The Hope Foundation for a Better Tomorrow INC EIN 45-1240685

The Hope Foundation for a Better Tomorrow INC

EIN  45-1240685 Public charity (501(c)(3)) Singer Island, FL Founded 2011
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Helps deserving student athletes with scholarships and support.
Leadership
Kathleen Dicocco · President/Director
Money in and out
$34K revenue, $18K expenses
Bottom line
82% program efficiency

Helps deserving student athletes with scholarships and support. For fiscal year 2025 it reported $34K in revenue, $18K in expenses, and $422K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$34K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$422K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
281.3mo
months of highly liquid reserves at operating expense rate▲ +1% vs prior filing year
Surplus margin
+47%
revenue over expenses, this year▲ +74% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$34K
FY2025▲ +39%
Expenses
$18K
FY2025▲ +2%
Total assets
$422K
FY2025▲ +4%
Total liabilities
$0
FY2025
Total revenue
$34K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$422K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$422K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $15K of program spending, described in the organization's own filed words · FY2025.
01

Coach Frank D.D. DiCocco Memorial Scholarships were initiated in 2013. During 2025, a total of $1,500 in scholarhips were awarded. The REAL Man Program continues utilizing Frank DiCoccos book, Playbook for Manhood: A Game Plan for Being a REAL Man. Copies of the book will be donated to coaches.

$15Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Hope Foundation for a Better Tomorrow INC
EINHdr · item D45-1240685
Principal addressHdr · item CSinger Island, FL
WebsiteHdr · item Jwww.hopefoundation.us
Year of formationHdr · item L2011
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFSep 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Director
$0Pt VII · Sec A
Secretary/Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$32K · 96%
Other revenue$1K · 4%
Investment income$179 · 1%
Contributions & grants96%$32K
Other revenue4%$1K
Investment income1%$179
Total revenueLn 12$34K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$15K
Management & general18%$3K
Total functional expensesLn 25$18K

Balance Sheet

Part X · end of year
CashLn 1$54K
Total assetsLn 16$422K
Total liabilitiesLn 26$0
Total net assetsLn 32$422K
Months of cash on handcomputed35.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $422K · Operating expenses/yr $18K
281.3 months
Where the money goes
Program services
Program services $15K · Total expenses $18K
82%
Management & General
Management & general $3K · Total expenses $18K
18%
Fundraising
Fundraising $0 · Total expenses $18K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $29K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $32K · Total revenue $34K
96%
Government reliance
Government grants — · Total revenue $34K
Earned-income share
Program service revenue $0 · Total revenue $34K
0%
Investment reliance
Investment income $179 · Total revenue $34K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $18K
0%
Growth & trend
Revenue growth (YoY)
This year $34K · Prior year $24K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $131K · FY2025 $34K
-24%
Net-asset trend (YoY)
End of year $422K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $34K · Expenses $18K
+47%
Liabilities-to-Assets
Total liabilities — · Total assets $422K
Net-asset ratio
Net assets $422K · Total assets $422K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $368K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $422K
87%
People & payroll
Highest Reported Total Compensation
Individual Kathleen Dicocco · Reported title PRESIDENT/DIRECTOR · Highest reported compensation $0 · Total expenses $18K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $18K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Revenue growth 39%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$34K revenue · viewing · ⤓ 990 PDF
FY2024$24K revenue · ⤓ 990 PDF
FY2023$37K revenue · ⤓ 990 PDF
FY2022$5K revenue · ⤓ 990 PDF
FY2021$31K revenue · ⤓ 990 PDF
FY2020$131K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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