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Heart Of Hope Ministries Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 412187038 ✦ Keithville, LA ✦ Designated as a 501(c)(3)

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Overview

What is Heart Of Hope Ministries Inc?

Heart of Hope Ministries Inc is a nonprofit organization that provides housing for single pregnant women. Located within this facility, the women receive assistance in making decisions regarding adoption and other related matters. The organization's mission is to accommodate and support unwed mothers during their pregnancy, offering them a safe and nurturing environment. Heart of Hope Ministries aims to help these women navigate through this challenging period, empowering them to make informed decisions for themselves and their babies.


Official website here: www.heartofhopeministry.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Heart Of Hope Ministries Inc has received an 81% rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization has achieved a perfect score for its independent board members and financial audits, indicating a commitment to transparent operations. Its low liabilities to assets ratio suggests sound financial health, which is a positive indicator for potential donors.

However, the organization does have some limitations that are worth noting. It has fallen short in implementing essential governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, which are crucial for ensuring accountability and safeguarding the organization’s integrity. Additionally, the nonprofit has not posted its tax form on its website, which may limit transparency for stakeholders seeking more information.

Despite these shortcomings, the strong program expense ratio of 67.23% demonstrates that a significant portion of its resources is directed towards its mission-related activities. Overall, while Heart Of Hope Ministries Inc exhibits solid financial practices, improvements in governance and transparency policies could enhance its credibility and effectiveness in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Heart Of Hope Ministries Inc legitimate?

Heart Of Hope Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heart Of Hope Ministries 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: $208,064

For more financial information, click here


Official website here: www.heartofhopeministry.com

What is the mission statement of Heart Of Hope Ministries Inc?

Heart of Hope Ministries Inc. serves as a shelter, offering housing to single pregnant women. Its primary mission is to aid these women in making informed decisions regarding adoption and other related matters. The organization provides a supportive environment during this critical period, offering resources and assistance to empower them throughout their pregnancy. By offering accommodations and guidance, Heart of Hope Ministries Inc. aims to provide pregnant women with the necessary tools to make well-informed choices, ensuring their well-being and the future of their unborn children.


Official website here: www.heartofhopeministry.com

Who is the CEO of Heart Of Hope Ministries Inc?

Caroline Hammond is the Principal Officer of Heart Of Hope Ministries Inc.


Official website here: www.heartofhopeministry.com

What is the revenue of Heart Of Hope Ministries Inc?

Heart Of Hope Ministries Inc's revenue in 2022 was $589,750.


Official website here: www.heartofhopeministry.com

Who are the executives of Heart Of Hope Ministries Inc and what are their salaries?

The average compensation at Heart Of Hope Ministries Inc during 2022 was $18,915. There are 11 employees at Heart Of Hope Ministries Inc.


Here are 6 key members and their salaries:


Carolyn Hammond (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Leone (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Kelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Broussard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Spell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey French (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.heartofhopeministry.com

Where can I find the form 990 for Heart Of Hope Ministries Inc?

Heart Of Hope Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.heartofhopeministry.com

Learn more at the official website: www.heartofhopeministry.com

Mission Statement of Heart Of Hope Ministries Inc

Heart of Hope Ministries, a nonprofit organization, provides a sanctuary for single pregnant women. Its mission is centered around offering housing and support to these women during their pregnancy. The organization's primary goal is to aid these women in making decisions about adoption, should they choose that path. By offering a safe and supportive environment, Heart of Hope Ministries empowers these women to make informed decisions about their future and the future of their unborn child. The organization's programs are designed to accommodate and assist unwed women throughout their pregnancy, providing them with the necessary resources and guidance during this critical period of their lives.

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Impact




July, 2024

Heart of Hope Ministries Inc has a significant impact on the lives of single pregnant women in Keithville, Louisiana. By providing housing and support during a vulnerable time, the organization offers a crucial resource for those facing unplanned pregnancies. Their focus on assisting women in making informed decisions about adoption can have a long-lasting and positive impact on both the mothers and the children involved. This support contributes to the overall health and well-being of these women and helps them navigate a challenging time in their lives.




This information is meant to be a general summary of Heart Of Hope Ministries 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.

Revenue
$589,750 (2022)
Expenses
$508,669 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $115
  • Gross Receipts: $589,750

Assets and Liabilities:

  • Total Assets: $1,114,244
  • Total Liabilities: $156,435
  • Net Assets: $957,809

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Organization Details

Founding Year

2005

Principal Officer

Caroline Hammond

Main Address

10420 HEART OF HOPE WAY, KEITHVILLE, LA, 71047

NTEE Category

Code: E86 - Health

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