Overview
What is Hope Harbor Foundation Inc?
Hope Harbor Foundation Inc, located in Claremore, Oklahoma, is a nonprofit organization dedicated to supporting Hope Harbor, another nonprofit, which focuses on providing essential services to disadvantaged children. The foundation's mission aligns with Hope Harbor, aiming to offer aid and assistance to these children in need. The foundation serves as a financial backbone, contributing to the overall objectives and operations of Hope Harbor.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating, 73%
Hope Harbor Foundation Inc received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are significant areas that require improvement. The foundation scored well in areas such as having a majority of independent board members and a favorable liabilities to assets ratio, reflecting a stable financial position and governance structure.
However, the organization faces critical shortcomings in transparency and policy implementation. The missing conflict of interest policy, whistleblower policy, and document retention policy indicate potential gaps in governance practices that could affect trust and accountability. Additionally, the absence of its website link on tax forms raises concerns about public accessibility to important information.
Overall, while Hope Harbor Foundation Inc shows a commendable commitment to its program expenses, the lack of essential governance documents and transparency measures suggests that stakeholders may want to advocate for improvements to bolster the organization's overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Harbor Foundation Inc legitimate?
Hope Harbor Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Harbor Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hope Harbor Foundation Inc?
The Hope Harbor Foundation Inc. is committed to supporting Hope Harbor, a non-profit organization that provides essential services to disadvantaged children. This alignment of objectives is a key focus for the Foundation. The primary objective of the Foundation is to fund these support services for disadvantaged children provided by Hope Harbor Inc. The Foundation's mission is to contribute financially to the initiatives and operations of Hope Harbor Inc., thereby aiding in its mission to support children in need.
Who is the CEO of Hope Harbor Foundation Inc?
Roger Prock is the Vice Preside of Hope Harbor Foundation Inc.
What is the revenue of Hope Harbor Foundation Inc?
Hope Harbor Foundation Inc's revenue in 2022 was $30,323.
Who are the executives of Hope Harbor Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hope Harbor Foundation Inc?
Hope Harbor Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hope Harbor Foundation Inc
Hope Harbor Foundation Inc is committed to supporting Hope Harbor, a non-profit organization that focuses on providing essential services to disadvantaged children. The mission of Hope Harbor Foundation Inc aligns with that of Hope Harbor, aiming to achieve the same objectives of aiding disadvantaged children. This foundation serves as a vital source of funding for Hope Harbor's initiatives. By providing financial support, Hope Harbor Foundation Inc contributes to the overall goal of improving the lives and well-being of disadvantaged children in need. The foundation's efforts are geared towards ensuring that Hope Harbor can continue its mission of offering essential services to these children, enabling them to overcome the challenges they face and have a brighter future.
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Impact
August, 2024
Hope Harbor Foundation Inc's impact is significant in providing support services to disadvantaged children through its funding of Hope Harbor, Inc. This support plays a crucial role in improving the lives of these children and fulfilling the objectives of both organizations. Through its philanthropic efforts, Hope Harbor Foundation Inc positively impacts the community by addressing the needs of vulnerable children and contributing to their well-being and development.
This information is meant to be a general summary of Hope Harbor 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.
- Investment Income: $30,313
- Gross Receipts: $82,840
Assets and Liabilities:
- Total Assets: $984,724
- Total Liabilities: $0
- Net Assets: $984,724
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Organization Details
Founding Year
2003
Phone
(918) 341-1930Principal Officer
Roger Prock
Main Address
319 EAST BLUE STARR DRIVE, CLAREMORE, OK, 74017
NTEE Category
Code: T11 - Philanthropy
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