Better Business Bureau Report for
Hope for Tomorrow, Inc.

Better Business Bureau Report issued May 2012
Better Business Bureau Report expires May 2014


Does not meet one or more standards
This charity does not meet one or more of the 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 comprehensively teach individuals with chronic substance use, mental health, and/or pathological gambling disorders how to "build their lives around their recovery instead of building their recovery around their lives"® and reintegrate into society as accountable, responsible, productive, law-abiding, taxpaying, and self-sufficient citizens.

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Evaluation Conclusions

               

Hope for Tomorrow, Inc. does not meet the following Standard for Charity Accountability.

Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

Hope for Tomorrow, Inc. does not meet this Standard because:

  • The board of directors did not hold a minimum of three evenly spaced meetings in the past fiscal year.
Hope for Tomorrow, Inc. meets the remaining 19 Standards for Charity Accountability.
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Programs

               

Safe, structured, supportive, substance-free housing (Recovery Home) to 52 adult men, women, and veterans. Case managment, clinical guidance and counseling, occupational training, family reunification counseling, cognitive behavioral and rational-emotive therapy, relapse prevention, compulsive pathological gambling counseling, and life skills training.

For the fiscal year ended December 31, 2011, Hope for Tomorrow, Inc.'s program expenses were:

  
Program Expenses 568,665
Total Program Expenses: $568,665
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Governance

               

Chief Executive : Jeffrey S. Gilbert, President & CEO
Compensation*: 
 $162,000

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

Board Size: 7

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, internet
Fund raising costs were 6% of related contributions. (Related contributions, which totaled $354,656, 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, 2011.

Source of Funds  
Contributions 354,656
Program Services 182,816
Total Income $537,472


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Uses of Funds as a % of Total Expenses

Programs: 92%  Fund Raising: 3%  Administrative: 5% 

Total income $537,472
Program expenses $568,665
Fund raising expenses 20,138
Administrative expenses 28,253
Total expenses $617,056
Expenses in Excess of Income (79,584)
Beginning net assets 429,796
Ending net assets 350,212
Total liabilities 86,062
Total assets $436,274


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