Overview
What is Hope For Humanity Inc?
Hope For Humanity Inc is a compassionate nonprofit organization situated in Frederick, Maryland. Their primary focus is on addressing the needs of underprivileged individuals, particularly in the areas of education, health, empowerment, and community services. In line with their mission, they have provided substantial educational support to over 250 children, covering school fees, uniforms, books, and additional resources. Furthermore, they actively engage in discovering and funding various worthy causes, extending their assistance to programs such as DC Kitchen and Autism Speaks.
Official website here: www.hopeforhumanitymd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
Hope For Humanity Inc has earned a 76% score from Charity Navigator, which reflects a focus on accountability and finance. The rating indicates strong financial management, particularly with a 100% program expense ratio, meaning all funds are directed towards its programs. The organization benefits from a fully independent board, which is a positive aspect of its governance.
Despite these strengths, there are notable weaknesses in the accountability measures. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy are significant gaps that could impact the organization’s transparency and ethical standards. While the organization demonstrates solid financial health, these missing policies could raise concerns among potential donors and stakeholders.
Overall, while Hope For Humanity Inc shows commendable financial practices and an independent governance structure, it should address its deficiencies in accountability policies to enhance its credibility and operational integrity. Addressing these issues would not only bolster its rating but also reassure supporters of its commitment to transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Hope For Humanity Inc legitimate?
Hope For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Humanity 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
For more financial information, click here
Official website here: www.hopeforhumanitymd.org
What is the mission statement of Hope For Humanity Inc?
Hope for Humanity Inc's mission is centered around identifying and aiding projects that cater to the most disadvantaged in the areas of health, education, empowerment, and community services. The organization carries out this mission by conducting research, discovering worthy causes, and providing financial support. Hope for Humanity has extended its aid to various initiatives, including education-related programs for underprivileged children, offering school fees, uniforms, books, and additional educational assistance. They also contribute to initiatives like DC Kitchen and Autism Speaks, among others.
Official website here: www.hopeforhumanitymd.org
What is the revenue of Hope For Humanity Inc?
Hope For Humanity Inc's revenue in 2023 was $138,045.
Official website here: www.hopeforhumanitymd.org
Who are the executives of Hope For Humanity Inc and what are their salaries?
There 10 volunteers at Hope For Humanity Inc.
Here are 9 key members and their salaries:
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Official website here: www.hopeforhumanitymd.org
Where can I find the form 990 for Hope For Humanity Inc?
Hope For Humanity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hopeforhumanitymd.org
Learn more at the official website: www.hopeforhumanitymd.org
Mission Statement of Hope For Humanity Inc
Hope For Humanity Inc is an organization dedicated to uncovering and championing initiatives that cater to the most vulnerable populations. Their mission is multifaceted, encompassing health, education, empowerment, and community services. The primary objective of Hope For Humanity Inc is to conduct research, identify worthy causes, and offer financial support. They extend their assistance to various programs and services that cater to the educational, health, and community needs of underprivileged individuals.
In line with their mission, Hope For Humanity Inc has contributed significantly to the educational sector by providing financial aid to over 250 needy children. Their support includes covering school fees, purchasing uniforms, and supplying educational materials, in addition to engaging in various educational support activities. This commitment to education underscores Hope For Humanity Inc's belief in the transformative power of education and its importance in fostering self-sufficiency and personal growth.
Beyond education, Hope For Humanity Inc is also associated with other notable organizations such as DC Kitchen and Autism Speaks. While specific details about their involvement with these organizations are not provided, it is evident that their mission extends beyond education and includes a diverse range of causes. In summary, Hope For Humanity Inc is a mission-driven organization that seeks to improve the lives of those in need by conducting research, identifying worthy causes, and offering financial support in the areas of health, education, empowerment, and community services.
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Impact
October, 2024
Hope For Humanity Inc significantly impacts the lives of individuals and communities by focusing on essential areas such as health, education, empowerment, and community services. With dedicated efforts, the organization has provided educational funding for over 250 underprivileged children, covering school fees, uniforms, books, and various forms of educational support. This initiative not only enables children to access education but empowers them to pursue their dreams and improve their future prospects.
Additionally, Hope For Humanity supports a range of vital programs, amplifying its reach and effectiveness. Collaborations with entities like DC Kitchen and Autism Speaks demonstrate its commitment to addressing diverse needs within the community. Through research and funding of worthy causes, the organization plays a critical role in uplifting those most in need, fostering a more equitable society, and creating lasting change across multiple sectors.
This information is meant to be a general summary of Hope For Humanity 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 2023.
- Investment Income: $10,632
- Gross Receipts: $138,045
Assets and Liabilities:
- Total Assets: $568,855
- Total Liabilities: $0
- Net Assets: $568,855
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Organization Details
Founding Year
2007
Principal Officer
Koteswara Rao Valluripalli
Website
www.hopeforhumanitymd.orgNTEE Category
Code: P20 - Human services
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