Financial Overview
HOPE's financial information for Fiscal Year 2006. Information for Fiscal Year 2007 will be posted once the audited version is available.
| 2006 | 2005 | |||
Unrestricted | Temporarily Restricted |
Total |
Total |
|
|---|---|---|---|---|
Support & Revenue |
||||
Contributions |
||||
Individuals |
$1,750 | $1,750 | $1,095 | |
Organizations |
$174,270 | $164,000 | $338,270 | $321,117 |
Special Events |
$5,140 | $5,140 | $37,971 | |
In-kind Contributions |
$214,163 | $214,163 | ||
Released from restriction |
$151,393 | ($151,393) | $0 | |
Service Fees |
||||
Contracts |
$2,174,226 | $2,174,226 | $2,448,714 | |
Administrative Services |
$46,777 | $46,777 | $30,768 | |
Unrealized gain (loss) on investments |
($895) | ($895) | $3,719 | |
Workshops |
$5,525 | $5,525 | $9,320 | |
Interest and dividends |
$832 | $832 | $510 | |
Rental income |
$4,132 | $4,132 | $8,199 | |
Total Support and Revenue |
$2,777,313 | $12,607 | $2,789,920 | $2,861,413 |
Expenses |
||||
Program Services |
||||
HOPE Action Center for Educational Resources |
$1,126,405 | $1,126,405 | $1,470,134 | |
Center for Health Promotion |
$621,049 | $621,049 | $636,863 | |
HOPE Community Resource Center |
$38,121 | $38,121 | $53,342 | |
Boston Childcare Alliance |
$495,118 | $495,118 | $460,007 | |
Total program services |
$2,280,693 | $2,280,693 | $2,620,346 | |
Supporting Services |
||||
General and administrative |
$250,176 | $250,176 | $189,561 | |
Fundraising |
$39,724 | $39,724 | $79,472 | |
Total supporting services |
$289,900 | $289,900 | $269,033 | |
Total Expenses |
$2,570,593 | $2,570,593 | $2,889,379 | |
Change in Net Assets |
$206,720 | $12,607 | $219,327 | ($27,966) |
Net Assets - Beginning of Year |
$251,886 | $5,000 | $256,886 | $284,852 |
Net Assets - End of Year |
$458,606 | $17,607 | $476,213 | $256,886 |
Please email Paige Matthews at pmatthews@hopemass.org with any suggestions or comments for this section.
