The Hope Institute

EIN: 820827951 501(c)(3) Human Services

Mountain Brook, AL

Total Revenue
$772,412
Total Expenses
$946,281
Total Assets
$678,182
Net Assets
$397,832
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
AL
Principal Officer
Elizabeth Huntley
Phone
2059016323
Tax Period
2023-01-01 to 2023-12-31

The Hope Institute, founded in 2017, is a small nonprofit in the Human Services sector that reported $772K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $946K exceeded revenue, resulting in a 23% operating deficit.

Mission

The Hope Institute is a 501(c)(3) institution which partners with Samford University's Orlean Beeson School of Education to help bring schools in Alabama the best practices for developing good character in students.

Program Service Accomplishments

Program 1
Expenses: $825,257 Revenue: $250,963

The Hope Leadership Academy is The Hope Institute's flagship initiative to partner with schools to develop students into people of character. Available to K-12 schools in Alabama, the Hope Leadership...

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The Hope Leadership Academy is The Hope Institute's flagship initiative to partner with schools to develop students into people of character. Available to K-12 schools in Alabama, the Hope Leadership Academy is designed to inspire transformational change by introducing administrator and educator teams to the process of building a character-focused school culture. This energizing, three-year process lets participants learn from national character education leaders, concentrate on the culture of their school, design character development plans for their school, visit schools with character programs already implemented, and network with other school leaders. This process works for any school in any setting. Through day-long workshops and on-site consulting that helps inform community needs and school demographics, participants apply learned concepts to their school. Because of this, every school involved is implementing new strategies in ways that work for them.

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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 (2023)

Revenue Breakdown

Contributions & Grants $521,423
Program Service Revenue $250,963
Investment Income $26
Other Revenue $0
TOTAL REVENUE $772,412

Expense Breakdown

Grants Paid $0
Salaries & Benefits $400,138
Fundraising Expenses $20,007
Program Expenses $825,257
Other Expenses $546,143
TOTAL EXPENSES $946,281

Year-over-Year Comparison

2023 2022 Change
Revenue $772,412 $892,392 -0.1%
Expenses $946,281 $912,355 +0.0%
Net Income $-173,869 $-19,963 +7.7%
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

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Governance

Voting Members
6
Independent Members
6
Employees
4
Volunteers
N/A

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Drayton Nabers Chairman 5.00
Officer Director
$0 $0 $0
Caroline Novak Board Member 0.50
Director
$0 $0 $0
Cathy Randall Secretary 0.50
Officer Director
$0 $0 $0
Kevin Walsh Board Member 0.50
Director
$0 $0 $0
Pam Smith Board Member 0.50
Director
$0 $0 $0
Lance Black Treasurer 0.50
Officer Director
$0 $0 $0
Rob Burton Board Member 0.50
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 No data No data No data No data
2023 $772,412 $946,281 $678,182 $-173,869
2022 $892,392 $912,355 $606,851 $-19,963
2021 $752,784 $657,459 $613,415 $95,325
2020 $774,844 $503,207 $528,336 $271,637
2019 $467,341 $292,658 $228,486 $174,683
2018 $203,792 $165,271 $50,436 $38,521
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