Hope Coalition Inc

Charity Navigator Rating: 80%, Three-Star out of Four Star rating

Hope Coalition Inc demonstrates a solid commitment to accountability and finance, achieving an overall score of 80%. The rating is solely based on the Accountability & Finance beacon, which highlights the organization's strong governance practices and effective financial management. The charity boasts a fully independent board, with all members meeting the criteria, and has no reported material diversion of assets.

The organization excels in documentation and transparency, with all board meeting minutes properly recorded and accessible. Its conflict of interest policy is clearly listed, further showcasing its dedication to ethical practices. Additionally, the financial metrics indicate that 100% of its expenses are directed toward programs, reflecting a strong focus on mission-related activities.

While the rating is commendable, it is essential for potential donors and supporters to remain aware of the context. The score is derived from a single beacon, which means that while financial accountability is strong, the organization’s performance in other areas such as program effectiveness or impact is not evaluated in this rating. Nevertheless, the high scores in governance and finance demonstrate a robust foundation for potential growth and effective service delivery.

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

Hope Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Coalition 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: $19,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,160

For more financial information, click here