Hope & Future Inc is a 501(c)(3) organization based in Union City, New Jersey, registered in 2014, with $60,229 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$60K
▼ 84.4% vs prior year
Education median: $200K
Expenses (FY2024)
$100K
Net assets
$26K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hope & Future Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hope & Future Inc: 3 mo reserves · -66% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hope & Future Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hope & Future Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $65K (FY2018) to $60K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-65.7%
Spent more than it raised in the latest fiscal year.
Total assets
$71K
Total liabilities
$45K
Net assets
$26K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $60,229▼84.4% | $99,788▼76.7% | $26,367▼60.0% | $71,262▼52.3% | 990 |
| 2023 | $385,808▲20.8% | $428,938▲62.5% | $65,926▼39.5% | $149,484▲36.9% | 990 |
| 2022 | $319,477▲140% | $263,993▲107% | $109,056▲104% | $109,211▲104% | 990 |
| 2021 | $133,282▲27.8% | $127,653▲87.2% | $53,572▲11.7% | $53,572▲11.7% | 990EZ |
| 2020 | $104,249▲35.1% | $68,200▼20.1% | $47,943▲303% | $47,943▲303% | 990EZ |
| 2019 | $77,179▲18.3% | $85,361▲53.1% | $11,894▼40.8% | $11,894▼40.8% | 990EZ |
| 2018 | $65,240 | $55,767 | $20,076 | $20,076 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Hope & Future Inc totaling $21K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Youth development | 2022 | $10,000 |
| Network For Good Inc | Unrestricted | 2021 | $5,863 |
| Network For Good Inc | Unrestricted | 2020 | $5,477 |
Explore more
Data for Hope & Future Inc (EIN 46-3756110) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.