Overview
What is Hope For Home Ministries?
Hope For Home Ministries is a compassionate nonprofit organization, headquartered in Troy, Ohio, with a mission to provide homes and care for orphans, children, and adults with special needs. Their efforts extend beyond their home base, reaching out to communities in Guatemala and Liberia, two countries with high poverty rates. In Guatemala, they operate four family-based homes for children and a home for adults with special needs, providing them with love, care, and the teachings of Jesus. In Liberia, they offer a refuge for orphaned children and those with special needs, ensuring they receive essential needs such as medical attention, education, and therapy. With a dedicated team of five employees, Hope For Home Ministries strives to bring glory to God by addressing the systemic issues that contribute to the struggles faced by children with special needs.
Official website here: www.hopeforhome.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Hope For Home Ministries has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The rating is solely based on their Accountability & Finance score of 73, which reflects a solid performance in several areas, including a high program expense ratio of 96.56%. This suggests that the majority of their funds are directed towards program services rather than administrative costs.
The organization benefits from having an independent board, with 80% of its members classified as independent, and they maintain a strong liabilities to assets ratio of -5.05%. However, there are notable limitations in their accountability practices, particularly the absence of a conflict of interest policy and a whistleblower policy, which are critical for transparency and ethical governance.
While the organization has positive aspects in terms of financial management and board independence, the missing policies and lack of financial statements indicate areas for improvement. Addressing these deficiencies could enhance their accountability and potentially lead to a better rating in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hope For Home Ministries?
96% of reviewers on Facebook recommend Hope For Home Ministries, based on 7 reviews. Here is a summary of their thoughts:
The sentiment surrounding Hope For Home is overwhelmingly positive, with many highlighting the authenticity and integrity of the organization. Reviewers express satisfaction with how contributions directly benefit the sponsored individuals, emphasizing the non-profit's transparent use of funds. The group home is described as a nurturing environment filled with faith, love, and joy, which resonates well with supporters.
Additionally, the missions trips organized by Hope For Home are praised for their significant impact, with one reviewer noting a transformative experience in Guatemala. Overall, the organization appears to effectively fulfill its mission and create meaningful connections between its work and the lives it touches.
This AI summary has been generated from reviews found on Facebook.
Is Hope For Home Ministries legitimate?
Hope For Home Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Home Ministries 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: $114,813
For more financial information, click here
Official website here: www.hopeforhome.org
What is the mission statement of Hope For Home Ministries?
Hope For Home Ministries' mission is centered around bringing glory to God by providing care for orphans and children with special needs while addressing the systemic issues that contribute to their vulnerability. Their initiatives extend beyond direct care, aiming to address the root causes of special needs, particularly in areas with high poverty rates where resources are scarce. Currently, their partners in Guatemala and Liberia operate homes for children and adults with special needs, providing them with essential needs, medical attention, therapy, education, and love. In addition, they offer spiritual guidance through weekly Bible studies.
Official website here: www.hopeforhome.org
What is the revenue of Hope For Home Ministries?
Hope For Home Ministries's revenue in 2023 was $1,358,194.
Official website here: www.hopeforhome.org
Who are the executives of Hope For Home Ministries and what are their salaries?
The average compensation at Hope For Home Ministries during 2023 was $22,963. There are 5 employees and 66 volunteers at Hope For Home Ministries.
Here are 6 key members and their salaries:
- Compensation: $42,300
- Related: $0
- Other: $13,990
- Compensation: $25,200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hopeforhome.org
Where can I find the form 990 for Hope For Home Ministries?
Hope For Home Ministries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hopeforhome.org
Learn more at the official website: www.hopeforhome.org
Mission Statement of Hope For Home Ministries
Hope For Home Ministries exists with the purpose of bringing glory to God by offering care and support to orphans and children with special needs, while also addressing the systemic issues that contribute to their vulnerability. The organization's mission is centered around two key areas: providing homes and addressing systemic issues.
In terms of homes, Hope For Home Ministries partners with organizations in Guatemala and Liberia to operate family-based homes for children and adults with special needs. In Guatemala, 35 children and adults receive care and learn about the love of Jesus in these homes, which also provide necessities such as food and clothing. Similarly, in Liberia, orphan children receive medical attention, therapy, education, love, and all their medical needs are met, with single mothers or widows living in the boarding house. Additionally, there are 28 children with special needs living in 7 group homes, receiving food, housing, clothing, weekly Bible studies, an education, and medical care.
Beyond providing homes, Hope For Home Ministries is also committed to addressing the systemic issues that contribute to the vulnerability of orphans and children with special needs. In Guatemala, where over 75% of the population lives below the poverty line, children with special needs often suffer the most. Hope For Home Ministries partners aim to address these issues by providing care and love, helping these children overcome the challenges they face.
In Liberia, where people with disabilities are often abused and mistreated due to superstition, Hope For Home Ministries partners provide a refuge for orphan children and those with special needs. By addressing these systemic issues, Hope For Home Ministries strives to bring about positive change and improve the lives of these vulnerable children. In doing so, they bring glory to God by demonstrating His love and care for all, regardless of their circumstances.
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Impact
October, 2024
Hope For Home Ministries creates a profound impact by providing essential care and support for orphans and individuals with special needs in Guatemala and Liberia. In Guatemala, over 75% of the population lives below the poverty line, exacerbating the challenges faced by the most vulnerable, particularly those with disabilities. Through family-based homes, the organization ensures that 35 children and adults receive not only physical care but also spiritual nurturing.
In Liberia, a country marked by extreme poverty, the situation is dire for orphans and individuals with special needs, who often fall victim to abuse and superstition. Hope For Home Ministries offers refuge to 14 orphaned children and supports 28 individuals in seven group homes, where they receive comprehensive care, including medical attention, therapy, education, and love from dedicated caregivers. By addressing both immediate needs and the systemic issues contributing to these challenges, the ministry fosters a supportive environment that promotes dignity, hope, and empowerment for some of the world's most vulnerable populations.
This information is meant to be a general summary of Hope For Home Ministries. 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: $44,066
- Gross Receipts: $1,358,394
Assets and Liabilities:
- Total Assets: $531,153
- Total Liabilities: -$26,784
- Net Assets: $557,937
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ministry Service Teams
Revenue
$43,838
Organization Details
Founding Year
2008
Principal Officer
Emily Mcfadden
Website
www.hopeforhome.orgNTEE Category
Code: P30 - Human services
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