Overview
What is Beacon Of Hope Inc?
Beacon Of Hope Inc, situated in Mt Holly, New Jersey, is a nonprofit organization committed to assisting individuals and families in need. Their primary focus is distributing free food to over 3,000 people monthly, offering a vital resource during challenging times. Additionally, they provide donated clothing for those in need as well. Beyond material aid, Beacon of Hope offers life skills training courses, running from April to October, to help individuals secure employment, manage finances, and improve parenting skills. By doing so, they aim to stimulate community growth and development, empowering individuals to rise above their circumstances and change their lives for the better.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Not Available
Beacon Of Hope Inc has received positive feedback from users, specifically highlighting its impactful services. A board member praised the organization for its comprehensive support that helps individuals and families recover essential needs such as food, clothing, and shelter. The organization is noted for providing training, emergency assistance, and emotional support, which fosters a sense of community and empowerment among beneficiaries.
The review indicates that Beacon Of Hope Inc is dedicated to uplifting those in need, offering a range of resources designed to assist in crisis situations. The emphasis on encouragement and support suggests a holistic approach to aid, helping clients rebuild their lives beyond just meeting immediate needs.
There are no notable limitations mentioned in the data provided, which reflects a positive perception of the organization’s impact and methodology. Overall, the feedback from the user suggests a strong commitment to community support and the well-being of individuals and families.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Beacon Of Hope Inc legitimate?
Beacon Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon Of Hope 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: $28,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,880
For more financial information, click here
What is the mission statement of Beacon Of Hope Inc?
Beacon of Hope Inc's mission is centered around providing essential aid and fostering personal growth. They offer food and clean clothing to those in need during the winter months, providing a warm refuge from the elements. Beyond material assistance, they provide life skills training to help individuals gain employment, financial independence, and improve their parenting skills. This holistic approach aims to stimulate community development and empower individuals, ultimately transforming lives one at a time.
Who is the CEO of Beacon Of Hope Inc?
Torrence Trappier is the President of Beacon Of Hope Inc.
What is the revenue of Beacon Of Hope Inc?
Beacon Of Hope Inc's revenue in 2022 was $591,125.
Who are the executives of Beacon Of Hope Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Beacon Of Hope Inc?
Beacon Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beacon Of Hope Inc
Beacon of Hope, a nonprofit organization, is committed to making a significant impact in people's lives. Their mission is twofold: firstly, they aim to provide essential necessities such as food and clean clothing to individuals and families in need. During the winter months, they offer a warm shelter as a respite from the elements. Secondly, Beacon of Hope focuses on offering life skills training to help individuals rise above their circumstances and stimulate community development and growth. They believe in unlocking potential through knowledge, with the goal of "Changing Lives ONE Heart at a Time." They achieve this by offering courses in various areas, including employment, financial freedom, and parenting skills, which run for four to six weeks from April to October. The organization's mission is to offer support and empowerment, helping individuals regain their footing and contribute positively to their communities.
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Impact
July, 2024
Beacon of Hope Inc has had a significant impact on the community of Mt. Holly, NJ by providing essential resources such as food, clothing, and life skills training to those in need. Through their efforts, they have positively impacted over 3,000 individuals and families on a monthly basis. Their mission of "Changing Lives ONE Heart at a Time" is reflected in the practical support and empowerment they offer to help individuals rise above life's challenges. By unlocking the potential of community members through knowledge and skills, Beacon of Hope has been instrumental in stimulating community development and growth in Mt. Holly.
This information is meant to be a general summary of Beacon Of Hope 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: $13
- Gross Receipts: $591,125
Assets and Liabilities:
- Total Assets: $90,402
- Total Liabilities: $13,902
- Net Assets: $76,500
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Organization Details
Founding Year
2010
Phone
(609) 288-6517Principal Officer
Torrence Trappier
Main Address
41 Mill Street, Mt Holly, NJ, 08060
NTEE Category
Code: P28 - Human services
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