Overview
What is Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky?
Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky is a nonprofit organization based in Beverly, Massachusetts, specifically at 8 Washington Street. Their mission lies in supporting the personal and physical growth and well-being of youth by financially backing charitable organizations that share these objectives. Their primary focus is on child education and welfare. They operate under the activity or mission description of aiding youth in their overall development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Hooper Fund For Manchester Children Inc has received a 73% rating from Charity Navigator, indicating a need for improvement in several accountability and finance areas. While the organization has a fully independent board with strong governance, deficiencies in essential policies such as conflict of interest, whistleblower protections, and document retention policies have negatively impacted its overall score.
Despite these shortcomings, the nonprofit demonstrates effective financial management, with a program expense ratio of 96.17%, which suggests that a significant portion of its resources is directed toward its mission. Additionally, the organization has no liabilities, showcasing sound fiscal health. However, the absence of transparency in documenting board meeting minutes and posting tax forms online raises concerns about accountability.
In summary, while the Hooper Fund is commendable for its independent board and high program expense ratio, it must address its policy gaps and improve transparency to enhance its effectiveness and trustworthiness in the eyes of potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky legitimate?
Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky?
The Hooper Fund for Manchester Children, Inc., operating under Glovsky & Glovsky, has a mission to support the growth and well-being of young individuals. They accomplish this by financially backing charitable organizations that share similar objectives. The primary goal is to foster personal development and physical health in these youth. By funding these organizations, they aim to contribute positively to the overall well-being of the children they serve.
Who is the CEO of Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky?
Anne H Kneisel is the President of Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky.
What is the revenue of Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky?
Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky's revenue in 2022 was $127,046.
Who are the executives of Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky and what are their salaries?
There 9 volunteers at Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky?
Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky
Hooper Fund for Manchester Children Inc. C/O Glovsky & Glovsky is a nonprofit organization with a mission to support the personal and physical growth and well-being of youth. They accomplish this by funding charitable organizations that share similar objectives. In essence, the Hooper Fund aims to contribute to the betterment of young individuals by providing financial assistance to organizations that prioritize their overall development. By doing so, the fund seeks to foster a positive and nurturing environment for children, helping them to flourish and reach their full potential.
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Impact
October, 2024
Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky plays a significant role in enhancing the lives of youth in the community by focusing on their personal and physical development. By providing financial support to charitable organizations that prioritize child education and welfare, the fund ensures that essential resources are available to help children thrive. This support aids in fostering a safe and productive environment where young individuals can engage in recreational activities, develop essential life skills, and cultivate their overall well-being. Ultimately, the fund contributes to the creation of healthier, more balanced lives for children, which positively impacts the community as a whole.
This information is meant to be a general summary of Hooper Fund For Manchester Children Inc C/O Glovsky & Glovsky. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29,100
- Gross Receipts: $284,661
Assets and Liabilities:
- Total Assets: $886,288
- Total Liabilities: $0
- Net Assets: $886,288
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Organization Details
Founding Year
2000
Phone
(978) 720-3107Principal Officer
Anne H Kneisel
Main Address
8 Washington Street, Beverly, MA, 01915
NTEE Category
Code: N200 - Recreation
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