Overview
What is The Family Hope Foundation Inc?
The Family Hope Foundation Inc, based in Jenison, Michigan, is a compassionate nonprofit organization that prioritizes supporting children with special needs. Their mission involves investing in these children through various means, such as family support, collaborating with community experts, advocacy, and providing financial assistance. This aid enables children to gain access to essential therapies. By offering 361 scholarship grants, the Foundation ensures that these therapies are within reach, thereby positively impacting the lives of these exceptional individuals. With a dedicated team of only two individuals, The Family Hope Foundation Inc continues to make a significant difference in the lives of children with special needs.
Official website here: www.thefamilyhopefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Family Hope Foundation Inc has demonstrated a strong commitment to accountability with 100% of its board members being independent. Additionally, it has a solid financial standing, reflected in a favorable liabilities to assets ratio of 0.00%, and a high program expense ratio of 94.82%, indicating that the majority of its resources are directed towards its programs.
However, the organization faces significant limitations in areas of transparency and governance. It has not made its financial statements publicly available, which contributed to a low score in that category. Furthermore, the absence of essential policies, such as a whistleblower policy and document retention and destruction policy, raises concerns about its operational practices.
In summary, while The Family Hope Foundation Inc shows strengths in board independence and program expenditure, the lack of financial transparency and necessary governance policies may hinder its overall rating and public trust. Addressing these gaps could improve its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Family Hope Foundation Inc legitimate?
The Family Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Family Hope 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: $33,949
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,524
For more financial information, click here
Official website here: www.thefamilyhopefoundation.org
What is the mission statement of The Family Hope Foundation Inc?
The Family Hope Foundation Inc's mission is centered around supporting children with special needs. They accomplish this by providing family assistance, engaging community experts, advocating through collaboration, and offering financial aid to facilitate access to necessary therapies. This organization invests in children by granting 361 scholarships, enabling these children to receive essential therapeutic services.
Official website here: www.thefamilyhopefoundation.org
Who is the CEO of The Family Hope Foundation Inc?
Matt Lepard is the Chair of The Family Hope Foundation Inc.
Official website here: www.thefamilyhopefoundation.org
What is the revenue of The Family Hope Foundation Inc?
The Family Hope Foundation Inc's revenue in 2022 was $508,853.
Official website here: www.thefamilyhopefoundation.org
Who are the executives of The Family Hope Foundation Inc and what are their salaries?
The average compensation at The Family Hope Foundation Inc during 2022 was $22,236. There are 2 employees and 5 volunteers at The Family Hope Foundation Inc.
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Official website here: www.thefamilyhopefoundation.org
Where can I find the form 990 for The Family Hope Foundation Inc?
The Family Hope Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefamilyhopefoundation.org
Learn more at the official website: www.thefamilyhopefoundation.org
Mission Statement of The Family Hope Foundation Inc
The Family Hope Foundation Inc is dedicated to making a significant impact in the lives of children with special needs. Their mission is multifaceted, encompassing four key areas. Firstly, they invest in these children by providing family support, understanding that the well-being of the child is closely intertwined with the strength and resilience of their family. Secondly, they engage community experts to share their knowledge and resources, ensuring that these children have access to a wide range of expertise. Thirdly, the Foundation advocates for these children through collaboration with various stakeholders, aiming to create a supportive environment for their growth and development. Lastly, they offer financial assistance to help families afford necessary therapies, thereby ensuring that these children have the opportunity to reach their full potential. In essence, The Family Hope Foundation Inc is committed to supporting children with special needs and their families, fostering community engagement, advocating for their needs, and providing the necessary financial assistance for therapeutic interventions.
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Impact
July, 2024
The Family Hope Foundation Inc's impact lies in investing in children with special needs through family support, engaging community experts, advocacy through collaboration, and providing financial assistance to access therapies. They offer 361 scholarship grants to enable children with special needs to receive therapy, making a tangible difference in the lives of these children and their families. Through their efforts in Jenison, MI, they exemplify a commitment to human services by ensuring that these children receive the care and support they need to thrive.
This information is meant to be a general summary of The Family Hope 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: $23,450
- Gross Receipts: $508,853
Assets and Liabilities:
- Total Assets: $1,044,776
- Total Liabilities: $0
- Net Assets: $1,044,776
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Organization Details
Founding Year
2008
Phone
(616) 780-3839Principal Officer
Matt Lepard
Main Address
7086 - 8TH AVENUE, JENISON, MI, 49428
NTEE Category
Code: P82 - Human services
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