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Grace And Hope For Children Inc

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

EIN: 201455992 ✦ Richmond, TX ✦ Designated as a 501(c)(3)

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Overview

What is Grace And Hope For Children Inc?

Grace and Hope for Children Inc., based in Troutdale, Oregon, is a nonprofit organization that prioritizes the welfare of orphaned and abandoned children. Their mission is to recruit, train, and financially support foster families, aiming to place eligible children from orphanages into loving foster homes. The organization is dedicated to improving the living conditions and overall care of these children, striving to make a positive impact in their lives. They operate with a team of individuals who share this commitment, working tirelessly to advance the well-being of these vulnerable children.


Official website here: www.grace-hope.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two Stars (73%)

Grace And Hope For Children Inc has received a "Needs Improvement" rating from Charity Navigator, indicating some areas of concern in their operations. While the charity has a good score for accountability and finance, particularly with an independent board and no material diversion of assets, it lacks important policies such as a conflict of interest policy, whistleblower policy, and documentation of board meeting minutes, which could raise concerns about governance practices.

Despite these shortcomings, user feedback highlights the positive impact of Grace And Hope For Children Inc. A client served expressed high satisfaction, praising the organization for its support in providing information about children in foster care in China. The commitment to helping children in difficult circumstances, such as those in orphanages and poverty, is evident from the experiences shared by beneficiaries.

Overall, while the charity has demonstrated strong financial management and a dedicated mission, it is essential for them to address the governance deficiencies noted in their rating. Enhancing their transparency and accountability through the implementation of missing policies could help improve their standing and effectiveness in serving vulnerable children.


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

Is Grace And Hope For Children Inc legitimate?

Grace And Hope For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace And Hope For Children 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


Official website here: www.grace-hope.org

What is the mission statement of Grace And Hope For Children Inc?

Grace and Hope for Children Inc. is committed to advancing the care of orphaned and abandoned children. The organization's mission is to recruit, train, and financially support foster families, with the ultimate goal of placing eligible children from orphanages into loving foster homes. By providing this support, Grace and Hope for Children Inc. aims to improve the lives and well-being of these vulnerable children.


Official website here: www.grace-hope.org

What is the revenue of Grace And Hope For Children Inc?

Grace And Hope For Children Inc's revenue in 2024 was $55,363.


Official website here: www.grace-hope.org

Who are the executives of Grace And Hope For Children Inc and what are their salaries?

Here are 3 key members and their salaries:


Wendi Akers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Khoo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Lommasson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.grace-hope.org

Where can I find the form 990 for Grace And Hope For Children Inc?

Grace And Hope For Children Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.grace-hope.org

Learn more at the official website: www.grace-hope.org

Mission Statement of Grace And Hope For Children Inc

Grace and Hope for Children Inc, as an organization, is committed to advancing the care of orphaned and abandoned children. Their mission is to recruit, train, and financially support foster families. The ultimate goal is to get eligible children out of orphanages and place them in loving foster homes. By providing this support, Grace and Hope for Children Inc aims to make a positive impact on the lives of these children, offering them a chance at a better future.

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Impact




August, 2024

Grace And Hope For Children Inc is dedicated to advancing the care of orphaned and abandoned children. By recruiting, training, and providing financial support for foster families, they strive to get eligible children out of orphanages and into loving homes. This organization based in Troutdale, Oregon, has a mission to ensure that orphaned and abandoned children receive the care and support they deserve. Their work has an impact on helping children find stability and love in foster families, ultimately improving their quality of life and future prospects.




This information is meant to be a general summary of Grace And Hope For Children 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.

Revenue
$55,363 (2024)
Expenses
$109,389 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $89
  • Gross Receipts: $55,363

Assets and Liabilities:

  • Total Assets: $242,314
  • Total Liabilities: $63,625
  • Net Assets: $178,689

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Organization Details

Founding Year

2004

Principal Officer

Wendi Akers

NTEE Category

Code: Q33 - International

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