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Center Of Hope Family Services

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200955193 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

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Overview

What is Center Of Hope Family Services?

Center of Hope Family Services is a nonprofit organization situated in Toledo, Ohio, at 5461 Southwyck Blvd 1-E. Their mission is centered around enhancing the lives of individuals and families residing in urban settings. Their programming encompasses various aspects, including family education, workforce development, adult mentoring, and educational enrichment and tutoring. With a dedicated team of 27 employees, they strive to empower their community through these initiatives.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)

Center Of Hope Family Services has received an 81% rating from Charity Navigator, reflecting a solid level of accountability and financial management. This score is based entirely on the organization’s Accountability & Finance metrics, indicating a strong commitment to transparency and responsible use of funds. The charity's performance is particularly commendable in areas such as having an independent board and an effective audit and oversight committee.

The organization boasts a fully independent board, which is crucial for maintaining unbiased governance. Additionally, it has demonstrated excellent financial practices, with a high program expense ratio of 88.59%, suggesting that a significant portion of its budget is directed towards its charitable programs rather than administrative costs. The presence of comprehensive policies on conflicts of interest, whistleblowing, and document retention further highlights its commitment to ethical operations.

While the rating is strong, specific details about program outcomes or impact on the community served are not provided in the data. This leaves a gap in understanding the overall effectiveness of the charity's initiatives, although its financial accountability is clearly established. Overall, Center Of Hope Family Services appears to be a well-managed organization focused on delivering its mission responsibly.


This AI summary has been generated from information found on Charity Navigator.

Is Center Of Hope Family Services legitimate?

Center Of Hope Family Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center Of Hope Family Services 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: $143,754
Professional Fundraising Fees: $0
Other Salaries and Wages: $465,907

For more financial information, click here

What is the mission statement of Center Of Hope Family Services?

The mission of Center of Hope Family Services, as stated, is focused on enhancing the outcomes for individuals and families residing in urban environments. This is achieved through various programs, such as family education, workforce development, adult mentoring, and educational enrichment and tutoring. The organization's goal is to positively impact these urban communities by providing resources and support, thereby improving their overall quality of life.

Who is the CEO of Center Of Hope Family Services?

Tracee Perryman is the Board Member of Center Of Hope Family Services.

What is the revenue of Center Of Hope Family Services?

Center Of Hope Family Services's revenue in 2022 was $1,445,224.

Who are the executives of Center Of Hope Family Services and what are their salaries?

The average compensation at Center Of Hope Family Services during 2022 was $22,580. There are 27 employees at Center Of Hope Family Services.


Here are 5 key members and their salaries:


Larry Stegall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reginald Temple (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacquelon Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracee Perryman (Executive Director)
  • Compensation: $143,754
  • Related: $0
  • Other: $8,870
Fletcher Word (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Center Of Hope Family Services?

Center Of Hope Family Services's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Center Of Hope Family Services

Center of Hope Family Services is committed to enhancing the lives of individuals and families residing in urban environments. Their mission, as stated, is to bring about positive changes in the life outcomes of these communities. The organization achieves this goal through various programming efforts, including family education, workforce development, adult mentoring, and educational enrichment and tutoring. By providing these services, Center of Hope Family Services aims to empower and support urban families, ultimately contributing to improved life outcomes for its constituents.

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Impact




August, 2024

Center Of Hope Family Services plays a vital role in improving the life outcomes of individuals and families living in urban settings. Through their programming, they provide essential services such as family education, workforce development, adult mentoring, and education enrichment and tutoring. This organization based in Toledo, Ohio, is dedicated to positively impacting the lives of those in urban areas by offering support and resources to help them thrive and succeed. Their focus on human services demonstrates their commitment to addressing the needs of vulnerable populations and making a lasting difference in the community.




This information is meant to be a general summary of Center Of Hope Family Services. 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.

Revenue
$1,445,224 (2022)
Expenses
$1,350,234 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,412,537
  • Gross Receipts: $1,445,224

Assets and Liabilities:

  • Total Assets: $238,763
  • Total Liabilities: $92,969
  • Net Assets: $145,794

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT INCOME

Revenue

$1,409,336

Organization Details

Founding Year

2004

Principal Officer

Tracee Perryman

Main Address

5461 SOUTHWYCK BLVD 1-E, TOLEDO, OH, 43614

NTEE Category

Code: P58 - Human services

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