EDUCATION AND HOPE INC Charity Report

Public IRS 990 nonprofit record

EDUCATION AND HOPE INC

EIN 06-1532033 · Corporate Foundations (T21)

What they do

EDUCATION and HOPE is A NON-PROFIT ORGANIZATION EMPOWERING CHANGE THROUGH EDUCATION and WELLNESS IN THE WESTERN HIGHLANDS of GUATEMALA. FOUNDED ON THE BELIEF THAT EDUCATION is A FUNDAMENTAL HUMAN RIGHT and THAT ALL THE WORLDS CHILDREN DESERVE to BE EDUCATED, WE STRONGLY BELIEVE THAT EDUCATION is THE MOST EFFECTIVE AGENT to BREAK THE CYCLE of POVERTY. OUR APPROACH is HOLISTIC, and OUR WORK FOCUSES ON STRENGTHENING ACADEMIC ACHIEVEMENT, PHYSICAL and EMOTIONAL DEVELOPMENT, and DEVELOPING CORE LIFE SKILLS. OUR PROGRAM CONSISTS of TWO PRIMARY COMPONENTS: COMPREHENSIVE SCHOLARSHIPS COVERING THE COSTS INVOLVED IN EDUCATING EACH STUDENT; and AN AFTER-SCHOOL ENRICHMENT CENTER PROVIDING TUTORING, NUTRITIOUS MEALS, SHOWERS, MEDICAL ATTENTION, and MENTAL HEALTH COUNSELING IN A FAMILY-CENTERED ENVIRONMENT FILLED WITH LOVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

110.62%of revenue went to mission work83.8% of expenses · Program services

5.37%of revenue went to fundraising4.1% of expenses

$131.98spent for every $100 of revenueSpending was higher than revenue this year.

15.99%of revenue went to management and office costs12.1% of expenses

$0.99in assets for every $1 spent this yearSome assets cannot be spent right away.

102.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $216,435 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $111,782 for JULIE COYNE (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$676,876

Mission workProgram services$748,770110.62% of revenue83.8% of expenses

ManagementOffice and general costs$108,20415.99% of revenue12.1% of expenses

FundraisingAsking for donations$36,3375.37% of revenue4.1% of expenses

Total expenses$893,311131.98% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.8% mission · 12.1% management · 4.1% fundraisingTotal expenses: 131.98% of revenue

2023Expense mix: 85.7% mission · 10.7% management · 3.6% fundraisingTotal expenses: 131.05% of revenue

2022Expense mix: 83.0% mission · 13.0% management · 4.0% fundraisingTotal expenses: 127.90% of revenue

2021Expense mix: 79.6% mission · 14.6% management · 5.9% fundraisingTotal expenses: 98.00% of revenue

2020Expense mix: 74.7% mission · 18.7% management · 6.6% fundraisingTotal expenses: 66.93% of revenue

2019Expense mix: 76.7% mission · 15.6% management · 7.7% fundraisingTotal expenses: 117.10% of revenue

2018Expense mix: 79.5% mission · 14.6% management · 5.9% fundraisingTotal expenses: 105.07% of revenue

2017Expense mix: 84.9% mission · 9.1% management · 6.0% fundraisingTotal expenses: 97.04% of revenue

Money in and money out

Revenue$676,876

Expenses$893,311

Annual shortfall $216,435 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$748,770 · 83.8% of expenses

Management and office costs$108,204 · 12.1% of expenses

Fundraising$36,337 · 4.1% of expenses

See all reported dollar amounts

Revenue$676,876

Expenses$893,311

Assets$880,317

Income$943,179

Contributions$693,629

Mission work (program services)$748,770

Fundraising$36,337

Management and general$108,204

Executive compensation (total)$104,437

Accounting fees$14,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JULIE COYNEEXECUTIVE DIRECTOR · 50 hrs/week $111,782Base $102,815 · Other $8,967

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

JULIE COYNEEXECUTIVE DIRECTOR

BETH IOVINELLIDIRECTOR

BRIAN RAMSAYDIRECTOR

GRAHAM FOSTERTREASURER

JENNIFER TARLETONDIRECTOR

KAREN ELDERSPRESIDENT

KATIE COYNE RESTREPODIRECTOR

KELLY DEGULISDIRECTOR

VANESSA FROSINIDIRECTOR

About this charity

Recognized since: January 1999
Location: PO BOX 486, NORWALK, CT 06856
County: Fairfield
In care of: JULIE E COYNE
Primary officer: JULIE E COYNE, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@educationandhope.org Phone(203) 984-3926

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CITRIN COOPERMAN ADVISORS LLC
NTEE classification: Corporate Foundations (T21)
IRS tax category: Corporate Foundations