HOPE & FUTURE INC

EIN: 463756110 501(c)(3) Education

UNION CITY, NJ

Total Revenue
$16,657
Total Expenses
$27,030
Total Assets
$57,948
Net Assets
$15,994
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NJ
Principal Officer
GIAN PAUL GONZALEZ-ALBERTI
Phone
9738309406
Tax Period
2025-01-01 to 2025-12-31

HOPE & FUTURE INC, founded in 2014, is a micro nonprofit in the Education sector that reported $17K in total revenue in fiscal year 2025. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $27K exceeded revenue, resulting in a 62% operating deficit.

Mission

HOPE+FUTURES MISSION IS TO PROVIDE HEALTH AND WELLNESS PROGRAMS FOR YOUTH TO GIVE THEM HOPE IN THEIR ACADEMIC, SOCIAL AND ECONOMIC FUTURE.

Program Service Accomplishments

Program 1
Expenses: $26,690

HOPE+FUTURE PROGRAMS INCLUDED ATHLETIC TRAINING, MALE LEADERSHIP AND MENTORING CLUBS, FEMALE EMPOWERMENT PROGRAMMING, HEALTH AND NUTRITION EDUCATION, AN INTRAMURAL BASKETBALL LEAGUE, COMMUNITY...

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HOPE+FUTURE PROGRAMS INCLUDED ATHLETIC TRAINING, MALE LEADERSHIP AND MENTORING CLUBS, FEMALE EMPOWERMENT PROGRAMMING, HEALTH AND NUTRITION EDUCATION, AN INTRAMURAL BASKETBALL LEAGUE, COMMUNITY VOLUNTEER TRIPS, AND MOST IMPORTANTLY ASSIGNED ACADEMIC STUDY PERIODS TO ASSIST PERSONAL STUDENT GROWTH. STREET COMMUNITY OUTREACH PROGRAMS BASKETBALL AND SOCCER.

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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 $16,657
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $16,657

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,690
Other Expenses $27,030
TOTAL EXPENSES $27,030

Year-over-Year Comparison

2025 2024 Change
Revenue $16,657 $60,229 -0.7%
Expenses $27,030 $99,788 -0.7%
Net Income $-10,373 $-39,559 -0.7%
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

Financial Distress Indicator

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
7
Independent Members
7
Employees
N/A
Volunteers
15

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV DANIEL CHRISTENSON BOARD MEMEBE 1.00
Director
$0 $0 $0
LORENZO CORREA BOARD TREASU 1.00
Officer Director
$0 $0 $0
GIAN PAUL GONZALEZ-ALBERTI BOARD CHAIR 15.00
Officer Director
$0 $0 $0
SHARONA OBILLOS BOARD SECRET 1.00
Officer Director
$0 $0 $0
DANIEL OCCHIOGROSSO BOARD MEMBER 1.00
Director
$0 $0 $0
DR TIMOTHY PURNELL BOARD MEMBER 1.00
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 $16,657 $27,030 $57,948 $-10,373
2024 $60,229 $99,788 $71,262 $-39,559
2023 $385,808 $428,938 $149,484 $-43,130
2022 $319,477 $263,993 $109,211 $55,484
2022 $319,477 $263,993 $109,211 $55,484
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