HOPE CHICAGO INC

EIN: 862828908 501(c)(3)

CHICAGO, IL

Total Revenue
$18,696,849
Total Expenses
$20,294,484
Total Assets
$27,207,026
Net Assets
$25,042,558
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
IL
Principal Officer
AARON KUECKER
Phone
3124773710
Tax Period
2024-07-01 to 2025-06-30

HOPE CHICAGO INC, founded in 2021, is a mid-sized nonprofit that reported $18.7M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum.

Mission

ELIMINATE BARRIERS TO EDUCATIONAL & ECONOMIC EQUITY THROUGH ACCESS TO DEBT-FREE COLLEGE

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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 $16,785,789
Program Service Revenue $0
Investment Income $272,552
Other Revenue $1,638,508
TOTAL REVENUE $18,696,849

Expense Breakdown

Grants Paid $13,738,504
Salaries & Benefits $4,424,536
Fundraising Expenses $2,233,946
Program Expenses $16,765,847
Other Expenses $2,131,444
TOTAL EXPENSES $20,294,484

Year-over-Year Comparison

2024 2023 Change
Revenue $18,696,849 $12,870,908 +0.5%
Expenses $20,294,484 $17,506,636 +0.2%
Net Income $-1,597,635 $-4,635,728 -0.7%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
29
Independent Members
29
Employees
36
Volunteers
225

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
6
$480,000
Total Directors
31
$199,000
Key Employees
2
$471,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAMERON HARDAMON CHIEF IMPACT OFFICER 45.00
Director
$199,000 $0 $199,000
PETE KADENS BOARD CHAIR 10.00
Officer Director
$0 $0 $0
TED KOENIG BOARD CHAIR 5.00
Officer Director
$0 $0 $0
JULIE HOFFMANN SECRETARY 5.00
Officer Director
$0 $0 $0
JOYCE JOHNSON-MILLER TREASURER 5.00
Officer Director
$0 $0 $0
CONSTANCE JONES VICE CHAIR 5.00
Officer Director
$0 $0 $0
DORRI MCWHORTER DIRECTOR 5.00
Director
$0 $0 $0
JULIAN POSADA DIRECTOR 5.00
Director
$0 $0 $0
JONATHAN REINSDORF DIRECTOR UNTIL 6/30/24 5.00
Director
$0 $0 $0
ERIC A REEVES DIRECTOR 5.00
Director
$0 $0 $0
JOHN JONES DIRECTOR 5.00
Director
$0 $0 $0
ADOLFO HERNANDEZ DIRECTOR UNTIL 6/30/24 5.00
Director
$0 $0 $0
LYNN JERATH DIRECTOR 5.00
Director
$0 $0 $0
SCOTT KAPP DIRECTOR 5.00
Director
$0 $0 $0
MELVIN RODRIGUEZ DIRECTOR 5.00
Director
$0 $0 $0
LEE ROSENBERG DIRECTOR 5.00
Director
$0 $0 $0
EILEEN BUCKLEY DIRECTOR 5.00
Director
$0 $0 $0
MAX DEZARA DIRECTOR 5.00
Director
$0 $0 $0
AARON FRIEDMAN DIRECTOR 5.00
Director
$0 $0 $0
ROBERT JONES DIRECTOR 5.00
Director
$0 $0 $0
STEPHANIE MORIMOTO DIRECTOR 5.00
Director
$0 $0 $0
YOLANDA WHITE DIRECTOR 5.00
Director
$0 $0 $0
LESLIE ANDERSON-RUTLAND DIRECTOR 5.00
Director
$0 $0 $0
TONY EMERSON-ZETINA DIRECTOR 5.00
Director
$0 $0 $0
JONATHAN SKINNER DIRECTOR 5.00
Director
$0 $0 $0
CARDELLE SPANGLER DIRECTOR 5.00
Director
$0 $0 $0
PETER MARTINEZ DIRECTOR 5.00
Director
$0 $0 $0
MARTY OZINGA DIRECTOR 5.00
Director
$0 $0 $0
CARLIN ADRIANOPLI DIRECTOR 5.00
Director
$0 $0 $0
SHERRY ETTLESON DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL GONDA DIRECTOR 5.00
Director
$0 $0 $0
JANICE K JACKSON ED D CEO 50.00
Officer
$480,000 $0 $480,000
MATTHEW LYONS CFO/COO 45.00
Key Emp
$275,000 $0 $275,000
MICHELE HOWARD CHIEF PROGRAM OFFICER 45.00
Key Emp
$196,000 $0 $196,000
JENNIFER CAROL BELL CHIEF DEVELOPMENT OFFICER 45.00
Highest
$285,000 $0 $285,000
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 $18,696,849 $20,294,484 $27,207,026 $-1,597,635
2024 $12,870,908 $17,506,636 $28,128,105 $-4,635,728
2023 $10,716,166 $12,033,530 $31,322,044 $-1,317,364
2022 $25,597,442 $3,747,347 $32,142,541 $21,850,095
2021 $10,363,221 $215,974 $10,218,505 $10,147,247
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