Overview
What is Boys Hope Girls Hope Of Illinois Inc?
Boys Hope Girls Hope of Illinois Inc is a privately funded, licensed residential scholarship program located in Wilmette, Illinois. This nonprofit organization, with a 40-year history in Evanston, focuses on supporting motivated students from underprivileged families primarily from Chicago's South and West sides. By providing family-like group homes, high-quality education, and ongoing assistance through college graduation, they break down barriers to achievement and offer opportunities beyond their neighborhoods. Their program includes a safe and structured home, meals, medical care, tutoring, college guidance, community service, and extracurricular activities for high school scholars aged 12-18. For college-bound students, they offer financial aid navigation, scholarships, and ongoing support. This comprehensive approach aims to help these young individuals build a future for themselves and their families through education and hard work.
Official website here: www.chicagobhgh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, earning a Four-Star out of Four Star rating
Boys Hope Girls Hope of Illinois Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its commitment to transparency and accountability. The organization boasts a strong Accountability & Finance Score of 95 and a Culture & Community Score of 97, indicating robust governance practices and a focus on community engagement. With 97% of its board members being independent, the nonprofit demonstrates a strong commitment to ethical leadership.
Financially, the organization exhibits a healthy profile with a program expense ratio of 76.43%, ensuring that the majority of its funding is directed towards its mission. The fundraising efficiency ratio of $0.18 suggests effective fundraising practices, allowing a significant portion of donations to support programs rather than administrative costs. Additionally, the working capital ratio of 3.93 years indicates a solid financial foundation, providing stability for ongoing operations.
While the organization shows remarkable strengths in governance and financial management, the data does not indicate any significant limitations or areas for concern. Overall, Boys Hope Girls Hope of Illinois Inc stands out as a well-managed nonprofit that is making a positive impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Boys Hope Girls Hope Of Illinois Inc legitimate?
Boys Hope Girls Hope Of Illinois Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys Hope Girls Hope Of Illinois 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: $149,876
Professional Fundraising Fees: $0
Other Salaries and Wages: $857,558
For more financial information, click here
Official website here: www.chicagobhgh.org
What is the mission statement of Boys Hope Girls Hope Of Illinois Inc?
Boys Hope Girls Hope of Illinois Inc's mission is to support and guide motivated young individuals from economically disadvantaged backgrounds, primarily from Chicago's South and West sides. The organization provides a holistic, long-term residential and academic program, offering a family-like environment, educational assistance, and support through college graduation. Their aim is to help these youths mature and succeed, breaking down barriers to achievement by offering a safe and structured home, excellent education, medical care, tutoring, and various other resources. Boys Hope Girls Hope of Illinois Inc's program equips these motivated students with the necessary skills and opportunities to envision a future beyond their neighborhoods and build a better life for themselves and their families through hard work and high-quality education.
Official website here: www.chicagobhgh.org
What is the revenue of Boys Hope Girls Hope Of Illinois Inc?
Boys Hope Girls Hope Of Illinois Inc's revenue in 2024 was $4,923,491.
Official website here: www.chicagobhgh.org
Who are the executives of Boys Hope Girls Hope Of Illinois Inc and what are their salaries?
The average compensation at Boys Hope Girls Hope Of Illinois Inc during 2024 was $38,747. There are 26 employees and 72 volunteers at Boys Hope Girls Hope Of Illinois Inc.
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Official website here: www.chicagobhgh.org
Where can I find the form 990 for Boys Hope Girls Hope Of Illinois Inc?
Boys Hope Girls Hope Of Illinois Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.chicagobhgh.org
Learn more at the official website: www.chicagobhgh.org
Mission Statement of Boys Hope Girls Hope Of Illinois Inc
Boys Hope Girls Hope of Illinois, a privately funded organization, is dedicated to nurturing and guiding motivated young individuals from impoverished families, primarily from Chicago's South and West sides. The mission of this nonprofit is to empower these youths, who have often been abandoned, abused, or neglected, to become well-educated, career-ready adults. This is achieved through its holistic, long-term residential and academic programming.
Boys Hope Girls Hope provides a family-like environment in its group homes, offering a safe and structured living space, nightly meals, medical care, and emotional support. This comprehensive approach also includes academic support, such as tutoring, ACT preparation, college application guidance, and extracurricular activities. The organization's commitment extends beyond high school, offering financial aid, computer assistance, internship opportunities, and ongoing support to its scholars as they pursue higher education and navigate the challenges of college life.
In essence, Boys Hope Girls Hope of Illinois aims to break down the barriers to achievement for these motivated youths, providing them with the resources and support they need to see beyond their neighborhoods and build a future for themselves and their families through hard work and high-quality education. With a track record of success stretching over four decades, the organization has helped countless young individuals transform their lives and pursue fulfilling careers.
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Impact
July, 2024
Boys Hope Girls Hope Of Illinois Inc provides a transformative impact on abandoned, abused, and neglected youths by offering them a family environment where they can mature and succeed. Through their privately funded and licensed residential scholarship program, they have a 40-year track record of success in Evanston, with hundreds of positive outcomes. By breaking down barriers to achievement and providing essential support such as housing, education, meals, medical care, tutoring, and career readiness, they empower motivated students from impoverished families to build a successful future through hard work and education. With a 100% success rate, Boys Hope Girls Hope Of Illinois Inc is making a significant difference in the lives of young people, helping them see opportunities beyond their neighborhoods and guiding them towards becoming well-educated, career-ready individuals who can make a positive impact on their communities.
This information is meant to be a general summary of Boys Hope Girls Hope Of Illinois 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 2024.
- Investment Income: $293,176
- Program Service Revenue: $248,017
- Gross Receipts: $4,923,491
Assets and Liabilities:
- Total Assets: $7,760,886
- Total Liabilities: $118,160
- Net Assets: $7,642,726
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contribution In Kind - Tuition
Revenue
$227,017
Contribution In Kind - Rent
Revenue
$21,000
Organization Details
Founding Year
1977
Principal Officer
Karen Croteau
Website
www.chicagobhgh.orgNTEE Category
Code: O20 - Youth development
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