100 in Leadership & Adaptability indicates a responsive and well-managed organization.
The organization shows a Program Expense Ratio of 67.20%, suggesting that a significant portion of its funds is directed towards program-related expenses. The Fundraising Efficiency Ratio of $0.11 indicates that Boys Hope Girls Hope is able to raise funds efficiently, spending only a small amount for each dollar raised. The low Liabilities to Assets Ratio of 6.32% and a strong Working Capital Ratio of 3.51 years reflect a healthy financial position, allowing the organization to sustain its operations effectively.
While the organization reported implementing 13 Equity Practices, this highlights its commitment to diversity and inclusion within its programs. Overall, Boys Hope Girls Hope stands out for its financial health, effective leadership, and significant impact on the communities it serves, though continued focus on program efficiency and outreach may further enhance its contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Boys Hope Girls Hope legitimate?
Boys Hope Girls Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys Hope Girls Hope 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: $779,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $797,987
For more financial information, click here
Official website here: www.boyshopegirlshope.org/
What is the mission statement of Boys Hope Girls Hope?
Boys Hope Girls Hope, as an organization, is dedicated to nurturing and guiding motivated young individuals in need, primarily from underprivileged backgrounds. Their mission is to help these young people transform into well-educated, career-ready adults who are committed to serving others. They achieve this goal through year-round out-of-school programming that addresses academic achievement, physical and mental health, career development, and community service. This support spans from middle school to college and beyond, providing a safe, stable environment and additional resources such as mentorship, internships, and academic support. The organization's mission is further reinforced by its diversity, with a significant percentage of its leadership and scholars being persons of color and young women from urban communities facing challenges like trauma, community violence, and poverty. The results are impressive, with a high college attendance rate and a substantial number of scholars earning degrees within six years, significantly reducing the likelihood of unemployment and poverty.
Official website here: www.boyshopegirlshope.org/
Who is the CEO of Boys Hope Girls Hope?
Kristin Ostby is the President & Ceo of Boys Hope Girls Hope. The CEO's salary of Boys Hope Girls Hope is $195,554 and their total compensation is $212,949.
Official website here: www.boyshopegirlshope.org/
What is the revenue of Boys Hope Girls Hope?
Boys Hope Girls Hope's revenue in 2022 was $3,587,104.
Official website here: www.boyshopegirlshope.org/
Who are the executives of Boys Hope Girls Hope and what are their salaries?
The average compensation at Boys Hope Girls Hope during 2022 was $65,745. There are 24 employees and 85 volunteers at Boys Hope Girls Hope.
Here are 36 key members and their salaries (Boys Hope Girls Hope's CEO's salary is $195,554 and their total compensation is $212,949):
- Compensation: $195,554
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- Other: $17,395
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- Compensation: $111,523
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- Compensation: $111,523
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- Other: $18,141
- Compensation: $111,523
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- Other: $18,114
- Compensation: $111,523
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Official website here: www.boyshopegirlshope.org/
Where can I find the form 990 for Boys Hope Girls Hope?
Boys Hope Girls Hope's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.boyshopegirlshope.org/
Learn more at the official website: www.boyshopegirlshope.org/
Mission Statement of Boys Hope Girls Hope
Boys Hope Girls Hope is an organization dedicated to supporting and guiding motivated young individuals who are in need. Their mission is to nurture these young people, helping them become well-educated, career-ready men and women who are committed to serving others. Through year-round out-of-school time programming, Boys Hope Girls Hope addresses various aspects of their scholars' lives, including academic achievement, physical and mental health, career launch, and community service. This comprehensive approach spans from middle school to college and career launch, providing a long-term relationship that includes a safe, stable living environment for those who benefit from the full-time structure offered by their residential programs.
Boys Hope Girls Hope connects their scholars to valuable resources such as mentors, internships, and academic and professional development support during college. They also offer a supportive community of alumni who continue to aid in their scholars' success after they have launched their careers. The organization is diverse, with a significant portion of its leadership, team members, and scholars being individuals of color. Nearly two-thirds of the scholars are young women, and they all come from urban communities that face various challenges, including trauma, community violence, and extreme poverty. Despite these obstacles, these scholars have immense ability and thrive under the guidance of Boys Hope Girls Hope.
The organization's efforts have proven effective, with 96% of their high school seniors going on to college in 2022, significantly surpassing the national average. Their collegians also boast an average GPA of 3.0 and a three-year average of nearly 70% earning degrees within six years, a figure far higher than the 12% for young people in poverty. Boys Hope Girls Hope's commitment to empowering and uplifting motivated young individuals in need has proven to be a powerful force for positive change in their lives.
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Impact
July, 2024
Boys Hope Girls Hope's impact is substantial, as it nurtures and guides motivated young people in need to become well-educated, career-ready men and women for others. Through their programming across 13 U.S. affiliates, Boys Hope Girls Hope helps young individuals leverage their strengths and reach their full potential. They offer year-round, out-of-school time programming that addresses academic achievement, physical and mental health, career readiness, and service to the community. This long-term relationship extends from middle school through college and career launch.
Boys Hope Girls Hope also provides a safe and stable environment for those who benefit from the full-time structure and necessities provided by their residential programs. They connect scholars to mentors, internships, and other academic and professional development support during college, fostering a lifelong community of alumni who support ongoing success.
Their impact is evident in the statistics, with 96% of their high school seniors enrolling in college in 2022, significantly surpassing the U.S. average of 69.7%. This is crucial, as college graduates are less likely to face unemployment and live in poverty. The organization's average collegian GPA is 3.0, and nearly 70% of collegians earn degrees within six years, a stark comparison to the 12% of young people in poverty who achieve the same.
Boys Hope Girls Hope's commitment to empowering young individuals from urban communities facing barriers such as trauma, violence, and poverty showcases their dedication to creating a more equitable and bright future for these individuals.
This information is meant to be a general summary of Boys Hope Girls Hope. 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.
- Investment Income: $163,544
- Program Service Revenue: $460,512
- Gross Receipts: $3,587,104
Assets and Liabilities:
- Total Assets: $12,014,438
- Total Liabilities: $447,721
- Net Assets: $11,566,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
In kind equipment
Revenue
$255
Affiliate Support
Revenue
$460,257
Organization Details
Founding Year
1975
Phone
(314) 298-1250Principal Officer
Kristin Ostby
Main Address
5257 Shaw Avenue - Suite 202, Saint Louis, MO, 63110
Website
www.boyshopegirlshope.org/NTEE Category
Code: P300 - Human services
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