NonprofitsOperation Hope Inc

Unclassified

Operation Hope Inc

ATLANTA, GA

Total revenue

$57.4M

Total expenses

$42.3M

Net assets

$49.5M

Grants received

$16.9M

142 grants

EIN

954378084

Tax year

2024

Mission

Operation HOPEs mission is to expand economic opportunity in underserved communities through financial education and empowerment by offering programs that create stabilized communities and financial stakeholders.

Programs

5 programs

Youth HOPEs Banking on our Future (BOOF) program has operated in 304 U.S. cities and 3 provinces in South Africa and has educated over 1 million youth. The program is the recipient of the 11th John Sherman Award for Financial Education given by the US Treasury Department. HOPEs Business in A Box Academies (HBIABA) is a national initiative to harness the economic energy of Youth and bring positive role models into underserved communities. HOPEs Child Savings Account (CSA) program provides qualifying Atlanta Public Schools (APS) kindergartners with a free savings account and a one-time deposit of $50. The savings accounts are a starting point reserved for expenses related to post-secondary education and career preparation. In 2024, HOPE impacted and serviced 11,089 youth and young adults.

Expenses: $3.7MGrants: $876K

1MBB HOPEs 1 Million Black Businesses initiative (1MBB) provides the black community a successful path to wealth creation through sustainable and profitable business ownership. 1MBB participants can take advantage of coaching and educational services, access to expert volunteers and more. The 1MBB Initiative is an extension of the HOPE Small Business program with access to additional resources as made possible by support from key 1MBB partners. HOPEs team of dedicated Small Business Coaches can help entrepreneurs and new or existing small business owners identify their key needs and then provide the education, coaching and connections needed to improve their businesses. From program inception to date, HOPE has supported more than 462,814 unique black-owned businesses, which accounts for approximately 5% of all black-owned businesses in the U.S.

Expenses: $2.0M

Disaster HOPE is a national partner of FEMA, addressing financial disaster preparedness, response, and recovery. Other disaster partners include the American Red Cross, the Economic Development Administration (EDA), corporations, and other volunteer organizations. Since 2001, HOPE has helped over 1.5 million individuals with pre-disaster financial preparedness and counseling, post disaster financial recovery, and FEMA application assistance to families affected in 148 major disasters across 30 states and Puerto Rico. In 2024, HOPE empowered 18,011 clients across the United States with the tools and resources needed to survive and thrive before and after a disaster.

Expenses: $932K

FL4A- HOPE Financial Literacy for All is a national initiative to embed financial literacy into American culture, led by a prominent group of leaders from business, sports, entertainment and nonprofit sectors. This 10-year initiative will reach millions of youths and working adults by making financial literacy fun, while engaging them where they live, work, and celebrate. As of 2024, FL4A coalition members cumulative impact includes 2.1 million youths educated; 3.4 million adults educated; and 1.4 million employees educated.

Expenses: $822K

CCAP - HOPEs Closing Cost Assistance Program (CCAP) provides closing cost assistance for clients in partnership with Fulton Bank. In 2024, the CCAP program helped clients get approved for $406,500 in closing cost assistance grants and securing more than $59.9 million in mortgage lending. Since inception, this partnership has assisted in allocating more than $10.4 million in down-payment assistance grants to help clients obtain more than 7,000 funded mortgage loans totaling more than $1.19 billion dollars.

Expenses: $379KGrants: $313K

Financials

FY 2024

Revenue

Contributions & grants$57.1M
Program service revenue
Investment income$291K
Other revenue
Total revenue$57.4M

Expenses

Grants paid$1.2M
Salaries & benefits$32.2M
Fundraising$2.4M
Other expenses$8.9M
Total expenses$42.3M
Total assets$56.3M
Net assets$49.5M

