Overview
What is Ribbon Of Hope Inc?
Ribbon Of Hope Inc is a faith-based nonprofit organization based in Elkhart, Indiana, with a total of four employees. Their primary mission is to provide comfort, encouragement, and hope to cancer patients and their family members, with a strong focus on addressing their spiritual and emotional needs. Through their services, they aim to offer support to those affected by cancer, with a guiding principle of Jesus Christ. The organization's activities include offering practical assistance and resources to help those dealing with the emotional challenges of cancer.
Official website here: www.ribbonofhope.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (50%)
Ribbon Of Hope Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization shows strength in board independence and governance, with full points for having a majority of independent board members and comprehensive conflict of interest and whistleblower policies, it has notable weaknesses in transparency and financial efficiency.
The charity's program expense ratio is reported at 35.90%, which raises red flags about how effectively funds are being utilized for its mission. Additionally, the organization has a concerning liabilities to assets ratio of 2.43%, which reflects potential financial instability and raises questions about sustainability. The absence of the tax form on its website, which is crucial for transparency, further detracts from its accountability.
Overall, while Ribbon Of Hope Inc demonstrates strong governance practices, its low financial performance indicators and lack of transparency can be a cause for concern for potential donors and stakeholders. It is advisable for interested parties to carefully consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ribbon Of Hope Inc?
100% of reviewers on Facebook recommend Ribbon Of Hope Inc. Here's a summary of their comments:
The organization is praised for its unwavering support and commitment to individuals navigating the challenges of cancer. Reviewers express deep gratitude for the love, support, and prayers they have received throughout their journeys. One user highlighted that even years after their initial diagnosis, the nonprofit continues to provide essential care and encouragement, making a lasting impact on their lives.
Overall, the sentiment surrounding Ribbon Of Hope Inc. is profoundly positive, with individuals feeling valued and supported throughout their cancer experiences. The connection offered by the group appears to foster a strong sense of community, which is crucial for those facing such life-altering challenges.
This AI summary has been generated from reviews found on Facebook.
Is Ribbon Of Hope Inc legitimate?
Ribbon Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ribbon 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: $77,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,390
For more financial information, click here
Official website here: www.ribbonofhope.org
What is the mission statement of Ribbon Of Hope Inc?
The mission of Ribbon Of Hope Inc is to provide comfort, encouragement, and hope to individuals battling cancer, all through the lens of Jesus Christ. Their primary focus is to cater to the spiritual and emotional needs of these patients, offering a variety of practical services to assist both the patients and their family members. By doing so, they aim to offer a supportive and uplifting environment for those going through this challenging journey.
Official website here: www.ribbonofhope.org
Who is the CEO of Ribbon Of Hope Inc?
Loretta Salchert is the Board Member of Ribbon Of Hope Inc.
Official website here: www.ribbonofhope.org
What is the revenue of Ribbon Of Hope Inc?
Ribbon Of Hope Inc's revenue in 2022 was $290,270.
Official website here: www.ribbonofhope.org
Who are the executives of Ribbon Of Hope Inc and what are their salaries?
The average compensation at Ribbon Of Hope Inc during 2022 was $39,514. There are 4 employees and 82 volunteers at Ribbon Of Hope Inc.
Here are 13 key members and their salaries:
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- Compensation: $75,458
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Official website here: www.ribbonofhope.org
Where can I find the form 990 for Ribbon Of Hope Inc?
Ribbon Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ribbonofhope.org
Learn more at the official website: www.ribbonofhope.org
Mission Statement of Ribbon Of Hope Inc
Ribbon of Hope Inc is a non-profit organization dedicated to providing comfort, encouragement, and hope to those battling cancer, all through the lens of Jesus Christ. The mission of Ribbon of Hope is centered around caring for the spiritual and emotional needs of cancer patients and their family members. This compassionate organization offers a variety of practical services to assist these individuals during their challenging journey. By focusing on the emotional well-being of patients, Ribbon of Hope aims to provide a much-needed source of support and solace during a difficult time.
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Impact
June, 2024
Ribbon Of Hope Inc provides essential services to support cancer patients and their families in Elkhart, IN. By offering comfort, encouragement, and hope through Jesus Christ, they address the spiritual and emotional needs of those facing the challenges of cancer. Their impact is tangible in providing practical assistance and fostering mental health wellness for individuals navigating this difficult journey.
This information is meant to be a general summary of Ribbon 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.
- Investment Income: $155
- Gross Receipts: $290,270
Assets and Liabilities:
- Total Assets: $270,734
- Total Liabilities: $6,604
- Net Assets: $264,130
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Organization Details
Founding Year
2000
Phone
(574) 990-4673Principal Officer
Loretta Salchert
Main Address
5230 BECK DRIVE 2B, ELKHART, IN, 46516
Website
www.ribbonofhope.orgNTEE Category
Code: F60 - Mental health
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