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EIN 86-2828908

Hope Chicago

IRS 501(c) type
501(c)(3)
Num. employees
26
City
Chicago
State
Illinois
Year formed
2021
Most recent tax filings
2023-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
Hope Chicago eliminates barriers to educational and economic equity by providing access to debt-free postsecondary education to tens of thousands of Chicago Public School students and their parents. It provides scholarships, college preparatory activities, financial aid application assistance, and navigation support for vocational education programs.
Total revenues
$10,716,166
2023
Total expenses
$12,033,530
2023
Total assets
$31,322,044
2023
Num. employees
26
2023

Program areas at Hope Chicago

Hope Chicago Inc. Provides scholarships, participation in college preparatory activities, assistance with financial aid applications and navigating the college experience, including vocational education programs.

Who funds Hope Chicago

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Chicago Scholarship FundGeneral College Scholarships$5,166,807
Fulk Family FoundationTo Provide Its Scholarship Program at Al Raby School for Community and Environment for Its Graduates and Parents for An Approximate Three-Year Period$2,000,000
Walgreens FoundationFunding of Higher Education for Students in the Chicago Area$1,250,000
...and 51 more grants received totalling $12,389,226

Personnel at Hope Chicago

NameTitleCompensation
Janice K. Jackson, EdDChief Executive Officer
Theodore L. KoenigFounder and Chair
Matt LyonsChief Financial and Operations Officer
Matthew LyonsChief Financial Officer$244,400
Jennifer BellChief Development Officer
...and 24 more key personnel

Financials for Hope Chicago

RevenuesFYE 06/2023
Total grants, contributions, etc.$10,716,166
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,716,166

Form 990s for Hope Chicago

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-04-17990View PDF
2021-062022-05-12990View PDF
Data update history
September 22, 2024
Updated personnel
Identified 8 new personnel
August 26, 2024
Received grants
Identified 22 new grant, including a grant for $2,000,000 from Fulk Family Foundation
July 14, 2024
Updated personnel
Identified 5 new personnel
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 15 new grant, including a grant for $250,000 from Silicon Valley Community Foundation (SVCF)
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
State / local levelCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
303 E Wacker Dr 360
Chicago, IL 60601
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
hopechicago.org/ 
Phone
(312) 477-3710
IRS details
EIN
86-2828908
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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