Hope Toledo Services

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 852049351 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

Overview

What is Hope Toledo Services?

Hope Toledo Services is a distinguished nonprofit organization situated in Toledo, Ohio. Their primary focus is on empowering students and families by providing financial assistance for post-secondary opportunities. The Hope Toledo Promise program is unique, offering comprehensive scholarships that cover tuition, accommodation, books, and other related fees. Piloted at Jesup W. Scott High School, this initiative currently supports over 200 scholars from various cohorts, attending multiple institutions across Ohio. As per research conducted by Northwestern University, the enrollment rate for post-secondary education has seen a significant increase of 70%, with persistence rates above 54% for their first two cohorts (43% for Cohort 1 and 69% for Cohort 2). The program has already produced seven graduates since its inception three years ago, with more anticipated to follow. Hope Toledo Services' mission is to promote and ensure high-quality education, extending from preschool to post-secondary and trade schools. By doing so, they aim to spark generational economic change, ultimately benefiting families and the community as a whole. With a dedicated workforce of seven individuals, the organization remains committed to their mission of supporting education from cradle to career.


Official website here: www.hope-toledo.org

Is Hope Toledo Services legitimate?

Hope Toledo Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Toledo Services submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $117,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $284,678

For more financial information, click here


Official website here: www.hope-toledo.org

What is the mission statement of Hope Toledo Services?

Hope Toledo Services' mission is centered around supporting and ensuring high-quality education for young individuals, ranging from preschool to post-secondary and trade school. Their goal is to foster generational economic change within communities, ultimately improving the lives of families. They employ a unique two-generation approach, called Hope Toledo Promise, which provides financial support for students pursuing post-secondary opportunities, including tuition, accommodation, books, and fees. This program, currently active at Jesup W. Scott High School, has seen a significant increase in post-secondary enrollment rates and persistence rates among its scholars. As of now, over 200 students from three cohorts are attending various institutions across Ohio, with seven graduates since its inception three years ago. The program is expected to see more graduates in the future.


Official website here: www.hope-toledo.org

Who is the CEO of Hope Toledo Services?

John C Jones is the Chairperson of Hope Toledo Services. The CEO's salary of Hope Toledo Services is $112,191 and their total compensation is $117,128.


Official website here: www.hope-toledo.org

What is the revenue of Hope Toledo Services?

Hope Toledo Services's revenue in 2022 was $2,411,584.


Official website here: www.hope-toledo.org

Who are the executives of Hope Toledo Services and what are their salaries?

The average compensation at Hope Toledo Services during 2022 was $57,401. There are 7 employees and 28 volunteers at Hope Toledo Services.

Here are 12 key members and their salaries (Hope Toledo Services's CEO's salary is $112,191 and their total compensation is $117,128):

    John C Jones (President And Ceo)
  • Compensation: $112,191
  • Related: $0
  • Other: $4,937

    • Wendi Huntley (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joaquin Cintron Vega (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wade Kapszukiewicz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Burwell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Pestrue (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bishop Edward Cook (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Oostra (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Hoffmann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Russell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Romules Durant (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Kadee Anstadt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hope-toledo.org

    Where can I find the form 990 for Hope Toledo Services?

    The Hope Toledo Services’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hope-toledo.org

    Learn more at the official website: www.hope-toledo.org

    Mission Statement of Hope Toledo Services

    Hope Toledo Services, a nonprofit organization, is committed to supporting and ensuring high-quality education for young people in the city of Toledo. Their mission is to provide educational opportunities, from preschool to postsecondary and trade school, with the goal of generating economic change for families and the community.

    The organization's approach is unique, focusing on both students and their families as they pursue postsecondary opportunities. This two-generation approach, known as the Hope Toledo Promise, offers scholarships that cover tuition, room and board, books, and fees for students participating in the program. The program is currently being piloted at Jesup W. Scott High School and has over 200 student scholars from three cohorts attending more than 20 institutions throughout Ohio.

    Two studies conducted by Northwestern have shown promising results. The postsecondary enrollment rate has increased by 70%, and the persistence rate among the first two cohorts is above 54% (with 43% for the first cohort and 69% for the second). Three years after its inception, the program has already seen seven graduates, with more expected in the near future.

    In essence, Hope Toledo Services is working to provide accessible and sustainable educational opportunities for young people in Toledo, aiming to break the cycle of generational poverty and foster economic growth within their community.

    Impact

    This information is meant to be a general summary of Hope Toledo Services. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Hope Toledo Services is making a significant impact by providing a novel two-generation approach to supporting students and families in pursuing postsecondary opportunities. The Hope Toledo Promise program is the first fully funded two-generation scholarship program of its kind, offering tuition, room, board, books, and fees to student scholars. The program, currently piloted at Jesup W. Scott High School, has seen over 200 student scholars from three cohorts attending more than 20 institutions throughout Ohio.

    Studies conducted by Northwestern have shown a 70% increase in postsecondary enrollment rates and a persistence rate of over 54% among the first two cohorts. With seven graduates since the program's inception three years ago, Hope Toledo Services is on track to create generational economic change for the betterment of families and the community in Toledo.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Program Service Revenue: $15,000
  • Gross Receipts: $2,411,584

    • Assets and Liabilities:
  • Total Assets: $1,721,990
  • Total Liabilities: $1,557,113
  • Net Assets: $164,877
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SHARED SERVICES

    Revenue

    $15,000

    Organization Details

    Founding Year

    2019

    Principal Officer

    John C Jones

    Main Address

    300 MADISON AVE SUITE 1400A, TOLEDO, OH, 43604

    NTEE Category

    Code: B90 - Education

    If you are a representative of Hope Toledo Services and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.