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Hopebound Mental Health

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

EIN: 844008940 ✦ Decatur, GA ✦ Designated as a 501(c)(3)

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Overview

What is Hopebound Mental Health?

Hopebound Mental Health is a non-profit organization, based in Decatur, Georgia, that offers mental health support to adolescents from marginalized communities at an affordable cost. The organization employs a team of four individuals and provides mental health counseling to these young individuals through in-person or video-based sessions. The counseling services are offered free of charge or at a low cost, and are provided by supervised mental health clinician interns. The mission of Hopebound is to empower these young adults by helping them navigate their mental health journeys, ensuring they have access to the necessary resources for healing and growth.


Official website here: www.hopebound.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 100%

Hopebound Mental Health has achieved a perfect score of 100% on Charity Navigator, earning a Four-Star out of Four Star rating primarily based on its accountability and financial practices. The organization exhibits strong governance with 75% of its board members being independent, demonstrating a commitment to transparency and ethical management. Its financial health is robust, highlighted by a low liabilities-to-assets ratio and a high percentage of program expenses directed towards its mission.

User feedback on GreatNonprofits is overwhelmingly positive, with a reviewer emphasizing the organization's pivotal role in supporting youth mental health. Hopebound not only serves as a crucial resource for young individuals but also provides practical training opportunities for counseling students, fostering a dual impact on the community. The organization's innovative approach to personalized mental health services and dedication to inclusivity has been particularly praised, reflecting its commitment to breaking down barriers and reducing stigma.

While the data does not highlight any specific limitations, the focus on financial metrics and user testimonials suggests that Hopebound is primarily viewed through the lens of its operational success and community impact. Overall, Hopebound Mental Health stands out as a beacon of hope and support in the mental health landscape, dedicated to making services accessible to all.


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

Is Hopebound Mental Health legitimate?

Hopebound Mental Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopebound Mental Health 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: $102,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,683

For more financial information, click here


Official website here: www.hopebound.com

What is the mission statement of Hopebound Mental Health?

Hopebound Mental Health is an organization dedicated to offering mental health counseling services to adolescents from marginalized communities. The counseling, available both in-person and via video, is provided by supervised pre-licensed mental health clinicians at no or low cost. The mission of Hopebound Mental Health is to ensure that these communities have access to mental health support, a vital resource for overall well-being and personal growth. The organization aims to break down barriers and create a supportive environment that encourages healing and self-improvement.


Official website here: www.hopebound.com

Who is the CEO of Hopebound Mental Health?

Logan Guilbeau is the Treasurer of Hopebound Mental Health.


Official website here: www.hopebound.com

What is the revenue of Hopebound Mental Health?

Hopebound Mental Health's revenue in 2022 was $429,043.


Official website here: www.hopebound.com

Who are the executives of Hopebound Mental Health and what are their salaries?

The average compensation at Hopebound Mental Health during 2022 was $74,890. There are 4 employees and 10 volunteers at Hopebound Mental Health.


Here are 4 key members and their salaries:


Christina Guilbeau (Executive Dir.)
  • Compensation: $102,877
  • Related: $0
  • Other: $0
Logan Guilbeau (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Vance (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Leiderman (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopebound.com

Where can I find the form 990 for Hopebound Mental Health?

Hopebound Mental Health's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopebound.com

Learn more at the official website: www.hopebound.com

Mission Statement of Hopebound Mental Health

Hopebound Mental Health is an organization dedicated to providing mental health support to adolescents from marginalized communities. They offer mental health counseling, either in-person or through video-based sessions, free of charge or at a low cost. This service is provided by supervised mental health clinician interns. The mission of Hopebound Mental Health is to ensure that adolescents from underserved communities have access to mental health services, making a significant contribution to their overall well-being and future prospects. By providing this essential service, Hopebound aims to foster a mentally healthier society, one adolescent at a time.

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Impact




June, 2024

Hopebound Mental Health's impact is significant in providing essential mental health support to adolescents from marginalized communities. By offering in-person or video-based counseling services free of charge or at low cost, Hopebound ensures that those who may otherwise not have access to quality mental health care can receive the help they need. The use of supervised mental health clinician interns as providers not only benefits the adolescents seeking support but also serves as a valuable learning experience for the interns. Hopebound's mission to prioritize the mental well-being of adolescents from marginalized communities in Decatur, GA, is commendable and has undoubtedly made a positive impact on the lives of those it serves.




This information is meant to be a general summary of Hopebound Mental Health. 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
$429,043 (2022)
Expenses
$544,486 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $2,348
  • Gross Receipts: $429,043

Assets and Liabilities:

  • Total Assets: $522,474
  • Total Liabilities: $1,382
  • Net Assets: $521,092

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Programs

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

Earned Revenue, Services

Revenue

$2,348

Organization Details

Founding Year

2019

Principal Officer

Logan Guilbeau

Main Address

1119 South Candler Street, Decatur, GA, 30030

NTEE Category

Code: F99 - Mental health

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