Overview
What is Harbor Of Hope Inc?
Harbor of Hope Inc, situated in McKinney, Texas, is a nonprofit organization that dedicates its resources to supporting and rehabilitating children. Operating with a team of six dedicated individuals, Harbor of Hope provides child care services and treatment to male and female children, ranging from infancy to the age of 17. For children who meet specific eligibility criteria, support continues up to the age of 22 within their foster care program. Their mission is to instill hope in these vulnerable children and their families, offering round-the-clock support, case management, consultation, and referrals to various community service providers. Their primary goal is to ensure a brighter future for these children by connecting them with the necessary resources and support.
Official website here: www.theharborofhope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
Harbor Of Hope Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 92%, indicating a high level of financial health and transparency. The rating is derived entirely from its accountability and finance beacon, with notable strengths in independent board governance and the absence of material asset diversion.
One of the organization's strengths includes having a fully independent board, which scored the maximum points available. Additionally, it demonstrates a solid program expense ratio of 78.91%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. However, there are some areas for improvement, such as the absence of a conflict of interest policy and the failure to post its tax form on its website, which resulted in lower scores in those categories.
Overall, while Harbor Of Hope Inc showcases strong financial practices and governance, addressing the noted limitations could further enhance its accountability and transparency. This would not only bolster its rating but also strengthen donor confidence in the organization’s operations.
This AI summary has been generated from information found on Charity Navigator.
Is Harbor Of Hope Inc legitimate?
Harbor Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harbor Of 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: $76,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,204
For more financial information, click here
Official website here: www.theharborofhope.org
What is the mission statement of Harbor Of Hope Inc?
Harbor of Hope Inc's mission is centered around offering hope to children and their families. They achieve this by offering round-the-clock support, case management, consultations, and referrals to community service providers. Their objective is to provide a comprehensive suite of services, including child care and treatment, for male and female children from birth to 17, and up to 22 if they meet specific eligibility criteria for continued foster care. The organization's mission is to be a reliable source of support for these families, helping them navigate the complexities of their circumstances.
Official website here: www.theharborofhope.org
Who is the CEO of Harbor Of Hope Inc?
Jami Wampler is the President of Harbor Of Hope Inc.
Official website here: www.theharborofhope.org
What is the revenue of Harbor Of Hope Inc?
Harbor Of Hope Inc's revenue in 2022 was $999,075.
Official website here: www.theharborofhope.org
Who are the executives of Harbor Of Hope Inc and what are their salaries?
The average compensation at Harbor Of Hope Inc during 2022 was $52,112. There are 6 employees at Harbor Of Hope Inc.
Here are 4 key members and their salaries:
- Compensation: $76,469
- 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.theharborofhope.org
Where can I find the form 990 for Harbor Of Hope Inc?
Harbor Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theharborofhope.org
Learn more at the official website: www.theharborofhope.org
Mission Statement of Harbor Of Hope Inc
Harbor of Hope Inc is committed to offering a beacon of hope for children and families in need. Their mission is to provide round-the-clock support, case management, consultation, and referrals to relevant community service providers. This nonprofit organization strives to make a significant impact in the lives of male and female children, from infancy to the age of 17, and up to 22 if they meet specific eligibility criteria for continued care within their foster care program. Harbor of Hope Inc's mission is to offer a comprehensive and holistic approach, aiming to help these children and families navigate through their challenges, ultimately fostering their overall well-being.
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Impact
October, 2024
Harbor Of Hope Inc significantly impacts the lives of children and families in McKinney, TX, by delivering continuous, reliable support. Their 24/7 services ensure that clients have access to the resources they need at any time, fostering stability in times of crisis. Through comprehensive case management, consultation, and referrals to community service providers, they connect families with essential support networks.
Focusing on males and females from birth to 17 years of age, and extending services to young adults up to 22 if they qualify for the foster care program, Harbor Of Hope plays a crucial role in the wellbeing and development of vulnerable populations. Their dedication not only meets immediate needs but also empowers families by equipping them with the tools necessary for long-term success. The organization serves as a beacon of hope, helping to build stronger, healthier communities.
This information is meant to be a general summary of Harbor Of 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.
- Program Service Revenue: $998,160
- Gross Receipts: $999,075
Assets and Liabilities:
- Total Assets: $291,327
- Total Liabilities: $131,486
- Net Assets: $159,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Foster Care
Revenue
$939,160
Adoption
Revenue
$59,000
Organization Details
Founding Year
2016
Phone
(817) 304-8207Principal Officer
Jami Wampler
Main Address
901 N McDonald St APT 607, McKinney, TX, 75069
Website
www.theharborofhope.orgNTEE Category
Code: P32 - Human services
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