Overview
What is Generating Hope Inc?
Generating Hope Inc, with its operational base in Yakima, Washington, is a nonprofit organization primarily known for operating Noah's Ark, a homeless shelter in Wapato. The primary mission of this nonprofit is to extend aid to chronically homeless individuals by providing essential services such as emergency shelter, nutritious meals, hygiene facilities, clothing, and comprehensive case management. Additionally, the organization operates a drop-in facility for day-to-day use, ensuring uninterrupted support for those in need. With a committed workforce of 14 individuals, Generating Hope Inc is dedicated to making a significant impact in the lives of the homeless community within its vicinity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Generating Hope Inc has received an 80% score from Charity Navigator, which reflects a solid performance, particularly in accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting this criterion, and has demonstrated strong fiscal responsibility with a low liabilities to assets ratio of 4.36%. The charity also maintains transparency by documenting board meeting minutes and has a conflict of interest policy in place.
The high program expense ratio of 96.56% indicates that the majority of its funds are directed towards its programs rather than administrative costs, which is a significant strength. This level of financial prudence suggests a commitment to effectively utilizing donations for their intended purposes. While the organization shows strong performance in its financial practices, the lack of additional beacons for evaluation limits a comprehensive assessment of its overall impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Generating Hope Inc legitimate?
Generating Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generating Hope 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: $194,329
For more financial information, click here
What is the mission statement of Generating Hope Inc?
Generating Hope Inc is dedicated to assisting chronically homeless individuals by providing essential services. Their mission encompasses offering emergency shelter, meals, hygiene facilities, clothing, and case management to help these individuals. The organization also operates a drop-in facility that can be utilized for daily needs. The primary goal of Generating Hope Inc is to offer support and resources to these individuals, aiming to improve their living conditions and overall well-being.
Who is the CEO of Generating Hope Inc?
Alan Harris is the President of Generating Hope Inc.
What is the revenue of Generating Hope Inc?
Generating Hope Inc's revenue in 2022 was $465,643.
Who are the executives of Generating Hope Inc and what are their salaries?
The average compensation at Generating Hope Inc during 2022 was $13,881. There are 14 employees and 50 volunteers at Generating Hope Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Generating Hope Inc?
Generating Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Generating Hope Inc
Generating Hope Inc, a nonprofit organization, is dedicated to providing essential services for chronically homeless individuals. Their mission is to offer emergency shelter, nutritious meals, hygiene facilities, clothing, and comprehensive case management. This comprehensive approach aims to improve the lives of those who are homeless, providing them with the necessary support to regain their footing and rebuild their lives. At Generating Hope Inc, they also operate a drop-in facility for day use, offering a safe and welcoming environment for individuals who need temporary respite and assistance.
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Impact
July, 2024
Generating Hope Inc's impact is evident in the lives of chronically homeless individuals in Yakima, WA. Through their Noah's Ark homeless shelter, they provide emergency shelter, meals, hygiene services, clothing, and case management to those in need. This support not only addresses immediate physical needs but also offers a sense of hope and stability to individuals who may otherwise be struggling on the streets. Generating Hope Inc's commitment to providing these vital services makes a significant difference in the lives of those experiencing homelessness in the community.
This information is meant to be a general summary of Generating Hope 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: $12
- Gross Receipts: $465,643
Assets and Liabilities:
- Total Assets: $211,538
- Total Liabilities: $4,104
- Net Assets: $207,434
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Organization Details
Founding Year
2006
Phone
(509) 877-6337Principal Officer
Alan Harris
Main Address
PO Box 1562, Yakima, WA, 98907
NTEE Category
Code: L40 - Housing
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