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Radical Hope Inc

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

EIN: 824420567 ✦ Concord, MA ✦ Designated as a 501(c)(3)

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Overview

What is Radical Hope Inc?

Radical Hope Inc is a dedicated nonprofit organization based in Concord, Massachusetts, with a mission to enhance the lives and futures of young adults. Their primary focus is on strengthening connections and building resilience among this demographic, preparing them to cope before they reach a crisis point. Throughout 2022, they scaled their evidence-based wellness program across the country, partnering with 17 colleges and reaching nearly 10,000 students. In addition, they collaborated with the National Football League, making the Los Angeles Chargers the first NFL team to implement their program with their rookie players. Radical Hope covers all expenses associated with the program, including content creation, training, and facilitator stipends. Their commitment extends to identifying, developing, funding, and scaling evidence-based programs that boost resilience in young people through their core priorities: connectivity, engagement, empowerment, emotional regulation, and sustainability. With a team of eight dedicated individuals, Radical Hope Inc is steadfast in its mission to impact young adults positively.


Official website here: www.radicalhopefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating

Radical Hope Inc has received a high score of 96%, which reflects its strong performance in accountability and finance. This rating is particularly significant as it underscores the charity's transparency and effective management of funds, with a focus on stewardship of charitable contributions. The organization earned full points in various categories, indicating a robust financial structure and adherence to best practices in governance.

Strengths of Radical Hope Inc include an entirely independent board that demonstrates a commitment to unbiased oversight, as well as a strong program expense ratio of 86.76%, which suggests that a significant portion of its resources is directed towards its mission. Additionally, the charity has well-established policies regarding conflict of interest and whistleblowing, contributing to a culture of integrity and trustworthiness.

Despite these strengths, there are no specific limitations highlighted in the available data. Overall, Radical Hope Inc appears to be a well-managed nonprofit that prioritizes financial accountability and transparency, making it a trustworthy option for donors looking to support impactful initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Radical Hope Inc legitimate?

Radical Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Radical Hope 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: $524,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,024

For more financial information, click here


Official website here: www.radicalhopefoundation.org

What is the mission statement of Radical Hope Inc?

Radical Hope Inc's mission is centered around improving the lives and futures of young adults. This is achieved by strengthening connections and building resilience among them. The organization identifies, develops, funds, and scales evidence-based programs that enhance resilience in young people. This is done through prioritizing connectivity, engagement, empowerment, emotional regulation, and sustainability. In 2022, Radical Hope scaled its wellness program to young adults across the country, empowering them with skills and resources to strengthen connections and build resilience, preparing them to cope before reaching a crisis point. The program reached nearly 10,000 students at 17 colleges and was also introduced to NFL teams, with the Los Angeles Chargers being the first to implement it with their rookie players. Radical Hope covers all costs associated with the program, including original content, training, facilitator stipends, hosting and maintenance, customization, and marketing materials.


Official website here: www.radicalhopefoundation.org

Who is the CEO of Radical Hope Inc?

Philip Martin is the Clerk, Director of Radical Hope Inc. The CEO's salary of Radical Hope Inc is $390,000 and their total compensation is $391,291.


Official website here: www.radicalhopefoundation.org

What is the revenue of Radical Hope Inc?

Radical Hope Inc's revenue in 2022 was $1,523,922.


Official website here: www.radicalhopefoundation.org

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

The average compensation at Radical Hope Inc during 2022 was $98,181. There are 8 employees and 50 volunteers at Radical Hope Inc.


Here are 8 key members and their salaries (Radical Hope Inc's CEO's salary is $390,000 and their total compensation is $391,291):


Pamela Martin (Clerk, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip D Martin (Treasurer, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Feld (President, Ceo)
  • Compensation: $390,000
  • Related: $0
  • Other: $1,291
Paul Bossidy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Bossidy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Langone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Geoffrey Ling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Seaver (Director Of Operations & Programs Manager)
  • Compensation: $134,423
  • Related: $0
  • Other: $3,916


Official website here: www.radicalhopefoundation.org

Where can I find the form 990 for Radical Hope Inc?

Radical Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.radicalhopefoundation.org

Learn more at the official website: www.radicalhopefoundation.org

Mission Statement of Radical Hope Inc

Radical Hope Inc, a nonprofit organization, is dedicated to enhancing the lives and futures of young adults by fostering connections and boosting resilience. Their mission is multifaceted, encompassing the identification, development, funding, and expansion of evidence-based programs that enhance resilience in young people. Radical Hope's approach is centered around five core priorities: connectivity, engagement, empowerment, emotional regulation, and sustainability.

The organization's strategy involves strengthening connections among young adults, encouraging their engagement in various activities, empowering them with necessary skills, aiding in emotional regulation, and ensuring the sustainability of these gains. Radical Hope's mission is to equip young people with the tools they need to navigate challenges before they reach a crisis point.

In 2022, Radical Hope scaled its evidence-based wellness program to young adults across the country. This program equips young adults with skills and resources to strengthen their connections and build resilience. Radical Hope partnered with 17 colleges and reached nearly 10,000 students. Beyond their work with college students, they also collaborated with the National Football League, introducing the program to their teams. The Los Angeles Chargers were the first NFL team to implement Radical Health with their rookie players. Radical Hope covers all costs associated with the program, including original content, program training, facilitator stipends, portal hosting and maintenance, program customization for each partner, and marketing materials.

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Impact




July, 2024

Radical Hope Inc is making a tangible impact by reaching nearly 10,000 college students through their evidence-based wellness program. By empowering young adults with skills and resources to strengthen connections and build resilience, they are equipping this demographic to cope proactively rather than waiting until they reach a crisis point. Furthermore, their collaboration with the National Football League has allowed them to introduce the program to professional sports teams, starting with the Los Angeles Chargers who ran the program with their rookie players. Radical Hope Inc covers all costs associated with executing the program, underscoring their commitment to expanding their reach and impact.




This information is meant to be a general summary of Radical Hope 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
$1,523,922 (2022)
Expenses
$2,108,950 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,528,610

Assets and Liabilities:

  • Total Assets: $2,961,132
  • Total Liabilities: $122,997
  • Net Assets: $2,838,135

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Organization Details

Founding Year

2018

Principal Officer

Philip Martin

Main Address

9 STACEY CIRCLE, CONCORD, MA, 01742

NTEE Category

Code: E60 - Health

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