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Village Of Hope Learning Center

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

EIN: 261280196 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Village Of Hope Learning Center?

Village of Hope Learning Center is a nonprofit organization dedicated to offering educational support services to children of all ages, irrespective of their financial background. Their primary mission is to ensure that every child receives quality education. The center's activities are centered around this mission, providing a comprehensive range of support services to help children succeed academically. This includes but is not limited to offering resources, guidance, and assistance to children in their educational journey. The center's commitment to inclusivity and equal educational opportunities sets it apart, making it a valuable resource for families in need.


Official website here: www.villageofhopelearningcenter.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating

Village Of Hope Learning Center has received a low rating of 53% from Charity Navigator, indicating concerns regarding its financial health and governance practices. The organization has a significant lack of independent board members, with 0% noted, which raises questions about oversight and accountability. While it has some strengths, such as a good program expense ratio of 76.70%, the absence of financial statements and independent members on its board are critical weaknesses.

In terms of accountability, the organization has implemented several essential policies, including conflict of interest, whistleblower, and document retention policies. However, the missing financial documents, specifically the posting of its tax form on the nonprofit's website, further diminishes trust in its transparency. The liabilities to assets ratio of 67.88% reflects potential financial strain, which is an area of concern for stakeholders.

Overall, while Village Of Hope Learning Center demonstrates a commitment to certain governance practices, the lack of independent board oversight and missing financial information highlight significant limitations that may affect its effectiveness and credibility in the nonprofit sector. Potential donors and supporters should consider these factors when evaluating the organization's reliability and impact.


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

Is Village Of Hope Learning Center legitimate?

Village Of Hope Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Of Hope Learning Center 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: $136,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $318,416

For more financial information, click here


Official website here: www.villageofhopelearningcenter.com

What is the mission statement of Village Of Hope Learning Center?

The Village of Hope Learning Center, committed to its mission, strives to offer educational support services to children of all ages, irrespective of their financial background. The primary objective of this learning center is to ensure that every child receives an education. It prioritizes accessibility and equity in education, aiming to make quality education available to all. The center's mission reflects a dedication to fostering learning opportunities for all children, thereby contributing to their overall development and future success.


Official website here: www.villageofhopelearningcenter.com

Who is the CEO of Village Of Hope Learning Center?

Joyce Patton is the Director of Village Of Hope Learning Center.


Official website here: www.villageofhopelearningcenter.com

What is the revenue of Village Of Hope Learning Center?

Village Of Hope Learning Center's revenue in 2022 was $771,754.


Official website here: www.villageofhopelearningcenter.com

Who are the executives of Village Of Hope Learning Center and what are their salaries?

The average compensation at Village Of Hope Learning Center during 2022 was $28,442. There are 16 employees and 4 volunteers at Village Of Hope Learning Center.


Here are 4 key members and their salaries:


Village Of Hope Learning Center (Director)
  • Compensation: $30,400
  • Related: $0
  • Other: $0
Village Of Hope Learning Center (Secretary)
  • Compensation: $29,200
  • Related: $0
  • Other: $0
Village Of Hope Learning Center (Treasurer)
  • Compensation: $37,360
  • Related: $0
  • Other: $0
Village Of Hope Learning Center (Director)
  • Compensation: $38,250
  • Related: $0
  • Other: $0


Official website here: www.villageofhopelearningcenter.com

Where can I find the form 990 for Village Of Hope Learning Center?

Village Of Hope Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.villageofhopelearningcenter.com

Learn more at the official website: www.villageofhopelearningcenter.com

Mission Statement of Village Of Hope Learning Center

Village of Hope Learning Center, a nonprofit organization, is dedicated to providing education support services to children of all ages, irrespective of their financial background. Their mission is to educate every child they come into contact with, ensuring no child is left behind due to financial constraints. The center offers its services with the belief that every child deserves quality education, regardless of their socio-economic status.

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Impact




October, 2024

Village Of Hope Learning Center has made a significant impact on the educational landscape of Chicago by providing essential support services to children of all ages, irrespective of their financial background. By prioritizing inclusive education, it ensures that every child has access to the resources and opportunities necessary for learning and growth. This commitment not only fosters academic success but also cultivates a supportive environment where children can thrive emotionally and socially. Through its programs, the center empowers students, helping them to build confidence and develop essential skills that will benefit them throughout their lives. By focusing on the holistic development of each child, Village Of Hope Learning Center contributes to stronger, more resilient communities in the Chicago area.




This information is meant to be a general summary of Village Of Hope Learning Center. 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
$771,754 (2022)
Expenses
$718,307 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $748,054
  • Gross Receipts: $771,754

Assets and Liabilities:

  • Total Assets: $1,332,795
  • Total Liabilities: $904,755
  • Net Assets: $428,040

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUBSIDIZED TUITION RECEIVED FROM STATE OF ILLINOIS

Revenue

$672,986

TUITION RECEIVED FROM PARENTS

Revenue

$13,031

DAY CARE RESOURCES FOOD SUPPLY

Revenue

$62,037

Organization Details

Founding Year

2017

Principal Officer

Joyce Patton

Main Address

1400 S KOLIN AVE, Chicago, IL, 60623

NTEE Category

Code: P33 - Human services

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