People

27 listed

NameRoleCompensation

JOHN BRYANT

Chairman/CEO

Board

$694K

40 hrs/wk

BRIAN BETTS

PRESIDENT/CFO

Board

$404K

40 hrs/wk

RACHAEL DOFF

SEVP/CAO

Board

$301K

40 hrs/wk

MICHAEL AROUGHETI

BOARD MEMBER

Board

1 hrs/wk

BRYAN JORDAN

BOARD MEMBER

Board

1 hrs/wk

TIM WELSH

BOARD MEMBER

Board

1 hrs/wk

SARAH FRIAR

BOARD MEMBER

Board

1 hrs/wk

JED YORK

BOARD MEMBER

Board

1 hrs/wk

TIMOTHY WENNES

BOARD MEMBER

Board

1 hrs/wk

BRAD HANSON

BOARD MEMBER

Board

1 hrs/wk

FRANK MARTELL

BOARD MEMBER

Board

1 hrs/wk

STEPHEN RYAN ESQ

BOARD MEMBER

Board

1 hrs/wk

LISA BORDERS

BOARD MEMBER

Board

1 hrs/wk

KEVIN BOUCHER

EVP, CHIEF COMM. & STRAT OFFICER

Staff

$262K

40 hrs/wk

LANCE TRIGGS

EVP, PROGRAMS

Staff

$253K

40 hrs/wk

JENNIFER WOLFORD

EVP, CHIEF INNOVATION OFFICER

Staff

$232K

40 hrs/wk

MARY HAGERTY

EVP, PARTNERSHIP

Staff

$220K

40 hrs/wk

RODRICK MCGREW

EVP, CHIEF CULTURAL OFFICER

Staff

$185K

40 hrs/wk

JENA ROSCOE

SVP GOVT RELATIONS & PUBLIC AFFAIRS

Staff

$176K

40 hrs/wk

JAMES EDWARD EBERHART

EVP, CHIEF EXPERIENCE OFFICER

Staff

$175K

40 hrs/wk

KEITH HARRIS

EVP CPO

Staff

$163K

40 hrs/wk

NICOLE PIETRO

EVP CDO

Staff

$154K

40 hrs/wk

WILLIAM FAIR

DIRECTOR, BUS CUL

Staff

$144K

40 hrs/wk

JASON SCHRAUB

SVP, PARTNERSHIPS

Staff

$138K

40 hrs/wk

EVELYN DUCOULOMBIER

SVP, C&C AFFAIRS

Staff

$137K

40 hrs/wk

ALEX SUTTON

SVP, IT

Staff

$133K

40 hrs/wk

MICHAEL SMITH

SVP FINANCE & ACCT

Staff

$130K

40 hrs/wk

Independent contractors

IACC LLC

CONSULTATION

$548K

PER SE MEDIA GROUP LLC

PUBLIC RELATIONS

$295K

MEDEL COMMUNICATIONS LLC

PUBLIC RELATIONS

$247K

FLYING FROG CONSULTANTS LLC

CONSULTATION

$168K

BA-SHEN WELCH

CONSULTATION

$109K

Grants received

Showing 142 of 142

FromAmountPurposeYear
$1M
GRANT TO EXPAND ECONOMIC OPPORTUNITY FOR ALL
2024
$815K
General Support
2024
$500K
Research AI Economic Opportunity
2024
$450K
SUPPORT FOR DEVELOPING AN APP FOR FINANCIAL COACHING AND FINANCIAL LITERACY.
2024
$208K
GENERAL OPERATING SUPPORT
2024
$100K
FINANCIAL WELLNESS COACHING
2024
$61K
GENERAL SUPPORT
2024
$50K
FUNDING SUPPORTS GENERAL OPERATIONS AND PROGRAMMING.
2024
$16K
GENERAL SUPPORT
2024
$10K
PROGRAM SUPPORT
2024
$5K
GENERAL PURPOSE
2024
$5K
This funding will support Operation HOPE Youth Programming through the Child Savings Accounts initiative. Your support will help us continue to ensure participating students and their families have the opportunity to develop financial plans for the future. The program will also provide financial workshops and coaching for students' parents and caregivers. Students will additionally receive financial literacy programming and college and career preparedness services throughout their K-12 experience.
2024
$3K
TO FURTHER THE MISSION OF THE DONEE
2024
$1.1M
FUNDING SUPPORTS GENERAL OPERATIONS AND PROGRAMMING.
2023
$785K
IMPROVE THE FINANCIAL KNOWLEDGE, SECURITY, AND STABILITY OF CITY YEAR AMERICORPS PARTICIPANTS IN 15 LOCATIONS (YEAR 1) AND A TOTAL OF 29 LOCATIONS (YEAR 2) ACROSS THE UNITED STATES WITH FINANCIAL LITERACY AND SKILL BUILDING COACHING AND EDUCATION.
