SOUTHSIDE CENTER OF HOPE

EIN: 363332673 501(c)(3)

CHICAGO, IL

Total Revenue
$511,053
Total Expenses
$416,647
Total Assets
$457,583
Net Assets
$434,418
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
IL
Principal Officer
Kevin Waklatsi
Phone
7736435843
Tax Period
2023-06-01 to 2024-05-31

SOUTHSIDE CENTER OF HOPE, founded in 1983, is a small nonprofit that reported $511K in total revenue in fiscal year 2023. The organization ran a surplus of $94K, a strong 18% operating margin.

Mission

THE ORGANIZATION CREATES A SAFE, HEALING COMMUNITY WHERE WOMEN AND THEIR CHILDREN RECOVER FROM SUBSTANCE ABUSE, TRAUMA, AND MENTAL ILLNESS.

Program Service Accomplishments

Program 1
Expenses: $181,423 Revenue: $128,000

Case Management - The program expands the network of services available to residents by connecting them with external service providers. Residents are connected to community partners for services...

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Case Management - The program expands the network of services available to residents by connecting them with external service providers. Residents are connected to community partners for services based on their special needs ranging from medical, behavioral health, legal, education, employment, financial and permanent housing.

Program 2
Expenses: $25,709

Shelter - This program offers safe and supportive housing in a 14-bed recovery home for up to 12 months to single women and children who are experiencing homelessness and having recently completed...

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Shelter - This program offers safe and supportive housing in a 14-bed recovery home for up to 12 months to single women and children who are experiencing homelessness and having recently completed residential treatment and detox.

Program 3
Expenses: $13,105

Substance Abuse - The program provides a wide range of addiction treatment and relapse prevention to women in recovery through individual and group counseling. The model caters to the specific needs...

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Substance Abuse - The program provides a wide range of addiction treatment and relapse prevention to women in recovery through individual and group counseling. The model caters to the specific needs of female substance abusers and uses the 12-step program, trauma informed care and evidence-based principles.

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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 (2023)

Revenue Breakdown

Contributions & Grants $364,117
Program Service Revenue $128,000
Investment Income $12,263
Other Revenue $6,673
TOTAL REVENUE $511,053

Expense Breakdown

Grants Paid $0
Salaries & Benefits $251,225
Fundraising Expenses $84,752
Program Expenses $233,120
Other Expenses $165,422
TOTAL EXPENSES $416,647

Year-over-Year Comparison

2023 2022 Change
Revenue $511,053 $499,874 +0.0%
Expenses $416,647 $574,788 -0.3%
Net Income $94,406 $-74,914 -2.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
9
Employees
12
Volunteers
19

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
$105,500
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YAISA HAGOOD Executive Dir. 60.00
Officer
$105,500 $0 $105,500
Kevin Waklatsi President 2.00
Officer Director
$0 $0 $0
Peter Brown Treasurer 2.00
Officer Director
$0 $0 $0
Charles Beavers Secretary 2.00
Officer Director
$0 $0 $0
Nihal Afifi Director 2.00
Director
$0 $0 $0
Nicholas R Berkley-Gough Director 2.00
Director
$0 $0 $0
Sheryl Morris Director 2.00
Director
$0 $0 $0
Johnny Suckers Director 2.00
Director
$0 $0 $0
Brother Tom Collins CFC Director 2.00
Director
$0 $0 $0
Ollie Thomas Director 2.00
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 No data No data No data No data
2024 $511,053 $416,647 $457,583 $94,406
2023 $499,874 $574,788 $342,484 $-74,914
2022 $370,055 $469,597 $428,516 $-99,542
2021 $325,378 $441,348 $561,372 $-115,970
2020 $478,910 $660,693 $792,565 $-181,783
2019 $458,910 $723,239 $875,551 $-264,329
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