RADICAL HOPE INC

EIN: 824420567 501(c)(3) Health Care

CONCORD, MA

Total Revenue
$3,876,271
Total Expenses
$2,910,670
Total Assets
$2,558,824
Net Assets
$2,408,805
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MA
Principal Officer
PHILIP MARTIN
Phone
4257608166
Tax Period
2024-01-01 to 2024-12-31

RADICAL HOPE INC, founded in 2018, is a community nonprofit in the Health Care sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 209% from the prior year, signaling strong growth momentum. The organization ran a surplus of $966K, a strong 25% operating margin.

Mission

RADICAL HOPE IS COMMITTED TO IMPROVING THE LIVES AND FUTURES OF YOUNG ADULTS BY STRENGTHENING CONNECTIONS AND BUILDING RESILIENCE. WE IDENTIFY, DEVELOP, FUND AND SCALE EVIDENCE-BASED PROGRAMS THAT INCREASE RESILIENCE IN YOUNG PEOPLE THROUGH OUR CORE PRIORITIES: CONNECTVITY, ENGAGEMENT, EMPOWERMENT, EMOTIONAL REGULATION AND SUSTAINABILITY.

Program Service Accomplishments

Program 1
Expenses: $2,055,887

RADICAL HEALTH: THE SIGNATURE SKILL-BASED WELLNESS PROGRAM EXPERIENCED EXPLOSIVE GROWTH IN 2024, WITH GROWING DEMAND FOR EVIDENCE-BASED, PROVEN PROGRAMS THAT IMPROVE THE MENTAL, PHYSICAL AND...

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RADICAL HEALTH: THE SIGNATURE SKILL-BASED WELLNESS PROGRAM EXPERIENCED EXPLOSIVE GROWTH IN 2024, WITH GROWING DEMAND FOR EVIDENCE-BASED, PROVEN PROGRAMS THAT IMPROVE THE MENTAL, PHYSICAL AND EMOTIONAL HEALTH OF YOUNG ADULTS. RADICAL HEALTH WAS IMPLEMENTED AT OVER 40 COLLEGES, UNIVERSITIES, COMMUNITY ORGANIZATIONS AND FOR PROFESSIONAL ATHLETES AT THE NATIONAL FOOTBALL LEAGUE. RADICAL HOPE FULLY FUNDS ALL COSTS ASSOCIATED WITH RUNNING THE PROGRAM, INCLUDING ORIGINAL CONTENT, PROGRAM TRAINING, TECHNOLOGY PLATFORM, GUIDE STIPENDS, PROGRAM CUSTOMIZATION AND MARKETING MATERIALS. SINCE ITS LAUNCH IN 2020, WE HAVE IMPLEMENTED RADICAL HEALTH AT OVER 65 COLLEGES, UNIVERSITIES, COMMUNITY ORGANIZATIONS AND PROFESSIONAL SPORTS TEAMS. ADDITIONALLY, IN 2024, RADICAL HOPE FORMED A NEW PARTNERSHIP WITH MAJOR LEAGUE BASEBALL TO REACH YOUNG ADULTS IN THE MINOR LEAGUE MARKETS. THROUGH ACTIVATION EVENTS AT LOCAL MINOR LEAGUE BALLPARKS, THE ORGANIZATION RAN RADICAL HEALTH WORKSHOPS AND INTRODUCED TOOLS AND RESOURCES TO THE COMMUNITY. THIS PARTNERSHIP WILL DEEPEN IN 2025 AS MORE TEAMS BRING MENTAL HEALTH RESOURCES TO THEIR ORGANIZATIONS AND LOCAL COMMUNITIES.

Program 2
Expenses: $65,000

SCIENTIFIC ADVISORY: RADICAL HOPE IS COMMITTED TO EVIDENCE-BASED PROGRAMMING AND DATA DRIVEN EFFECTIVENESS FOR ITS INVESTMENTS. WE PROVIDE ROBUST ANNUAL FINANCIAL SUPPORT FOR SCIENTIFIC EXPERTISE TO...

