HOPEWORKS 'N CAMDEN INC

EIN: 311660671 501(c)(3) Education

CAMDEN, NJ

Total Revenue
$11,196,026
Total Expenses
$9,008,440
Total Assets
$16,714,892
Net Assets
$7,771,115
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NJ
Principal Officer
DAN RHOTON
Phone
8563654673
Tax Period
2024-07-01 to 2025-06-30

HOPEWORKS 'N CAMDEN INC, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $11.2M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 20% operating margin.

Mission

HOPEWORKS FOCUSES ON EDUCATION TECHNOLOGY AND ENTREPRENEURSHIP TO PROVIDE A POSITIVE, HEALING ATMOSPHERE THAT PROPELS YOUNG PEOPLE TO BUILD STRONG FUTURES AND BREAK THE CYCLE OF VIOLENCE AND POVERTY IN CAMDEN, NEW JERSEY AND PHILADELPHIA, PA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,443,116
Program Service Revenue $716,238
Investment Income $909,280
Other Revenue $127,392
TOTAL REVENUE $11,196,026

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,915,220
Fundraising Expenses $693,867
Program Expenses $7,709,479
Other Expenses $2,093,220
TOTAL EXPENSES $9,008,440

Year-over-Year Comparison

2024 2023 Change
Revenue $11,196,026 $8,322,908 +0.3%
Expenses $9,008,440 $8,095,027 +0.1%
Net Income $2,187,586 $227,881 +8.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
47
Volunteers
456

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
$212,695
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN RHOTON EXECUTIVE DI 40.00
Officer
$200,000 $12,695 $212,695
ALICE FEI BOARD MEMBER 5.00
Director
$0 $0 $0
LISA FOLKS BOARD MEMBER 5.00
Director
$0 $0 $0
ASHOK MADHAVAN TREASURER 5.00
Officer Director
$0 $0 $0
RICK MYERS BOARD MEMBER 5.00
Director
$0 $0 $0
DAN RHYNHART BOARD MEMBER 5.00
Director
$0 $0 $0
LOU RODRIGUEZ BOARD MEMBER 5.00
Director
$0 $0 $0
DEIRDRE RUTTLE BOARD MEMBER 5.00
Director
$0 $0 $0
MARK SARVARY PRESIDENT 5.00
Officer Director
$0 $0 $0
WILLEM SCHRIEKS BOARD MEMBER 5.00
Director
$0 $0 $0
DON SHIELDS BOARD MEMBER 5.00
Director
$0 $0 $0
MELISSA SMITH VICE-PRESIDE 5.00
Officer 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 $11,196,026 $9,008,440 $16,714,892 $2,187,586
2024 $8,322,908 $8,095,027 $13,596,512 $227,881
2023 $6,652,989 $6,005,405 $7,777,234 $647,584
2022 $4,728,414 $5,089,118 $5,551,840 $-360,704
2021 $4,521,455 $3,547,271 $6,548,434 $974,184
2020 $2,986,334 $2,949,229 $5,394,711 $37,105
2019 $2,745,464 $2,691,613 $4,941,263 $53,851
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