Overview
What is Hope For The World Foundation Inc?
Hope For The World Foundation Inc is a charitable organization, headquartered in Spring Hill, Tennessee. With a focus on missionary work, they extend their support to various initiatives globally, including Albania. In Albania, their mission involves providing humanitarian aid to several institutions such as orphanages, a handicapped center, a feeding center, a teen center, and water wells, as well as offering medical and educational resources. Their primary goal is to alleviate poverty, instill purpose in individuals' lives through education, and revive hope for the future, especially for the children in the Albanian orphanages. The foundation operates with a small team of dedicated individuals.
Official website here: www.hftw.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 69%)
Hope For The World Foundation Inc has received a two-star rating from Charity Navigator, indicating that while the organization is operational, there are several areas needing improvement. The foundation demonstrates strong independence on its board, with 100% of its members being independent and a solid financial ratio regarding liabilities to assets, showing good management of debt.
However, the organization has significant shortcomings in transparency and accountability, including the absence of financial statements and several critical policies such as conflict of interest and whistleblower protection. Additionally, the organization's tax form is not posted on its website, which further detracts from its overall score. Despite a high program expense ratio of over 93%, these gaps in governance and documentation could impact donor trust and engagement.
In summary, while Hope For The World Foundation Inc shows promise in some financial metrics and board independence, it must address its accountability issues to improve its standing with stakeholders and potential donors. Addressing these limitations could significantly enhance the organization's overall effectiveness and reputation.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hope For The World Foundation Inc?
100% of 9 reviewers on Facebook recommend Hope For The World Foundation Inc. Here is a summary of their reviews: The organization is praised for its heartfelt commitment and strong vision. Supporters highlight the integrity and truth that the foundation embodies, expressing admiration for the positive impact it has on the community.
Reviewers convey a strong sense of connection and appreciation for the nonprofit's mission. Their positive experiences reflect a trust in the foundation's values and leadership, suggesting that Hope For The World Foundation Inc. effectively fulfills its objectives.
Overall, the feedback emphasizes a high level of satisfaction among supporters, showcasing the organization's ability to inspire and make a difference in people's lives.
This AI summary has been generated from reviews found on Facebook.
Is Hope For The World Foundation Inc legitimate?
Hope For The World Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For The World Foundation 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hftw.org
What is the mission statement of Hope For The World Foundation Inc?
The Hope For The World Foundation Inc's mission is centered around rescuing individuals from poverty in Albania, revealing a sense of purpose in their lives through education, and restoring hope for a better future. The organization actively works towards achieving these goals by supporting various missionary and charitable initiatives. This includes providing humanitarian aid to five orphanages, a handicapped center, a feeding center, a teen center, water wells, medical support, and educational resources. The foundation's efforts aim to bring about positive changes in the lives of the Albanian people and the orphans they serve.
Official website here: www.hftw.org
Who is the CEO of Hope For The World Foundation Inc?
Kenneth H Mullins is the Presidentceo of Hope For The World Foundation Inc. The CEO's salary of Hope For The World Foundation Inc is $125,000 and their total compensation is $125,000.
Official website here: www.hftw.org
What is the revenue of Hope For The World Foundation Inc?
Hope For The World Foundation Inc's revenue in 2022 was $732,518.
Official website here: www.hftw.org
Who are the executives of Hope For The World Foundation Inc and what are their salaries?
The average compensation at Hope For The World Foundation Inc during 2022 was $125,000. There is 1 employee at Hope For The World Foundation Inc.
Here are 8 key members and their salaries (Hope For The World Foundation Inc's CEO's salary is $125,000 and their total compensation is $125,000):
- Compensation: $125,000
- Related: $0
- Other: $0
- Compensation: $0
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- 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.hftw.org
Where can I find the form 990 for Hope For The World Foundation Inc?
Hope For The World Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hftw.org
Learn more at the official website: www.hftw.org
Mission Statement of Hope For The World Foundation Inc
Hope For The World Foundation, a dedicated organization, is committed to rescuing Albanian individuals and children from poverty, revealing purpose in their lives, and restoring hope for a brighter future. This is achieved primarily through educational initiatives and humanitarian support. The foundation's mission extends beyond Albania, as it also supports missionaries and their works in various parts of the world. In Albania, Hope For The World Foundation's efforts are particularly focused on orphanages, where it provides essential support to five such institutions, a handicapped center, a feeding center, a teen center, and constructs water wells. Moreover, the foundation's mission encompasses medical and educational aid, ensuring that the children in these orphanages receive the necessary care and opportunities for growth.
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Impact
October, 2024
Hope For The World Foundation Inc significantly impacts the lives of children and communities in Albania by rescuing individuals from poverty, revealing their potential through education, and restoring hope for a brighter future. Their extensive humanitarian efforts support five orphanages, a handicapped center, a feeding center, and a teen center. These initiatives encompass essential services such as water well development, medical care, and educational opportunities, all aimed at uplifting vulnerable populations. By addressing both immediate needs and long-term growth, the foundation fosters transformative change, helping individuals discover their purpose and enhancing the overall quality of life in their communities.
This information is meant to be a general summary of Hope For The World Foundation 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.
- Gross Receipts: $745,429
Assets and Liabilities:
- Total Assets: $249,599
- Total Liabilities: $25,006
- Net Assets: $224,593
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Organization Details
Founding Year
2015
Phone
(877) 815-4389Principal Officer
Kenneth H Mullins
Main Address
PO Box 1226, Spring Hill, TN, 37174
Website
www.hftw.orgNTEE Category
Code: X12 - Religion related
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