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Sights For Hope Endowment Foundation

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

EIN: 232129736 ✦ Allentown, PA ✦ Designated as a 501(c)(3)

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Overview

What is Sights For Hope Endowment Foundation?

The Sights for Hope Endowment Foundation is a nonprofit organization situated in Allentown, Pennsylvania, with a primary focus on supporting the operations and activities of the Center for Vision Loss, Inc. Their mission revolves around providing essential aid and resources to this institution, thereby contributing to its overall functioning and success. By doing so, the foundation plays a crucial role in advancing the cause of vision loss and assisting those affected by it.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Sights For Hope Endowment Foundation has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is based entirely on Accountability & Finance metrics, indicating a strong focus on financial transparency and responsible management of funds. The charity achieved top scores in areas such as independent board membership and documentation of board meeting minutes, showcasing a commitment to governance and oversight.

The foundation excels in its financial health, with a remarkable program expense ratio of 94.44%, demonstrating that a significant portion of its funds go directly to its programs. Additionally, the organization has no liabilities, which suggests a strong financial position. The foundation's practices, such as posting tax forms on its website, contribute positively to its accountability profile.

Despite the positive aspects, the rating highlights that the overall score is derived from a single beacon score, indicating limited insight into other operational dimensions. While the current financial metrics are strong, potential donors may want to consider additional factors before making a contribution to ensure alignment with their philanthropic goals.


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

Is Sights For Hope Endowment Foundation legitimate?

Sights For Hope Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sights For Hope Endowment Foundation 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

What is the mission statement of Sights For Hope Endowment Foundation?

The Sights For Hope Endowment Foundation's mission is centered around supporting the operations and activities of an organization focused on vision loss. In simpler terms, the foundation's role is to bolster the initiatives and day-to-day operations of a center dedicated to addressing vision-related issues. This support likely extends to research, resources, and services aimed at mitigating and managing vision loss.

Who is the CEO of Sights For Hope Endowment Foundation?

Martin Lang is the Vice President of Sights For Hope Endowment Foundation.

What is the revenue of Sights For Hope Endowment Foundation?

Sights For Hope Endowment Foundation's revenue in 2022 was $557,828.

Who are the executives of Sights For Hope Endowment Foundation and what are their salaries?


Here are 7 key members and their salaries:


Todd Donnelly (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Pave (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Lang (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Gerhart Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Vogrins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Reilly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sharkey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sights For Hope Endowment Foundation?

Sights For Hope Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sights For Hope Endowment Foundation

Sights For Hope Endowment Foundation is dedicated to upholding the operations and activities of an organization focused on vision loss. In simpler terms, this nonprofit organization supports the center for vision loss in its various endeavors. By providing financial assistance, Sights For Hope Endowment Foundation ensures the smooth functioning of the center, enabling it to continue its mission of aiding individuals affected by vision impairment. The foundation's mission is crucial in providing a supportive environment for those dealing with vision loss, enabling them to navigate their daily lives with increased confidence and independence.

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Impact




July, 2024

Sights For Hope Endowment Foundation's impact is significant in supporting the operations and activities of the Center for Vision Loss in Allentown, Pennsylvania. By providing crucial resources and funding, the foundation helps enhance services for individuals affected by vision impairment. This support ultimately enables the Center for Vision Loss to better serve its community and fulfill its mission of providing essential vision-related assistance.




This information is meant to be a general summary of Sights For Hope Endowment Foundation. 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
$557,828 (2022)
Expenses
$384,668 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $124,671
  • Gross Receipts: $689,019

Assets and Liabilities:

  • Total Assets: $2,947,076
  • Total Liabilities: $0
  • Net Assets: $2,947,076

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Organization Details

Founding Year

1981

Principal Officer

Martin Lang

Main Address

845 W WYOMING ST, ALLENTOWN, PA, 18103

NTEE Category

Code: G41J - Disease

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