Overview
What is New Hope Ministries India Inc?
New Hope Ministries India Inc is a charitable organization based in Plainfield, Indiana. Their primary mission is to gather funds and distribute them to various non-profit entities and individuals worldwide, with a focus on supporting their activities in India. This includes offering assistance with housing, establishing orphanages, providing education, financing hospitalization, constructing schools, and contributing to social work projects, among other necessities. Their goal is to make a difference in various countries, contributing positively to communities in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - 65%
New Hope Ministries India Inc has received a two-star rating from Charity Navigator, indicating that the organization needs improvement in its accountability and financial management. While it scored well in certain areas such as having a majority of independent board members and a favorable liabilities to assets ratio, it significantly faltered in the transparency of its financial statements and the posting of necessary documents on its website.
The organization achieved full points in several governance aspects, such as having an entirely independent board and a solid program expense ratio. However, it faced critical shortcomings in areas like conflict of interest policies, whistleblower policies, and the documentation of board meeting minutes, all of which contribute to the overall score. These deficiencies raise concerns about governance practices and transparency.
Overall, while New Hope Ministries India Inc demonstrates strengths in board independence and financial health, its lack of accessible financial information and governance policies could hinder trust and accountability. Addressing these issues would be essential for improving its rating and ensuring better oversight and stakeholder trust in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is New Hope Ministries India Inc legitimate?
New Hope Ministries India Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Ministries India 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
What is the mission statement of New Hope Ministries India Inc?
New Hope Ministries India Inc's mission is centered around raising funds to provide essential support in various areas. This includes housing, orphanages, education, hospitalization, schools, and social work, among other necessities, not just in India but also in other countries in need. The organization's primary goal is to channel these funds to eligible not-for-profit organizations and individuals, ensuring they can carry out activities that align with this mission. By doing so, New Hope Ministries India Inc aims to contribute positively to the lives of many, promoting overall well-being and development in these communities.
Who is the CEO of New Hope Ministries India Inc?
Ratnam Philip is the President of New Hope Ministries India Inc.
What is the revenue of New Hope Ministries India Inc?
New Hope Ministries India Inc's revenue in 2022 was $875,484.
Who are the executives of New Hope Ministries India Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for New Hope Ministries India Inc?
New Hope Ministries India Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Hope Ministries India Inc
New Hope Ministries India Inc is an organization dedicated to raising funds to support various necessities in India and other countries. Their mission encompasses providing aid for housing, orphanages, education, hospitalization, schools, and social work. This nonprofit organization strives to assist not for profit organizations and individuals in their efforts to align with these activities, thereby making a significant impact in the lives of those in need. In essence, New Hope Ministries India Inc works to improve living conditions and access to essential services in impoverished areas, contributing to a better future for countless individuals.
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Impact
October, 2024
New Hope Ministries India Inc has a significant impact on communities in India and other countries by addressing critical needs such as housing, education, healthcare, and social services. Through the funds raised, the organization supports the establishment and improvement of orphanages, schools, and hospitals, which play a vital role in enhancing the quality of life for vulnerable populations.
By collaborating with various nonprofits and individuals, New Hope Ministries ensures that resources are effectively allocated to align with its mission. This not only aids in immediate relief efforts but also contributes to long-term sustainable development, empowering individuals and communities to thrive. Their focus on social work and essential necessities addresses the pressing challenges faced by those in need, fostering a more equitable and supportive environment. Overall, the organization's efforts lead to tangible improvements in the lives of many, promoting hope and a brighter future.
This information is meant to be a general summary of New Hope Ministries India 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.
- Gross Receipts: $875,484
Assets and Liabilities:
- Total Assets: $1,452,362
- Total Liabilities: $0
- Net Assets: $1,452,362
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Organization Details
Founding Year
2010
Phone
(317) 445-9722Principal Officer
Ratnam Philip
Main Address
PO Box 336, Plainfield, IN, 46168
NTEE Category
Code: Q33 - International
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