Baltimore, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOPE IGNITES BALTIMORE INC, founded in 1977, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $954K left a modest 8% surplus.
Boys Hope Girls Hope nurtures and guides motivated young people in need to become well-educated, career-ready men and women for others through its holistic, long-term residential and academy programming. The organization provides direct program support and college scholarships.
Boys Hope Girls Hope of Baltimore (BHGH) nurtures and guides motivated young people in need to become well-educated, career-ready men and women for others. BHGH provides access to quality education...
Boys Hope Girls Hope of Baltimore (BHGH) nurtures and guides motivated young people in need to become well-educated, career-ready men and women for others. BHGH provides access to quality education and an environment conducive to learning. The goal is for our Scholars to go onto post-secondary education. BHGH has two residential houses and can serve up to 16 students per year in these homes. In June of 2023, BHGH opened up an afternoon and summer academy in order to be able to serve more students .The academy started with 8 Scholars and hopes to expanded to 16 by the summer of 2025. BHGH supports our college students throughout their education, both financially and emotionally. Once they graduate from college, BHGH also provides assistance in helping the Collegians find employment in their field.
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 | $1,040,686 | $812,184 | +0.3% |
| Expenses | $953,615 | $810,522 | +0.2% |
| Net Income | $87,071 | $1,662 | +51.4% |
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 |
|---|---|---|---|---|---|---|
| Arlene Hackbarth | Executive Director | 40 |
Director
|
$100,555 | $0 | $100,555 |
| Paige Coressel | Executive Director | 40 |
Director
|
$31,825 | $0 | $31,825 |
| Jaclyn Pavelec | Co Chair | 2 |
Director
|
$0 | $0 | $0 |
| Matthew Schofield | Board Treasurer | 2 |
Director
|
$0 | $0 | $0 |
| Virginia Campbell | Program Committee Chair | 2 |
Director
|
$0 | $0 | $0 |
| Rodney Elliott | Dervelopment | 2 |
Director
|
$0 | $0 | $0 |
| Darryl Farrow | Development | 2 |
Director
|
$0 | $0 | $0 |
| Andrew Hilger | Development | 2 |
Director
|
$0 | $0 | $0 |
| Bryce Legg | Development | 2 |
Director
|
$0 | $0 | $0 |
| Julian Lloyd | Development | 2 |
Director
|
$0 | $0 | $0 |
| Noah Wheeler | Development | 2 |
Director
|
$0 | $0 | $0 |
| Matthew Youssef | Development | 2 |
Director
|
$0 | $0 | $0 |
| Kristi Yowell | Board Secretary | 2 |
Director
|
$0 | $0 | $0 |
| David Robinson | Board Chair | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,040,686 | $953,615 | $1,820,274 | $87,071 |
| 2024 | $812,184 | $810,522 | $1,735,261 | $1,662 |
| 2023 | $763,950 | $856,811 | $1,762,988 | $-92,861 |
| 2022 | $970,416 | $855,476 | $1,858,548 | $114,940 |
| 2021 | $973,120 | $909,973 | $1,864,172 | $63,147 |
Compare HOPE IGNITES BALTIMORE INC with other nonprofits in Maryland and across the country.