Overview
What is Key Of Hope?
Key of Hope is an international nonprofit organization based in Durban, South Africa. Their primary focus is to assist children impacted by poverty and AIDS, offering them hope through long-term mentoring relationships. The organization, with a small team of eight employees, distributes essential humanitarian supplies to those in need. Key of Hope's mission is to make a positive impact on these children's lives by providing them with support and guidance, helping them overcome their challenges and find a brighter future.
Official website here: www.keyofhope.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 78% (Three-Star out of Four Star rating)
Key Of Hope has received a Three-Star rating from Charity Navigator, indicating a solid performance in various operational aspects. The organization scored particularly high in Leadership & Adaptability with a perfect score of 100, demonstrating effective governance and a robust approach to leadership development. Additionally, the charity maintains a strong Culture & Community score of 89, reflecting its commitment to creating a positive environment both internally and externally.
Financially, Key Of Hope shows a Program Expense Ratio of 67.20%, which suggests that a significant portion of its resources is directed toward its programs rather than administrative costs. The organization boasts a 100% independent board, which enhances its accountability and decision-making processes. Furthermore, the absence of material diversion of assets and the provision of essential governance documents indicate a transparent and responsible management structure.
Despite its strong scores, the Accountability & Finance Score of 74 suggests room for improvement in financial management practices. Although the charity performs well overall, it may benefit from increased focus on financial strategies to enhance its sustainability and impact further.
This AI summary has been generated from information found on Charity Navigator.
Is Key Of Hope legitimate?
Key Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Key Of Hope 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: $47,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,457
For more financial information, click here
Official website here: www.keyofhope.org
What is the mission statement of Key Of Hope?
Key of Hope is an international non-profit organization that focuses on providing hope to children affected by poverty and AIDS. They achieve this goal through long-term mentoring relationships. The organization's mission is to introduce these children to the hope found in Jesus Christ, aiming to make a significant and lasting impact on their lives. In practice, they distribute humanitarian supplies to orphans in Durban, KwaZulu-Natal, South Africa. Overall, Key of Hope seeks to provide support and guidance to these vulnerable children, helping them navigate their challenges and fostering their personal growth.
Official website here: www.keyofhope.org
Who is the CEO of Key Of Hope?
Daniel M Smither is the President of Key Of Hope.
Official website here: www.keyofhope.org
What is the revenue of Key Of Hope?
Key Of Hope's revenue in 2022 was $980,542.
Official website here: www.keyofhope.org
Who are the executives of Key Of Hope and what are their salaries?
The average compensation at Key Of Hope during 2022 was $30,432. There are 8 employees at Key Of Hope.
Here are 8 key members and their salaries:
- Compensation: $47,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.keyofhope.org
Where can I find the form 990 for Key Of Hope?
Key Of Hope's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.keyofhope.org
Learn more at the official website: www.keyofhope.org
Mission Statement of Key Of Hope
Key of Hope, an international non-profit organization, aims to bring hope to children affected by poverty and AIDS in a meaningful way. They accomplish this mission through the establishment of long-term mentoring relationships. By doing so, they introduce these children to the hope found in Jesus Christ. The organization's work is centered around providing support and guidance, offering these children a chance at a brighter future. In addition, Key of Hope has been known to distribute humanitarian supplies to orphans in Durban, KwaZulu-Natal, South Africa.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Key Of Hope has a profound impact on the lives of children affected by poverty and AIDS in Durban, South Africa. By establishing long-term mentoring relationships, it provides not only emotional and spiritual support but also practical assistance to orphans in the region. Humanitarian supplies are distributed to these vulnerable children, addressing their immediate needs and fostering a sense of hope in their futures. Through its commitment to uplifting the lives of these young individuals, Key Of Hope is making a significant difference in their communities, instilling values and resilience that empower them to overcome the challenges they face.
This information is meant to be a general summary of Key Of Hope. 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: $16
- Gross Receipts: $1,155,830
Assets and Liabilities:
- Total Assets: $245,480
- Total Liabilities: $70,116
- Net Assets: $175,364
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2006
Principal Officer
Daniel M Smither
Main Address
P O BOX 210567, AUBURN HILLS, MI, 48321
Website
www.keyofhope.orgNTEE Category
Code: Q30 - International
If you are a representative of Key Of Hope and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.