HOPE Inc Helping Other People be Empowered

EIN: 271370074 501(c)(3) Education

Duluth, GA

Total Revenue
$669,038
Total Expenses
$760,385
Total Assets
$314,285
Net Assets
$184,411
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
GA
Principal Officer
Kenita Smith
Phone
6786956688
Tax Period
2025-01-01 to 2025-12-31

HOPE Inc Helping Other People be Empowered, founded in 2009, is a small nonprofit in the Education sector that reported $669K in total revenue in fiscal year 2025. Expenses of $760K exceeded revenue, resulting in a 14% operating deficit.

Mission

HOPE, Inc. (a 501(c)(3) tax-exempt organization) offers comprehensive services that support low-income single parents pursuing a college degree. HOPE's mission is to serve single parents working to obtain an associate or bachelor's degree by providing housing assistance, childcare support, social services, and financial empowerment.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $615,799
Program Service Revenue $0
Investment Income $2,828
Other Revenue $50,411
TOTAL REVENUE $669,038

Expense Breakdown

Grants Paid $1,003
Salaries & Benefits $260,412
Fundraising Expenses $86,178
Program Expenses $606,124
Other Expenses $498,970
TOTAL EXPENSES $760,385

Year-over-Year Comparison

2025 2024 Change
Revenue $669,038 $624,100 +0.1%
Expenses $760,385 $497,715 +0.5%
Net Income $-91,347 $126,385 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
3
Volunteers
36

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$114,699
Total Directors
7
$114,699
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenita Smith President/CEO 40
Officer Director
$114,699 $0 $114,699
Steve Dowdley Board Chair 0
Officer Director
$0 $0 $0
Lisa White Board Secretary 0
Officer Director
$0 $0 $0
Wassia Kamon Treasurer 0
Officer Director
$0 $0 $0
Ann Leal Member at large 0
Director
$0 $0 $0
Cynthia Hayes Member at large 0
Director
$0 $0 $0
Asher Jones Member at large (served through Sept. 2025) 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $669,038 $760,385 $314,285 $-91,347
2024 $624,100 $497,715 $409,224 $126,385
2023 $538,307 $479,811 $285,707 $58,496
2022 $450,078 $479,785 $219,838 $-29,707
2021 $478,403 $375,115 $245,220 $103,288
2020 $263,703 $268,391 $140,046 $-4,688
2019 $190,002 $214,423 $26,974 $-24,421
2018 $149,088 $129,185 $44,214 $19,903
2017 $113,116 $108,145 $29,714 $4,971
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