Overview
What is Knox New Hope Industries Inc?
Knox New Hope Industries Inc, situated in Mount Vernon, Ohio, is a nonprofit organization dedicated to supporting individuals with disabilities. With a workforce of 71 individuals, the organization provides essential services, training, and employment opportunities to enhance the lives of 43 individuals. Their primary mission involves enabling these individuals to engage in social activities and interactions, fostering a sense of community and personal growth. By offering adult day services and vocational habilitation, Knox New Hope Industries Inc empowers its members to lead fulfilling lives, promoting their independence and overall well-being.
Official website here: www.newhopeind.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. This rating indicates that Knox New Hope Industries Inc has a solid level of accountability and financial health, as assessed through various metrics. The score reflects a strong performance in areas like board independence and the absence of material asset diversion, showcasing the organization’s commitment to ethical governance.
The organization achieved perfect scores in several key areas, including having a fully independent board and a well-defined conflict of interest policy. Additionally, it has established robust financial practices, as evidenced by a low liabilities-to-assets ratio and a significant portion of its expenses allocated to programs, indicating effective use of resources in fulfilling its mission.
However, the overall score is solely based on accountability and finance metrics, which might limit insights into other aspects like program effectiveness or impact. While the financial health and governance are commendable, potential donors and supporters may wish to seek further information about the organization’s operational success and community impact to gain a more comprehensive understanding.
This AI summary has been generated from information found on Charity Navigator.
Is Knox New Hope Industries Inc legitimate?
Knox New Hope Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knox New Hope Industries 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: $107,699
Professional Fundraising Fees: $0
Other Salaries and Wages: $472,695
For more financial information, click here
Official website here: www.newhopeind.com
What is the mission statement of Knox New Hope Industries Inc?
Knox New Hope Industries Inc is committed to providing services, training, and employment opportunities for individuals with disabilities. Their mission is to empower these individuals, allowing them to engage in social interaction and activities. This is achieved through offering adult day services and vocational habilitation to 43 individuals, thereby enhancing their overall well-being. The organization's activities aim to improve the quality of life for individuals with disabilities, promoting their inclusion and independence in society.
Official website here: www.newhopeind.com
Who is the CEO of Knox New Hope Industries Inc?
Angela Wise is the Ceo of Knox New Hope Industries Inc. The CEO's salary of Knox New Hope Industries Inc is $74,809 and their total compensation is $107,699.
Official website here: www.newhopeind.com
What is the revenue of Knox New Hope Industries Inc?
Knox New Hope Industries Inc's revenue in 2022 was $1,161,434.
Official website here: www.newhopeind.com
Who are the executives of Knox New Hope Industries Inc and what are their salaries?
The average compensation at Knox New Hope Industries Inc during 2022 was $8,175. There are 71 employees at Knox New Hope Industries Inc.
Here are 6 key members and their salaries (Knox New Hope Industries Inc's CEO's salary is $74,809 and their total compensation is $107,699):
- Compensation: $74,809
- Related: $0
- Other: $32,890
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newhopeind.com
Where can I find the form 990 for Knox New Hope Industries Inc?
Knox New Hope Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newhopeind.com
Learn more at the official website: www.newhopeind.com
Mission Statement of Knox New Hope Industries Inc
Knox New Hope Industries Inc is an organization dedicated to providing services, training, and employment opportunities for individuals with disabilities. Their mission, in simple terms, is to empower these individuals, enabling them to engage in social interactions and activities through adult day services and vocational habilitation programs. By offering these resources, Knox New Hope Industries Inc strives to enhance the quality of life for 43 individuals, providing them with the necessary tools to fully participate in their communities.
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Impact
October, 2024
Knox New Hope Industries Inc significantly enhances the lives of individuals with disabilities by providing essential services, training, and employment opportunities. Located in Mount Vernon, Ohio, the organization supports 43 individuals through adult day services and vocational habilitation programs. These initiatives foster social interaction and engagement, allowing participants to develop skills and gain confidence in a supportive environment. By focusing on employment readiness and social inclusion, Knox New Hope Industries plays a crucial role in empowering individuals, promoting independence, and enhancing the overall quality of life for persons with disabilities in the community.
This information is meant to be a general summary of Knox New Hope Industries 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: $9,994
- Program Service Revenue: $929,337
- Gross Receipts: $1,172,402
Assets and Liabilities:
- Total Assets: $2,407,773
- Total Liabilities: $335,154
- Net Assets: $2,072,619
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADULT DAY PROGRAM
Revenue
$407,920
TRANSPORTATION PROGRAM
Revenue
$232,565
HPC REVENUE
Revenue
$103,059
SERVICE CONTRACTS/SALES
Revenue
$95,557
OOD REVENUE
Revenue
$82,391
Organization Details
Founding Year
1976
Phone
(740) 397-4601Principal Officer
Angela Wise
Main Address
12200 UPPER FREDERICKTOWN ROAD, MOUNT VERNON, OH, 43050
Website
www.newhopeind.comNTEE Category
Code: J33Z - Employment
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