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SCIENTIFIC ADVISORY: RADICAL HOPE IS COMMITTED TO EVIDENCE-BASED PROGRAMMING AND DATA DRIVEN EFFECTIVENESS FOR ITS INVESTMENTS. WE PROVIDE ROBUST ANNUAL FINANCIAL SUPPORT FOR SCIENTIFIC EXPERTISE TO IDENTIFY, INFORM AND ASSESS ALL PROGRAM WORK.

Program 3
Expenses: $128,450

COMMUNICATIONS: IN 2024, RADICAL HOPE LAUNCHED MINDFLEX WITH AARON TAYLOR, A PODCAST THAT DELIVERS TOOLS AND TECHNIQUES TO HELP YOUNG ADULTS BUILD RESILIENCE. THE CONTENT IS BUILT ON THE RADICAL...

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COMMUNICATIONS: IN 2024, RADICAL HOPE LAUNCHED MINDFLEX WITH AARON TAYLOR, A PODCAST THAT DELIVERS TOOLS AND TECHNIQUES TO HELP YOUNG ADULTS BUILD RESILIENCE. THE CONTENT IS BUILT ON THE RADICAL HEALTH PROGRAM MATERIAL AND DELIVERED BY RADICAL HOPE AMBASSADOR AND MENTAL HEALTH ADVOCATE, AARON TAYLOR. THIS INVESTMENT IS A NEW VEHICLE TO REACH RADICAL HOPE'S TARGET AUDIENCE OF YOUNG ADULTS, WITH A PARTICULAR FOCUS ON STUDENT ATHLETES.

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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 $3,857,780
Program Service Revenue $0
Investment Income $0
Other Revenue $18,491
TOTAL REVENUE $3,876,271

Expense Breakdown

Grants Paid $272,350
Salaries & Benefits $1,363,661
Fundraising Expenses $420,220
Program Expenses $2,249,337
Other Expenses $1,274,659
TOTAL EXPENSES $2,910,670

Year-over-Year Comparison

2024 2023 Change
Revenue $3,876,271 $1,254,914 +2.1%
Expenses $2,910,670 $2,606,246 +0.1%
Net Income $965,601 $-1,351,332 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
8
Volunteers
35

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
$472,923
Total Directors
7
$472,923
Key Employees
1
$164,729
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA MARTIN CLERK, DIRECTOR 15.00
Officer Director
$0 $0 $0
PHILIP D MARTIN TREASURER, DIRECTOR 15.00
Officer Director
$0 $0 $0
ELIZABETH FELD PRESIDENT, CEO 40.00
Officer Director
$472,923 $0 $472,923
PAUL BOSSIDY DIRECTOR 15.00
Director
$0 $0 $0
LAWRENCE BOSSIDY DIRECTOR 15.00
Director
$0 $0 $0
KENNETH LANGONE DIRECTOR 15.00
Director
$0 $0 $0
DR GEOFFREY LING DIRECTOR 15.00
Director
$0 $0 $0
KELLY SEAVER SENIOR DIRECTOR OF PROGRAMS & PAR 40.00
Key Emp
$157,924 $6,805 $164,729
MAURA AMBROSE CHIEF DEVELOPMENT OFFICER 40.00
Highest
$143,509 $4,159 $147,668
GEORGIA SUTER DIRECTOR OF COMMUNICATIONS 40.00
Highest
$131,545 $6,734 $138,279
SAMUEL HUNTER DIRECTOR OF PROGRAMS 40.00
Highest
$101,501 $6,805 $108,306
KELLY MACKENZIE DIRECTOR OF PROGRAMS 40.00
Highest
$100,424 $6,805 $107,229
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 No data No data No data No data
2024 $3,876,271 $2,910,670 $2,558,824 $965,601
2023 $1,254,914 $2,606,246 $1,631,745 $-1,351,332
2022 $1,523,922 $2,108,950 $2,961,132 $-585,028
2021 $2,245,709 $2,796,304 $3,514,835 $-550,595
2020 $2,561,806 $2,006,994 $3,990,807 $554,812
2019 $3,098,273 $1,429,880 $3,458,238 $1,668,393
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