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Treasure House Of Hope

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

EIN: 453172407 ✦ Aurora, CO ✦ Designated as a 501(c)(3)

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Overview

What is Treasure House Of Hope?

Treasure House of Hope is a nonprofit organization situated in Aurora, Colorado, specifically at 1724 Lansing Street. Their primary objective is to provide a supportive environment for individuals and families in need of restoration. This restoration is achieved through a unique program that offers free housing for a year and career development counseling, as well as life skills training. The heart of their mission lies in assisting those who are homeless, struggling with addiction, or have been victims of trafficking, offering them the opportunity to make positive changes in their lives. A key part of their activities involves the baking of miniature loaves of sweet bread, which participants can donate in return for the chance to share their stories of healing. With a small team of three dedicated individuals, Treasure House of Hope strives to make a meaningful impact in its community.


Official website here: www.treasurehouseofhope.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 59% (One-Star out of Four Stars)

Treasure House Of Hope has received a score of 59% from Charity Navigator, resulting in a One-Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial practices. Notably, the charity has 0% independent board members, which raises questions about governance and oversight. While the organization has successfully avoided material diversion of assets and maintains a solid liabilities to assets ratio of 21.18%, there are critical gaps in its policies that are concerning.

The organization demonstrates some positive attributes, such as having a conflict of interest policy and a document retention and destruction policy, both of which are listed and compliant. However, the absence of a whistleblower policy is a significant shortcoming that can impact transparency and accountability. Furthermore, the charity's program expense ratio of 61.24% reflects that a majority of its expenses go towards program services, but the low score in this area suggests there might be inefficiencies that need addressing.

Overall, while Treasure House Of Hope has strengths in some operational aspects, its governance issues and lack of independent oversight are notable weaknesses that potential donors may want to consider. The charity is encouraged to improve its board independence and establish a whistleblower policy to enhance its overall accountability.


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

What do the Facebook reviews say about Treasure House Of Hope?

100% of 13 reviewers on Facebook recommend Treasure House of Hope. Here is a summary of their reviews:

Many individuals express a profound sense of gratitude towards the nonprofit, highlighting how it has served as a lifeline during challenging times. One reviewer shared a powerful personal story of hitting rock bottom and feeling divinely guided to the Treasure House of Hope, emphasizing the supportive environment it fosters. This organization is praised for its dedicated staff, described as "faithful servants" who exemplify a commitment to their mission and to helping others.

The sentiment conveyed in these reviews is overwhelmingly positive, with users feeling that they have found a safe haven for spiritual and emotional support. Participants appreciate the encouragement and guidance they receive, indicating that the Treasure House of Hope truly makes a meaningful impact in their lives. Overall, this nonprofit is recognized for delivering on its promise of hope and transformation for those in need.


This AI summary has been generated from reviews found on Facebook.

Is Treasure House Of Hope legitimate?

Treasure House Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Treasure House Of Hope 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: $21,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,194

For more financial information, click here


Official website here: www.treasurehouseofhope.com

What is the mission statement of Treasure House Of Hope?

Treasure House of Hope's mission is to offer a one-year housing and counseling program for individuals who are homeless, struggling with addiction, or have been trafficked. The goal is to help these individuals make positive life changes and make sound moral decisions for themselves and their families. The organization provides career development counseling and life skills training as part of this program. In addition, Treasure House of Hope raises funds through the baking and sale of miniature loaves of sweet bread, and participants are given the opportunity to share their stories of healing.


Official website here: www.treasurehouseofhope.com

Who is the CEO of Treasure House Of Hope?

Angelia Anderson is the Executive Director of Treasure House Of Hope.


Official website here: www.treasurehouseofhope.com

What is the revenue of Treasure House Of Hope?

Treasure House Of Hope's revenue in 2021 was $146,128.


Official website here: www.treasurehouseofhope.com

Who are the executives of Treasure House Of Hope and what are their salaries?

The average compensation at Treasure House Of Hope during 2021 was $8,537. There are 3 employees and 100 volunteers at Treasure House Of Hope.


Here are 4 key members and their salaries:


Angelia Anderson (Executive Director)
  • Compensation: $52,400
  • Related: $0
  • Other: $0
Aaron Couch (President Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Reed (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Douglas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.treasurehouseofhope.com

Where can I find the form 990 for Treasure House Of Hope?

Treasure House Of Hope's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.treasurehouseofhope.com

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

Mission Statement of Treasure House Of Hope

Treasure House of Hope, a nonprofit organization, is dedicated to providing a transformative experience for individuals and families in need. Their mission is to offer one-year free housing and counseling to those who are homeless, struggling with addiction, or have been victims of trafficking. This program aims to help these individuals make sound moral decisions for themselves and their families, fostering personal growth and self-sufficiency.

In addition to the housing and counseling services, Treasure House of Hope also provides career development counseling and life skills training. This comprehensive approach aims to equip participants with the tools they need to rebuild their lives and regain their independence. The organization's commitment to their participants goes beyond just providing shelter; they strive to empower them to make positive changes in their lives.

As part of their mission, Treasure House of Hope also engages in a unique fundraising activity. They bake miniature loaves of sweet bread and, in exchange for a donation, allow participants to share their stories of healing and transformation. This activity not only helps raise funds for the organization but also provides a platform for participants to share their journeys of hope and resilience.

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Impact




October, 2024

Treasure House Of Hope significantly impacts individuals and families in need by providing a comprehensive support system focused on restoration and empowerment. Offering one year of free housing, the program serves those who are homeless, addicted, or trafficked, helping them navigate a path towards stability and healing.

Participants engage in career development counseling and life skills training, equipping them with the tools necessary to make sound moral decisions and improve their overall well-being. Additionally, the initiative includes a unique component where participants bake miniature loaves of sweet bread. This activity not only fosters a sense of community but also allows them to share their personal stories of healing, inspiring others and promoting a culture of support.

By focusing on both immediate housing needs and long-term personal development, Treasure House Of Hope creates lasting change in the lives of vulnerable individuals, reinforcing the belief that transformation is achievable. Through this holistic approach, it cultivates resilience, dignity, and hope, enabling participants to redefine their futures.




This information is meant to be a general summary of Treasure House Of Hope. 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
$275,884 (2021)
Expenses
$204,338 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1,299
  • Gross Receipts: $146,128

Assets and Liabilities:

  • Total Assets: $413,176
  • Total Liabilities: $91,400
  • Net Assets: $321,776

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Organization Details

Founding Year

2008

Principal Officer

Angelia Anderson

Main Address

1724 LANSING ST, Aurora, CO, 80010

NTEE Category

Code: A01 - Arts

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