Overview
What is Haymakers For Hope Inc?
Haymakers For Hope Inc is a compassionate nonprofit organization based in Wellesley, Massachusetts. Their primary mission is to combat cancer by organizing charity boxing events, providing an opportunity for individuals to actively contribute towards fighting this disease. They collaborate with first-time amateur boxers, local boxing gyms, and volunteers, preparing them for each event. The funds raised through these athletic events are donated to charities that meet the criteria of Section 501(C)(3), with a focus on supporting cancer research and education in underprivileged communities. Additionally, Haymakers For Hope Inc raises awareness about public health and medical research issues through various events and programs. With a dedicated team of 13 members, they strive to make a significant impact in the fight against cancer.
Official website here: www.haymakersforhope.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Haymakers For Hope Inc has received a Three-Star rating from Charity Navigator, which indicates a solid performance in terms of accountability and finance. The high score reflects strong governance, with a majority of independent board members and robust financial statements, including a clean audit. Additionally, the organization demonstrates a healthy liabilities-to-assets ratio and a commendable program expense ratio, indicating that a significant portion of its budget is allocated toward its mission.
However, there are notable limitations in the organization's governance policies. Specifically, Haymakers For Hope is missing key policies such as a conflict of interest policy and a whistleblower policy, both of which are essential for maintaining transparency and ethical oversight. Furthermore, the absence of a document retention and destruction policy raises concerns about data management practices.
Overall, while Haymakers For Hope exhibits strengths in financial management and board independence, the lack of certain governance policies suggests room for improvement. Addressing these gaps could enhance the organization's accountability and strengthen public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Haymakers For Hope Inc legitimate?
Haymakers For Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haymakers 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: $651,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $461,505
For more financial information, click here
Official website here: www.haymakersforhope.org/
What is the mission statement of Haymakers For Hope Inc?
Haymakers For Hope Inc's mission is centered around raising funds and promoting awareness for charitable organizations that meet the criteria of Section 501(C)(3). They achieve this goal by organizing and conducting amateur athletic events, such as boxing matches. These events not only serve as a platform to raise funds but also function as a means to spread awareness about various public health and medical research issues. Moreover, Haymakers For Hope Inc focuses on supporting cancer research and education in underprivileged communities, leveraging the efforts of first-time amateur boxing participants, local boxing gyms, and volunteers.
Official website here: www.haymakersforhope.org/
Who is the CEO of Haymakers For Hope Inc?
Andrew Myerson is the Director of Haymakers For Hope Inc.
Official website here: www.haymakersforhope.org/
What is the revenue of Haymakers For Hope Inc?
Haymakers For Hope Inc's revenue in 2023 was $4,816,031.
Official website here: www.haymakersforhope.org/
Who are the executives of Haymakers For Hope Inc and what are their salaries?
The average compensation at Haymakers For Hope Inc during 2023 was $85,593. There are 13 employees and 200 volunteers at Haymakers For Hope Inc.
Here are 10 key members and their salaries:
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- Compensation: $149,223
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- Other: $20,544
- Compensation: $255,000
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- Other: $19,380
- Compensation: $190,000
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- Other: $19,380
Official website here: www.haymakersforhope.org/
Where can I find the form 990 for Haymakers For Hope Inc?
Haymakers For Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.haymakersforhope.org/
Learn more at the official website: www.haymakersforhope.org/
Mission Statement of Haymakers For Hope Inc
Haymakers For Hope Inc is a nonprofit organization dedicated to raising funds and increasing awareness for charities that meet the criteria established in Section 501(C)(3), primarily focusing on cancer research and education in underserved communities. To achieve this mission, the organization develops, organizes, and conducts amateur athletic events and related activities. These events provide a unique platform for everyday individuals to engage in charity boxing matches, allowing them to fight back against cancer while raising necessary funds and spreading awareness. The organization collaborates with local boxing gyms and volunteers to prepare participants for these events, fostering a sense of community and shared purpose. The ultimate goal of Haymakers For Hope Inc is to support life-saving researchers by providing them with the resources necessary to fully concentrate on discovering a cure for cancer.
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Impact
October, 2024
Haymakers For Hope Inc. makes a significant impact by combining athleticism with a mission to combat cancer. Through unique charity boxing events, everyday individuals are empowered to fight back against this devastating disease, training rigorously and stepping into the ring to raise funds and awareness.
These events not only foster community engagement and physical well-being but also channel the energy and determination of participants into tangible support for cancer research and education, particularly in underprivileged communities. By collaborating with local boxing gyms and volunteers, Haymakers For Hope creates a platform for amateur athletes to make a meaningful difference, while also educating the public on critical health issues.
Ultimately, the organization is dedicated to providing researchers with the resources they need to advance their work, aiming to unlock breakthroughs in the fight against cancer. Through its innovative approach, Haymakers For Hope not only contributes to vital medical research but also inspires hope and resilience in communities affected by cancer.
This information is meant to be a general summary of Haymakers 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 2023.
- Investment Income: $4,449
- Program Service Revenue: $4,706,215
- Gross Receipts: $4,816,031
Assets and Liabilities:
- Total Assets: $1,122,045
- Total Liabilities: $205,751
- Net Assets: $916,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOXING EVENTS
Revenue
$4,706,215
Organization Details
Founding Year
2010
Phone
(877) 829-5000Principal Officer
Andrew Myerson
Main Address
31 EDMUNDS ROAD, WELLESLEY, MA, 02481
Website
www.haymakersforhope.org/NTEE Category
Code: H123 - Medical research
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