Overview
What is Mount Hope Learning Center?
Mount Hope Learning Center is a nonprofit organization situated at 140 Cypress Street, Providence, Rhode Island (RI) 02906. Its primary purpose is to offer a conducive atmosphere for the children and adults of the local community to acquire essential skills. Through its after-school programs, the center serves over 100 children in grades K to 5 daily throughout the year. The programs encompass academic-based enrichment classes, homework help, one-on-one tutoring, and various extracurricular activities like martial arts, fine arts, and tennis. By providing a nurturing environment, Mount Hope Learning Center aims to empower its community members, enabling them to improve their quality of life and foster more promising futures. With a workforce of 17 individuals, the center is dedicated to making a positive impact in the lives of those it serves.
Official website here: www.mthopelc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Mount Hope Learning Center has achieved a remarkable 97% score, earning a Four-Star rating, which reflects its strong accountability and financial health. This score is based solely on the Accountability & Finance beacon, indicating a high level of transparency and effective management of resources. The charity has demonstrated robust governance practices, including a fully independent board and comprehensive policies on conflicts of interest and whistleblower protections.
The organization has exhibited exceptional financial efficiency, with 84.40% of its expenses allocated directly to its programs. This high program expense ratio signifies a commitment to maximizing the impact of donor contributions. Moreover, the low liabilities to assets ratio of 18.63% suggests a stable financial position, indicating that Mount Hope Learning Center is well-equipped to sustain its operations.
While the data points to a well-governed and financially responsible organization, it's important for potential supporters to consider the specific programs and services offered by Mount Hope Learning Center. Engaging with the charity’s mission and impact can further enhance the understanding of how their contributions will be utilized effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Hope Learning Center legitimate?
Mount Hope Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Hope Learning Center 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: $48,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,357
For more financial information, click here
Official website here: www.mthopelc.org
What is the mission statement of Mount Hope Learning Center?
The Mount Hope Learning Center's mission is centered around creating a secure space where both children and adults in the community can develop essential skills. This mission aims to ultimately improve their quality of life and foster more prosperous futures. The center offers a variety of after-school programs, serving over a hundred students in grades K to 5 year-round. Among these programs, there are academic enrichment classes, homework assistance, one-on-one tutoring, and additional enrichment activities such as martial arts, arts, and tennis.
Official website here: www.mthopelc.org
Who is the CEO of Mount Hope Learning Center?
Mj Daly is the President of Mount Hope Learning Center.
Official website here: www.mthopelc.org
What is the revenue of Mount Hope Learning Center?
Mount Hope Learning Center's revenue in 2022 was $478,068.
Official website here: www.mthopelc.org
Who are the executives of Mount Hope Learning Center and what are their salaries?
The average compensation at Mount Hope Learning Center during 2022 was $9,072. There are 17 employees at Mount Hope Learning Center.
Here are 8 key members and their salaries:
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- Compensation: $48,875
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- Other: $4,446
Official website here: www.mthopelc.org
Where can I find the form 990 for Mount Hope Learning Center?
Mount Hope Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mthopelc.org
Learn more at the official website: www.mthopelc.org
Mission Statement of Mount Hope Learning Center
Mount Hope Learning Center is committed to establishing a secure setting where both children and adults in the community can acquire essential skills. This mission aims to improve their lives and enable them to lead more prosperous futures. The center accomplishes this goal through various daily activities, including after-school programs catering to over 100 students in grades K to 5. These programs encompass academic enrichment classes, homework assistance, one-on-one tutoring, and additional enrichment activities such as martial arts, fine arts, and tennis.
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Impact
July, 2024
Mount Hope Learning Center has a significant impact on the community by providing a safe environment for children and adults to learn valuable skills that enhance their quality of life and set them up for more productive futures. Through their after school programs, over 100 children in grades K to 5 are served daily, receiving academic-based enrichment classes, homework help, one-on-one tutoring, and other classes like martial arts, fine arts, and tennis. This organization's dedication to education and skill-building is making a tangible difference in the lives of those it serves in Providence, RI.
This information is meant to be a general summary of Mount Hope Learning Center. 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: $27
- Program Service Revenue: $161,091
- Gross Receipts: $478,068
Assets and Liabilities:
- Total Assets: $579,155
- Total Liabilities: $243,796
- Net Assets: $335,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
After school/summer pr
Revenue
$161,091
Organization Details
Founding Year
1998
Phone
(401) 455-8875Principal Officer
Mj Daly
Main Address
140 Cypress Street, Providence, RI, 02906
Website
www.mthopelc.orgNTEE Category
Code: A25 - Arts
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