Overview
What is Reasons For Hope Inc?
Reasons For Hope Inc, based in Jackson, Minnesota, is a nonprofit organization that primarily focuses on spearheading religious discourse worldwide. With a team of four dedicated speakers, they travel extensively, primarily within the United States, to disseminate their mission statement. This mission is centered around directing individuals towards the biblical Jesus, offering hope, and encouraging reliance on God's Word as a foundation for thoughts, words, and actions. They aim to help Christians share the Gospel of Jesus Christ, counteract secular thinking with biblical truth, provide resources for biblical responses to real-world issues, and inspire the church to maintain a strong spiritual foundation. Their workforce consists of 12 dedicated individuals.
Official website here: www.rforh.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%
Reasons For Hope Inc has received a low rating of 43%, indicating significant concerns regarding its accountability and financial practices. The organization has not demonstrated sufficient independence on its board, scoring zero in both the majority independent board members and independent board size categories. Furthermore, financial statements lack transparency, contributing to the overall low score in this aspect.
Despite these issues, the charity has a high program expense ratio of 84.18%, suggesting that a substantial portion of its budget is directed toward its programs. This is a positive aspect, implying that the organization is focused on its mission and service delivery. However, the absence of essential governance policies like conflict of interest and whistleblower protection raises questions about its internal operations and ethical standards.
Overall, while Reasons For Hope Inc shows a commitment to programmatic spending, the glaring deficiencies in governance and accountability are critical areas for improvement. Stakeholders and potential donors should consider these factors carefully when evaluating the organization's effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Reasons For Hope Inc legitimate?
Reasons For Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reasons For Hope 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: $80,753
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,483
For more financial information, click here
Official website here: www.rforh.com/
What is the mission statement of Reasons For Hope Inc?
Reasons For Hope Inc's mission is centered around guiding individuals towards the biblical Jesus. They achieve this by providing three key services: helping Christians share the Gospel, counteracting secular beliefs with biblical truths, offering resources that offer biblical solutions to real-world issues, and encouraging the church to base their thoughts, words, and actions on Scripture. In essence, the organization's purpose is to offer hope and enlightenment through the teachings of Jesus Christ and the Bible.
Official website here: www.rforh.com/
Who is the CEO of Reasons For Hope Inc?
Wade Wacker is the Ceo of Reasons For Hope Inc. The CEO's salary of Reasons For Hope Inc is $43,000 and their total compensation is $43,000.
Official website here: www.rforh.com/
What is the revenue of Reasons For Hope Inc?
Reasons For Hope Inc's revenue in 2022 was $1,779,289.
Official website here: www.rforh.com/
Who are the executives of Reasons For Hope Inc and what are their salaries?
The average compensation at Reasons For Hope Inc during 2022 was $36,103. There are 12 employees at Reasons For Hope Inc.
Here are 4 key members and their salaries (Reasons For Hope Inc's CEO's salary is $43,000 and their total compensation is $43,000):
- Compensation: $43,000
- Related: $0
- Other: $0
- Compensation: $37,753
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rforh.com/
Where can I find the form 990 for Reasons For Hope Inc?
Reasons For Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rforh.com/
Learn more at the official website: www.rforh.com/
Mission Statement of Reasons For Hope Inc
Reasons for Hope Inc, a nonprofit organization, is committed to guiding individuals towards the biblical Jesus. Their mission is multifaceted, encompassing several key areas. Primarily, they aim to assist Christians in sharing the Gospel of Jesus Christ. Beyond this, they endeavor to counteract secular viewpoints with biblical principles. Furthermore, Reasons for Hope provides resources that offer biblically grounded responses to real-world issues. Lastly, they encourage the church to ground their thoughts, words, and actions in God's Word. In essence, Reasons for Hope Inc seeks to direct people towards a deeper understanding and relationship with Jesus Christ by offering support, promoting biblical truth, and supplying resources for navigating life's challenges.
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Impact
October, 2024
Reasons For Hope Inc has a profound impact by guiding individuals toward a deeper understanding of the biblical message of Jesus Christ. Through their focused efforts, they help Christians effectively share the Gospel, ensuring that faith is communicated with clarity and relevance.
By countering secular perspectives with biblical truths, Reasons For Hope Inc empowers individuals to embrace a worldview rooted in scripture, offering clarity in a complex and oftentimes challenging cultural landscape. Their commitment to providing resources that address real-world questions ensures that believers have access to the guidance they need to navigate life's challenges from a faith-based perspective.
Furthermore, the organization plays a vital role in encouraging churches to ground their teachings and actions in God’s Word. This foundation fosters a community where faith is lived out authentically, contributing to individual growth and the strengthening of congregations.
With a team of dedicated speakers traveling extensively, primarily across the United States, Reasons For Hope Inc disseminates its message widely, impacting audiences and inspiring hope in many. Their ministry is a beacon for those seeking truth and guidance in their spiritual journeys.
This information is meant to be a general summary of Reasons For Hope 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.
- Investment Income: $35,741
- Program Service Revenue: $61,086
- Gross Receipts: $2,046,589
Assets and Liabilities:
- Total Assets: $1,676,373
- Total Liabilities: $1,089,988
- Net Assets: $586,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPEAKING
Revenue
$35,586
YOUTH CAMPS
Revenue
$25,500
Organization Details
Founding Year
2010
Phone
(507) 847-3886Principal Officer
Wade Wacker
Main Address
208 SHERMAN STREET, JACKSON, MN, 56143
Website
www.rforh.com/NTEE Category
Code: X20 - Religion related
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