Mission
The mission of New Foundation of Hope is to provide a safe alternative for youth between the ages of 7-18 years while bridging the gap between the end of the school day and the end of the work for parents.
Public Charity
New Foundation of Hope
Based in Chicago, IL, New Foundation of Hope operates as a Public Charity. The organization reported $749K in revenue, $751K in expenses, $19K in total assets for fiscal year 2023. Imperigo tracks 25 reported grant relationships connected to this organization totaling approximately $769K.
EIN: 260056052
Chicago, IL
Youth Centers & Clubs
NTEE: O20
Latest filing: 2023
Total Revenue$749K
Total Expenses$751K
Total Assets$19K
Grant Records25
Funding Total$769K
Filing Years2021–2023
Where $100 goes at New Foundation of Hope
How New Foundation of Hope divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$86
Programs
the work itself
$9
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $86 for programs
$86
After school and summer educational enrichment programs include mentoring and compuet skills
Source: Form 990 filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$78,150
HUMAN SERVICES
$62,500
UNRESTRICTED GENERAL SUPPORT
$45,000
General support for programs, operations and other charitable purposes
$39,050
FOR RECIPIENT'S EXEMPT PURPOSE
$7,000
Showing up to 5 of 25 total records — full history available with membership.
Officers & Directors
Asst. Dircector
De One Johnson
Exec Director
Ron Mason
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $749K | $751K | $19K |
| 2022 | $791K | $779K | $20K |
| 2021 | $433K | $425K | $8K |
Between 2021 and 2023, reported annual revenue grew from $433K to $749K (+73%), with total assets most recently reported at $19K.
Interactive year-over-year charts and full filing details available with membership.