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Homes With Hope Inc

Homes With Hope

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030496934 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Homes With Hope Inc?

Homes With Hope Inc, based in Houston, Texas, is a nonprofit organization dedicated to supporting children who have experienced abuse, neglect, or homelessness. Their primary goal is to provide these children with a sense of permanency, nurturance, and emotional security, often through foster care or adoption. Qualified caseworkers offer individualized services tailored to each child's age and needs, helping them heal from trauma and overcome developmental gaps. This year, five children who had been waiting for permanency found loving families through this program. In addition, Homes With Hope provided foster care to 50 children, totaling 9,168 days of support. Their mission is to care for at-risk children by placing them with licensed and trained foster families and assisting families seeking adoption. Homes With Hope Inc has a total of 6 employees committed to this noble cause.


Official website here: www.homeswithhope.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

Homes With Hope Inc has received a high rating of 96% from Charity Navigator, reflecting strong performance in accountability and finance. The organization boasts an impressive program expense ratio of 90.24%, indicating that a significant portion of its funding is directed toward its programs rather than administrative costs. Additionally, the charity's board is largely independent, with 83% of its members meeting this criterion, contributing to effective governance.

The charity has also implemented robust policies in several key areas, including conflict of interest and whistleblower protections, both of which are crucial for maintaining integrity and transparency. Financial oversight is strong, with a perfect score in financial statement reviews and no reported material diversion of assets. The organization's low liabilities to assets ratio of 6.68% further highlights its strong financial health.

While the rating is impressive, potential donors should consider the overall impact of the organization's programs and initiatives in the community. Observing how effectively Homes With Hope Inc translates its financial strength into meaningful outcomes can provide deeper insights beyond the financial metrics alone.


This AI summary has been generated from information found on Charity Navigator.

Is Homes With Hope Inc legitimate?

Homes With Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes With Hope Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $83,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,905

For more financial information, click here


Official website here: www.homeswithhope.org

What is the mission statement of Homes With Hope Inc?

Homes With Hope Inc's mission is centered around providing care for abused and neglected children. The organization achieves this by placing children identified as at risk by the state into licensed and trained foster families. Additionally, Homes With Hope assists families who are interested in adoption. The primary goal is to offer permanency, nurturance, emotional security, and a lasting sense of connection to children who cannot be raised by their birth families. The organization strives to enhance the health, safety, and stability of these children, who have suffered from abuse, neglect, or homelessness. This is accomplished through providing adoptive parental preparation and support, navigating the legal and child welfare systems, and ensuring individualized age-appropriate services to help children heal from trauma and overcome developmental gaps. This year, five children who had been waiting for permanency were adopted, and the program provided a total of 9,168 foster care days to 50 children.


Official website here: www.homeswithhope.org

Who is the CEO of Homes With Hope Inc?

Rick Strange is the Executive Director of Homes With Hope Inc.


Official website here: www.homeswithhope.org

What is the revenue of Homes With Hope Inc?

Homes With Hope Inc's revenue in 2022 was $635,551.


Official website here: www.homeswithhope.org

Who are the executives of Homes With Hope Inc and what are their salaries?

The average compensation at Homes With Hope Inc during 2022 was $37,801. There are 6 employees at Homes With Hope Inc.


Here are 6 key members and their salaries:


Rick Strange (Executive Director)
  • Compensation: $75,000
  • Related: $0
  • Other: $3,900
Esther Dunn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Kvinge (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Snyder (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Smith (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Huey (Board Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.homeswithhope.org

Where can I find the form 990 for Homes With Hope Inc?

Homes With Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.homeswithhope.org

Learn more at the official website: www.homeswithhope.org

Mission Statement of Homes With Hope Inc

Homes With Hope, a nonprofit organization, is committed to providing care and support for abused and neglected children. Their mission is to identify at-risk children, as identified by the state, and place them into the loving homes of licensed and trained foster families. Beyond this, Homes With Hope also aids families desiring adoption. The primary goal of this mission is to provide permanency, nurturance, emotional security, and a lifelong sense of connection for children who cannot be raised by their birth families. By doing so, the organization aims to enhance the health, safety, and stability of these children, many of whom are victims of abuse, neglect, or homelessness.

To accomplish this, Homes With Hope offers various services. These include providing adoptive parental preparation and support, navigating the legal and child welfare systems. Qualified caseworkers at the organization ensure that individualized, age-appropriate services are provided to help children heal from trauma and overcome developmental gaps. This year, five children who had been waiting for permanency found it through Homes With Hope's adoption program. Furthermore, the organization provided 9,168 days of foster care to 50 children, offering them a temporary yet nurturing environment during challenging times.

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Impact




July, 2024

Homes With Hope Inc's impact lies in caring for abused and neglected children by placing them with licensed and trained foster families. The organization also assists families wanting to adopt, providing permanency, nurturance, emotional security, and a lifelong sense of connection for children unable to be raised in their birth families. This results in increased health, safety, and stability for children who have experienced abuse, neglect, or homelessness. In the past year, Homes With Hope facilitated the adoption of 5 children and provided a total of 9,168 days of foster care to 50 children, ensuring individualized services to help them heal from trauma and address developmental challenges.




This information is meant to be a general summary of Homes With Hope Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$635,551 (2022)
Expenses
$556,574 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $384
  • Program Service Revenue: $478,312
  • Gross Receipts: $635,551

Assets and Liabilities:

  • Total Assets: $566,478
  • Total Liabilities: $37,884
  • Net Assets: $528,594

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Adoption CPS

Revenue

$20,000

Foster Care CPS

Revenue

$458,312

Organization Details

Founding Year

2002

Principal Officer

Rick Strange

Main Address

PO Box 70146, Houston, TX, 77270

NTEE Category

Code: P32 - Human services

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