Overview
What is Opportunity Hub?
Opportunity Hub is a nonprofit organization situated in Spartanburg, South Carolina, specifically at 899 S Pine St. Their primary mission is to provide temporary shelter, food, and support services for local homeless families in a nurturing environment. They accomplish this by collaborating with faith communities, volunteers, and social service agencies, creating a supportive network for those in need. With a dedicated team of 33 individuals, Opportunity Hub strives to make a positive impact on the lives of homeless families in their community.
Official website here: www.spihn.squarespace
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating) from Charity Navigator.
Opportunity Hub has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a perfect score in several key areas, including independent board membership and the absence of asset diversion, the organization demonstrates a high level of transparency and governance. The overall score is based entirely on its accountability and finance practices, highlighting its dedication to responsible management of resources.
The organization boasts a fully independent board consisting of 16 members, which strengthens its governance structure. Additionally, Opportunity Hub maintains robust policies for conflict of interest, whistleblower protection, and document retention, all of which contribute to its credibility and ethical operations. The high program expense ratio of 94.87% indicates that a significant portion of its funds is allocated directly to its programs, further underlining its effectiveness in fulfilling its mission.
While the data showcases Opportunity Hub's strengths, the summary does not indicate any limitations or areas for improvement. This absence of negative feedback suggests that the organization is effectively managing its responsibilities and is well-regarded within its operational scope. Overall, Opportunity Hub stands out as a strong example of a nonprofit dedicated to maintaining high standards in accountability and program impact.
This AI summary has been generated from information found on Charity Navigator.
Is Opportunity Hub legitimate?
Opportunity Hub is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Hub 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: $19,894
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,956
For more financial information, click here
Official website here: www.spihn.squarespace
What is the mission statement of Opportunity Hub?
The mission of Opportunity Hub is to offer temporary shelter, food, and supportive services to local homeless families in a nurturing environment. This is achieved by fostering collaboration between faith communities, volunteers, and social service agencies. By bringing these entities together, Opportunity Hub aims to provide a caring atmosphere that assists homeless families during their time of need.
Official website here: www.spihn.squarespace
What is the revenue of Opportunity Hub?
Opportunity Hub's revenue in 2023 was $242,452.
Official website here: www.spihn.squarespace
Who are the executives of Opportunity Hub and what are their salaries?
The average compensation at Opportunity Hub during 2023 was $11,373. There are 13 employees at Opportunity Hub.
Here are 16 key members and their salaries:
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Official website here: www.spihn.squarespace
Where can I find the form 990 for Opportunity Hub?
Opportunity Hub's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.spihn.squarespace
Learn more at the official website: www.spihn.squarespace
Mission Statement of Opportunity Hub
Opportunity Hub, a nonprofit organization, is dedicated to providing temporary shelter, food, and support services for local homeless families in a nurturing environment. By fostering collaborations between faith communities, volunteers, and social service agencies, Opportunity Hub aims to create a caring atmosphere that assists these families during their difficult times. The mission of Opportunity Hub is to offer a sanctuary where families can find essential resources, including shelter and nutritional needs, enabling them to rebuild their lives with dignity and hope.
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Impact
July, 2024
Opportunity Hub impacts the local community by providing temporary shelter, food, and support services for homeless families in a caring atmosphere. Through the collaboration of faith communities, volunteers, and social service agencies, Opportunity Hub offers crucial assistance to those in need. By addressing the immediate needs of homeless families, Opportunity Hub contributes to stabilizing and improving the lives of vulnerable individuals in Spartanburg, SC.
This information is meant to be a general summary of Opportunity Hub. 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 2023.
- Investment Income: $7
- Gross Receipts: $242,452
Assets and Liabilities:
- Total Assets: $194,340
- Total Liabilities: $19,647
- Net Assets: $174,693
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Organization Details
Founding Year
2002
Principal Officer
Jennifer Britanisky
Website
www.spihn.squarespaceNTEE Category
Code: K31 - Food
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