Overview
What is Sound Of Hope Nfp?
Sound of Hope NFP, also known as Epoch Media Midwest, is a nonprofit organization based in Chicago, Illinois. They are committed to spreading truth and traditional values through independent media, utilizing both printing and broadcasting methods. The organization operates under the mission of disseminating information, aiming to enlighten and influence the community in a positive manner. Sound of Hope NFP's primary activity includes publishing an English newspaper in the Midwest region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Sound Of Hope Nfp has received a One-Star rating from Charity Navigator, indicating serious concerns regarding its accountability and financial practices. The overall score of 56% reflects significant weaknesses, particularly in financial transparency, with a score of 0 out of 15 for financial statements and a lack of publicly available tax documents on its website.
While the organization demonstrates strengths in maintaining a conflict of interest policy, whistleblower protections, and document retention practices, the absence of independent board member oversight raises questions about governance. The board's size is adequate, yet the lack of majority independent members is a notable limitation that affects the organization's credibility.
Additionally, the organization has a solid program expense ratio of 25 out of 25, suggesting that it allocates its funds effectively towards its mission. However, the overall financial health concerns, highlighted by the liabilities to assets ratio score of 0, underscore the need for improved fiscal management and transparency to build trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sound Of Hope Nfp legitimate?
Sound Of Hope Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sound Of Hope Nfp 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 Sound Of Hope Nfp?
Sound of Hope NFP, also known as Epoch Media Midwest, is committed to disseminating truth and traditional values through independent media. Their methods encompass both printing and broadcasting. The organization's primary objective is to champion the spread of truth and traditional values through the mediums they utilize.
Who is the CEO of Sound Of Hope Nfp?
Stacey Tang is the Reporter of Sound Of Hope Nfp.
What is the revenue of Sound Of Hope Nfp?
Sound Of Hope Nfp's revenue in 2022 was $4,668,112.
Who are the executives of Sound Of Hope Nfp and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $44,326
- Related: $0
- Other: $0
- Compensation: $33,340
- Related: $0
- Other: $0
- Compensation: $32,800
- Related: $0
- Other: $0
- Compensation: $14,100
- Related: $0
- Other: $0
Where can I find the form 990 for Sound Of Hope Nfp?
Sound Of Hope Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sound Of Hope Nfp
Sound of Hope NFP, also known as Epoch Media Midwest, is committed to disseminating truth and upholding traditional values through independent media, both in print and broadcasting. This nonprofit organization is devoted to spreading factual information and traditional values, working tirelessly to make a significant impact in the community. Sound of Hope NFP circulates an independent newspaper in the Midwest, serving as a reliable source of news and information for its readers. The organization's mission is to provide an alternative perspective and promote values that resonate with its audience, contributing to a more informed and engaged community.
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Impact
August, 2024
Sound Of Hope Nfp has a significant impact on spreading the truth and traditional values through independent media in the Midwest. Through its dedicated efforts in printing and broadcasting an English newspaper, Sound Of Hope Nfp, also known as Epoch Media Midwest, serves as a valuable source of independent journalism in Chicago, IL. By upholding its mission to promote truth and traditional values, Sound Of Hope Nfp contributes to fostering informed and engaged communities in the region.
This information is meant to be a general summary of Sound Of Hope Nfp. 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: -$17,902
- Program Service Revenue: $4,597,174
- Gross Receipts: $4,686,014
Assets and Liabilities:
- Total Assets: $1,972,734
- Total Liabilities: $1,427,357
- Net Assets: $545,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENGLISH NEWSPAPER PUBLICATION
Revenue
$4,597,174
Organization Details
Founding Year
2004
Principal Officer
Stacey Tang
Main Address
3231 S HALSTED STREET APT 324, CHICAGO, IL, 60608
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