Better Business Bureau Report for
Hope for Tomorrow, Inc.

Better Business Bureau Report issued June 2016
Better Business Bureau Report expires June 2018


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 professionally, ethically, and empathetically provide evidenced-based clinical and residential services that empower our clientele to transform their lives and permanently reintegrate into society as accountable, responsible, substance-free citizens 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, Inc. is a 501(c)3 not-for-profit social services agency that operates four (4) highly-structured, clinically-guided, substance-free homes, in Kane County, Illinois, for thirty-seven (37) adults and homeless veterans suffering from the disease of mental health and/or chronic substance use disorders. Hope for Tomorrow's program goals are to reduce homelessness and substance abuse, prevent relapse, identify and treat mental illness, and aid reintegration into society. Our treatment approach encompasses not only the symptoms of the disease (active addiction) but, more importantly, it addresses root causes such as trauma, shame, abandonment, loneliness, emptiness and sexual abuse. Hope for Tomorrow’s belief is that in order to fully recover from a hopeless state of mind and soul individuals must “Build their lives around recovery instead of building recovery around their lives”®.

For the fiscal year ended December 31, 2015, Hope for Tomorrow, Inc.'s program expenses were:

  
salaries 288,589
facilities cost 93,536
rent 90,000
misc. expense 19,990
operations 12,672
contract labor 11,069
professional fees 10,035
insurance expense 5,285
staff development 1,968
donated services 917
Total Program Expenses: $534,061
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Governance

              

Chief Executive : Jeffrey Gilbert, Founding President, & Executive/Clinical Director
Compensation*: 
$120,000

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

Board Size: 5

Paid Staff Size: 4

*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 1% of related contributions. (Related contributions, which totaled $266,101, 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, 2015.

Source of Funds  
program services 357,367
contributions 265,901
in-kind support 200
Total Income $623,468


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Uses of Funds as a % of Total Expenses

Programs: 96%  Fund Raising: Less than 1%  Administrative: 4% 

Total income $623,468
Program expenses $534,061
Fund raising expenses 1,769
Administrative expenses 24,268
Total expenses $560,098
Income in Excess of Expenses 63,370
Beginning net assets 83,308
Ending net assets 146,678
Total liabilities 331,695
Total assets $478,373


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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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