Overview
What is True Hope?
True Hope is a nonprofit organization situated in St. Michael, Minnesota, with a mission to support and uplift various vulnerable populations. They extend their help to single mothers, abandoned children, prisoners, individuals with special needs, orphans, and victims of sex trafficking, both domestically and internationally. True Hope's initiatives encompass providing physical and spiritual aid, sharing the gospel through speaking engagements and literature distribution, conducting evangelistic activities, offering Bible-based classes, and offering spiritual counseling. They also license and ordain ministers of the gospel, engaging in activities that further their cause, which aligns with Section 501 (c) (3) of the Internal Revenue Code.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
True Hope has received a low rating of One-Star from Charity Navigator, primarily due to its lack of accountability and transparency. The organization scored only 50% overall, with significant deficiencies noted in its governance practices, including the absence of independent board members and various missing policies such as conflict of interest and whistleblower policies.
Despite these shortcomings, True Hope does demonstrate a commendable commitment to its program expenses, achieving a program expense ratio of 100%, indicating that all expenditures are directed towards its mission. However, the absence of key governance documents and policies raises concerns about the organization's operational integrity and accountability to its stakeholders.
Additionally, True Hope's failure to list its website on its tax form and the lack of publicly available board meeting minutes further contribute to its low rating. This situation suggests that while the organization may be effective in delivering its programs, it needs significant improvements in its governance structures to build trust and ensure sustainable operations in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is True Hope legitimate?
True Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. True Hope 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:
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What is the mission statement of True Hope?
True Hope is an organization with a mission to serve and support various groups of individuals in need, including single mothers, abandoned children, prisoners, individuals with special needs, orphans, and victims of sex trafficking. They strive to meet both their physical and spiritual needs, both domestically and internationally. The organization accomplishes this by conducting speaking engagements at religious venues, producing and distributing Christian literature, engaging in public evangelistic activities, offering Bible-based classes, providing spiritual counseling, and licensing and ordaining ministers of the gospel. Additionally, they engage in activities that are beneficial for their cause and are consistent with Section 501 (c) (3) of the Internal Revenue Code, with the primary goal of ministering to these groups and preaching the gospel.
Who is the CEO of True Hope?
Wayne Hedlund is the President of True Hope.
What is the revenue of True Hope?
True Hope's revenue in 2022 was $773,686.
Who are the executives of True Hope and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for True Hope?
True Hope's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of True Hope
True Hope, a nonprofit organization, is dedicated to serving a diverse group of individuals in need, including single mothers, abandoned children, those incarcerated, individuals with special needs, orphans, and victims of sex trafficking. Their mission is to cater to these groups' physical and spiritual needs both domestically and internationally. They achieve this by engaging in various activities such as speaking at religious venues, producing and distributing Christian literature, conducting public evangelistic activities, offering Bible-based classes, providing spiritual counseling, licensing and ordaining ministers of the gospel, and engaging in activities that further their cause. True Hope operates with a strong religious focus, ensuring all their activities are consistent with Section 501 (c) (3) of the Internal Revenue Code, making them an organization primarily focused on religious purposes.
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Impact
October, 2024
True Hope makes a significant impact by addressing the needs of some of the most vulnerable populations. It focuses on providing support to single mothers, abandoned children, individuals in prison, those with special needs, orphans, and victims of sex trafficking. By addressing both the physical and spiritual needs of these groups, True Hope fosters a holistic approach to empowerment and healing.
The organization actively engages in teaching and preaching the gospel through various channels, including speaking engagements at religious venues. This outreach is complemented by the production and distribution of Christian literature, which aims to spread awareness and foster spiritual growth within communities. Public evangelistic activities are another critical aspect of its mission, creating opportunities for individuals to learn and connect with their faith.
In addition to these initiatives, True Hope offers Bible-based classes and spiritual counseling, helping individuals find support and guidance in their lives. They also commit to licensing and ordaining ministers, ensuring that the message of hope and faith is further disseminated through trained leaders in the community.
Through these multifaceted efforts, True Hope is dedicated to transforming lives and providing hope to those in desperate situations, both domestically and internationally. Its focus on practical assistance, education, and spiritual guidance cultivates resilience and fosters a supportive community for those it serves.
This information is meant to be a general summary of True Hope. 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.
- Gross Receipts: $773,686
Assets and Liabilities:
- Total Assets: $71,950
- Total Liabilities: $0
- Net Assets: $71,950
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Organization Details
Founding Year
2008
Phone
(763) 400-1145Principal Officer
Wayne Hedlund
Main Address
505 UNDERWOOD LANE NW, ST MICHAEL, MN, 55376
NTEE Category
Code: P30 - Human services
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