2023
$600K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2023
$500K
To develop a digital technical assistance tool that will support 4000 women entrepreneurs and a one-year membership to HOPE network
2023
$450K
IMPROVE THE FINANCIAL KNOWLEDGE, SECURITY, AND STABILITY OF CITY YEAR AMERICORPS PARTICIPANTS IN 15 LOCATIONS (YEAR 1) AND A TOTAL OF 29 LOCATIONS (YEAR 2) ACROSS THE UNITED STATES WITH FINANCIAL LITERACY AND SKILL BUILDING COACHING AND EDUCATION.
2023
$372K
IMPROVE THE FINANCIAL KNOWLEDGE, SECURITY, AND STABILITY OF CITY YEAR AMERICORPS PARTICIPANTS IN 15 LOCATIONS (YEAR 1) AND A TOTAL OF 29 LOCATIONS (YEAR 2) ACROSS THE UNITED STATES WITH FINANCIAL LITERACY AND SKILL BUILDING COACHING AND EDUCATION.
2023
$372K
IMPROVE THE FINANCIAL KNOWLEDGE, SECURITY, AND STABILITY OF CITY YEAR AMERICORPS PARTICIPANTS IN 15 LOCATIONS (YEAR 1) AND A TOTAL OF 29 LOCATIONS (YEAR 2) ACROSS THE UNITED STATES WITH FINANCIAL LITERACY AND SKILL BUILDING COACHING AND EDUCATION.
2023
$372K
IMPROVE THE FINANCIAL KNOWLEDGE, SECURITY, AND STABILITY OF CITY YEAR AMERICORPS PARTICIPANTS IN 15 LOCATIONS (YEAR 1) AND A TOTAL OF 29 LOCATIONS (YEAR 2) ACROSS THE UNITED STATES WITH FINANCIAL LITERACY AND SKILL BUILDING COACHING AND EDUCATION.
2023
$275K
PROGRAM/OPERATING SUPPORT
2023
$261K
For grant recipient's exempt purposes
2023
$250K
Research AI Economic Opportunity
2023
$201K
GENERAL OPERATING SUPPORT
2023
$25K
TO SUPPORT ON-GOING NEEDS OF THE RECIPIENT ORGANIZATION
2023
$25K
CHARITABLE DONATION
2023
$21K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$13K
PUBLIC, SOCIETAL BENEFIT
2023
$10K
FINANCIAL LITERACY PROGRAMS
2023
$10K
Grant/Sponsorship
2023
$10K
2023 Hope Global Forum Sponsorship
2023
$10K
FOR THE USE OF THE DONEE ORGANIZATION
2023
$7K
TO SUPPORT THE ORGANIZATION'S MISSION TO BE A FOR-PURPOSE ORGANIZATION WORKING TO DISRUPT POVERTY AND ENABLE INCLUSION FOR LOW AND MODERATE INCOME YOUTH AND ADULTS.
2023
$6K
DONOR RECOMMENDED GRANT FROM DONOR ADVISED FUND FOR GENERAL OPERATING SUPPORT
2023
$5K
OPERATING SUPPORT OF ORGANIZATION
2023
$5K
GENERAL PURPOSE
2023
$4K
GENERAL OPERATIONS
2023
$3K
GENERAL OPERATING
2023
$500
FURTHERANCE OF THE ORGANIZATION'S PURPOSE
2023
$150
PROGRAM/OPERATING SUPPORT
2023
$25
PROGRAM/OPERATING SUPPORT
2023
$1M
FUNDING SUPPORTS GENERAL OPERATIONS AND PROGRAMMING.
2022
$401K
Support for LMS Home ownership
2022
$372K
FUNDING TO SUPPORT THE FINANCIAL LEARNING PROGRAM FOR YOUTH.
2022
$291K
GENERAL SUPPORT
2022
$148K
FUNDING TO SUPPORT THE FINANCIAL LEARNING PROGRAM FOR YOUTH.
2022
$148K
FUNDING TO SUPPORT THE FINANCIAL LEARNING PROGRAM FOR YOUTH.
2022
$148K
FUNDING TO SUPPORT THE FINANCIAL LEARNING PROGRAM FOR YOUTH.
2022
$148K
FUNDING TO SUPPORT THE FINANCIAL LEARNING PROGRAM FOR YOUTH.
2022
$148K
FUNDING TO SUPPORT THE FINANCIAL LEARNING PROGRAM FOR YOUTH.
2022
$148K
FUNDING TO SUPPORT THE FINANCIAL LEARNING PROGRAM FOR YOUTH.
2022
$137K
For grant recipient's exempt purposes
2022
$100K
GENERAL OPERATING SUPPORT
2022
$100K
COMMUNITY OUTREACH
2022
$97K
FUNDING TO SUPPORT THE FINANCIAL LEARNING PROGRAM FOR YOUTH.
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$50K
