Disable all preview features

Education : Adult Education Programs and Services

Operation HOPE

From civil rights to silver rights

four stars

93.96

707 Wilshire Boulevard 30th Floor
Los Angeles, CA 90017
tel: (877) 592-4673   Web Site
EIN: 95-4378084

Board Leadership
John Hope Bryant
Chair

CEO
John Hope Bryant
Chief Executive Officer

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 93.96 four stars
  Financial 91.47 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 08/08/2018 and includes data from FY2016, the most recent 990 received at that time.

Operation HOPE (HOPE) is the leading global provider of financial dignity education and economic empowerment programs for low- or moderate-income youth, individuals and families in underserved communities. HOPE serves three core constituencies as articulated in our five-year Strategic Plan: Youth in underserved schools; low-income adults in underserved communities; and families who have been affected by either natural or man-made disasters.

Our Mission is to expand economic opportunity in underserved communities through financial education and empowerment by offering programs that create stabilized communities and financial stakeholders. We convert check-cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, and minimum wage workers into living wage workers. Our overarching vision is financial inclusion and financial literacy leading to long-term financial dignity for all.

Operation HOPE (HOPE) is the leading global provider of financial dignity education and economic empowerment programs for low- or moderate-income youth, individuals and families in underserved communities. HOPE serves three core constituencies as articulated in our five-year Strategic Plan: Youth in underserved schools; low-income adults in underserved communities; and families who have been affected by either natural or man-made disasters.

Our Mission is to expand economic opportunity in underserved communities through financial education and empowerment by offering programs that create stabilized communities and financial stakeholders. We convert check-cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, and minimum wage workers into living wage workers. Our overarching vision is financial inclusion and financial literacy leading to long-term financial dignity for all.

Financial

four stars

91.47

Accountability & Transparency

four stars

100.00

This rating was published 08/08/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.4%
  Administrative Expenses 12.7%
  Fundraising Expenses 5.7%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 0.59
  Program Expenses Growth 8.5%
  Liabilities to Assets 30.0%
All data for Financial Performance Metrics calculations was provided by Operation HOPE on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Operation HOPE on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Operation HOPE (CA) 93.96 four stars
ProLiteracy (NY) 91.21 four stars
Literacy Action (GA) 90.52 four stars
Arkansas Single Parent Scholarship Fund Program (AR) 89.39 three stars
Literacy Assistance Center (NY) 86.84 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $13,953,091
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,403,091
Total Contributions $15,356,182
   Program Service Revenue $0
Total Primary Revenue $15,356,182
   Other Revenue $-1,365
TOTAL REVENUE $15,354,817
   
EXPENSES  
   Program Expenses $11,880,963
   Administrative Expenses $1,944,601
   Fundraising Expenses $759,413
TOTAL FUNCTIONAL EXPENSES $14,584,977
   
Payments to Affiliates $0
Excess (or Deficit) for the year $769,840
   
Net Assets $8,341,505

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Inside Empowerment Centers $8,450,021 71.1%
Banking on our Future $2,860,314 24.1%
Emergency Response and Disaster Relief $570,628 4.8%

Ratings History
Operation HOPE has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 08/08/2018 93.96 four stars
2015-12 06/01/2017 92.14 four stars
2014-12 06/01/2016 92.73 four stars
 
CN 2.0
2014-12 04/01/2016 96.77 four stars
2013-12 04/01/2015 91.47 four stars
2012-12 03/01/2014 73.56 two stars
2011-12 04/01/2013 79.26 two stars
2010-12 03/01/2012 79.42 two stars
2009-12 09/20/2011 76.07 two stars
 
CN 1.0
2009-12 03/01/2011 66.40 one star
2008-12 06/01/2010 84.26 three stars
2007-12 10/01/2009 89.45 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 95-4378084
Name in IRS Master File OPERATION HOPE INC
NTEE Code Z99
NTEE Classification Unknown
NTEE Type Unknown
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (320) Boy Scouts, Girl Scouts, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1993
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$507,500 3.47% John Bryant Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Operation HOPE (CA) 93.96 four stars
The National GEM Consortium (VA) 90.58 four stars
Literacy Assistance Center (NY) 86.84 three stars
Literacy Partners (NY) 87.70 three stars
Education For Employment (DC) 91.69 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Operation HOPE
707 Wilshire Boulevard
30th Floor
Los Angeles, CA 90017
tel: (877) 592-4673
fax: (213) 489-7511
EIN: 95-4378084

Visit Web Site

Board Leadership

John Hope Bryant
Chair

CEO

John Hope Bryant
Chief Executive Officer

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.