Mission
Hopebound provides virtual mental health care through personalized teletherapy sessions for adolescents, especially focusing on those from historically marginalized communities. We make mental health services accessible and affordable, ensuring no young person is turned away due to financial constraints.
Basic Information
Founded in
2019
EIN
84-4008940
Total Assets
$522.5 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Revolutionizing Mental Health
Hopebound is pioneering the way mental health care is provided to young people, ensuring inclusivity and accessibility.
Get Involved
Join us by signing up your child for therapy or volunteering to support our mission.
Workshops and Group Counseling
Offering workshops and group counseling to community partners at no or low cost.
Impact Stats
Total Sessions
Therapy Sessions Provided
Over 3,000 therapy sessions provided at low or no cost since June 2020.
Improvement Rate
Impact Improvement
Clients report a 21% improvement in mental health functioning after a year-long program.
Session Price
Accessible Pricing
Affordable sessions with contributions based on a sliding scale system of $0-$30.
Our Programs
Teletherapy for Youth
Weekly, video-based teletherapy for middle and high school students at no or low-cost.
Learn MoreVolunteer Opportunities
Clinical Supervision
Provide clinical supervision to emerging clinicians working with adolescents.
Learn MoreWorkshops and Support
Help facilitate workshops and group counseling sessions with community partners.
Learn MoreTestimonials
"Hopebound continues to provide excellent service and each clinician has become part of our family."
Hopebound Parent
Parent of Client
"My counselor understands my struggles and I'm learning the importance of self-recognition and self-love."
Adolescent Client
Client
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
57
48
/100
Program Expense Ratio
82.45%
14
/20
Program Revenue Growth
-6.08%
2
/20
Leverage Ratio
0.002645
20
/20
Working Capital Ratio
0.957
10
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 426.7K | 99.45% |
| Program Services | 2.348K | 0.55% |
| Investment Income | 1 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 429K | 100.00% |
Related Nonprofits
First Aid Arts
Mental Health
General Mental Health ServicesLa Crosses Lighthouse Inc.
Mental Health
General Mental Health ServicesHopebound Mental Health
Mental Health
General Mental Health ServicesDetroit Youth Concert Choir and Performing Arts Company
Mental Health
General Mental Health ServicesMental Health Foundation
Mental Health
General Mental Health Services