Overview
What is The Ray Of Hope Foundation Inc?
The Ray of Hope Foundation Inc, based on the provided information, is a nonprofit organization dedicated to bettering the lives of children and young adults. They accomplish this through various programs, including managing computer labs and supporting local AAU basketball teams, as well as collaborating with other charitable organizations. The foundation's mission is to create a positive impact on this specific demographic, aiming to enhance their overall well-being and opportunities.
Is The Ray Of Hope Foundation Inc legitimate?
The Ray Of Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ray Of Hope Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of The Ray Of Hope Foundation Inc?
The Ray of Hope Foundation Inc's mission revolves around enhancing the lives of children and young adults. They achieve this goal through various initiatives, including sponsoring computer labs and basketball teams under the Amateur Athletic Union (AAU), as well as supporting other charitable organizations. The organization's primary objective is to contribute positively to the lives of these young individuals, providing them with opportunities and resources for growth and development.
Who is the CEO of The Ray Of Hope Foundation Inc?
Walter Ray Allen Jr is the President of The Ray Of Hope Foundation Inc.
What is the revenue of The Ray Of Hope Foundation Inc?
The Ray Of Hope Foundation Inc's revenue in 2022 was $121,878.
Who are the executives of The Ray Of Hope Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for The Ray Of Hope Foundation Inc?
The Ray Of Hope Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The Ray Of Hope Foundation Inc
The Ray of Hope Foundation Inc is committed to enhancing the lives of children and young adults. To accomplish this, the organization engages in various programs. One of its initiatives involves setting up computer labs, providing a conducive environment for learning and digital literacy. Furthermore, The Ray of Hope Foundation Inc supports local AAU basketball teams, fostering teamwork, physical fitness, and a sense of community among the youth. Additionally, the organization extends its support to other charitable organizations, demonstrating its dedication to uplifting the lives of children and young adults beyond its direct programs.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Ray Of Hope Foundation Inc significantly enhances the lives of children and young adults through a variety of impactful programs. By sponsoring computer labs, the foundation equips youth with essential digital skills, bridging the technology gap and fostering educational growth. Additionally, its support of AAU basketball teams promotes physical fitness, teamwork, and discipline among young athletes, contributing to their overall development. Through its collaboration with other charitable organizations, the foundation amplifies its reach and effectiveness, creating a supportive community that nurtures the potential of future generations in Philadelphia, PA.
This information is meant to be a general summary of The Ray Of Hope Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $121,878
Assets and Liabilities:
- Total Assets: $152,991
- Total Liabilities: $35,714
- Net Assets: $117,277
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(267) 570-8550Principal Officer
Walter Ray Allen Jr
Main Address
C/O HBH 4548 MARKET ST STE 219, PHILADELPHIA, PA, 19139
NTEE Category
Code: T30 - Philanthropy
If you are a representative of The Ray Of Hope Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.