Philanthropy, Voluntarism, and Grantmaking

Hearts of Gold, Inc.

reimagining the future of homeless mothers and their children, together.

aka The Thrifty HoG

New York, NY

Mission

Hearts of Gold's mission and purpose are both simple and audacious ─ to help homeless mothers reimagine their lives and their children’s futures, in a world where they are educated, empowered and economically secure.

Ruling Year

2011

Founder & CEO

Mrs. Deborah Koenigsberger

Main Address

11 West 25th Street

New York, NY 10010 USA

Formerly Known As

The Thrifty HoG

Keywords

education, homeless mothers, housing, homeless children, tutoring, workforce education, homelessness, domestic violence

EIN

13-4194879

 Number

1257510448

Cause Area (NTEE Code)

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Social Media

Programs + Results

What we aim to solve

Homeless single mothers living in New York City shelters need education, training and mentoring in order to secure and retain steady, living-wage employment, and achieve economic stability and self sufficiency. Hearts of Gold's work is more vital today than ever before because homeless mothers and their children are not getting the education and support that they need to lift themselves out of homelessness and poverty, and transition out of the shelter system, into their own permanent homes.

Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

Hearts of Gold Fresh Start University

The Hearts of Gold Learning Center

Summer Teen Enrichment Program (STEP)

Full STEAM Ahead

Where we work

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have they accomplished so far and what's next?

Hearts of Gold's mission and purpose are both simple and audacious ─ to help homeless mothers reimagine their lives and their children’s futures, in a world where they are educated, empowered and economically secure.

Our key strategies are: STABILIZE: Provide crisis intervention such as emergency food, clothing, household supplies and assistance. SUPPORT: Prepare homeless mothers and their children to succeed by providing: * Workforce skills training and support to homeless single mothers * Educational tutoring, summer enrichment programs, and back to school supplies to their children. SUSTAIN: Help homeless mothers and their children create long-term sustainable change in their lives by providing ongoing education, and creating a support network through community events and celebrations.

Thanks to the leadership of our Founder/CEO and Board of Directors, the support of our community partners and the generosity of our patrons, sponsors and volunteers, Hearts of Gold has been positively impacting the lives of homeless mothers and their children since 1994.

We actively assess the effectiveness of our programs and services by tracking our clients’ short-term and long-term progress. We collect both quantitative and qualitative data which we use to measure and manage outcomes and ensure that the mothers and children we serve are making progress toward their individualized goals.

The homeless mothers and children we support have achieved amazing success. For example, our private and semi-private tutoring programs, summer enrichment programs and school supply giveaways have motivated underserved at-risk children to stay in school, excel, and pursue their dreams of higher education. Since 2014 we have tutored more than 200 homeless, formerly homeless and low-income children. We are proud to report that children from this program have gone on to win scholarships and graduate from top institutions such as Brown University, Boston University, Johnson & Wales University and Boston College. Our workforce development program has helped homeless mothers gain valuable work experience through our living-wage paid internships and intensive classroom training, making it possible for them to establish career paths that have allowed them to lift themselves out of poverty, break free from the vicious cycle of homelessness, and create a brighter future for their children. For example, one graduate, who is pursuing her BA, now helps other homeless single mothers create a fresh start in her position as a Director of Housing at a shelter for homeless families. Her ability to draw from her own experiences and the transformative impact of Hearts of Gold, has made her a highly effective role model for her clients, proving to them that they too can “do it.” Our goal is to help more homeless mothers and their children achieve their own success, and positively impact the lives of over 50,000 homeless women and children in New York City by 2029.

External Reviews

Financials

Hearts of Gold, Inc.

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  • Forms 990 for 2017, 2016 and 2015
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Operations

The people, governance practices, and partners that make the organization tick.

Need more info?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2017, 2016 and 2015
  • A Pro report is also available for this organization.

See what's included

Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

No

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

No

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

No

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

No

Organizational Demographics

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

SOURCE: Self-reported by organization

Gender

Race & Ethnicity

Sexual Orientation

This organization reports that it does not collect this information for Board Members, Senior Staff, Full-Time Staff and Part-Time Staff.

Disability

We do not display disability information for organizations with fewer than 15 staff.

Diversity Strategies

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We track retention of staff, board, and volunteers across demographic categories
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We track income levels of staff, senior staff, and board across demographic categories
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We track the age of staff, senior staff, and board
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We track the diversity of vendors (e.g., consultants, professional service firms)
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We have a diversity committee in place
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We have a diversity manager in place
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We have a diversity plan
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We use other methods to support diversity
Diversity notes from the nonprofit
We consciously hire and work with people of all demographics. With a mission to serve homeless mothers and their children, this problem is one that is both a national crisis and color-less. We are a small female headed non-profit and our constituents come from all demographics, so we are mindful of this and strive to have that reflected in the people we hire and those who volunteer for the organization.