Overview
What is Lighthouse For New Hope?
Lighthouse For New Hope is a small nonprofit organization situated in Mesquite, Texas. Their primary mission is to provide a supportive environment for grieving children, offering recovery facilities to help them cope with their losses. In 2021 alone, they organized three grief support sessions: a 14-week session in the fall, an 8-week session in the summer, and another 14-week session in the spring. The organization's dedication is evident in their continuous efforts to maintain a facility where children can heal and recover from their grief. With a team of just two employees, Lighthouse For New Hope demonstrates a strong commitment to making a difference in the lives of grieving children.
Official website here: www.lighthousefornewhope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Lighthouse For New Hope has achieved an impressive Four-Star rating from Charity Navigator, primarily due to its strong focus on accountability and finance. With a perfect score in areas such as board independence and financial transparency, the organization demonstrates a robust commitment to ethical governance and effective use of resources. The charity's program expenses are notably high, indicating that a significant portion of its funding is directed towards its mission-related activities.
The organization boasts a fully independent board, with all ten members meeting the independence criteria. This structure not only enhances oversight but also minimizes potential conflicts of interest, as evidenced by the presence of comprehensive policies on conflict of interest, whistleblower protections, and document management. Additionally, the charity's low liabilities-to-assets ratio reflects a sound financial position, ensuring stability and ongoing support for its programs.
While Lighthouse For New Hope excels in its financial practices and governance, ongoing assessment of program impact and community feedback would bolster understanding of its overall effectiveness. Nevertheless, the strong accountability measures in place signify a reputable organization dedicated to making a positive difference.
This AI summary has been generated from information found on Charity Navigator.
Is Lighthouse For New Hope legitimate?
Lighthouse For New Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lighthouse For New Hope 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: $15,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lighthousefornewhope.org
What is the mission statement of Lighthouse For New Hope?
Lighthouse For New Hope's mission is to establish and maintain a grief recovery facility for children. This organization focuses on providing a supportive environment for young individuals navigating the complexities of grief. Throughout the year of 2021 and into the spring of 2022, they conducted 14-week grief support sessions, and during the summer, they offered an 8-week session, demonstrating their commitment to helping children in need.
Official website here: www.lighthousefornewhope.org
Who is the CEO of Lighthouse For New Hope?
Nancy Bollman is the President of Lighthouse For New Hope.
Official website here: www.lighthousefornewhope.org
What is the revenue of Lighthouse For New Hope?
Lighthouse For New Hope's revenue in 2022 was $98,469.
Official website here: www.lighthousefornewhope.org
Who are the executives of Lighthouse For New Hope and what are their salaries?
The average compensation at Lighthouse For New Hope during 2022 was $7,800. There are 2 employees and 20 volunteers at Lighthouse For New Hope.
Here are 9 key members and their salaries:
- Compensation: $8,400
- Related: $0
- Other: $0
- Compensation: $7,200
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lighthousefornewhope.org
Where can I find the form 990 for Lighthouse For New Hope?
Lighthouse For New Hope's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lighthousefornewhope.org
Learn more at the official website: www.lighthousefornewhope.org
Mission Statement of Lighthouse For New Hope
Lighthouse For New Hope is an organization dedicated to establishing and maintaining a grief recovery facility for children. Specifically, its mission is to provide a supportive environment where children can navigate through the grieving process following a significant loss. In the recent past, the organization has conducted multiple grief support sessions, including two 14-week sessions during the fall of 2021 and the spring of 2022, and one 8-week session during the summer of 2021. By offering these sessions, Lighthouse For New Hope aims to help children cope with their grief, heal, and move forward.
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Impact
June, 2024
Lighthouse For New Hope has made a significant impact by establishing and maintaining a grief recovery facility for children in Mesquite, Texas. They have provided essential support to children coping with loss by organizing two 14-week grief support sessions in the fall of 2021 and the spring of 2022, as well as one 8-week support session in the summer of 2021. Their dedication to addressing mental health issues in children facing grief has helped countless young individuals navigate their emotions and find healing in a supportive environment.
This information is meant to be a general summary of Lighthouse For New Hope. 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: $30
- Gross Receipts: $98,469
Assets and Liabilities:
- Total Assets: $379,391
- Total Liabilities: $68,846
- Net Assets: $310,545
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Organization Details
Founding Year
2002
Phone
(972) 226-3110Principal Officer
Nancy Bollman
Main Address
PO Box 851030, Mesquite, TX, 75185
Website
www.lighthousefornewhope.orgNTEE Category
Code: F60 - Mental health
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