Overview
What is Circle Of Hope Inc?
Circle of Hope Inc is a compassionate nonprofit organization based in Needham, Massachusetts. Their primary mission is to aid homeless individuals, particularly children, women, and men in the Boston area, by providing them with essential necessities such as clothing and basic necessities. By doing so, the organization aims to enhance their overall health and preserve their personal dignity, shielding them from the harmful effects of illness and disease that often accompany homelessness in New England. With a dedicated team of seven employees, Circle of Hope Inc meticulously vets organizations to ensure the distribution of seasonally appropriate clothing, necessities, and toiletries, thereby offering a vital lifeline to the most vulnerable members of their community.
Official website here: www.circlofhopeonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Circle Of Hope Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, as well as exceptional scores in culture, community, leadership, and adaptability. The organization's Program Expense Ratio of 79.03% signifies a healthy allocation of resources towards its mission-driven programs. Additionally, it boasts an entirely independent board, which is crucial for maintaining objectivity and transparency.
Strengths of Circle Of Hope Inc include perfect scores in feedback collection and usage, indicating a robust system for engaging with stakeholders. The organization has clearly articulated its mission and vision, alongside strategic goals that identify opportunities for growth. Its financial oversight is solid, as evidenced by a full audit score and no material diversion of assets.
However, there are areas for improvement noted in the data. The absence of a whistleblower policy and document retention and destruction policy may represent potential governance weaknesses. Addressing these gaps could further enhance the organization's accountability and operational effectiveness. Overall, Circle Of Hope Inc stands out for its commendable leadership and commitment to its mission, with opportunities to strengthen its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Circle Of Hope Inc legitimate?
Circle Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circle 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $234,202
For more financial information, click here
Official website here: www.circlofhopeonline.org
What is the mission statement of Circle Of Hope Inc?
Circle of Hope Inc's mission is to support homeless children, women, and men in various communities by providing them with essential clothing and necessities. This organization strives to enhance their overall health and maintain personal dignity. By supplying seasonally appropriate clothing, basic necessities, and toiletries to carefully vetted organizations, Circle of Hope offers a shield against illnesses and diseases commonly associated with homelessness in the New England region. This proactive approach empowers the most vulnerable individuals in society to protect themselves and improve their living conditions.
Official website here: www.circlofhopeonline.org
Who is the CEO of Circle Of Hope Inc?
Ari Barbanell is the President of Circle Of Hope Inc.
Official website here: www.circlofhopeonline.org
What is the revenue of Circle Of Hope Inc?
Circle Of Hope Inc's revenue in 2023 was $1,560,581.
Official website here: www.circlofhopeonline.org
Who are the executives of Circle Of Hope Inc and what are their salaries?
The average compensation at Circle Of Hope Inc during 2023 was $33,457. There are 7 employees at Circle Of Hope Inc.
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Official website here: www.circlofhopeonline.org
Where can I find the form 990 for Circle Of Hope Inc?
Circle Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.circlofhopeonline.org
Learn more at the official website: www.circlofhopeonline.org
Mission Statement of Circle Of Hope Inc
Circle of Hope Inc, a nonprofit organization, is committed to supporting the well-being and dignity of homeless children, women, and men in their community. Its mission is to provide these vulnerable individuals with seasonally appropriate clothing, basic necessities, and essential toiletries. By doing so, Circle of Hope aims to shield them from the health risks associated with homelessness in New England. The organization accomplishes this by working with carefully vetted organizations, providing them with the necessary resources to help their clients protect themselves from illness and disease. In essence, Circle of Hope's mission is to enhance the overall health and preserve the personal dignity of Boston's most vulnerable population through the distribution of essential items.
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Impact
October, 2024
Circle Of Hope Inc significantly impacts the lives of homeless individuals in and around Boston by providing essential clothing and necessities. By focusing on homeless children, women, and men, the organization helps preserve and enhance their overall health and personal dignity.
The initiative addresses critical needs by offering seasonally appropriate clothing and basic toiletries, ensuring that vulnerable community members have the resources to protect themselves from the health risks associated with homelessness, particularly in the challenging New England climate. Through the careful vetting of partner organizations, Circle Of Hope effectively channels resources to those who need them most, fostering a sense of community support and compassion for some of society's most marginalized populations.
This information is meant to be a general summary of Circle 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 2023.
- Investment Income: $400
- Gross Receipts: $1,590,085
Assets and Liabilities:
- Total Assets: $1,249,355
- Total Liabilities: $402,659
- Net Assets: $846,696
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Organization Details
Founding Year
2008
Phone
(781) 449-3700Principal Officer
Ari Barbanell
Main Address
PO BOX 920724, NEEDHAM, MA, 02492
Website
www.circlofhopeonline.orgNTEE Category
Code: X12 - Religion related
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