Better Business Bureau Report for
Hope for Tomorrow, Inc.

Better Business Bureau Report issued May 2014
Better Business Bureau Report expires May 2016


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Hope for Tomorrow, Inc.
Address: 479 North Lake Street
  Aurora, IL 60506
Phone: 630-966-9000
866-301-4673
Web Address: www.hopefortomorrow.net
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Better Business Bureau Comments

Year, State Incorporated: 1999, Illinois
Affiliates: None
Stated Purpose: Hope for Tomorrow's mission is to teach individuals with chronic or episodic homelessness, substance use, and/or mental health disorders how to successfully and permanently reintegrate into society and lead accountable, responsible, law-abiding, self-sufficient lives in the community.

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Evaluation Conclusions

              

Hope for Tomorrow, Inc. meets the 20 Standards for Charity Accountability.
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Programs

              

Hope for Tomorrow operates six highly-structured, clinically-managed homes for 52 adult men and veterans struggling with substance use and mental health disorders. In addition, Hope for Tomorrow provides outpatient & intensive outpatient substance abuse/mental health treatment, certified gambling counseling, remedial education, crisis intervention, and relapse prevention training to adolescent and adults.

For the fiscal year ended December 31, 2012, Hope for Tomorrow, Inc.'s program expenses were:

  
Donated services 185,930
Salaries and benefits 163,297
Rent 150,000
Facilities costs 91,971
Contract labor 32,862
Operation expenses 23,672
Insurance expense 5,194
Miscellaneous expenses 4,916
Professional fees 4,077
Staff development 1,196
Total Program Expenses: $663,115
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Governance

              

Chief Executive : Jeff Gilbert, President & Executive/Clinical Director
Compensation*: 
$90,293

Chair of the Board: Bryan Lundeen
Chair's Profession / Business Affiliation: President, True Blue Painting & Decorating

Board Size: 6

Paid Staff Size: 3

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, grant proposals
Fund raising costs were 2% of related contributions. (Related contributions, which totaled $402,558, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Hope for Tomorrow, Inc.'s audited financial statements for the fiscal year ended December 31, 2012.

Source of Funds  
Contributions 222,656
Program Services 210,843
In-kind support 179,902
Total Income $613,401


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Uses of Funds as a % of Total Expenses

Programs: 96%  Fund Raising: 1%  Administrative: 3% 

Total income $613,401
Program expenses $663,115
Fund raising expenses 9,089
Administrative expenses 18,759
Total expenses $690,963
Expenses in Excess of Income (77,562)
Beginning net assets 118,123
Ending net assets 40,561
Total liabilities 479,533
Total assets $520,094


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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