PROGRAM SUPPORT
2022
$22K
FUNDING TO SUPPORT THE FINANCIAL LEARNING PROGRAM FOR YOUTH.
2022
$20K
HOPEs Young Adult/High School Program On-Demand
2022
$13K
PUBLIC, SOCIETAL BENEFIT
2022
$10K
FOR THE USE OF THE DONEE ORGANIZATION
2022
$10K
FINANCIAL LITERACY PROGRAMS
2022
$10K
HUMAN SERVICE
2022
$6K
TO SUPPORT THE ORGANIZATIONS MISSION TO DISRUPT POVERTY AND ENABLE INCLUSION FOR LOW AND MODERATE INCOME YOUTH AND ADULTS
2022
$6K
TO SUPPORT THE ORGANIZATION'S MISSION TO BE A FOR-PURPOSE ORGANIZATION WORKING TO DISRUPT POVERTY AND ENABLE INCLUSION FOR LOW AND MODERATE INCOME YOUTH AND ADULTS.
2022
$5K
111 Fam & Individual Services
2022
$3K
GENERAL PURPOSE
2022
$2K
GENERAL MISSION
2022
$156K
GENERAL SUPPORT
2021
$156K
GENERAL SUPPORT
2021
$51K
For grant recipient's exempt purposes
2021
$51K
For grant recipient's exempt purposes
2021
$26K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2021
$25K
PROGRAM SUPPORT
2021
$10K
HUMAN SERVICES
2021
$5K
GENERAL PURPOSE
2021
$351K
For grant recipient's exempt purposes
2020
$234K
TO MITIGATE THE ECONOMIC EFFECTS OF COVID-19 BY PROVIDING FINANCIAL COACHING AND INCLUSION TO INDIVIDUALS AND SMALL BUSINESSES TO CREATE ECONOMIC RESILIENCE WITHIN UNDERSERVED COMMUNITIES OF COLOR.
2020
$200K
IN SUPPORT OF FINANCIAL HEALTH
2020
$150K
General Support
2020
$125K
2 GRANT(S) FOR VARYING PURPOSES
2020
$54K
CHARITABLE DONATION
2020
$50K
BENEFIT SUPPORT
2020
$50K
Matching Gift
2020
$35K
TEACHER CONFIDENCE SURVEY II
2020
$30K
Emergency COVID-19 Response Program
2020
$25K
LeFrak/Goldman Sachs Hope Inside Program in Newark, NJ
2020
$20K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2020
$10K
FINANCIAL LITERACY PROGRAMS
2020
$10K
FOR THE USE OF THE DONEE ORGANIZATION
2020
$9K
OPERATING SUPPORT OF ORGANIZATION
2020
$6K
GENERAL PURPOSE
2020
$4K
GENERAL DONATION TO SUPPORT ORGANIZATION OR PROGRAM
2020
$3K
GENERAL SUPPORT
2020
$500
General & Unrestricted
2020
$200
GENERAL OPERATING SUPPORT
2020
$150
GENERAL SUPPORT
2020
$50
GENERAL SUPPORT
2020
$134K
For grant recipient's exempt purposes
2019
$100K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2019
$30K
Charitable Donation
2019
$15K
COMMUNITY BENEFIT
2019
$20K
For grant recipient's exempt purposes
2018
$1K
PROGRAM/OPERATING SUPPORT
2018
$65K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$6K
ENVIRONMENT, ANIMALS
2017
$1K
TO MAKE FREE ENTERPRISE WORK FOR EVERYONE
2017

Funded by

$16.9M from 71 funders · 142 grants · 2017–2024

Santander Consumer Usa Inc Foundation

$3.7M · 14 grants · 2022–2023

Synchrony Foundation

$2.1M · 3 grants · 2022–2024

American Online Giving Foundation Inc

$1.3M · 6 grants · 2019–2024

The Clayton Homes Foundation

$1.2M · 2 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$1.1M · 8 grants · 2017–2023

Delta Air Lines Foundation

$1M · 1 grant · 2024

OpenAI Foundation fka OpenAI Inc

$750K · 2 grants · 2023–2024

The Blackbaud Giving Fund

$604K · 3 grants · 2021–2022

Details

EIN954378084
NTEE codeZ99Z
Subsection03
Ruling date1993-02
Formed1992
Employees454
Volunteers327
OPERATION HOPE INC — Mission, Financials & Grants Received | Grantivo