Big Hope Project Inc

Nonprofit profile at a glance

EIN
872872836
IRS 990-EZ coverage
2022–2022
Forms available
Form 990-EZ 2022
Location
Dorchester Center, MA, USA
Phone
8573858285
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$127,524
Expenses
$125,831
Assets
$1,993

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • HARRY JEANJACQUES (PRESIDENT AND CLERK)

People named in this filing

  • HARRY JEANJACQUES (PRESIDENT AND CLERK)
  • DAVID JEANJACQUES (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of big hope project is to bridge the gap between disadvantaged communities and resources to social equity, expungement, and workforce opportunities, making a positive impact on society by addressing specific needs, advancing knowledge and understanding, promoting the common good, and improving the well-being of individuals and communities that have disproportionately affected by the war on drugs.

What it reported doing in 2022

Community events. Big hope project has hosted over 20 educational events in areas of disproportionate impact focused on the empowerment of marginalized groups including expungement clinics [:#wre#:] we have provided legal assistance to returning citizens in Massachusetts. Their criminal records were examined sealed and expunged removing barriers associated with past convictions and creating opportunities for a brighter future.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 100
  • Sustainability: 19
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.1%; rating input score 49
  • Program expense ratio: 49.8%; rating input score 50

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 1.3%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 52.6%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 49.1% of revenue deployed · 49.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $63K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
  • Review — Financial Efficiency: Program expense ratio scored 50/100.
  • Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.