Overview
What is The Hope Endowment?
The Hope Endowment is a nonprofit organization situated in Sugar Land, Texas. Their primary mission is to aid children residing in orphanages by offering them a secure, nurturing, and compassionate environment. They strive to uplift these children by providing them with education and social development, aiming to help them surmount poverty. Through their activities, The Hope Endowment aims to ensure a better future for orphaned children in India.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
The Hope Endowment has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization's overall score reflects a lack of independent board members and missing essential governance policies, such as conflict of interest and whistleblower policies. These deficiencies raise questions about oversight and transparency within the organization.
On the positive side, The Hope Endowment shows a strong commitment to its mission, as evidenced by a high program expense ratio of 85.67%. This suggests that a substantial portion of its resources is allocated towards fulfilling its charitable objectives, which is a crucial aspect for potential donors looking to support effective nonprofits.
However, the absence of key documents and policies, including missing board meeting minutes and a website listing on its tax form, highlights areas that need improvement. Addressing these governance shortcomings is essential for the organization to build trust with stakeholders and enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Hope Endowment legitimate?
The Hope Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hope Endowment 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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Other Salaries and Wages: $0
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What is the mission statement of The Hope Endowment?
The mission of The Hope Endowment is centered around empowering children living in poverty in India. They strive to accomplish this by offering a secure, nurturing, and compassionate environment in the form of Helping Shepherd Children's Home. The primary goal is to equip these children with education and social development skills, aiming to help them overcome their circumstances and build a better future.
What is the revenue of The Hope Endowment?
The Hope Endowment's revenue in 2022 was $126,294.
Who are the executives of The Hope Endowment and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for The Hope Endowment?
The Hope Endowment's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Hope Endowment
The Hope Endowment is an organization dedicated to empowering children living in orphanages in India. Its mission is threefold: firstly, to provide these children with a safe and nurturing environment, secondly, to equip them with quality education, and lastly, to foster their social development. The ultimate goal of The Hope Endowment is to help these children transcend the shackles of poverty and build a better future for themselves. By offering a caring and compassionate home, The Hope Endowment aims to provide these children with a sense of security and stability, which is often lacking in their lives. Through education, The Hope Endowment seeks to equip these children with the skills and knowledge necessary to succeed in the world. Lastly, by focusing on social development, The Hope Endowment aims to prepare these children to navigate the complexities of society and become responsible and productive members of their communities.
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Impact
October, 2024
The Hope Endowment has a profound impact on the lives of orphaned children in India. By providing a safe and caring home through Helping Shepherd Children's Home, it addresses the critical needs of vulnerable youth. The organization focuses on empowering these children to transcend poverty, equipping them with essential education and social development skills that foster independence and self-sufficiency.
Based in Sugar Land, TX, The Hope Endowment's mission extends beyond basic shelter; it aims to create a nurturing environment where children can thrive and build a brighter future. Its international efforts help to ensure that children affected by hardship have opportunities for growth and learning, ultimately contributing to stronger, more resilient communities. Through its dedication, The Hope Endowment plays a vital role in transforming lives and instilling hope where it is most needed.
This information is meant to be a general summary of The Hope Endowment. 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: $17,159
- Gross Receipts: $461,655
Assets and Liabilities:
- Total Assets: $1,023,130
- Total Liabilities: $0
- Net Assets: $1,023,130
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Organization Details
Founding Year
2009
Principal Officer
Niraj Patel Md
NTEE Category
Code: Q30 - International
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