Overview
What is Hope Charities Inc?
Hope Charities Inc is a nonprofit organization based in Baton Rouge, Louisiana. Their primary mission is to provide resources and support to children and young people dealing with chronic or life-threatening illnesses. The organization aims to help these individuals overcome the challenges they face and seize opportunities for growth. By serving as a conduit of hope, strength, and resources, Hope Charities Inc strives to make a positive impact on the lives of individuals and their families during difficult times caused by chronic illnesses. The nonprofit organization, with a team of 13 dedicated employees, is committed to this mission, working tirelessly to provide assistance and support when it matters most.
Official website here: www.hopeforhemophilia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, Two-Star out of Four Star rating
Hope Charities Inc has received a Two-Star rating from Charity Navigator, indicating that while there are some strengths in the organization, there are significant areas needing improvement. The charity scores well in areas like having a majority independent board and a solid program expense ratio, reflecting a commitment to utilizing funds effectively for its programs. However, a low overall score suggests concerns regarding its operational practices and financial health.
The organization demonstrates positive accountability with high scores for its board independence and conflict of interest policy. Nevertheless, it falls short in critical areas such as the lack of a whistleblower policy and weak document retention practices, which can undermine transparency and governance. These deficiencies may raise concerns for potential donors about the charity's commitment to ethical practices.
Additionally, while the program expense ratio is commendable, indicating that most funds are directed towards mission-related activities, the high liabilities to assets ratio and poor working capital ratio indicate potential financial instability. This combination of strengths and weaknesses results in a mixed assessment of the charity's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hope Charities Inc?
100% of 15 reviewers on Facebook recommend Hope Charities Inc. Here's a summary of their insights:
Many supporters express strong approval for the organization, highlighting its commitment to helping families affected by hemophilia. The emphasis on providing support and resources to those in need resonates positively with users, who appreciate the charity's focus on making a difference in their lives.
Overall, feedback reflects a deep gratification for the services offered, showing that the nonprofit truly delivers on its mission to support individuals and families dealing with hemophilia. The reviews convey a sense of trust and appreciation for the impactful work being done in the community.
This AI summary has been generated from reviews found on Facebook.
Is Hope Charities Inc legitimate?
Hope Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Charities 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: $407,674
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,139
For more financial information, click here
Official website here: www.hopeforhemophilia.org
What is the mission statement of Hope Charities Inc?
Hope Charities Inc's mission is to serve as a source of hope, strength, and resources for individuals and their families during periods of crisis brought about by chronic illnesses. They achieve this by funding programs that contribute to the emotional and educational growth of children and young people, particularly those struggling with chronic or life-threatening illnesses. These initiatives provide opportunities and assistance to help these individuals overcome the challenges they face.
Official website here: www.hopeforhemophilia.org
Who is the CEO of Hope Charities Inc?
Porter Snow is the Chairman of Hope Charities Inc. The CEO's salary of Hope Charities Inc is $157,451 and their total compensation is $157,451.
Official website here: www.hopeforhemophilia.org
What is the revenue of Hope Charities Inc?
Hope Charities Inc's revenue in 2022 was $2,197,979.
Official website here: www.hopeforhemophilia.org
Who are the executives of Hope Charities Inc and what are their salaries?
The average compensation at Hope Charities Inc during 2022 was $44,063. There are 13 employees and 100 volunteers at Hope Charities Inc.
Here are 11 key members and their salaries (Hope Charities Inc's CEO's salary is $157,451 and their total compensation is $157,451):
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- Compensation: $125,401
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Official website here: www.hopeforhemophilia.org
Where can I find the form 990 for Hope Charities Inc?
Hope Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeforhemophilia.org
Learn more at the official website: www.hopeforhemophilia.org
Mission Statement of Hope Charities Inc
Hope Charities Inc is committed to serving as a source of hope, strength, and resources for individuals and their families during periods of crisis brought on by chronic illnesses. Their mission, in essence, is to act as a bridge, providing the necessary support and assistance to help these individuals and their families navigate the challenges they face.
The organization focuses on funding programs that have a significant impact on the emotional and educational growth of children and young people, particularly those dealing with chronic or life-threatening illnesses. By offering opportunities and assistance, Hope Charities Inc aims to help these individuals overcome the obstacles they encounter, enabling them to lead more fulfilling lives. The organization's work is centered around the belief that every individual deserves the chance to thrive, despite the challenges posed by chronic illnesses.
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Impact
October, 2024
Hope Charities Inc plays a vital role in supporting individuals and families navigating the challenges of chronic illnesses. By providing critical resources, the organization enhances emotional and educational development, particularly for children and young people facing significant health obstacles. Through targeted funding of programs that address these needs, Hope Charities Inc empowers families to overcome crises and fosters resilience during difficult times. Their efforts not only offer immediate assistance but also create lasting opportunities for growth and healing in Baton Rouge and beyond.
This information is meant to be a general summary of Hope Charities 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: $64
- Gross Receipts: $2,197,979
Assets and Liabilities:
- Total Assets: $403,647
- Total Liabilities: $227,056
- Net Assets: $176,591
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Organization Details
Founding Year
2009
Phone
(888) 529-8023Principal Officer
Porter Snow
Main Address
PO BOX 77728, BATON ROUGE, LA, 70879
Website
www.hopeforhemophilia.orgNTEE Category
Code: E99 - Health
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