SHARON, PA
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Sign In — Free (10 views/day)HOPE CENTER FOR ARTS AND TECHNOLOGY INC, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $824K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 45% operating deficit.
THE ORGANIZATION'S MISSION IS TO DELIVER TRAINING FOR IN-DEMAND CAREERS AND HELP SUPPORT THE PATHWAY TO EMPLOYMENT OPPORTUNITIES TO ENHANCE ECONOMIC DEVELOPMENT IN OUR COMMUNITY. WE COLLABORATE WITH EMPLOYERS AND EDUCATIONAL INSTITUTIONS TO DRIVE SUSTAINABLE ECONOMIC STABILITY, UTILIZING A BLEND OF ADULT TRAINING PROGRAMS AND AFTER SCHOOL YOUTH ARTS MENTORSHIP BY LINKING STUDENTS WITH CAREER PATHWAYS. WE EXIST TO REDUCE OR ELIMINATE THE DEPENDENCE OF PERSONS ON GOVERNMENT OR SUBSIDIZED PROGRAMS BY TEACHING JOB SKILLS, PERSONAL RESPONSIBILITY, RELIABILITY, ATTENDANCE, WORK ETHICS, AND RAISING SELF-ESTEEM AND SELF-RESPECT. ADDITIONALLY, THE ORGANIZATION ENGAGES THE COMMUNITY IN THE PROCESS OF ART MAKING AND ARTISTIC COMMUNICATION AS A WAY TO STIMULATE INTER-CULTURAL UNDERSTANDING, APPRECIATION AND ENHANCEMENT OF THE QUALITY OF LIFE. THE ORGANIZATION EDUCATES AND INSPIRES YOUTH THROUGH THE ARTS ON THEIR WAY TO BECOMING PRODUCTIVE CITIZENS.
THE ORGANIZATION OFFERS ADULT TRAINING PROGRAMS (ATP) DESIGNED TO EQUIP STUDENTS WITH THE SKILLS NECESSARY TO PERFORM JOBS WHICH ARE IN HIGH DEMAND. THE ATPS ALLOW QUALIFIED APPLICANTS TO OBTAIN...
THE ORGANIZATION OFFERS ADULT TRAINING PROGRAMS (ATP) DESIGNED TO EQUIP STUDENTS WITH THE SKILLS NECESSARY TO PERFORM JOBS WHICH ARE IN HIGH DEMAND. THE ATPS ALLOW QUALIFIED APPLICANTS TO OBTAIN IN-DEMAND JOBS AT A LIVABLE WAGE WITH BENEFITS. HISTORICALLY, A LARGE PERCENTAGE OF OUR ADULT STUDENT POPULATION MOVED FROM PUBLIC ASSISTANCE TO EMPLOYMENT. THE INITIAL OFFERING WAS THE MEDICAL ASSISTANT DIPLOMA PROGRAM, PREPARING STUDENTS TO BE PART OF THE EVER-GROWING HEALTH CARE PROFESSION. THE ORGANIZATION SECURED THEIR STATE LICENSE IN DECEMBER 2017 THROUGH THE PENNSYLVANIA DEPARTMENT OF EDUCATION FOR BOTH THE ADULT TRAINING PROGRAMS AS A SCHOOL AND THE MEDICAL ASSISTANT PROGRAM CURRICULUM, AND CLASSES BEGAN IN THE SPRING OF 2018. THE ORGANIZATION GREW THEIR PROGRAM OFFERING TO INCLUDE A PHLEBOTOMY DIPLOMA PROGRAM; THIS BECAME LICENSED IN NOVEMBER 2020 AND THE FIRST CLASS BEGAN IN SEPTEMBER 2021.THE ORGANIZATION CREATES NATURAL MENTORSHIPS AND CAREER PATHWAYS BY PROVIDING FREE AFTER SCHOOL ART CLASSES TO HIGH SCHOOL STUDENTS. THEY OFFER PRINTMAKING, CERAMICS, PAINTING, AND DRAWING. THE YOUTH ARTS PROGRAMS ARE PROVEN TO INCREASE OR MAINTAIN GRADUATION RATES AND BUILD STRONG RELATIONSHIPS WITH PUBLIC SCHOOLS, POSITIVELY IMPACTING STUDENT POPULATIONS. DURING THE FISCAL YEAR, THE AFTER-SCHOOL YOUTH ARTS PROGRAMMING WAS AVAILABLE TO STUDENTS IN ALL REGIONAL SCHOOL DISTRICTS, INCLUDING BUT NOT LIMITED TO PUBLIC SCHOOLS, PRIVATE SCHOOLS, HOME-SCHOOL, OR CYBER SCHOOLS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $824,389 | $636,340 | +0.3% |
| Expenses | $1,197,398 | $1,114,504 | +0.1% |
| Net Income | $-373,009 | $-478,164 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| AMY ATKINSON | BOARD CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAREN WINNER-SED | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CONSTANCE NICHOLS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AARON PERNESKY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL PERRINE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LORA ADAMS-KING | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN FRANK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL WALTON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC KARMECY | BPARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL O'BRIEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID GEORGE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LORIE HINES | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$120,286 | $9,137 | $129,423 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $824,389 | $1,197,398 | $3,949,453 | $-373,009 |
| 2024 | $636,340 | $1,114,504 | $4,417,452 | $-478,164 |
| 2023 | $830,638 | $986,329 | $4,845,153 | $-155,691 |
| 2022 | $773,872 | $843,179 | $5,008,910 | $-69,307 |
| 2021 | $900,886 | $817,141 | $5,114,220 | $83,745 |
| 2020 | $790,525 | $923,985 | $5,059,637 | $-133,460 |
| 2019 | $2,212,759 | $870,891 | $7,194,526 | $1,341,868 |
| 2018 | $1,048,002 | $789,047 | $5,999,697 | $258,955 |
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