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Hope Creek Charitable Foundation

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

EIN: 453528260 ✦ Mill creek, WA ✦ Designated as a 501(c)(3)

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Overview

What is Hope Creek Charitable Foundation?

The Hope Creek Charitable Foundation is a dedicated nonprofit organization that focuses on addressing food insecurity within its local community. Through its Backpacks of Hope program, it provides weekly food supplies to 554 children, ensuring they have adequate nourishment over the weekend. Additionally, the foundation operates a weekly food bank, offering essential pantry staples to approximately 400 families in need. By prioritizing these initiatives, the Hope Creek Charitable Foundation helps alleviate hunger and improve the well-being of its community members.


Official website here: www.hopecreekcf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating, Needs Improvement (66%)

Hope Creek Charitable Foundation has received a two-star rating from Charity Navigator, indicating that while the organization excels in several areas, it also has significant shortcomings. The foundation boasts a perfect score of 100% in accountability and finance, highlighting strong governance practices, including an independent board and effective policies on conflicts of interest and whistleblowing. Additionally, the organization demonstrates a commendable program expense ratio of 83.48%, reflecting a focus on its mission-driven activities.

However, the foundation faces critical challenges in financial transparency, as indicated by its liabilities to assets ratio of 109.38% and a lack of posted financial statements. These issues suggest potential financial instability and raise concerns for donors about the organization's overall health. Furthermore, the absence of the tax form on the nonprofit's website also detracts from its transparency and accessibility, which are essential for building trust with supporters and stakeholders.

In summary, while Hope Creek Charitable Foundation shows strong governance and a commitment to its programs, the issues surrounding financial reporting and transparency need to be addressed for the organization to improve its rating and enhance donor confidence.


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

Is Hope Creek Charitable Foundation legitimate?

Hope Creek Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Creek Charitable Foundation 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.hopecreekcf.org

What is the mission statement of Hope Creek Charitable Foundation?

The Hope Creek Charitable Foundation's mission is centered around assisting individuals in need within their community. They execute this mission through two primary initiatives. Firstly, they provide weekend food supplies to 554 children every week through the Backpacks of Hope program. Secondly, they operate a weekly food bank that offers essential pantry staples to approximately 400 families, thus addressing food insecurity in the community.


Official website here: www.hopecreekcf.org

Who is the CEO of Hope Creek Charitable Foundation?

Timothy Alex Johnson is the President of Hope Creek Charitable Foundation.


Official website here: www.hopecreekcf.org

What is the revenue of Hope Creek Charitable Foundation?

Hope Creek Charitable Foundation's revenue in 2023 was $887,651.


Official website here: www.hopecreekcf.org

Who are the executives of Hope Creek Charitable Foundation and what are their salaries?


Here are 2 key members and their salaries:


Timothy Alex Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Wallsteadt (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopecreekcf.org

Where can I find the form 990 for Hope Creek Charitable Foundation?

Hope Creek Charitable Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hopecreekcf.org

Learn more at the official website: www.hopecreekcf.org

Mission Statement of Hope Creek Charitable Foundation

The Hope Creek Charitable Foundation is committed to serving the needs of its community. At its core, the foundation's mission is to provide support to those in need. This is achieved through two key initiatives: the Backpacks of Hope program and a weekly food bank.

Through the Backpacks of Hope program, the foundation provides weekend food to a significant number of children, specifically 554 children each week. This program ensures that these children have adequate food over the weekend, a time when many families may struggle to provide for their nutritional needs.

In addition to the Backpacks of Hope program, the Hope Creek Charitable Foundation operates a weekly food bank. This food bank provides pantry staples to around 400 families in the community. By doing so, the foundation helps to alleviate food insecurity for these families, ensuring they have access to basic necessities.

In essence, the Hope Creek Charitable Foundation is dedicated to addressing food insecurity in its community. It accomplishes this by supplying weekend food to children and operating a weekly food bank, providing pantry staples to families in need.

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Impact




July, 2024

Hope Creek Charitable Foundation's impact is tangible and vital. By supplying weekend food to 554 children each week through the Backpacks of Hope program and operating a weekly food bank that provides pantry staples to around 400 families in our community, it is directly addressing the needs of those who are most vulnerable. This commitment to serving those in need in our community is making a significant difference in the lives of hundreds of individuals and families, providing essential support and nourishment where it is needed most.




This information is meant to be a general summary of Hope Creek Charitable Foundation. 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
$887,651 (2023)
Expenses
$919,470 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $50
  • Gross Receipts: $924,561

Assets and Liabilities:

  • Total Assets: $120,454
  • Total Liabilities: $131,764
  • Net Assets: -$11,310

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Organization Details

Founding Year

2011

Principal Officer

Timothy Alex Johnson

Main Address

4326 148TH ST SE, MILL CREEK, WA, 98012

NTEE Category

Code: S20 - Community improvement

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