Overview
What is Raising Hope Inc?
Raising Hope Inc, located at 109 Daboll Street, Providence, RI 02907, is a dedicated nonprofit organization. Its primary mission is to provide essential home health care and family services to 26 elderly individuals, as well as individuals with disabilities. Beyond this, Raising Hope Inc also offers youth development activities, incorporating cultural events such as Afro-Caribbean drumming workshops. With a staff of 46 dedicated individuals, this nonprofit is committed to enhancing the lives of its community members.
Official website here: www.raisinghopeinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star Rating
Raising Hope Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance with a score of 75%. The charity's overall score is derived entirely from its Accountability & Finance metrics, which reflect a strong commitment to financial health and transparency. The high program expense ratio of 99.35% suggests that the majority of their funds are directed towards their programs, which is a positive indicator for potential donors.
The organization showcases a well-structured governance framework with 85% of its board members being independent, demonstrating a commitment to unbiased oversight. Furthermore, it adheres to best practices in terms of accountability, having policies for whistleblower protection and document retention, which are essential for maintaining trust and integrity within the nonprofit sector.
While the charity appears to excel in accountability and financial management, it's important for potential donors to consider any other qualitative aspects of its operations and mission impact that may not be captured in the financial metrics alone. Overall, Raising Hope Inc seems to be a responsible choice for donors looking to support a nonprofit with a strong emphasis on financial integrity and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Raising Hope Inc legitimate?
Raising Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raising 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: $85,352
Professional Fundraising Fees: $0
Other Salaries and Wages: $655,939
For more financial information, click here
Official website here: www.raisinghopeinc.org
What is the mission statement of Raising Hope Inc?
Raising Hope Inc is committed to providing care services for elderly individuals and people with disabilities, serving as their home health care provider. Additionally, they offer engaging activities to youth, including Afro-Caribbean drumming workshops, and cultural events. Their mission encompasses offering home health care and family services to a community of 26 elderly individuals.
Official website here: www.raisinghopeinc.org
Who is the CEO of Raising Hope Inc?
Isaac Ogbomo is the Chairman of Raising Hope Inc.
Official website here: www.raisinghopeinc.org
What is the revenue of Raising Hope Inc?
Raising Hope Inc's revenue in 2022 was $1,311,261.
Official website here: www.raisinghopeinc.org
Who are the executives of Raising Hope Inc and what are their salaries?
The average compensation at Raising Hope Inc during 2022 was $16,115. There are 46 employees at Raising Hope Inc.
Here are 7 key members and their salaries:
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- Compensation: $85,352
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Official website here: www.raisinghopeinc.org
Where can I find the form 990 for Raising Hope Inc?
Raising Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.raisinghopeinc.org
Learn more at the official website: www.raisinghopeinc.org
Mission Statement of Raising Hope Inc
Raising Hope Inc, a nonprofit organization, is dedicated to two primary objectives. Firstly, it provides home health care and family services to the elderly population. This involves offering essential support and assistance to help these individuals maintain their independence and quality of life. Secondly, Raising Hope Inc focuses on youth development activities. Through engaging programs, such as Afro-Caribbean drumming workshops, the organization encourages personal growth and cultural awareness among young people. Additionally, Raising Hope Inc organizes various cultural activities, fostering a sense of community and promoting cultural diversity. In terms of numbers, the organization serves 26 elderly individuals, providing them with necessary care and support.
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Impact
July, 2024
Raising Hope Inc has a significant impact on the community by providing essential home care and family services to elderly individuals and those with disabilities. Additionally, they offer youth development activities, including Afro-Caribbean drumming workshops and cultural activities. By serving 26 elderly individuals in Providence, Rhode Island, Raising Hope Inc is fulfilling its mission to support the elderly population and engage the youth in innovative educational experiences. This organization's work exemplifies a commitment to improving the lives of both the elderly and the youth in their community.
This information is meant to be a general summary of Raising 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: $1,298,506
- Gross Receipts: $1,311,261
Assets and Liabilities:
- Total Assets: $746,044
- Total Liabilities: $60,154
- Net Assets: $685,890
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$1,298,506
Organization Details
Founding Year
2003
Principal Officer
Isaac Ogbomo
Main Address
109 DABOLL STREET, PROVIDENCE, RI, 02907
Website
www.raisinghopeinc.orgNTEE Category
Code: B90 - Education
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