Overview
What is Project New Hope Of Minnesota Lions Foundation Inc?
Project New Hope of Minnesota Lions Foundation Inc is a nonprofit organization situated in Underwood, Minnesota. Their primary mission is to support veterans and their families by offering them educational programs, training, and necessary skills to navigate their lives post-wartime service. This assistance is provided completely free of charge. The organization operates retreats, providing a conducive environment for veterans and their families to learn essential life management skills.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars
Project New Hope Of Minnesota Lions Foundation Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is 50%, which reflects a lack of independent oversight in its governance, as evidenced by having no independent board members. Additionally, the organization has failed to implement essential policies such as conflict of interest and whistleblower protections, which raises questions about operational transparency.
Despite these challenges, the organization demonstrates a strong commitment to its programs, with a program expense ratio of 88.84%. This indicates that a substantial majority of its financial resources are directed toward fulfilling its mission rather than administrative costs. However, the absence of key documents, such as board meeting minutes and the tax form on its website, further underscores issues related to transparency and governance.
Overall, while Project New Hope Of Minnesota Lions Foundation Inc shows promise in its program spending, the significant gaps in accountability practices and governance structure limit its effectiveness and raise concerns for potential donors. Continued efforts to enhance transparency and adopt best practices in nonprofit governance would be beneficial for the organization’s reputation and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Project New Hope Of Minnesota Lions Foundation Inc legitimate?
Project New Hope Of Minnesota Lions Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project New Hope Of Minnesota Lions 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.
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What is the mission statement of Project New Hope Of Minnesota Lions Foundation Inc?
Project New Hope of Minnesota Lions Foundation Inc's mission is centered around supporting veterans and their families. The organization strives to provide them with the necessary education, training, and skills required to manage their lives effectively following their war-time service. This is achieved through offering family retreats, which include educational sessions, all provided free of charge to the veterans and their families. The goal is to empower them to lead fulfilling lives post military service.
What is the revenue of Project New Hope Of Minnesota Lions Foundation Inc?
Project New Hope Of Minnesota Lions Foundation Inc's revenue in 2024 was $326,217.
Who are the executives of Project New Hope Of Minnesota Lions Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Project New Hope Of Minnesota Lions Foundation Inc?
Project New Hope Of Minnesota Lions Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Project New Hope Of Minnesota Lions Foundation Inc
Project New Hope of Minnesota Lions Foundation Inc is an organization dedicated to supporting veterans and their families. Their mission, in essence, is to equip these individuals with the necessary education, training, and skills required to effectively manage their lives post-wartime service. Through their activities, they aim to provide veterans and their families with the tools needed to navigate their post-military lives, offering these resources completely free of charge.
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Impact
August, 2024
Project New Hope Of Minnesota Lions Foundation Inc's impact is significant, as it provides veterans and their families with education, training, and skills necessary to manage their lives after wartime service. Through family retreats and educational programs, the organization equips veterans and their families with the tools needed for post-service life. By offering these activities free of charge, Project New Hope Of Minnesota Lions Foundation Inc supports veterans in a tangible and meaningful way, demonstrating its commitment to philanthropy and the well-being of those who have served our country.
This information is meant to be a general summary of Project New Hope Of Minnesota Lions 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 2024.
- Investment Income: $207,160
- Gross Receipts: $326,217
Assets and Liabilities:
- Total Assets: $1,087,877
- Total Liabilities: $0
- Net Assets: $1,087,877
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Organization Details
Principal Officer
John Schiel
NTEE Category
Code: T30 - Philanthropy
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