Overview
What is Michaels House Of Hope Inc?
Michaels House of Hope Inc is a nonprofit organization dedicated to providing a spiritual refuge for individuals and families in need. Its mission is to establish and maintain an evangelism ministry, offering support to the indigent, aged, infirmed, emotionally or financially burdened, abused, neglected, children, unwed mothers, and those struggling with substance abuse. The organization aims to provide a safe haven and various resources, including spiritual guidance, to help these individuals overcome their challenges and lead fulfilling lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star rating)
Michaels House Of Hope Inc holds a Two-Star rating from Charity Navigator, reflecting a score of 63%. This rating is primarily based on the organization’s accountability and finance practices. While the organization excels with a perfect score for having a majority of independent board members and no material diversion of assets, it has significant shortcomings in transparency, as indicated by missing key policies and documentation.
The organization scored well in managing its finances, demonstrated by a program expense ratio of 77.25%, indicating that a substantial portion of its budget is directed towards its programs. However, it lacks essential governance documents like a conflict of interest policy and a whistleblower policy, which could impact its overall accountability and stakeholder trust. The absence of these documents is a notable limitation.
In summary, while Michaels House Of Hope Inc demonstrates fiscal responsibility and effective program spending, its governance practices require improvement to enhance transparency and accountability. Addressing these deficiencies could potentially strengthen its standing and public confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Michaels House Of Hope Inc legitimate?
Michaels House Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michaels House 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Michaels House Of Hope Inc?
Michaels House of Hope Inc. is dedicated to establishing and maintaining an evangelism ministry as a spiritual refuge haven. Its mission is to provide assistance and support to individuals who are financially, emotionally, or spiritually burdened, abused, or neglected. This includes indigent, aged, infirmed, unwed mothers, children, and those struggling with substance abuse. The organization aims to serve as a sanctuary where these individuals can find solace and receive the necessary help they need.
What is the revenue of Michaels House Of Hope Inc?
Michaels House Of Hope Inc's revenue in 2022 was $0.
Who are the executives of Michaels House Of Hope Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Michaels House Of Hope Inc?
Michaels House Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Michaels House Of Hope Inc
Michaels House of Hope Inc is dedicated to establishing and maintaining an evangelism ministry as a spiritual refuge haven. This mission aims to serve indigent, aged, infirmed, or financially, emotionally, or spiritually burdened individuals, children, unwed mothers, and those struggling with substance abuse. The organization's primary goal is to provide a safe haven for these individuals, offering them support and care to help them overcome their challenges. By doing so, Michaels House of Hope Inc seeks to bring hope and healing to those who are in need, ultimately acting as a beacon of hope in their lives.
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Impact
October, 2024
Michaels House Of Hope Inc serves as a vital spiritual refuge for individuals facing various challenges, including those who are indigent, aged, infirmed, emotionally or financially burdened, abused, neglected, or struggling with substance abuse. By providing a supportive environment, it addresses the needs of those who often feel marginalized or forgotten.
The organization focuses on ministering to vulnerable populations such as children and unwed mothers, offering them not just support but also hope and guidance. Through its evangelism ministry, Michaels House Of Hope Inc fosters a sense of community and belonging, helping individuals to heal spiritually and emotionally. The impact of its work extends beyond immediate assistance, as it seeks to empower individuals to overcome their difficulties and build a more stable and fulfilling future.
In Tyler, Texas, it not only addresses immediate needs but also uplifts and transforms lives, creating lasting change within the community. By nurturing those who are suffering, Michaels House Of Hope Inc plays a crucial role in enhancing the overall well-being and resilience of the people it serves.
This information is meant to be a general summary of Michaels House 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.
Assets and Liabilities:
- Total Assets: $758,053
- Total Liabilities: $0
- Net Assets: $758,053
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Organization Details
Founding Year
1998
Principal Officer
Rudy J Bond
NTEE Category
Code: P28 - Human services
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