Overview
What is Hope On A String?
Hope On A String is a nonprofit organization situated in Bedford Hills, New York. Their mission is to foster social transformation and economic development in Haiti through music participation. They operate a community center in the rural region of Arcahaie, offering various performing arts classes in music, dance, and theater. The center prioritizes local youth but welcomes all who wish to participate. Hope On A String provides hundreds of hours of classes weekly, catering to diverse skill levels. Beyond arts education, they use their community center for dialogues, unity events, and community engagement activities, such as skill-building workshops and space rentals for local groups. Their ultimate goal is to encourage community engagement in social issues, with music excellence being a potential by-product. With a small team of one dedicated individual, Hope On A String is committed to uplifting the community through music and cultural engagement.
Official website here: www.hopeonastring.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Hope On A String has achieved an exceptional Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization's score is based solely on its performance in the Accountability & Finance beacon, where it received full marks in various categories, demonstrating strong governance and transparency practices.
The nonprofit boasts a majority independent board, with 90% of its members being independent, which is crucial for ensuring objective oversight. Additionally, the organization has no issues with material diversion of assets, and it has established comprehensive policies, including conflict of interest and whistleblower protections. Its financial health is further evidenced by a low liabilities-to-assets ratio of 2.66% and a program expense ratio of 86.88%, indicating that a significant portion of its expenditures goes directly to its programs.
While the organization performs exceptionally well in governance and financial metrics, the summary does not provide qualitative insights into its programmatic impact or community feedback. Nevertheless, the robust financial management and operational transparency signal that it is effectively positioned to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hope On A String legitimate?
Hope On A String is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope On A String 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: $48,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $637
For more financial information, click here
Official website here: www.hopeonastring.org
What is the mission statement of Hope On A String?
Hope On A String is a non-profit organization that aims to foster social transformation and economic development in Haiti through participation in music. They believe in the power of music as a universal vehicle to galvanize community unity, serving as an emotional outlet and healing mechanism for individuals and communities. The organization's ultimate goal is to promote community engagement in addressing social issues, and they view music excellence in individuals as a potential by-product of this objective.
At their community center in Haiti, Hope On A String offers a wide range of performing arts classes, prioritizing youth in the region. They provide hundreds of hours of classes each week across music, dance, and theater, catering to various skill levels. Beyond arts education, the community center also serves as a space for dialogue, unity, and community engagement. Workshops, community dialogues, and opportunities for other community groups to utilize the space for their development activities are all part of Hope On A String's commitment to fostering growth and unity in Haiti.
Official website here: www.hopeonastring.org
Who is the CEO of Hope On A String?
Stacie Kosinski is the Executive Director of Hope On A String.
Official website here: www.hopeonastring.org
What is the revenue of Hope On A String?
Hope On A String's revenue in 2022 was $620,017.
Official website here: www.hopeonastring.org
Who are the executives of Hope On A String and what are their salaries?
The average compensation at Hope On A String during 2022 was $49,384. There is 1 employee and 11 volunteers at Hope On A String.
Here are 11 key members and their salaries:
- Compensation: $65,417
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Official website here: www.hopeonastring.org
Where can I find the form 990 for Hope On A String?
Hope On A String's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeonastring.org
Learn more at the official website: www.hopeonastring.org
Mission Statement of Hope On A String
Hope On A String, a non-profit organization, aims to foster social transformation and economic development in Haiti through music participation. Recognizing music's significant role in Haitian culture as an emotional outlet, healing mechanism, and community unifier, Hope On A String seeks to engage the community in music activities and support local initiatives. Their ultimate goal is to promote community engagement in addressing social issues, with music excellence in individuals serving as a potential byproduct.
Hope On A String operates a community center in a rural region of Arcahaie, offering a wide range of performing arts classes, including music, dance, and theater. This center welcomes individuals eager to participate, prioritizing youth from the region. With hundreds of hours of classes available each week, Hope On A String caters to various skill levels and disciplines. Beyond music instruction, the community center also serves as a platform for dialogue, unity, and community engagement. Workshops, community discussions, and space rental for development activities are among the services provided to foster a sense of unity and empowerment among community members.
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Impact
July, 2024
Hope On A String's impact lies in its ability to foster social transformation and economic development in Haiti through the power of music. By operating a community center in the rural region of Arcahaie, Hope On A String provides a platform for individuals to engage in music, dance, and theater classes, serving as an emotional outlet and healing mechanism for both individuals and communities. Through this model, the organization not only promotes music excellence but also galvanizes community unity and engagement in social issues. Hope On A String's commitment to building community through participation in music demonstrates the organization's dedication to empowering individuals and fostering positive change within Haitian communities.
This information is meant to be a general summary of Hope On A String. 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: $41
- Program Service Revenue: $5,753
- Gross Receipts: $620,017
Assets and Liabilities:
- Total Assets: $511,873
- Total Liabilities: $13,663
- Net Assets: $498,210
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSICAL PERFORMANCE
Revenue
$5,753
Organization Details
Founding Year
2011
Phone
(646) 469-4114Principal Officer
Stacie Kosinski
Main Address
PO BOX 714, BEDFORD HILLS, NY, 10507
Website
www.hopeonastring.orgNTEE Category
Code: Q30 - International
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