Operation Hope, Inc.
Operation Hope, Inc.
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About this organization
Mission
Operation HOPE (HOPE) is the leading global provider of financial dignity education and economic empowerment programs for low- or moderate-income youth, individuals and families in underserved communities. HOPE serves three core constituencies as articulated in our five-year Strategic Plan: Youth in underserved schools; low-income adults in underserved communities; and families who have been affected by either natural or man-made disasters. Our Mission is to expand economic opportunity in underserved communities through financial education and career empowerment by offering programs that create financial stakeholders. Our overarching vision is financial inclusion and financial literacy leading to long-term financial dignity for all.
About
Adult HOPE Inside gives clients the resources to improve their financial situations. Through our 700 credit score initiative, we approve clients as soon as they seek assistance, commit to the resolution of primary credit denial factors, and work to raise credit scores on average of 120 points over 18 months of active counseling. Programs offered: Financial Literacy Workshops, Entrepreneurial Training and counseling for Foreclosure Prevention, Money Management, Homeownership, Small Business and Credit. In 2017, there were 126 HOPE Inside locations with an additional 19 locations in progress for 2018.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “Operation hope is a for-purpose organization working to disrupt poverty and empower inclusion for low and moderate-income youth and adults.”.
When referring to its actions, they were outlined as: “Operation hope is a for-purpose organization working to disrupt poverty and empower inclusion for low and moderate-income youth and adults.”.
- The non-profit has complied with legal obligations by reporting their state of operation as CA.
- The non-profit's address in 2020 is noted in the filing as 191 PEACHTREE STREET NE 3840, ATLANTA, GA, 30303.
- The non-profit's form for 2020 reports a total of 235 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,497,808.
- The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has a foreign financial account.
- The organization has 21 independent voting members.
- The organization was formed in 1992.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $11,340,407 in salary, compensation, and benefits to its employees.
- The organization pays $609,455 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.