Overview
What is Cradle Of Hope Inc?
Cradle of Hope Inc., situated in Jenkintown, Pennsylvania, is a compassionate nonprofit organization dedicated to supporting single mothers and their children. With a workforce of five dedicated individuals, the organization offers transitional housing, offering a safe and nurturing environment for families in need. The mission of Cradle of Hope Inc. extends beyond providing shelter, offering counseling services to empower mothers and expecting mothers navigating through challenging circumstances. The nonprofit's commitment to community well-being is evident in its provision of educational resources and study opportunities for mothers, aiming to uplift their lives and secure a brighter future for their families.
Official website here: www.cradleofhope.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Cradle Of Hope Inc has achieved an impressive score of 97%, indicating a strong commitment to accountability and finance. This rating is based solely on the organization’s performance in these areas, demonstrating its transparency and responsible management of resources. The organization has a fully independent board, which enhances its governance and decision-making processes.
Key strengths include a high program expense ratio of nearly 80%, which suggests that a significant portion of its funds is directed towards its mission-driven programs. Additionally, the organization adheres to best practices by having conflict of interest and whistleblower policies in place, as well as maintaining thorough documentation of board meeting minutes.
While the data indicates robust financial health, with a minimal liabilities to assets ratio of 0.85%, there are no significant limitations noted in the available information. Overall, Cradle Of Hope Inc appears to be a well-managed nonprofit focused on making a positive impact.
This AI summary has been generated from information found on Charity Navigator.
Is Cradle Of Hope Inc legitimate?
Cradle Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cradle Of Hope Inc 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
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Other Salaries and Wages: $119,002
For more financial information, click here
Official website here: www.cradleofhope.net
What is the mission statement of Cradle Of Hope Inc?
Cradle of Hope Inc's mission is centered around providing assistance to single mothers and their children in need. Their primary objective is to offer transitional housing, accompanied by counseling, to help these mothers regain their footing. Additionally, they provide social services to pregnant women experiencing crises, aiming to offer them necessary support during challenging times. The organization's ultimate goal is to empower these mothers through education, enabling them to lead more stable lives for themselves and their children.
Official website here: www.cradleofhope.net
Who is the CEO of Cradle Of Hope Inc?
Theresa Supka is the President of Cradle Of Hope Inc.
Official website here: www.cradleofhope.net
What is the revenue of Cradle Of Hope Inc?
Cradle Of Hope Inc's revenue in 2022 was $918,910.
Official website here: www.cradleofhope.net
Who are the executives of Cradle Of Hope Inc and what are their salaries?
The average compensation at Cradle Of Hope Inc during 2022 was $23,800. There are 5 employees and 278 volunteers at Cradle Of Hope Inc.
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Official website here: www.cradleofhope.net
Where can I find the form 990 for Cradle Of Hope Inc?
Cradle Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cradleofhope.net
Learn more at the official website: www.cradleofhope.net
Mission Statement of Cradle Of Hope Inc
Cradle of Hope Inc, a nonprofit organization, is dedicated to providing a sanctuary for single mothers and their children. Its mission encompasses two main objectives: offering transitional housing and supplying counseling and educational support to the mothers. The organization seeks to empower these women in crisis by providing them with a safe and nurturing environment, coupled with counseling services to aid in their personal growth. Additionally, Cradle of Hope Inc extends its support to pregnant women in need, offering them necessary social services to help them navigate through challenging times.
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Impact
October, 2024
Cradle Of Hope Inc significantly impacts the lives of single mothers and their children by offering transitional housing coupled with essential support services. Located in Jenkintown, PA, the organization provides a safe environment where mothers can stabilize their living conditions and focus on their personal development and well-being.
Through counseling and educational programs, Cradle Of Hope empowers mothers with the tools and resources necessary to navigate challenges, enhance their life skills, and improve their overall quality of life. Additionally, by offering critical social services to pregnant women facing crisis situations, the organization plays a vital role in ensuring that both mothers and their children receive the support they need for a healthier future. This holistic approach fosters resilience and self-sufficiency, ultimately contributing to stronger family units and healthier communities.
This information is meant to be a general summary of Cradle Of Hope Inc. 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: $928,722
Assets and Liabilities:
- Total Assets: $1,092,352
- Total Liabilities: $11,882
- Net Assets: $1,080,470
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Organization Details
Founding Year
1997
Phone
(215) 572-5937Principal Officer
Theresa Supka
Main Address
1657 The Fairway 140, Jenkintown, PA, 19046
Website
www.cradleofhope.netNTEE Category
Code: P80 - Human services
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