Overview
What is A Hole In The Roof Foundation?
A Hole In The Roof Foundation, identified as Have Faith Haiti, is a nonprofit organization located in Southfield, Michigan. Their primary mission is to create a secure and nurturing environment for Haitian children who lack such conditions. This is achieved through providing them with medical, nutritional, educational, and spiritual care. The children are also taught in both French and English, with the objective of obtaining at least a high school diploma. The organization's ethos includes Christian prayer and a strong emphasis on giving back to the mission through work and responsibility. The foundation's activities aim to ensure safety, nutrition, education, and opportunities for Haiti's impoverished children and orphans, as well as providing stability for the staff and their families in Port-au-Prince.
Official website here: www.aholeintheroof.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (53%)
A Hole In The Roof Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization scored 53% overall, reflecting a lack of independent board members and missing financial statements, which are critical for transparency. Although the charity maintains a conflict of interest policy and has documented board meeting minutes, the absence of a documented retention policy raises red flags about governance practices.
On a positive note, the charity has a high program expense ratio of 94.45%, suggesting that a substantial portion of its funding is directed toward its programs rather than administrative expenses. This is a strong point for the organization, demonstrating a commitment to delivering its mission effectively. However, the high liabilities to assets ratio of 61.72% could indicate potential financial risk, which is a concern for sustainability.
Overall, while A Hole In The Roof Foundation shows a commendable focus on program spending, its governance issues and lack of financial documentation could deter potential donors. Improvements in board independence and financial transparency are necessary for building trust and enhancing its overall rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is A Hole In The Roof Foundation legitimate?
A Hole In The Roof Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Hole In The Roof 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.aholeintheroof.org
What is the mission statement of A Hole In The Roof Foundation?
The A Hole In The Roof Foundation's mission is centered around providing support for impoverished children and orphans in Haiti. This includes ensuring their safety, providing adequate nutrition, offering educational opportunities, and creating chances for growth. Moreover, the foundation aims to establish stability for its staff and their families. Within this nurturing environment, the children are given medical, nutritional, and spiritual care. They are taught in both French and English, with the goal of achieving at least a high school diploma. Christian teachings and a sense of giving back to the mission are integrated into their daily lives.
Official website here: www.aholeintheroof.org
Who is the CEO of A Hole In The Roof Foundation?
Mitch Albom is the President of A Hole In The Roof Foundation.
Official website here: www.aholeintheroof.org
What is the revenue of A Hole In The Roof Foundation?
A Hole In The Roof Foundation's revenue in 2022 was $945,051.
Official website here: www.aholeintheroof.org
Who are the executives of A Hole In The Roof Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $21,000
- Other: $0
Official website here: www.aholeintheroof.org
Where can I find the form 990 for A Hole In The Roof Foundation?
A Hole In The Roof Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aholeintheroof.org
Learn more at the official website: www.aholeintheroof.org
Mission Statement of A Hole In The Roof Foundation
A Hole in the Roof Foundation, a nonprofit organization, is committed to providing safety, nourishment, education, and opportunities for Haiti's impoverished children and orphans, as well as stability for their staff and their families. The primary goal of this foundation is to create a safe, nurturing environment for Haitian children who lack such a space. This environment encompasses medical, nutritional, educational, and spiritual care. The children are taught in both French and English, with the aim of achieving at least a high school diploma. The foundation also incorporates Christian prayer and guidelines into their daily lives and encourages a sense of giving back to the mission through work and responsibility.
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Impact
October, 2024
A Hole In The Roof Foundation profoundly impacts the lives of Haiti's impoverished children and orphans by creating a safe and nurturing environment in Port-au-Prince. The organization focuses on providing essential services such as medical care, nutrition, education, and spiritual support, ensuring that children receive comprehensive care.
Children are taught in both French and English, with an emphasis on achieving educational milestones, including high school diplomas. This educational framework not only equips them with vital skills for their future but also fosters a sense of responsibility and community. Daily life includes Christian teachings, which instill values of compassion and service, encouraging these children to give back through work and engagement in their community.
The foundation also prioritizes the stability of its staff and their families, creating a holistic support system that benefits both the children and those who care for them. Through its dedicated efforts, A Hole In The Roof Foundation contributes to breaking the cycle of poverty and offering hope and opportunities to the next generation in Haiti.
This information is meant to be a general summary of A Hole In The Roof 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.
- Gross Receipts: $945,051
Assets and Liabilities:
- Total Assets: $159,672
- Total Liabilities: $98,553
- Net Assets: $61,119
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Organization Details
Founding Year
2009
Phone
(313) 993-4700Principal Officer
Mitch Albom
Main Address
29836 TELEGRAPH ROAD, SOUTHFIELD, MI, 48034
Website
www.aholeintheroof.orgNTEE Category
Code: L12 - Housing
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