Overview
What is Hope For The Future Charity?
Hope for the Future Charity is a compassionate organization based in Houston, Texas, functioning as a public foundation. Their primary mission is to assist underprivileged individuals, achieving this goal through charitable donations and various programs. As a public charity, they make a significant impact in their community by providing essential aid.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Hope For The Future Charity has received a solid Three-Star rating from Charity Navigator, indicating a good level of performance and accountability in its operations. The charity excels particularly in the areas of accountability and finance, achieving a perfect score in these categories. This strong financial health suggests that the organization manages its resources effectively, ensuring that a high percentage of its expenses directly support its programs.
The organization boasts a fully independent board, with 10 out of 10 points awarded for having an independent board size of three members. This structure is crucial as it helps maintain objectivity in governance and decision-making. Additionally, the charity demonstrates strong practices regarding asset management, with no material diversion of assets reported and a commendable liability-to-assets ratio of 0.00%.
Despite its strengths, the rating indicates that while the charity's performance is commendable, there may be room for growth in areas such as community engagement and program outreach. Continuous improvement in these areas could further enhance its impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hope For The Future Charity legitimate?
Hope For The Future Charity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For The Future Charity 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
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What is the mission statement of Hope For The Future Charity?
Hope for the Future Charity's mission is centered around aiding underprivileged individuals. As a charitable organization, it accomplishes this goal through various programs, primarily focusing on charity donations. The charity operates as a public foundation, striving to make a positive impact in people's lives. Its initiatives aim to provide essential support and resources to those in need. The organization does not specify any geographical location in its mission statement.
Who is the CEO of Hope For The Future Charity?
Susan Meacham is the Director of Hope For The Future Charity.
What is the revenue of Hope For The Future Charity?
Hope For The Future Charity's revenue in 2022 was $38,642.
Who are the executives of Hope For The Future Charity and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Hope For The Future Charity?
Hope For The Future Charity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hope For The Future Charity
Hope For The Future Charity, as a public foundation, is dedicated to aiding underprivileged individuals. Their mission is centered around providing assistance through charitable donations. This nonprofit organization strives to make a difference in people's lives by implementing various programs designed to uplift those in need.
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Impact
August, 2024
Hope For the Future Charity has significantly impacted the lives of underprivileged individuals in Houston, TX. Through its charitable donation programs and philanthropic initiatives, the organization has provided much-needed support and assistance to those in need. Their mission to help underprivileged people has made a positive difference in the community, offering hope and resources to those facing difficult circumstances. Hope For the Future Charity's work has effectively contributed to improving the lives of many individuals and families in Houston.
This information is meant to be a general summary of Hope For The Future Charity. 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.
- Gross Receipts: $38,642
Assets and Liabilities:
- Total Assets: $29,117
- Total Liabilities: $0
- Net Assets: $29,117
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Organization Details
Founding Year
2007
Phone
(713) 552-9499Principal Officer
Susan Meacham
Main Address
2436 PEYTON ROAD, HOUSTON, TX, 77032
NTEE Category
Code: T30 - Philanthropy
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