Hope Toledo Services
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
OUR MISSION IS TO SUPPORT AND ENSURE HIGH-QUALITY EDUCATION, FROM PRESCHOOL TO POSTSECONDARY AND TRADE SCHOOL, FOR EVERY YOUNG PERSON IN THE TOLEDO REGION, CREATING GENERATIONAL ECONOMIC CHANGE FOR THE BETTERMENT OF OUR FAMILIES AND COMMUNITY.
- Income
- $3.7 million
- Spending
- $4.0 million
- Spent on programs
- 96%
- Reserves
- -2.8 months of spending
- Largest source of income
- government grants, 59%
- Employees
- 8
- Volunteers
- 50
- Highest pay
- $128,312, president and ceo
Source: Form 990 for the year ending December 31, 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
0 of 20It owes 247% of what it owns.
Living within its means
4 of 15Spending exceeded income by 8% of income.
Income trend
15 of 15Income rose 4% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100. Higher than 38% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2514 of 14 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
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed 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 December 31, 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)
- $1.3 million spent. HOPE TOLEDO PROMISE IS A NOVEL, TWO-GENERATION APPROACH THAT SUPPORTS STUDENTS AND FAMILIES AS THEY PURSUE POSTSECONDARY OPPORTUNITIES. THE PROGRAM IS THE FIRST FULLY FUNDED TWO-GENERATION SCHOLARSHIP PROGRAM OF ITS KIND AND PROVIDES TUITION, ROOM, BOARD, BOOKS AND FEES TO STUDENTS PARTICIPATING. THE PROGRAM IS PILOTED AT JESUP W. SCOTT HIGH SCHOOL AND CURRENTLY HAS MORE THAN 150 STUDENT AND PARENT SCHOLARS FROM THREE COHORTS ATTENDING MORE THAN 20 INSTITUTIONS THROUGHOUT OHIO. BASED ON TWO STUDIES CONDUCTED BY NORTHWESTERN, THE POSTSECONDARY ENROLLMENT RATE INCREASED BY 70% AND THE PERSISTENCE RATE AMONG OUR FIRST TWO COHORTS SITS JUST ABOVE 54% (COHORT 1 = 43%; COHORT 2 = 69%). THERE HAVE BEEN 18 GRADUATES SINCE THE INCEPTION OF THE PROGRAM THREE YEARS AGO AND WE EXPECT MORE TO JOIN THOSE RANKS IN THE COMING YEAR.
- $2.6 million spent. HOPE TOLEDO PRE-K HAS CREATED A COMPREHENSIVE COMMUNITY-BASED APPROACH TO EARLY CHILDHOOD EDUCATION AND CARE THROUGH A UNIQUE PARTNERSHIP WITH 20 PRESCHOOL PROVIDERS LOCATED STRATEGICALLY ACROSS THE NORTHWEST OHIO REGION. THROUGH THIS EFFORT WE HAVE SERVED OVER 800 CHILDREN WITH CULTURALLY RICH, EVIDENCE-BASED CURRICULUM DELIVERED BY CREDENTIALED TEACHERS RECEIVING A LIVING WAGE. THE PROGRAM FURTHER SUPPORTS TEACHERS THROUGH ONGOING PROFESSIONAL DEVELOPMENT AND PROVIDERS THROUGH BUSINESS SUPPORTS. PARENTS RECEIVE VARIOUS LEVELS OF ENGAGEMENT AND SUPPORT TO ASSIST THEM IN ENSURING THEIR CHILD ATTENDS AND PARTICIPATES IN THE PROGRAM. THROUGH THE FIRST TWO SCHOOL YEARS, 30% OF CHILDREN FROM HOPE CLASSROOMS PERFORMED AT THE "DEMONSTRATING LEVEL" ON THE KINDERGARTEN READINESS ASSESSMENT, WHICH OUTPERFORMS THE ASSESSMENTS OF CHILDREN WHO DID NOT HAVE ACCESS TO THIS SERVICE.
Source: Form 990 for the year ending December 31, 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 October 13, 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 October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.