Overview
What is Kids N Hope Foundation Inc Co American Heritage Federal Credit Union?
Kids N Hope Foundation Inc Co American Heritage Federal Credit Union is a nonprofit organization based in Philadelphia, Pennsylvania, specifically at 2068 Red Lion Road. Their primary mission is to support the Children's Hospital of Philadelphia's music therapy program, utilizing music as a therapeutic tool to positively impact the psychological, physical, cognitive, or social functioning of individuals with health or educational issues. They achieve this mission through their workplace partnership program, extending their services to other local hospitals and non-profit organizations. The foundation's activities are centered around providing children's health and life services, with a specific focus on music therapy.
Official website here: www.kidsnhope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
The Kids N Hope Foundation Inc Co American Heritage Federal Credit Union has received a strong 92% rating from Charity Navigator, reflecting its high level of accountability and financial health. The rating is based solely on its performance in the Accountability & Finance beacon, where it scored exceptionally well in areas such as board independence and financial transparency. The organization has a fully independent board and effectively manages its financial statements, indicating robust governance practices.
However, the foundation does have some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, both of which are important for ensuring proper governance and transparency. Despite these shortcomings, the foundation maintains a very low liabilities-to-assets ratio and an impressive program expense ratio of 91.26%, suggesting that it allocates a significant portion of its resources directly toward its mission.
Overall, the Kids N Hope Foundation demonstrates strong financial practices and governance, but should address its policy gaps to enhance its accountability framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Kids N Hope Foundation Inc Co American Heritage Federal Credit Union legitimate?
Kids N Hope Foundation Inc Co American Heritage Federal Credit Union is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kids N Hope Foundation Inc Co American Heritage Federal Credit Union 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:
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For more financial information, click here
Official website here: www.kidsnhope.org
What is the mission statement of Kids N Hope Foundation Inc Co American Heritage Federal Credit Union?
The Kids N Hope Foundation Inc, in collaboration with American Heritage Federal Credit Union, is dedicated to providing children's health and life services, primarily through music therapy. This initiative is part of the credit union's workplace partnership program. The mission of the foundation is to support the Children's Hospital of Philadelphia's music therapy program, utilizing the prescribed use of music by qualified professionals to bring about positive changes in the psychological, physical, cognitive, or social functioning of individuals facing health or educational challenges. The foundation also extends its services to other local hospitals and non-profit organizations, aiming to enhance the well-being of these children.
Official website here: www.kidsnhope.org
What is the revenue of Kids N Hope Foundation Inc Co American Heritage Federal Credit Union?
Kids N Hope Foundation Inc Co American Heritage Federal Credit Union's revenue in 2024 was $783,027.
Official website here: www.kidsnhope.org
Who are the executives of Kids N Hope Foundation Inc Co American Heritage Federal Credit Union and what are their salaries?
There 40 volunteers at Kids N Hope Foundation Inc Co American Heritage Federal Credit Union.
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Official website here: www.kidsnhope.org
Where can I find the form 990 for Kids N Hope Foundation Inc Co American Heritage Federal Credit Union?
Kids N Hope Foundation Inc Co American Heritage Federal Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.kidsnhope.org
Learn more at the official website: www.kidsnhope.org
Mission Statement of Kids N Hope Foundation Inc Co American Heritage Federal Credit Union
Kids N Hope Foundation Inc, in collaboration with American Heritage Federal Credit Union, is committed to providing children's health and life services, with a primary focus on music therapy. This mission is carried out through their Workplace Partnership Program, which allows them to support various hospitals and non-profit organizations in the vicinity. The foundation's main objective is to aid the Children's Hospital of Philadelphia in implementing their music therapy program. This program, led by qualified professionals, employs music as a therapeutic tool to bring about positive changes in children with health or educational challenges, enhancing their psychological, physical, cognitive, or social functioning. By partnering with local hospitals and organizations, Kids N Hope Foundation Inc extends its reach and contributes to improving the well-being of numerous children in need.
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Impact
July, 2024
Kids N Hope Foundation Inc Co American Heritage Federal Credit Union's impact is significant in providing children's health and life services, specifically through music therapy at the Children's Hospital of Philadelphia and other local hospitals and non-profit organizations within the American Heritage FCU's workplace partnership program. The foundation supports the Children's Hospital of Philadelphia's music therapy program, which utilizes music as a tool to effect positive changes in the psychological, physical, cognitive, or social functioning of individuals with health or educational problems. Their mission is focused on enhancing the well-being of children through music therapy services, making a positive impact on the lives of those in need.
This information is meant to be a general summary of Kids N Hope Foundation Inc Co American Heritage Federal Credit Union. 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 2024.
- Investment Income: $621
- Gross Receipts: $873,379
Assets and Liabilities:
- Total Assets: $355,738
- Total Liabilities: $0
- Net Assets: $355,738
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Organization Details
Founding Year
1996
Principal Officer
Bruce Foulke
Website
www.kidsnhope.orgNTEE Category
Code: P30 - Human services
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