Hope Initiatives Cdc Incorporated
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HOPE INITIATIVES HELPS RESTORE LIVES DAMAGED BY INCARCERATIONS, ADDICTIONS, AND POVERTY THROUGH EMPLOYMENT, SKILLS TRAINING, BIBLICAL DISCIPLESHIP, ENCOURAGEMENT, AND HOPE.
- Income
- $1.1 million
- Spending
- $1.1 million
- Spent on programs
- 78%
- Reserves
- -0.5 months of spending
- Largest source of income
- fees for its services, 82%
- Employees
- 15
- Volunteers
- 10
- Highest pay
- $39,362, ceo - thru 3/31/24
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 34 out of 100. Higher than 8% of charities in its peer group (education, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 62% of what it owns.
Living within its means
4 of 15Spending exceeded income by 6% of income.
Income trend
10 of 15Income fell 6% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $808,771 spent. HOPE INITIATIVES WAREHOUSE PROVIDES CLIENTS OF THE MONROE COUNTY DEPARTMENT OF SOCIAL SERVICES AND OF OTHER LOCAL AGENCIES WITH EMERGENCY FURNITURE AND HOUSEHOLD ITEMS, AND MOVING AND STORAGE SERVICES. WE SERVED MORE THAN 1,600 FAMILIES AND INDIVIDUALS IN 2023-24. HOPE INITIATIVES PROVIDES CARPENTRY, WELDING, AND CNC SKILLS EXPERIENCES TO COMMUNITY SERVICE VOLUNTEERS AND OTHERS WITHIN THE GREATER MONROE COUNTY AREA. ALL PROGRAMS AND SERVICES OPERATE 5 DAYS PER WEEK.HOPE INITIATIVES PURCHASES, RENOVATES AND MAINTAINS HOMES TO PROVIDE SUPPLEMENTAL INCOME IN SUPPORT OF OTHER PROGRAM SERVICE AREAS.
- $83,798 spent. THE HOPE WORKS PROGRAM WAS ESTABLISHED IN 2022. IT BUILDS UPON OUR EXPERIENCE IN PROVIDING WORK EXPERIENCES AND COACHING TO W.E.P. PARTICIPANTS FOR MANY YEARS. HOPE WORKS IS A FULL TIME 12-WEEK WORKFORCE DEVELOPMENT PROGRAM DESIGNED TO PREPARE INDIVIDUALS AGES 18+ FOR MEANINGFUL EMPLOYMENT THROUGH EMPLOYABILITY SKILLS TRAINING AND THROUGH HANDS-ON OCCUPATIONAL SKILLS TRAINING IN BASIC WOODWORKING, WELDING, AND CNC MACHINING. UPON TRAINING COMPLETION, PARTICIPANTS ARE CONNECTED WITH EMPLOYER PARTNERS FOR FULL TIME EMPLOYMENT. THE PROGRAM IS DESIGNED TO SERVE INDIVIDUALS WHO ARE IN RE-ENTRY FROM INCARCERATION, RECOVERING FROM SUBSTANCE USE DISORDERS, CHRONICALLY UNEMPLOYED, AGE 18 - 24 WHO ARE AT RISK FOR GUN VIOLENCE, OR REFERRED BY THE DEPARTMENT OF SOCIAL SERVICES. IN ITS MORE THAN TWELVE MONTHS OF OPERATION HOPE WORKS HAS ENROLLED 99 INDIVIDUALS, OF WHOM 50% ATTENDED THE PROGRAM AND APPROXIMATELY 20% GAINED EMPLOYMENT.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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