HopeWorks Inc
1930 Union Ave
Memphis TN 38104
Contact Information
Address 1930 Union Ave
Memphis, TN 38104
Telephone 901 272-3700
E-mail support@whyhopeworks.org
Mission Statement HopeWorks, Inc. provides hope and opportunities for transformation through education, spiritual development, and respect for work.
Web and Social Media
Video
Personal & Career Development program graduation ceremony
Other ways to Donate, Support, or Volunteer Support HopeWorks by volunteering to provide lunch, be a mentor, or help with a special project and by attending our annual fundraising breakfast and golf tournament.
Leadership
CEO/Executive Director Ron Wade
Board Chair Mr. Barry Mitchell
Board Chair Company Affiliation Consultant
History and Background
Year of Incorporation 1999
Financial Summary
 
 
Projected Revenue $2,938,735.00
Projected Expenses $2,938,735.00
Statements
Mission HopeWorks, Inc. provides hope and opportunities for transformation through education, spiritual development, and respect for work.
Background

HopeWorks began 27 years ago with 2 churches, one helping house the homeless and the other giving away health and hygiene supplies. Memphis Area Cooperative Services was formed to administer these programs. The leaders saw a television segment on the Hope Program in Brooklyn, NY, which cast a vision for a job skills readiness class with internships. The Life Skills Lab classes began in March 1990. In 1998 the name was changed to HopeWorks and the 501(c)3 status was granted. HopeWorks moved in to it’s current home on Union Avenue in 2001. HopeWorks Inc. has continued to expand its’ programs, including a state-funded Adult Education program and job retention department.

Impact
In 28 years, over 1000 people have graduated from the Personal and Career Development program, with 99 graduating in 2016. Through the Adult Education program in 2016, over 300 people earned their high school equivalency diplomas. We have expanded our Adult Education program to include literacy classes and all subjects needed to pass the HiSET exam and added a financial literacy class to our job skills training curriculum. HopeWorks is providing job skills training to those incarcerated at the Shelby County Division of Corrections. HopeWorks helps people who feel like they cannot get a job become people who are confident and skilled, hopefully about their future. 
Needs
  • Scholarships for students to attend the job skills training program, ($50-$2500)
  • Internship providers
  • Employers who will hire those with little employment history and/or have a criminal background
  • Volunteers to be lunch providers and mentors
CEO/Executive DirectorComments something to emphasize about hw
Areas of Service
Areas Served
Area
TN - Shelby County
HopeWorks serves the unemployed and under-employed in the Shelby County, Memphis, TN area. We also accept students from northern Mississippi and eastern Arkansas.
Board Chair
Board Chair Mr. Barry Mitchell
Company Affiliation Consultant
Term Feb 2010 to Aug 2017
Board of Directors
Board Members
NameAffiliation
Mr. Percell Duckett Retired
Mr. Eric Gentry Highland Church of Christ
Ms. Dawn Graeter Southern Security Federal Credit Union
Mr. B Chris Simpson Holmes Rd Church of Christ
Mr. Bob Turner Harding School of Theology
Ms. Susan Vaughn Retired
Mr. Eric Wilson Community Volunteer
Mr. Thomas Woods IMC
Board Demographics - Ethnicity
African American/Black 5
Asian American/Pacific Islander 0
Caucasian 4
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 7
Female 2
Governance
Board Term Lengths 3
Board Term Limits 2
Board Meeting Attendance % 50
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Under Development
Percentage Making Monetary Contributions 88
Number of Full Board Meetings Annually 4
Standing Committees
Special Events (Golf Tournament, Walk / Run, Silent Auction, Dinner / Gala)
Building
Executive Director
Executive Director Ron Wade
Experience Ron Wade spent 33 years at RR Donnelly before entering the non-profit world as the Executive Director for HopeWorks. He is actively involved with international students and is an elder at Highland Church of Christ. Ron holds a bachelors' degree from the University of Memphis and a master's degree from Harding School of Theology. 
Staff
Full Time Staff 23
Part Time Staff 47
Volunteers 50
Contractors 0
Plans
Organization has a Fundraising Plan? No
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers 5
Date Strategic Plan Adopted Nov 2015
Management Succession Plan? No
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
Programs
Description The Personal and Career Development (PCD) class is a 14-week, tuition-free program designed to prepare chronically unemployed students for living wage employment. Trained teachers and counselors help adult students make informed, short-term job choices and/or long term career plans. The program deals systematically with the underlying motives, attitudes, values, and behaviors that are desired by employers and lead to successful lifelong employment. Students who graduate must adhere to a strict absent/tardy policy and meet mandatory drug testing requirements.
Population Served Adults
Budget $425,000.00
Short Term Success The short term goal includes motivating students to be self-directed and seek employment, helping students attain a high school equivalency diploma, positioning students on a career path with adequate wage earning potential, offering them a stable and satisfying community experience, and helping them find employment soon after graduation.
Long Term Success The goal of the PCD program is to empower students to manage their environments and recognize their potential, to give them confidence, knowledge, and skills for setting and meeting goals that lead to satisfactory employment and sustainable income.
Description Literacy, math, and subject area classes to help adults pass the high school equivalency test. From low-level readers to those who just need a refresher course, HopeWorks serves all students on an individual basis.
Population Served Adults
Budget $400,000.00
Short Term Success Most students will achieve level gains within the first 8 weeks of class.
Long Term Success In 2014, 52% of students who tested and passed at Shelby County's largest testing center went through the HopeWorks Adult Education program.
Fiscal Year
Fiscal Year Start July 01, 2016
Fiscal Year End June 30, 2017
Projected Revenue $2,938,735.00
Projected Expenses $2,938,735.00
Spending Policy Income Only
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$598,226$489,472$334,270
Government Contributions$515,154$244,337$161,869
Federal------
State------
Local------
Unspecified$515,154$244,337$161,869
Individual Contributions------
$0$0$0
$0$0$0
Investment Income, Net of Losses$18$378$384
Membership Dues$0$0$0
Special Events$75,000$50,000$0
Revenue In-Kind$22,400$0$0
Other$0$1,095$564
Expense Allocation
Fiscal Year201520142013
Program Expense$835,807$713,929$562,194
Administration Expense$134,240$101,774$88,470
Fundraising Expense$25,933$30,805$24,999
Payments to Affiliates------
Total Revenue/Total Expenses1.261.010.98
Program Expense/Total Expenses84%84%83%
Fundraising Expense/Contributed Revenue2%4%5%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$643,984$380,621$377,572
Current Assets$481,192$356,093$339,978
Long-Term Liabilities$0$0$0
Current Liabilities$12,073$4,106$6,052
Total Net Assets$631,911$376,515$371,520
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities39.8686.7356.18
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? Yes
Campaign Purpose HopeWorks has purchased a building at 3337 Summer Ave. where we will have more classroom space. We want to become a part of the Heights and Binghampton neighborhoods, providing job skills training and adult education to the residents. Summer Ave is on a good bus line so we will be able to continue serving all of Shelby County. 
Goal $750,000.00
Capital Campaign Anticipated in Next 5 Years? No
State Charitable Solicitations Permit
Solicitations Permit
TN Solicitation Letter 2017View

 

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