Overview
What is Providing Hope Inc?
Providing Hope Inc, a New Jersey-based nonprofit organization, is dedicated to enhancing the health and quality of life for individuals and families confronting challenges due to disability, serious illness, or trauma. Their mission revolves around addressing these complex issues, aiming to improve the overall well-being of those affected. The organization's activities are centered around this mission, striving to make a tangible difference in the lives of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (63%)
Providing Hope Inc has received a "Needs Improvement" rating, indicating several areas of concern regarding accountability and financial practices. While the organization benefits from having a majority independent board and demonstrates a strong program expense ratio, there are significant shortcomings in transparency and governance practices, such as a lack of a conflict of interest policy and missing documentation on its website.
The organization's financial practices show some strengths, such as a favorable liabilities to assets ratio, suggesting stability. However, the absence of key governance documents and policies raises questions about the overall management and oversight of the nonprofit. These deficiencies could impact stakeholder trust and the organization's ability to effectively serve its mission.
Improvements in areas such as transparency and policy implementation are necessary for Providing Hope Inc to enhance its rating and ensure more effective governance. Addressing these issues will be crucial for the organization to build credibility and attract support from donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Providing Hope Inc legitimate?
Providing Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Providing Hope Inc?
Providing Hope Inc, as an organization, is committed to enhancing the health and improving the quality of life for individuals and families who are grappling with various challenges related to disability, serious illness, or trauma. Their mission is to address these challenges head-on, striving to make a significant positive impact in their lives. Through their initiatives, they aim to provide support and resources that can help these individuals and their families navigate through their difficulties and lead more fulfilling lives.
Who is the CEO of Providing Hope Inc?
Marshall Sherman is the Director of Providing Hope Inc.
What is the revenue of Providing Hope Inc?
Providing Hope Inc's revenue in 2022 was $4,851.
Who are the executives of Providing Hope Inc and what are their salaries?
There 5 volunteers at Providing Hope Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Providing Hope Inc?
Providing Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Providing Hope Inc
Providing Hope Inc, a nonprofit organization, is committed to enhancing the health and improving the quality of life for individuals and families in New Jersey who are grappling with various challenges associated with disability, serious illness, or trauma. The mission of Providing Hope Inc is to extend support and resources to these individuals and families, aiming to alleviate their struggles and help them lead more fulfilling lives. By focusing on the unique challenges faced by these individuals, Providing Hope Inc strives to make a tangible difference in their lives, ultimately contributing to a healthier and more compassionate society.
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Impact
August, 2024
Providing Hope Inc's impact is evident in the improved health and quality of life of individuals and families in New Jersey who are facing challenges associated with disability, serious illness, or trauma. Through their dedicated efforts in Rumson, NJ, Providing Hope Inc has successfully uplifted and supported these vulnerable populations, enhancing their overall well-being and resilience. This organization's commitment to addressing the multifaceted needs of those in distress is commendable and continues to make a positive difference in the lives of many in the community.
This information is meant to be a general summary of Providing 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: $4,851
- Gross Receipts: $4,851
Assets and Liabilities:
- Total Assets: $208,562
- Total Liabilities: $0
- Net Assets: $208,562
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Organization Details
Founding Year
2011
Phone
(732) 890-3478Principal Officer
Marshall Sherman
Main Address
1540 OCEAN AVENUE UNIT 25, RUMSON, NJ, 07760
NTEE Category
Code: P80 - Human services
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