HOPE FOR THE DAY

EIN: 452477331 501(c)(3) Mental Health

CHICAGO, IL

Total Revenue
$890,528
Total Expenses
$1,189,683
Total Assets
$636,037
Net Assets
$460,582
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
IL
Principal Officer
BENJAMIN KOHN
Phone
3129405110
Tax Period
2024-01-01 to 2024-12-31

HOPE FOR THE DAY, founded in 2011, is a small nonprofit in the Mental Health sector that reported $891K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 34% operating deficit.

Mission

HOPE FOR THE DAY (H.F.T.D.) IS A NON-PROFIT MOVEMENT EMPOWERING THE CONVERSATION ON PROACTICE SUICIDE PREVENTION AND MENTAL HEALTH EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $909,094 Revenue: $39,076

THROUGH OUTREACH AND MENTAL HEALTH EDUCATION, WE STRIVE TO EMPOWER EARLY INTERVENTION ON MENTAL HEALTH CHALLENGES AND DISRUPT THE HIGHEST RISK FACTORS FOR SUICIDE.OUR WORK HAS REPRESENTED IN ALL 50...

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THROUGH OUTREACH AND MENTAL HEALTH EDUCATION, WE STRIVE TO EMPOWER EARLY INTERVENTION ON MENTAL HEALTH CHALLENGES AND DISRUPT THE HIGHEST RISK FACTORS FOR SUICIDE.OUR WORK HAS REPRESENTED IN ALL 50 STATES, 26 COUNTRIES, AND 17 DIFFERENT LANGUAGES! THANKS TO OUR TEAM OF PASSIONATELY DEDICATED STAFF AND VOLUNTEERS COMMITTED TO STARTING THE CONVERSATION, RAISING THE VISIBILITY OF RESOURCES, AND EDUCATING WHY IT'S OK TO NOT BE OK.

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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 $782,465
Program Service Revenue $39,076
Investment Income $0
Other Revenue $68,987
TOTAL REVENUE $890,528

Expense Breakdown

Grants Paid $0
Salaries & Benefits $936,566
Fundraising Expenses $124,984
Program Expenses $909,094
Other Expenses $253,117
TOTAL EXPENSES $1,189,683

Year-over-Year Comparison

2024 2023 Change
Revenue $890,528 $1,425,643 -0.4%
Expenses $1,189,683 $1,353,597 -0.1%
Net Income $-299,155 $72,046 -5.2%
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
6
Independent Members
6
Employees
18
Volunteers
250

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
1
$105,000
Total Directors
6
$105,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN KOHN Executive Dir. 40.00
Officer Director
$105,000 $0 $105,000
MARGARET KOLLKER Director 2.00
Director
$0 $0 $0
AUDRA DUREN Director 2.00
Director
$0 $0 $0
ALANA ATCHINSON Director 2.00
Director
$0 $0 $0
PETER MYEROFF Director 2.00
Director
$0 $0 $0
VINCENT DESANTIAGO 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
2024 $890,528 $1,189,683 $636,037 $-299,155
2023 $1,425,643 $1,353,597 $782,070 $72,046
2022 $762,473 $1,049,315 $930,397 $-286,842
2021 $889,880 $1,114,022 $1,202,940 $-224,142
2020 $1,226,479 $721,029 $1,418,271 $505,450
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