Overview
What is Hope 4 Gaston?
Hope 4 Gaston is a nonprofit organization situated in Gastonia, North Carolina. With a small team of one dedicated individual, their mission is to offer aid and support to individuals in crisis within the Gaston County community. They achieve this by fostering a collaborative effort involving local churches, government entities, and businesses, embodying the spirit of loving your neighbor as yourself. The organization has been actively involved in several low-income neighborhoods in Gaston County and its surrounding areas, carrying out various repairs on houses and distributing essential items like food and clothing to the community's residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%
Hope 4 Gaston has earned a Zero-Star out of Four Star rating due to a low overall score of 43%. While the organization excels in areas such as having a majority of independent board members and maintaining a conflict of interest policy, it struggles significantly with transparency and financial management. The absence of a whistleblower policy and document retention guidelines contributed to its low rating in accountability and finance.
Despite not diverting assets and posting relevant tax forms on its website, the organization's liabilities to assets ratio is concerning at 8.71%, indicating potential financial instability. Furthermore, its program expense ratio of 36.07% suggests that a limited portion of its expenses are directed towards programs, raising questions about the effectiveness and efficiency of its operations.
Overall, while Hope 4 Gaston demonstrates strengths in governance and policy adherence, its financial practices require improvement to enhance transparency and accountability. Without addressing these limitations, the organization may find it challenging to gain the trust of potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Hope 4 Gaston legitimate?
Hope 4 Gaston is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope 4 Gaston 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hope 4 Gaston?
Hope 4 Gaston's mission is centered around providing aid and hope to individuals in crisis within the community of Gaston County. The organization achieves this by leading a collaborative effort involving churches, government, and businesses. Their goal is to foster a community that embodies the spirit of loving one's neighbor as oneself. Hope 4 Gaston has demonstrated its commitment by moving into lower-income neighborhoods and carrying out repairs on houses, as well as distributing food and clothing to the residents in these areas.
What is the revenue of Hope 4 Gaston?
Hope 4 Gaston's revenue in 2023 was $57,027.
Who are the executives of Hope 4 Gaston and what are their salaries?
The average compensation at Hope 4 Gaston during 2023 was $30,000. There is 1 employee at Hope 4 Gaston.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Hope 4 Gaston?
Hope 4 Gaston's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hope 4 Gaston
Hope 4 Gaston is a mission-driven organization dedicated to providing hope and assistance to individuals in crisis within the community of Gaston County. By fostering a collaborative effort among churches, government entities, and businesses, Hope 4 Gaston strives to create a community that embodies the spirit of loving one's neighbor as oneself.
The primary goal of Hope 4 Gaston is to extend a helping hand to those in need, offering a much-needed lifeline during challenging times. The organization has demonstrated its commitment to this mission by venturing into several lower-income neighborhoods within Gaston County and its surrounding areas. Through these initiatives, Hope 4 Gaston has carried out numerous house repairs and distributed essential items such as food and clothing to the residents of these communities, thus directly impacting the lives of many individuals.
In essence, Hope 4 Gaston is a beacon of hope for the community, leveraging the collective power of various stakeholders to create an environment where individuals in crisis can find solace, receive necessary support, and ultimately, regain their footing. By leading with empathy and action, Hope 4 Gaston embodies the spirit of community and neighborly love, demonstrating that with cooperation, even the most challenging situations can be overcome.
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Impact
October, 2024
Hope 4 Gaston has made a significant impact in Gaston County by addressing the needs of individuals and families facing crisis situations. Through collaborative efforts involving local churches, government entities, and businesses, the organization has fostered a community spirit centered on compassion and support. By actively engaging in neighborhoods with lower income levels, Hope 4 Gaston has not only provided essential repairs to homes but has also distributed food and clothing to residents in desperate need. This direct intervention not only alleviates immediate hardships but also strengthens community bonds, demonstrating a model of neighborly love and support. The organization’s commitment to enhancing the quality of life for vulnerable populations in Gaston County sets a powerful example of collective action and social responsibility.
This information is meant to be a general summary of Hope 4 Gaston. 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: $28
- Gross Receipts: $57,027
Assets and Liabilities:
- Total Assets: $69,537
- Total Liabilities: $5,340
- Net Assets: $64,197
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Organization Details
Founding Year
2011
Principal Officer
Dickie Spargo
NTEE Category
Code: P20 - Human services
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