Overview
What is Ray Of Hope Cancer Foundation?
Ray of Hope Cancer Foundation, located in Denver, Colorado, is a compassionate nonprofit organization that prioritizes providing financial aid to cancer patients with limited resources, regardless of their age. Comprising a multidisciplinary committee of medical professionals, social workers, and community members, the foundation meets monthly to review and approve applications submitted by individuals in need. In 2022 alone, the organization extended assistance to 950 cancer patients, demonstrating its significant impact in the Colorado community. The foundation's mission is to address the urgent necessities of cancer patients with dignity and humanity, ensuring they receive the support they require during their challenging journey.
Official website here: www.rayofhopecolorado.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Ray of Hope Cancer Foundation has received a solid 81% rating from Charity Navigator, indicating a strong performance in accountability and finance with an impressive score of 96. The organization demonstrates transparency and responsible management through various policies and practices, including 100% independent board members and a low liabilities to assets ratio of 2.46%. The program expense ratio is beneficially high at 73.04%, signifying that the majority of funds are allocated directly to programs supporting cancer patients.
User feedback highlights the organization's impactful support for cancer patients facing financial hardships. Reviews reflect deep appreciation for the financial assistance provided during critical times, emphasizing that the support goes beyond monetary help, offering emotional reassurance and a sense of care. Contributors also praise the integrity and transparency of the staff, reinforcing the trustworthiness of the foundation.
However, while the organization excels in financial management and patient support, the impact and measurement score of 65 suggests there may be room for improvement in assessing and communicating the outcomes of their programs effectively. Overall, Ray of Hope Cancer Foundation is recognized for its essential services to cancer patients, making a significant difference in their lives during challenging times.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Ray Of Hope Cancer Foundation legitimate?
Ray Of Hope Cancer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ray Of Hope Cancer Foundation 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: $114,144
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,391
For more financial information, click here
Official website here: www.rayofhopecolorado.org
What is the mission statement of Ray Of Hope Cancer Foundation?
The Ray of Hope Cancer Foundation aims to address the urgent financial needs of cancer patients in a dignified and compassionate manner. Its mission is to provide financial assistance to individuals battling cancer, regardless of their age, across Colorado. A committee consisting of medical professionals, social workers, and community members reviews applications monthly to determine eligible recipients. In 2022, the foundation extended grants and other forms of aid to 950 cancer patients in the state.
Official website here: www.rayofhopecolorado.org
Who is the CEO of Ray Of Hope Cancer Foundation?
Audra Fleming is the Director of Ray Of Hope Cancer Foundation.
Official website here: www.rayofhopecolorado.org
What is the revenue of Ray Of Hope Cancer Foundation?
Ray Of Hope Cancer Foundation's revenue in 2022 was $922,517.
Official website here: www.rayofhopecolorado.org
Who are the executives of Ray Of Hope Cancer Foundation and what are their salaries?
The average compensation at Ray Of Hope Cancer Foundation during 2022 was $82,512. There are 3 employees and 56 volunteers at Ray Of Hope Cancer Foundation.
Here are 13 key members and their salaries:
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- Compensation: $114,144
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- Other: $3,424
Official website here: www.rayofhopecolorado.org
Where can I find the form 990 for Ray Of Hope Cancer Foundation?
Ray Of Hope Cancer Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rayofhopecolorado.org
Learn more at the official website: www.rayofhopecolorado.org
Mission Statement of Ray Of Hope Cancer Foundation
Ray of Hope Cancer Foundation dedicates its mission to addressing the pressing needs of cancer patients in Colorado who face financial hardships. With a commitment to dignity and humanity, the foundation provides essential financial assistance to individuals of all ages, battling cancer and grappling with limited resources. To accomplish this, a multidisciplinary grants committee, consisting of medical professionals, social workers, and community members, convenes monthly to review and approve applications submitted to the foundation. In 2022, Ray of Hope Cancer Foundation extended grants and other assistance to 950 cancer patients, underscoring its enduring impact in the community.
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Impact
October, 2024
Ray Of Hope Cancer Foundation significantly impacts the lives of cancer patients in Colorado by addressing their urgent financial needs with compassion and respect. By providing crucial financial assistance to individuals facing cancer, the foundation ensures that those with limited resources can access the support they require during a challenging time.
In 2022 alone, the foundation awarded grants and assistance to 950 cancer patients across the state, demonstrating its commitment to making a tangible difference in the community. A dedicated grants committee, composed of medical professionals, social workers, and community members, meets monthly to evaluate and approve applications, reflecting a collaborative approach to support. By prioritizing dignity and humanity, the foundation fosters a sense of hope and relief for those navigating the complexities of cancer treatment.
This information is meant to be a general summary of Ray Of Hope Cancer Foundation. 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: $133,566
- Gross Receipts: $3,298,050
Assets and Liabilities:
- Total Assets: $2,749,439
- Total Liabilities: $67,656
- Net Assets: $2,681,783
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Organization Details
Founding Year
2002
Phone
(720) 238-5401Principal Officer
Audra Fleming
Main Address
1385 S COLORADO BLVD BLDG A 108, DENVER, CO, 80222
Website
www.rayofhopecolorado.orgNTEE Category
Code: P74 - Human services
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