HOPEFUL JOURNEYS EDUCATIONAL CENTER INC

EIN: 800457637 501(c)(3) Education

BEVERLY, MA

Total Revenue
$17,466,729
Total Expenses
$14,863,180
Total Assets
$28,186,226
Net Assets
$18,184,135
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MA
Principal Officer
JILL LARSEN
Phone
9789938096
Tax Period
2024-07-01 to 2025-06-30

HOPEFUL JOURNEYS EDUCATIONAL CENTER INC, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $17.5M in total revenue in fiscal year 2024. Expenses of $14.9M left a modest 15% surplus.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE QUALITY AND INDIVIDUALIZED EDUCATION TO CHILDREN WITH AUTISM SPECTRUM DISORDERS AND OTHER DEVELOPMENTAL DISABILITIES. THE ORGANIZATION STRIVES TO BUILD BETTER FUTURES FOR THE CHILDREN AND FAMILIES BY HELPING THEM REACH THEIR FULLEST POTENTIAL AND ENABLING THEM TO LIVE MORE PRODUCTIVE AND INDEPENDENT LIVES.

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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 $23,276
Program Service Revenue $16,173,526
Investment Income $1,269,428
Other Revenue $499
TOTAL REVENUE $17,466,729

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,283,383
Fundraising Expenses $0
Program Expenses $13,514,414
Other Expenses $1,579,797
TOTAL EXPENSES $14,863,180

Year-over-Year Comparison

2024 2023 Change
Revenue $17,466,729 $17,177,421 +0.0%
Expenses $14,863,180 $14,460,732 +0.0%
Net Income $2,603,549 $2,716,689 0.0%
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
7
Independent Members
4
Employees
168
Volunteers
5

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
4
$814,934
Total Directors
7
$523,154
Key Employees
3
$510,334
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL LARSEN PRESIDENT/CEO/DIRECTOR 40.00
Officer Director
$419,512 $18,910 $438,422
MELISSA ANGELL SECRETARY/DIRECTOR 0.10
Officer Director
$0 $0 $0
RICHARD LARSEN TREASURER/CFO/DIRECTOR 8.00
Officer Director
$53,325 $31,407 $84,732
GREGORY GAGNE DIRECTOR 0.10
Director
$0 $0 $0
JAY COBAK DIRECTOR 0.10
Director
$0 $0 $0
MALCOLM PATTERSON DIRECTOR 0.10
Director
$0 $0 $0
HEATHER CAPALBO DIRECTOR 0.10
Director
$0 $0 $0
DARA PEARSOL EXECUTIVE DIRECTOR 40.00
Officer
$272,876 $18,904 $291,780
MARK SILBERMAN CLINICAL DIRECTOR 40.00
Key Emp
$162,040 $12,044 $174,084
SARAH KNIGHT EDUCATIONAL DIRECTOR 40.00
Key Emp
$158,028 $8,366 $166,394
ROXANNE NEALON HR/OPERATIONS DIRECTOR 40.00
Key Emp
$158,923 $10,933 $169,856
JAYLA BRENNEN PROGRAM MANAGER 40.00
Highest
$117,929 $10,505 $128,434
ELIZABETH KIRBY TRAINING MANAGER 40.00
Highest
$122,956 $161 $123,117
CALEB DAVIS PROGRAM MANAGER 40.00
Highest
$119,322 $16,148 $135,470
JESSICA ALVERSON ASSISTANT CLINICAL DIRECTOR 40.00
Highest
$124,449 $14,810 $139,259
ELIZABETH FERNANDEZ FINANCE MANAGER 40.00
Highest
$121,274 $11,249 $132,523
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 $17,466,729 $14,863,180 $28,186,226 $2,603,549
2024 $17,177,421 $14,460,732 $25,907,054 $2,716,689
2023 $16,536,309 $14,942,116 $23,627,860 $1,594,193
2022 $15,926,723 $13,643,461 $13,756,334 $2,283,262
2021 $14,637,761 $11,834,549 $11,855,184 $2,803,212
2020 $13,524,173 $11,495,877 $8,056,547 $2,028,296
2019 $12,365,518 $10,859,341 $5,639,931 $1,506,177
2018 $10,815,930 $9,498,256 $4,186,238 $1,317,674
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