Hope Street Group

EIN: 450497577 501(c)(3) Human Services

Burr Ridge, IL

Total Revenue
$1,668,559
Total Expenses
$1,192,605
Total Assets
$1,455,109
Net Assets
$1,446,133
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CA
Principal Officer
Allen Blue
Phone
6307890200
Tax Period
2022-07-01 to 2023-06-30

Hope Street Group, founded in 2003, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2022. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $476K, a strong 29% operating margin.

Mission

HOPE STREET GROUP IS A NATIONAL NONPROFIT, NONPARTISAN ORGANIZATION DEDICATED TO EXPANDING ECONOMIC OPPORTUNITY AND PROSPERITY FOR ALL AMERICANS

Program Service Accomplishments

Program 1
Expenses: $498,941 Revenue: $910,411

IN 2003, ON SOUTH HOPE STREET IN LOS ANGELES, CA, A GROUP OF YOUNG ENTREPRENEURS, BUSINESS, AND TECHNOLOGY PROFESSIONALS CONCERNED WITH INDIVIDUAL AND NATIONAL ECONOMIC OPPORTUNITY IN THE U.S. FORMED...

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IN 2003, ON SOUTH HOPE STREET IN LOS ANGELES, CA, A GROUP OF YOUNG ENTREPRENEURS, BUSINESS, AND TECHNOLOGY PROFESSIONALS CONCERNED WITH INDIVIDUAL AND NATIONAL ECONOMIC OPPORTUNITY IN THE U.S. FORMED HOPE STREET GROUP. THIS GROUP BELIEVED THAT BY INFUSING DIVERSE UNDERSTANDING AND EXPERTISE INTO ECONOMIC CHALLENGES, WE COULD DRAMATICALLY IMPROVE ACCESS TO OPPORTUNITY. SINCE OUR FOUNDING, WE HAVE WORKED DILIGENTLY TO APPLY THIS MODEL AND INCORPORATE THE APPLICATION OF INNOVATION AND TECHNOLOGY TO THE EDUCATION SECTOR. OUR IMPACT OUR WORK HAS IMPACTED EDUCATION POLICY AND TEACHER PRACTICE.

Program 2
Expenses: $339,508 Revenue: $7,593

WE HAVE LAUNCHED OUR SYNC OUR SIGNALS SOS INITIATIVE WORKING TO RE-ENGINEER THE JOBS MARKETPLACE BY 1 FACILITATING EMPLOYER TRANSITIONS TO COMPETENCY-BASED SOURCING, SELECTION, AND HIRING PRACTICES...

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WE HAVE LAUNCHED OUR SYNC OUR SIGNALS SOS INITIATIVE WORKING TO RE-ENGINEER THE JOBS MARKETPLACE BY 1 FACILITATING EMPLOYER TRANSITIONS TO COMPETENCY-BASED SOURCING, SELECTION, AND HIRING PRACTICES AND 2 SIGNALING TO THE LEARNING COMMUNITY WHAT THOSE COMPETENCIES ARE AND HOW TO SUPPLY THEM TO INDIVIDUALS AND 3 EMPOWERING INDIVIDUALS, THROUGH INFORMED LEARNING, WITH BETTER ACCESS TO TOOLS AND INNOVATION. TO ADVANCE THIS MISSION, HOPE STREET GROUP IS SERVING AS THE BACKBONE ORGANIZATION OF AN INTEGRATED APPROACH INVOLVING MULTIPLE ENTITIES ACROSS THE COMPONENTS OF DEMAND, SUPPLY, AND THE MARKETPLACE. IN ADDITION, HOPE STREET GROUP IS WORKING WITH FOUNDATIONS AND PARTNERS TO BUILD COMMUNITIES OF PRACTICE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,660,872
Program Service Revenue $7,631
Investment Income $56
Other Revenue $0
TOTAL REVENUE $1,668,559

Expense Breakdown

Grants Paid $0
Salaries & Benefits $545,909
Fundraising Expenses $0
Program Expenses $838,449
Other Expenses $646,696
TOTAL EXPENSES $1,192,605

Year-over-Year Comparison

2022 2021 Change
Revenue $1,668,559 $766,336 +1.2%
Expenses $1,192,605 $829,706 +0.4%
Net Income $475,954 $-63,370 -8.5%
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
9
Independent Members
8
Employees
4
Volunteers
25

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
3
$151,294
Total Directors
10
$248,106
Key Employees
2
$248,106
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID MA PRESIDENT CEO 060.00
Officer Director Key Emp Highest
$147,765 $3,529 $151,294
TABITHA PACHECO UTAH TEACHER FELLOWS 040.00
Director Key Emp
$94,333 $2,479 $96,812
KAREN ALDEN DIRECTOR 001.00
Director
$0 $0 $0
ALLEN BLUE CHAIRMAN 001.00
Officer Director
$0 $0 $0
BYRON AUGUSTE DIRECTOR 001.00
Director
$0 $0 $0
DAVID JAVDAN DIRECTOR 001.00
Director
$0 $0 $0
MONIQUE NADEAU DIRECTOR 001.00
Director
$0 $0 $0
ANTHONY MILLER DIRECTOR 001.00
Director
$0 $0 $0
SEAN GREENE DIRECTOR 001.00
Director
$0 $0 $0
TED MEISEL VICE CHAIRMAN 001.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,668,559 $1,192,605 $1,455,109 $475,954
2022 $766,335 $806,251 $998,929 $-39,916
2022 $766,336 $829,706 $997,776 $-63,370
2021 $771,326 $1,147,729 $1,365,357 $-376,403
2021 $754,079 $1,147,730 $1,348,109 $-393,651
2020 $1,222,144 $627,446 $1,588,905 $594,698
2019 $2,553,415 $3,193,770 $759,937 $-640,355
2019 $2,553,415 $3,193,770 $759,937 $-640,355
2018 $3,593,892 $4,950,727 $1,406,235 $-1,356,835
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