Overview
What is The Hamels Foundation Inc?
The Hamels Foundation Inc, based in Springfield, Missouri, is a nonprofit organization with a dual mission. They strive to enhance educational opportunities for children in the United States by supporting schools and education-focused nonprofit entities. This aid includes creating stimulating learning environments, funding high-quality educational programs, and supplying necessary resources to foster learning. Simultaneously, they partner with GAIA to construct schools in Malawi, Africa. Their mission is deeply rooted in empowering children, providing them with the tools essential for achieving their goals, and enriching their lives through the transformative power of education. Despite having a modest workforce of one employee, their impact is far-reaching, encompassing both domestic and international initiatives.
Official website here: www.thehamelsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Hamels Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization has a high program expense ratio of 80.25%, indicating that the majority of its funds are directed toward its programs rather than administrative costs. Their independent board consists of a significant majority, with 75% of members being independent, demonstrating a commitment to transparency and governance.
Strengths of the organization also include a solid liabilities to assets ratio of 0.31%, showcasing its financial health. The foundation adheres to good practices by maintaining various policies such as a conflict of interest policy and a document retention policy. However, it lacks a whistleblower policy, which is noted as a limitation in its governance practices.
Overall, The Hamels Foundation Inc is recognized for its responsible financial management and effective governance, contributing positively to its mission. Nonetheless, the absence of a whistleblower policy could be an area for improvement to enhance its accountability measures further.
This AI summary has been generated from information found on Charity Navigator.
Is The Hamels Foundation Inc legitimate?
The Hamels Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hamels 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: $15,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thehamelsfoundation.org
What is the mission statement of The Hamels Foundation Inc?
The Hamels Foundation Inc's mission is centered around enriching the lives of children. They accomplish this by providing organizational grants, educational grants, and hosting pitching clinics. The organization is deeply committed to the power of education, aiming to equip children with the necessary tools to achieve their goals. Additionally, The Hamels Foundation collaborates with GAIA to construct schools in Africa. Their approach to education is community-focused, offering assistance to schools and supporting education-based non-profit entities in the U.S. in need of support, which includes creating stimulating learning environments, implementing high-quality educational programs, and ensuring necessary provisions to promote learning.
Official website here: www.thehamelsfoundation.org
Who is the CEO of The Hamels Foundation Inc?
Kathleen Greene is the Chief Operations Officer of The Hamels Foundation Inc.
Official website here: www.thehamelsfoundation.org
What is the revenue of The Hamels Foundation Inc?
The Hamels Foundation Inc's revenue in 2022 was $66,663.
Official website here: www.thehamelsfoundation.org
Who are the executives of The Hamels Foundation Inc and what are their salaries?
The average compensation at The Hamels Foundation Inc during 2022 was $15,000. There is 1 employee and 5 volunteers at The Hamels Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $15,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thehamelsfoundation.org
Where can I find the form 990 for The Hamels Foundation Inc?
The Hamels Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thehamelsfoundation.org
Learn more at the official website: www.thehamelsfoundation.org
Mission Statement of The Hamels Foundation Inc
The Hamels Foundation Inc, a non-profit organization, is committed to enriching the lives of children by harnessing the power of education. With a dedication to equipping children with the necessary tools, the foundation aims to help them achieve their goals. The Hamels Foundation takes a community-oriented approach to education, providing assistance to schools and supporting other education-focused non-profit entities in the United States. This includes fostering stimulating learning environments, implementing high-quality educational programs, and supplying essential provisions to foster learning. Beyond its domestic efforts, The Hamels Foundation also extends its reach to Malawi, Africa, where it works to establish a school. This dual purpose reflects the foundation's commitment to supporting quality education both domestically and internationally.
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Impact
August, 2024
The Hamels Foundation Inc enriches the lives of children through organizational grants, educational grants, and pitching clinics. Additionally, the foundation cooperates with GAIA to build schools in Africa, specifically in Malawi. Their dual purpose includes providing support for quality education in the United States while also establishing a school in Africa. They take a community-based approach to education by assisting schools and supporting other education-based non-profit entities in the US. This support includes creating stimulating learning environments, offering high-quality educational programs, and providing necessary provisions to promote learning. The foundation is dedicated to giving children the tools they need to achieve their goals and make a positive impact through the power of education.
This information is meant to be a general summary of The Hamels 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 2022.
- Investment Income: $44,769
- Gross Receipts: $94,256
Assets and Liabilities:
- Total Assets: $905,227
- Total Liabilities: $2,414
- Net Assets: $902,813
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Organization Details
Founding Year
2008
Phone
(417) 533-5277Principal Officer
Kathleen Greene
Main Address
PO BOX 10654, SPRINGFIELD, MO, 65808
Website
www.thehamelsfoundation.orgNTEE Category
Code: P58 - Human services
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