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Hopeethiopia Inc

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

EIN: 204237175 ✦ Sunnyvale, CA ✦ Designated as a 501(c)(3)

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Overview

What is Hopeethiopia Inc?

Hopeethiopia Inc is a nonprofit organization situated in Sunnyvale, California, with a focus on aiding Ethiopia. Their primary mission is to collaborate with selected Ethiopian nonprofit organizations, aiming to alleviate challenges faced by the country, particularly extreme poverty, health issues, and limited educational opportunities for orphaned and impoverished Ethiopian children. They raise funds for various projects, including the completion of a school building in Sintaro, scholarships for students at the Sintaro School, organizational expenses, construction of a classroom building in Roggie Village, student sponsorships, project management, and administrative costs. Additionally, they support community development projects in Ethiopia.


Official website here: www.hopeethiopia.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Hopeethiopia Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score in accountability and finance. The charity's overall rating is based entirely on its performance in this area, indicating that it has strong financial management and oversight practices.

The organization shows a commitment to transparency and governance, with 60% of its board members being independent and a clear conflict of interest policy in place. Additionally, it has documented board meeting minutes and has demonstrated no material diversion of assets, which is indicative of sound operational practices.

However, it is important to note that while the financial metrics are strong, the rating reflects only accountability and finance, lacking additional beacons such as impact or results. Potential donors may want to seek more detailed information about the charity's program effectiveness and overall impact before making contributions.


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

Is Hopeethiopia Inc legitimate?

Hopeethiopia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopeethiopia 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.hopeethiopia.org

What is the mission statement of Hopeethiopia Inc?

Hopeethiopia Inc's mission is centered around assisting selected Ethiopian nonprofit organizations in uplifting the nation. Their primary focus is on alleviating issues such as extreme poverty, health concerns, and limited educational opportunities in Ethiopia, particularly for orphaned and destitute children. To achieve this, Hopeethiopia Inc provides funding for various projects, including the completion of school buildings, student scholarships, organizational expenses, construction of classrooms, student sponsorships, project management, and administrative expenses. Furthermore, they support community development projects.


Official website here: www.hopeethiopia.org

Who is the CEO of Hopeethiopia Inc?

Anita L Lee is the President of Hopeethiopia Inc.


Official website here: www.hopeethiopia.org

What is the revenue of Hopeethiopia Inc?

Hopeethiopia Inc's revenue in 2022 was $965,554.


Official website here: www.hopeethiopia.org

Who are the executives of Hopeethiopia Inc and what are their salaries?

There 9 volunteers at Hopeethiopia Inc.


Here are 6 key members and their salaries:


Nathaniel Y Chan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita L Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Taggart (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Bomze (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Kilner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alissa Shook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopeethiopia.org

Where can I find the form 990 for Hopeethiopia Inc?

Hopeethiopia Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopeethiopia.org

Learn more at the official website: www.hopeethiopia.org

Mission Statement of Hopeethiopia Inc

Hopeethiopia Inc, a nonprofit organization, aims to bring hope to Ethiopia by collaborating with selected local Ethiopian nonprofit organizations. The primary focus of Hopeethiopia Inc's mission is to address and alleviate issues of extreme poverty, health concerns, and limited educational opportunities for orphaned and destitute children in Ethiopia.

To accomplish this mission, Hopeethiopia Inc provides funding for various projects. They support the completion of a school building project in Sintaro, offer scholarships to students at the Hope Enterprises Sintaro School, cover organizational expenses at their headquarters, fund the construction of a classroom building in Roggie Village, sponsor individual students, and cover project management and administrative expenses. The organization's efforts also extend to community development projects.

In essence, Hopeethiopia Inc serves as a source of assistance for Ethiopian children and communities in need, working tirelessly to improve their living conditions and provide them with the educational opportunities they deserve. Through their collaborative efforts with local nonprofit organizations, they strive to make a significant impact in Ethiopia, addressing the challenges of poverty, health, and education head-on.

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Impact




October, 2024

Hopeethiopia Inc has made a significant impact in Ethiopia by addressing critical issues such as extreme poverty, health concerns, and the lack of educational opportunities for orphaned and destitute children. The organization collaborates with selected Ethiopian partners to fund essential initiatives that bring about tangible improvements in communities.

One of their notable projects is the Sintaro School Building Project, which aims to enhance educational infrastructure. By providing funding for the completion of this project, Hopeethiopia Inc contributes to creating a conducive learning environment for children in the region. Additionally, the organization supports student scholarships at the Sintaro School, ensuring that more children have access to education despite financial barriers.

In Roggie Village, Hopeethiopia Inc is furthering its impact by financing the construction of a classroom building, thereby expanding educational opportunities in underserved areas. The organization also focuses on student sponsorships, allowing individuals to support specific children, which fosters a direct connection and encourages community involvement.

Beyond education, Hopeethiopia Inc supports various community development projects, improving overall living conditions, and addressing the multifaceted challenges faced by vulnerable populations. Through effective project management and administration, the organization ensures that resources are utilized efficiently to maximize their positive outcomes, fostering hope and resilience within Ethiopian communities.




This information is meant to be a general summary of Hopeethiopia 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
$965,554 (2022)
Expenses
$889,423 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,939
  • Gross Receipts: $965,554

Assets and Liabilities:

  • Total Assets: $695,648
  • Total Liabilities: $0
  • Net Assets: $695,648

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Organization Details

Founding Year

2005

Principal Officer

Anita L Lee

Main Address

PO BOX 71055, SUNNYVALE, CA, 94086

NTEE Category

Code: Q33 - International

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