Hope & Future INC EIN 46-3756110

Hope & Future INC

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Offers health and wellness programs to empower youth for brighter academic, social, and economic futures. For fiscal year 2025 it reported $17K in revenue, $27K in expenses, and $16K in net assets.Pt I

Founded
2014
Type
Public charity (501(c)(3)) · Education
Location
Union City, NJ
Website
www.hope-future.us
Filings
6 on file (2020–2025)
Revenue
$17KFY2025
Expenses
$27K
Net assets
$16K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-3756110 Public charity (501(c)(3)) Union City, NJ Founded 2014
Form 990 (PDF)
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Size
<$100K
What they do
Offers health and wellness programs to empower youth for brighter academic, social, and economic futures.
Leadership
Rev Daniel Christenson · Board Memebe
Money in and out
$17K revenue, $27K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$17K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$16K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$10K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +13% vs prior filing year
Operating runway
16.5mo
months of highly liquid reserves at operating expense rate▲ +224% vs prior filing year
Surplus margin
-62%
revenue over expenses, this year▲ +5% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$17K
FY2025▼ -72%
Expenses
$27K
FY2025▼ -73%
Total assets
$58K
FY2025▼ -19%
Total liabilities
$42K
FY2025▼ -7%
Total revenue
$17K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$16K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$10K
Total assetsPt X · Ln 16$58K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $27K of program spending, described in the organization's own filed words · FY2025.
01

Hope+future programs included athletic training, male leadership and mentoring clubs, female empowerment programming, health and nutrition education, an intramural basketball league, community volunteer trips, and most importantly assigned academic study periods to assist personal student growth.

$27Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHope & Future INC
EINHdr · item D46-3756110
Principal addressHdr · item CUnion City, NJ
WebsiteHdr · item Jwww.hope-future.us
Year of formationHdr · item L2014
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFFeb 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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
$0Pt VII · Sec A
Board Treasu
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Secret
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Gian Paul Gonzalez-Alberti’s $79K as Board Chair is at the 94th percentile of top reported officer pay among 144 <$100K education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Gian Paul Gonzalez-Alberti$78,750
Gian Paul Gonzalez-Alberti$46,000
Gian Paul Gonzalez$30,000$16,800
Sharona Obillos$19,000
Elizabeth Christenson$18,500
Sharona Obillos$6,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$17K
Total revenueLn 12$17K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$27K
Management & general1%$340
Total functional expensesLn 25$27K

Balance Sheet

Part X · end of year
CashLn 1$37K
Total assetsLn 16$58K
Total liabilitiesLn 26$42K
Total net assetsLn 32$16K
Months of cash on handcomputed16.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $37K · Operating expenses/yr $27K
16.5 months
Where the money goes
Program services
Program services $27K · Total expenses $27K
99%
Management & General
Management & general $340 · Total expenses $27K
1%
Fundraising
Fundraising $0 · Total expenses $27K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $33K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $17K · Total revenue $17K
100%
Government reliance
Government grants — · Total revenue $17K
Earned-income share
Program service revenue $0 · Total revenue $17K
0%
Investment reliance
Investment income $0 · Total revenue $17K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $27K
0%
Growth & trend
Revenue growth (YoY)
This year $17K · Prior year $60K
-72%
Revenue CAGR
FY2020 $104K · FY2025 $17K
-31%
Net-asset trend (YoY)
End of year $16K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $17K · Expenses $27K
-62%
Liabilities-to-Assets
Total liabilities — · Total assets $58K
Net-asset ratio
Net assets $16K · Total assets $58K
28%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $58K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rev Daniel Christenson · Reported title BOARD MEMEBE · Highest reported compensation $0 · Total expenses $27K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $27K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Revenue growth -72%

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 · FY2022
Total grants receivedfrom 1 funder$10K

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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)$17K revenue · viewing · ⤓ 990 PDF
FY2024$60K revenue · ⤓ 990 PDF
FY2023$386K revenue · ⤓ 990 PDF
FY2022$319K revenue · ⤓ 990 PDF
FY2021$133K revenue · ⤓ 990 PDF
FY2020$104K 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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