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Hope For Youth Inc

Hype

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822881480 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Hope For Youth Inc?

Hope For Youth Inc, also known as HYPE, is a nonprofit organization situated in Atlanta, Georgia, specifically at 925B Peachtree St NE STE 2055. Their mission is to address the underrepresentation of women and girls of color in the tech industry by fostering a network of talent through exploration, education, and empowerment. HYPE has successfully reached over a thousand students across 25 counties, collaborating with 20 partner organizations to achieve their goals. Their work is centered around inspiring these girls to utilize their creativity and skills to solve real-world problems and make meaningful contributions in the field of technology. HYPE currently employs a team of 30 individuals dedicated to this mission.


Official website here: www.gethype.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars

Hope For Youth Inc has a very low overall score of 37%, resulting in a Zero-Star out of Four Star rating. This score is based solely on their Accountability & Finance metrics. While the organization scores well on having a majority of independent board members and maintains transparency in some areas, it falls significantly short in others, such as financial statements, where it received no points.

The nonprofit has demonstrated some organizational strengths, notably achieving full points for having independent board members and a conflict of interest policy. However, the absence of a whistleblower policy and document retention protocols raises concerns about governance practices. Furthermore, the program expense ratio is notably low at just 25.08%, indicating a potential issue with how funds are allocated towards programs versus administrative costs.

Overall, while there are positive aspects regarding board independence and transparency in specific areas, the lack of financial reporting and low program expense ratio highlight significant limitations that potential donors should consider.


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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,002

For more financial information, click here


Official website here: www.gethype.org/

What is the mission statement of Hope For Youth Inc?

Hope For Youth Inc's mission is centered around addressing the "leaky tech pipeline" issue, specifically for women and girls of color. Their objective is to establish a tech talent network through intentional exploration, education, and empowerment. This mission aims to inspire these young individuals, encouraging them to believe in their abilities to solve real-world problems and make significant contributions in the technology sector. So far, Hope For Youth Inc has reached over a thousand students across various counties and collaborates with 20 partner organizations.


Official website here: www.gethype.org/

Who is the CEO of Hope For Youth Inc?

Kristina Newton is the Executive Director of Hope For Youth Inc.


Official website here: www.gethype.org/

What is the revenue of Hope For Youth Inc?

Hope For Youth Inc's revenue in 2022 was $906,895.


Official website here: www.gethype.org/

Who are the executives of Hope For Youth Inc and what are their salaries?

The average compensation at Hope For Youth Inc during 2022 was $9,667. There are 30 employees at Hope For Youth Inc.


There is 1 key member and their salary:


Kristina Newton (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gethype.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 2022 and can be accessed here.


Official website here: www.gethype.org/

Learn more at the official website: www.gethype.org/

Mission Statement of Hope For Youth Inc

Hope For Youth Inc, a nonprofit organization, is committed to addressing the issue of a leaky tech pipeline for women and girls of color. Their mission is to build a robust tech talent network through intentional exploration, education, and empowerment. By doing so, they aim to inspire every girl to believe in her potential to solve real-world problems and make significant contributions in the field of technology. To date, Hope For Youth Inc has reached over a thousand students, served communities in twenty different counties, and collaborated with twenty partner organizations.

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Impact




July, 2024

Hope For Youth Inc's impact is significant in addressing the leaky tech pipeline problem for women and girls of color. Through their program, they have inspired over 1000 students across 25 counties, working with 20 partner organizations. Their mission of building a tech talent network through intentional exploration, education, and empowerment in Atlanta, GA, is making valuable contributions to youth development in the tech industry.




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.

Revenue
$906,895 (2022)
Expenses
$502,621 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $788
  • Program Service Revenue: $179,669
  • Gross Receipts: $906,895

Assets and Liabilities:

  • Total Assets: $699,977
  • Total Liabilities: $25,152
  • Net Assets: $674,825

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

After School Program

Revenue

$90,105

HYPE Coding Camps

Revenue

$89,564

Services

Organization Details

Founding Year

2017

Principal Officer

Kristina Newton

Main Address

925B Peachtree St NE STE 2055, Atlanta, GA, 30309

NTEE Category

Code: O50 - Youth development

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