Overview
What is Hanot Foundation Inc?
Hanot Foundation Inc, located in Lockerford, California, is a nonprofit organization dedicated to providing care for individuals with developmental disabilities. Serving 35 clients, the foundation's primary mission is to offer residential support within the Hanot-Lockerford facility. With a team of 36 employees, the Hanot Foundation's mission is to ensure these individuals receive the necessary care and attention to enhance their quality of life. The organization's work extends beyond basic care, providing a supportive environment that contributes positively to the overall well-being of its residents.
Official website here: www.hanotfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Hanot Foundation Inc has earned a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 96%, the organization shows strong adherence to governance practices, including 100% independent board members and comprehensive financial reporting, reflected in perfect scores for their audit and conflict of interest policies.
Strengths of the Hanot Foundation include a favorable program expense ratio of 87.28%, illustrating that a significant majority of its funds are directed towards programs rather than administrative costs. The organization also maintains a low liabilities to assets ratio of 10.92%, signifying a solid financial standing. Transparency is further supported by their published financial statements and documented board meeting minutes.
While the data does not highlight any major limitations, overall, the Hanot Foundation demonstrates a commitment to effective governance and responsible financial management, making it a trustworthy option for potential donors looking to support impactful charitable initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Hanot Foundation Inc legitimate?
Hanot Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hanot Foundation 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: $98,045
Professional Fundraising Fees: $0
Other Salaries and Wages: $938,075
For more financial information, click here
Official website here: www.hanotfoundation.org
What is the mission statement of Hanot Foundation Inc?
The Hanot Foundation Inc's mission is centered around providing care for individuals with developmental disabilities. They accomplish this by offering residential services at the Hanot-Lockedorf facility. The foundation's primary objective is to cater to the needs of these individuals, ensuring they receive the necessary support and care. As of the provided information, 35 clients are being served by the foundation.
Official website here: www.hanotfoundation.org
What is the revenue of Hanot Foundation Inc?
Hanot Foundation Inc's revenue in 2023 was $1,747,565.
Official website here: www.hanotfoundation.org
Who are the executives of Hanot Foundation Inc and what are their salaries?
The average compensation at Hanot Foundation Inc during 2023 was $28,781. There are 36 employees and 11 volunteers at Hanot Foundation Inc.
Here are 12 key members and their salaries:
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Official website here: www.hanotfoundation.org
Where can I find the form 990 for Hanot Foundation Inc?
Hanot Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hanotfoundation.org
Learn more at the official website: www.hanotfoundation.org
Mission Statement of Hanot Foundation Inc
Hanot Foundation Inc, a nonprofit organization, is dedicated to providing care for individuals with developmental disabilities. Their mission is centered around serving as a residential facility for these individuals, ensuring they receive the necessary support they require. With a client base of 35 individuals, the foundation is committed to making a significant impact in their lives. By offering care within their facility, Hanot Foundation Inc aims to create an environment that fosters growth, safety, and overall improvement for those with developmental disabilities.
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Impact
October, 2024
Hanot Foundation Inc significantly impacts the lives of developmentally disabled individuals by providing dedicated care and support at the Hanot-Lockeford facility in Lockeford, California. By serving 35 clients, the foundation creates a nurturing environment where residents receive personalized assistance tailored to their unique needs. This commitment to quality care not only enhances the daily lives of the clients but also fosters their sense of community and belonging. The foundation’s mission focuses on empowering these individuals, helping them to thrive and engage meaningfully in their surroundings. Through its efforts, Hanot Foundation Inc plays a critical role in promoting inclusivity and dignity for developmentally disabled individuals within the community.
This information is meant to be a general summary of Hanot Foundation 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 2023.
- Program Service Revenue: $1,672,114
- Gross Receipts: $1,775,660
Assets and Liabilities:
- Total Assets: $939,652
- Total Liabilities: $85,651
- Net Assets: $854,001
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT RENTAL INCOME
Revenue
$456,425
TENANT RENTAL INCOME
Revenue
$1,116,817
TENANT TRANSPORTATION
Revenue
$98,872
Organization Details
Founding Year
1974
Principal Officer
Laura Reeves
Website
www.hanotfoundation.orgNTEE Category
Code: P82Z - Human services
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