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Hope Springs Counseling Center

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

EIN: 274369147 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Hope Springs Counseling Center?

Hope Springs Counseling Center is a nonprofit organization located at 870 Corporate Drive, Lexington, Kentucky, 40503. The center focuses on offering affordable counseling sessions to individuals and families in the community. Their services cater to adults, children, couples, and families, with the rates adjusted based on factors such as annual household income, insurance usage, or nonprofit contributions. The center's primary mission is to provide accessible mental health support to those in need, fostering a supportive environment for personal growth and healing. With a team of four employees, Hope Springs Counseling Center plays a vital role in promoting emotional well-being within its community.


Official website here: www.hopespringscenter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Hope Springs Counseling Center received a two-star rating from Charity Navigator, indicating that the organization is facing challenges in specific areas, despite achieving a perfect score in accountability and finance. The organization demonstrates strong governance with an independent board, showing commitment to ethical standards and transparency in asset management.

However, significant gaps exist in their policy framework, particularly in conflict of interest and whistleblower policies, where they received zero points. This raises concerns about their risk management practices. Additionally, the center's program expense ratio suggests that only a little over half of their spending is directed towards program services, which may impact their effectiveness in delivering their mission.

Overall, while the center exhibits strengths in governance and financial accountability, the lack of essential policies and a lower program expense ratio indicates areas that need urgent improvement to enhance trust and effectiveness in their operations.


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

Is Hope Springs Counseling Center legitimate?

Hope Springs Counseling Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Springs Counseling Center 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,282

For more financial information, click here


Official website here: www.hopespringscenter.org

What is the mission statement of Hope Springs Counseling Center?

The Hope Springs Counseling Center is committed to offering affordable counseling services to individuals within their community. By adopting a sliding scale approach, they make their services accessible to a wide range of clients, basing their rates on annual household income, insurance usage, or nonprofit contributions. This center provides counseling sessions to adults, children, couples, and families, striving to provide vital mental health support to everyone in need.


Official website here: www.hopespringscenter.org

Who is the CEO of Hope Springs Counseling Center?

Wanda Day is the Executive Dir. of Hope Springs Counseling Center.


Official website here: www.hopespringscenter.org

What is the revenue of Hope Springs Counseling Center?

Hope Springs Counseling Center's revenue in 2022 was $362,594.


Official website here: www.hopespringscenter.org

Who are the executives of Hope Springs Counseling Center and what are their salaries?

The average compensation at Hope Springs Counseling Center during 2022 was $39,070. There are 4 employees at Hope Springs Counseling Center.


Here are 5 key members and their salaries:


Wanda Day (Executive Dir.)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Shannon Callahan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Harrington (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Denmark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopespringscenter.org

Where can I find the form 990 for Hope Springs Counseling Center?

Hope Springs Counseling Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopespringscenter.org

Learn more at the official website: www.hopespringscenter.org

Mission Statement of Hope Springs Counseling Center

Hope Springs Counseling Center, a non-profit organization, is dedicated to offering affordable counseling services to the community. Their mission is centered around providing a supportive environment for adults, children, couples, and families, ensuring that everyone has access to mental health support, regardless of their financial circumstances. The center operates on a sliding scale, taking into account annual household income, insurance usage, or nonprofit contributions, to make counseling sessions affordable for all. By doing so, Hope Springs Counseling Center aims to bridge the gap in mental health services for those who might otherwise be unable to afford them, thereby contributing significantly to the mental well-being and overall health of their community.

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Impact




June, 2024

Hope Springs Counseling Center has significantly improved the mental health and well-being of individuals and families in our community by providing affordable counseling services. Their sliding scale payment system, based on annual income and contributions, ensures that everyone has access to the support they need regardless of their financial situation. Through their counseling sessions for adults, children, couples, and families, Hope Springs Counseling Center has made a positive impact on the lives of many in Lexington, KY.




This information is meant to be a general summary of Hope Springs Counseling Center. 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
$362,594 (2022)
Expenses
$372,964 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $348,473
  • Gross Receipts: $362,594

Assets and Liabilities:

  • Total Assets: $53,718
  • Total Liabilities: $30,579
  • Net Assets: $23,139

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Patient Services

Revenue

$348,473

Organization Details

Founding Year

2010

Principal Officer

Wanda Day

Main Address

870 Corporate Drive 301, Lexington, KY, 40503

NTEE Category

Code: F60 - Mental health

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