Overview
What is Friends Of Our Lady Of Hope Parish In Moscow Association?
Friends of Our Lady of Hope Parish in Moscow Association is a nonprofit organization, established in Delaware in 2006, with a mission to support the religious and charitable purposes of Our Lady of Hope Parish in Moscow. This parish, part of the Roman-Catholic Church, is devoted to fostering understanding between Russians and various cultural groups that contribute to its identity, maintaining strong ties to the Catholic Church in the U.S. The Association aims to enhance its fundraising activities to further the religious and charitable goals of the Parish, as outlined in its charter, in accordance with the provisions of Russian law. Specifically, the Association intends to construct a place of worship for Our Lady of Hope in Providence, Rhode Island, USA.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Friends Of Our Lady Of Hope Parish In Moscow Association has received an 80% rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization has a fully independent board, demonstrating a commitment to governance and ethical oversight. Key strengths include a high program expense ratio of 98.02%, meaning that a significant majority of its expenses directly support its programs.
The charity's score reflects its effective management and financial health, with no material diversion of assets and a perfect score in its liabilities to assets ratio, indicating a strong financial position. Additionally, the organization has implemented a conflict of interest policy and maintains documentation of board meeting minutes, which further reinforces its transparency and accountability.
While the overall rating is strong, the Three-Star designation suggests that there may be areas for improvement to reach a higher level of recognition. Nonetheless, Friends Of Our Lady Of Hope Parish In Moscow Association appears to operate with integrity and a strong focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Our Lady Of Hope Parish In Moscow Association legitimate?
Friends Of Our Lady Of Hope Parish In Moscow Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Our Lady Of Hope Parish In Moscow Association 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 Friends Of Our Lady Of Hope Parish In Moscow Association?
The Friends Of Our Lady Of Hope Parish In Moscow Association was established with the purpose of advancing the religious and charitable objectives of Our Lady of Hope Parish. Located outside the provided context, this parish is a part of the Roman-Catholic Church. The association aims to bridge understanding between different groups and traditions within the parish, maintaining its strong ties to the Catholic Church in the United States. To accomplish this, the association intends to enhance its fundraising activities, contributing to the religious and charitable objectives of the parish as outlined in its foundation charter. This is done in accordance with the provisions set forth in the parish's foundation charter under Russian law.
Who is the CEO of Friends Of Our Lady Of Hope Parish In Moscow Association?
Michael Ryan is the Director of Friends Of Our Lady Of Hope Parish In Moscow Association.
What is the revenue of Friends Of Our Lady Of Hope Parish In Moscow Association?
Friends Of Our Lady Of Hope Parish In Moscow Association's revenue in 2022 was $4,540.
Who are the executives of Friends Of Our Lady Of Hope Parish In Moscow Association and what are their salaries?
There 10 volunteers at Friends Of Our Lady Of Hope Parish In Moscow Association.
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Friends Of Our Lady Of Hope Parish In Moscow Association?
Friends Of Our Lady Of Hope Parish In Moscow Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Our Lady Of Hope Parish In Moscow Association
The Friends of Our Lady of Hope Parish in Moscow Association was established with the mission to support the religious and charitable purposes of Our Lady of Hope Parish in Moscow. This association, incorporated in Delaware in December 2006, aims to foster understanding between Russians and various cultural groups that contribute to the identity of the parish. The parish, which is deeply rooted in the Catholic Church, strives to maintain its strong ties with members who have links to the Catholic Church in the United States.
The primary objective of the Friends of Our Lady of Hope Parish in Moscow Association is to advance the religious and charitable purposes of the parish, as outlined in its foundation charter. To achieve this, the association plans to enhance its fundraising activities, working in accordance with the provisions of the parish's foundation charter under Russian law. This mission is crucial in supporting the religious and charitable initiatives of Our Lady of Hope Parish in Moscow, thereby contributing to the broader community.
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Impact
August, 2024
The impact of Friends of Our Lady of Hope Parish in Moscow Association is evident in its efforts to advance the religious and charitable purposes of Our Lady of Hope Parish in Moscow. By providing grants to support the construction of a place of worship for Our Lady of Hope, the association plays a vital role in strengthening the ties of understanding between Russians and different groups and traditions that contribute to the identity of the parish. Through its fundraising activities, the association aims to support the religious and charitable initiatives of the parish, aligning with its mission to foster unity and faith within the community.
This information is meant to be a general summary of Friends Of Our Lady Of Hope Parish In Moscow Association. 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: $4,540
- Gross Receipts: $4,540
Assets and Liabilities:
- Total Assets: $508,696
- Total Liabilities: $0
- Net Assets: $508,696
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Organization Details
Founding Year
2006
Phone
(401) 383-5370Principal Officer
Michael Ryan
Main Address
50 PARK ROW WEST 113, PROVIDENCE, RI, 02903
NTEE Category
Code: X12 - Religion related
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