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Hope For Generations

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271538685 ✦ Shoreline, WA ✦ Designated as a 501(c)(3)

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Overview

What is Hope For Generations?

Hope For Generations is a nonprofit organization situated in Shoreline, Washington, with the main focus on supporting evangelical mission groups. Their mission encompasses Christian education, worship, and various other activities. The organization's primary goal is to spread the gospel through these initiatives. They operate from 2302 N 190TH STREET, providing a platform for spiritual growth and community engagement within their local community and beyond.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53% (One-Star out of Four Star Rating)

Hope For Generations has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly on multiple criteria, particularly in areas related to governance, such as the lack of independent board members and missing policies for conflict of interest, whistleblower protection, and document retention. These deficiencies point to a need for better oversight and adherence to best practices in nonprofit governance.

Despite the issues noted in governance, the organization does exhibit some strengths, particularly in its financial metrics. Notably, there is a 100% program expense ratio, which suggests that all funds are being directed towards its programs rather than administrative overhead. Additionally, the organization has a 0.00% liabilities to assets ratio, indicating a strong financial position with no debts reported.

However, the overall lack of transparency and independent oversight raises red flags for potential donors and stakeholders. The absence of documents such as the tax form on its website and missing key policies may deter support and suggests a need for improvements in these areas to enhance credibility and trust in the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Hope For Generations legitimate?

Hope For Generations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Generations 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

For more financial information, click here

What is the mission statement of Hope For Generations?

Hope For Generations is dedicated to carrying out a gospel mission, incorporating Christian education, worship, and various other activities. Their primary objective is to support evangelical mission groups. The organization's activities encompass a wide range, including religious education and worship services. The majority of their revenue is allocated towards furthering this gospel mission.

Who is the CEO of Hope For Generations?

Yang Nam S is the Director 2 of Hope For Generations.

What is the revenue of Hope For Generations?

Hope For Generations's revenue in 2022 was $22,010.

Who are the executives of Hope For Generations and what are their salaries?


Here are 3 key members and their salaries:


Kim Kristy (Director 2)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yang Nam S (Chief Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Paul Y (Director 1)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hope For Generations?

Hope For Generations's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hope For Generations

Hope For Generations is an organization dedicated to carrying out a gospel mission, encompassing Christian education, worship, and various other activities. Their primary objective is to support evangelical mission groups, ensuring the furtherance of their work and goals. The organization's mission is centered around spreading the gospel and providing a platform for spiritual growth and fellowship through various activities and educational programs.

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Impact




August, 2024

Hope For Generations has made a significant impact by spreading the Gospel message through Christian education, worship, and various activities. This organization's revenue is mainly used to support evangelical mission groups, furthering the reach of their impactful work. Based in Shoreline, WA, Hope For Generations actively engages in spreading the message of hope and faith to communities, making a positive difference in the lives of many. Through their focused mission on evangelism and education, they are empowering individuals and communities to find strength and inspiration in their Christian beliefs. Their dedication to religious activities has led to a profound influence on the spiritual well-being of those they reach, embodying their mission to bring hope for generations to come.




This information is meant to be a general summary of Hope For Generations. 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.

Revenue
$22,010 (2022)
Expenses
$15,440 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $22,010

Assets and Liabilities:

  • Total Assets: $18,601
  • Total Liabilities: $0
  • Net Assets: $18,601

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Organization Details

Founding Year

2010

Principal Officer

Yang Nam S

Main Address

2302 N 190TH STREET, SHORELINE, WA, 98133

NTEE Category

Code: X30 - Religion related

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