Overview
What is Josh's Hope Foundation Inc?
Josh's Hope Foundation Inc, based in Durham, North Carolina, is a nonprofit organization dedicated to promoting public awareness and providing treatment programs for young adults dealing with mental illness and substance abuse. Their mission involves raising funds to support these individuals during their transitional phase, offering education on the issues they face, and advocating for their needs. The organization's activities encompass raising awareness in the community, offering educational resources, and providing much-needed services to this specific population. With a team of 13 dedicated individuals, Josh's Hope Foundation Inc strives to make a significant impact in the lives of young adults struggling with mental health and substance abuse issues.
Official website here: www.joshhopefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (43%)
Josh's Hope Foundation Inc has received a low rating from Charity Navigator, primarily due to concerns with accountability and financial practices. While the organization scores well on certain governance aspects, such as having a majority of independent board members and a conflict of interest policy, significant weaknesses in financial efficiency and transparency have adversely impacted its overall score.
The foundation's program expense ratio is notably low at 25.63%, indicating that a minimal portion of its expenditures goes directly to its intended programs. Additionally, the liabilities to assets ratio of 11.43% raises questions regarding its financial stability. Missing policies on whistleblower protection and document retention further detract from the organization's accountability.
While there are strengths in governance, particularly in board independence and transparency regarding meeting minutes, the foundation's financial health and lack of key policies present significant limitations. Prospective donors and supporters should consider these factors when evaluating the impact and reliability of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Josh's Hope Foundation Inc legitimate?
Josh's Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Josh's Hope Foundation 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,717
For more financial information, click here
Official website here: www.joshhopefoundation.org
What is the mission statement of Josh's Hope Foundation Inc?
The mission of Josh's Hope Foundation Inc is focused on raising awareness and education about the issues and needs of transitioning young adults dealing with mental illness and substance abuse. The organization aims to fund treatment programs to benefit this specific population, with the ultimate goal of providing them with essential services during this critical stage of their lives. By promoting public understanding and advocating for resources, the foundation seeks to improve the lives of young adults struggling with these challenges, empowering them on their path to recovery.
Official website here: www.joshhopefoundation.org
Who is the CEO of Josh's Hope Foundation Inc?
Steve Bailey is the Executive Di of Josh's Hope Foundation Inc.
Official website here: www.joshhopefoundation.org
What is the revenue of Josh's Hope Foundation Inc?
Josh's Hope Foundation Inc's revenue in 2022 was $152,703.
Official website here: www.joshhopefoundation.org
Who are the executives of Josh's Hope Foundation Inc and what are their salaries?
The average compensation at Josh's Hope Foundation Inc during 2022 was $9,440. There are 13 employees and 30 volunteers at Josh's Hope Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $50,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.joshhopefoundation.org
Where can I find the form 990 for Josh's Hope Foundation Inc?
Josh's Hope Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.joshhopefoundation.org
Learn more at the official website: www.joshhopefoundation.org
Mission Statement of Josh's Hope Foundation Inc
The Josh's Hope Foundation Inc is a dedicated organization, working tirelessly to promote public awareness and education on the issues and needs of transitioning young adults struggling with mental illness and substance abuse. Through their efforts, they aim to raise funds to benefit treatment programs and services for this vulnerable population.
The Foundation's mission lies in their commitment to raising awareness about the unique challenges faced by young adults in this demographic. By providing educational resources, they aim to foster a better understanding of the needs of these individuals and to encourage support for programs designed to help them.
In addition to raising awareness, the Josh's Hope Foundation Inc also takes an active role in providing treatment programs for young adults grappling with mental illness and substance abuse. By offering these programs, they strive to provide a pathway to recovery and a brighter future for those who need it most.
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Impact
June, 2024
Josh's Hope Foundation Inc has a significant impact on promoting public awareness and education on the issues and needs of transitioning young adults with mental illness and substance abuse. By raising funds to benefit treatment programs and services for this population, the foundation plays a crucial role in supporting these individuals in accessing the necessary support and resources. Their mission to educate the public and offer treatment programs for young adults facing mental health and substance abuse challenges serves as a vital lifeline for those in need. The foundation's focus on mental health underscores its commitment to improving the well-being of these individuals and working towards a healthier, more supportive community.
This information is meant to be a general summary of Josh's Hope Foundation 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.
- Program Service Revenue: $14,431
- Gross Receipts: $152,703
Assets and Liabilities:
- Total Assets: $667,117
- Total Liabilities: $78,492
- Net Assets: $588,625
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS
Revenue
$14,431
Organization Details
Founding Year
2010
Principal Officer
Steve Bailey
Main Address
PO BOX 71749, DURHAM, NC, 27722
Website
www.joshhopefoundation.orgNTEE Category
Code: F123 - Mental health
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