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Healing Hats And Toys Inc

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

EIN: 273490832 ✦ Springfield, PA ✦ Designated as a 501(c)(3)

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Overview

What is Healing Hats And Toys Inc?

Healing Hats And Toys Inc is a charitable organization situated in Springfield, Pennsylvania, specifically at 761 W SPROUL ROAD RM/STE 253. Their primary purpose is to bring joy and comfort to children undergoing medical treatment by donating gifts to Children's Hospital of Philadelphia and St. Christopher's Hospital for Children. By providing these presents, they aim to alleviate the children's suffering and help put smiles on their faces during challenging times. The organization's mission is deeply rooted in compassion and a desire to make a positive impact in the lives of these young patients.


Official website here: www.facebook.com/healinghatsandtoys

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Stars

Healing Hats And Toys Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is derived from its strong performance in the Accountability & Finance category, where the organization achieved a score of 83%. The charity demonstrates excellent governance practices, with a fully independent board and no material diversion of assets, indicating a commitment to transparency and responsible financial management.

The organization excels particularly in its program expense ratio, which stands at an impressive 98.57%. This figures suggests that a significant majority of its expenses are directed towards its programs, which is a positive indicator of the effectiveness of its operations. However, there are notable weaknesses in some governance policies, as the charity lacks a whistleblower policy and a document retention and destruction policy, which could affect its overall accountability framework.

While Healing Hats And Toys Inc shows strong commitment to accountability, the absence of certain policies may raise concerns among potential donors about the organization’s internal controls. Overall, the charity's financial health and commitment to its mission are commendable, but it may benefit from addressing these governance gaps to strengthen its standing further.


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

Is Healing Hats And Toys Inc legitimate?

Healing Hats And Toys Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healing Hats And Toys 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.facebook.com/healinghatsandtoys

What is the mission statement of Healing Hats And Toys Inc?

Healing Hats And Toys Inc's mission is centered around donating gifts to two children's hospitals: Children's Hospital of Philadelphia and St. Christopher's Hospital for Children. Their aim is to alleviate the pain and distress experienced by these children and bring joy to their lives by providing them with these gifts. The organization's donations serve as a source of comfort and happiness for these young patients, helping to lighten their burden during their hospital stays.


Official website here: www.facebook.com/healinghatsandtoys

Who is the CEO of Healing Hats And Toys Inc?

Thomas Nee Jr is the Board Member of Healing Hats And Toys Inc.


Official website here: www.facebook.com/healinghatsandtoys

What is the revenue of Healing Hats And Toys Inc?

Healing Hats And Toys Inc's revenue in 2020 was $2,857.


Official website here: www.facebook.com/healinghatsandtoys

Who are the executives of Healing Hats And Toys Inc and what are their salaries?


Here are 3 key members and their salaries:


Daniel English (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Nee Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Nee (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.facebook.com/healinghatsandtoys

Where can I find the form 990 for Healing Hats And Toys Inc?

Healing Hats And Toys Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.facebook.com/healinghatsandtoys

Learn more at the official website: www.facebook.com/healinghatsandtoys

Mission Statement of Healing Hats And Toys Inc

Healing Hats And Toys Inc, a charitable organization, is dedicated to bringing joy and relief to children undergoing medical treatments at Children's Hospital of Philadelphia and St. Christopher's Hospital for Children. Their mission is to alleviate the children's pain and bring a smile to their faces through the generous donation of gifts. By providing these thoughtful presents, Healing Hats And Toys Inc aims to offer a moment of comfort and distraction during their challenging times. The organization's donations serve as a testament to their compassionate spirit and their commitment to making a difference in the lives of these young patients.

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Impact




August, 2024

Healing Hats And Toys Inc's impact is profound and heartwarming. By donating gifts to the Children's Hospital of Philadelphia and St. Christopher's Hospital for Children, they are helping to ease the pain and bring joy to children undergoing difficult times. Their efforts not only provide tangible items but also contribute to lifting spirits and putting smiles on the faces of these young patients. Through their mission, Healing Hats And Toys Inc is making a significant difference in the lives of these children and their families, providing hope and comfort during challenging circumstances.




This information is meant to be a general summary of Healing Hats And Toys 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.

Revenue
$2,857 (2020)
Expenses
$2,243 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $2,857

Assets and Liabilities:

  • Total Assets: $2,367
  • Total Liabilities: $0
  • Net Assets: $2,367

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Organization Details

Founding Year

2010

Principal Officer

Thomas Nee Jr

Main Address

761 W SPROUL ROAD RM/STE 253, SPRINGFIELD, PA, 19064

NTEE Category

Code: P58 - Human services

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