HOPE CHICAGO INC

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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

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

HOPE CHICAGO'S MISSION IS TO ELIMINATE BARRIERS TO EDUCATIONAL AND ECONOMIC EQUITY BY PROVIDING ACCESS TO DEBT-FREE POSTSECONDARY EDUCATION TO TENS OF THOUSANDS OF CHICAGO PUBLIC SCHOOL STUDENTS AND THEIR PARENTS, AS WELL AS THE SUPPORT TO COMPLETE THOSE POSTSECONDARY PATHWAYS.

Program Service Accomplishments

Program 1

Expenses: $16,765,847 Revenue: $0

HOPE CHICAGO INC. PROVIDES SCHOLARSHIPS, PARTICIPATION IN COLLEGE PREPARATORY ACTIVITIES, ASSISTANCE WITH FINANCIAL AID APPLICATIONS AND NAVIGATING THE COLLEGE EXPERIENCE, INCLUDING VOCATIONAL...

HOPE CHICAGO INC. PROVIDES SCHOLARSHIPS, PARTICIPATION IN COLLEGE PREPARATORY ACTIVITIES, ASSISTANCE WITH FINANCIAL AID APPLICATIONS AND NAVIGATING THE COLLEGE EXPERIENCE, INCLUDING VOCATIONAL EDUCATION PROGRAMS.

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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%)

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

Governance

Voting Members

Independent Members

Employees

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

$480,000

Total Directors

$199,000

Key Employees

$471,000

Highest Compensated

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