Overview
What is Hope For Prisoners Inc?
Hope for Prisoners Inc. is a 501(c)(3) nonprofit organization situated in Las Vegas, Nevada. Established in 2012, it has been actively providing reentry and reintegration services to individuals exiting various sectors of the judicial system, including men, women, and young adults. The organization's mission is to assist these individuals in successfully reentering the workforce, rebuilding their families, and contributing positively to their communities. Hope for Prisoners Inc. employs a holistic approach, offering support and guidance to help former offenders overcome the obstacles that incarceration may have created. With a team of 34 dedicated professionals, the organization aims to educate society on how to engage and support these individuals as they reintegrate into society.
Official website here: www.hopeforprisoners.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
Hope For Prisoners Inc has received a Three-Star rating from Charity Navigator, indicating a moderate level of performance in their operations. The overall score reflects a strong emphasis on accountability and finance, with notable achievements in governance practices, including a fully independent board and effective oversight of financial statements.
Strengths of the organization include excellent scores in areas such as board independence and financial transparency. They have demonstrated a commitment to sound financial practices, evidenced by their low material diversion of assets and efficient fundraising ratios. However, the absence of a whistleblower policy and document retention practices indicates areas for improvement in their governance framework.
Despite these limitations, the organization shows promising program expense ratios, directing a substantial portion of their funds towards their mission. The working capital ratio, however, suggests potential concerns regarding liquidity, which may impact their ability to sustain operations in the long term. Overall, Hope For Prisoners Inc displays a solid commitment to accountability while also having room to enhance their governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Hope For Prisoners Inc legitimate?
Hope For Prisoners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Prisoners 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: $259,630
Professional Fundraising Fees: $2,325
Other Salaries and Wages: $1,042,263
For more financial information, click here
Official website here: www.hopeforprisoners.org
What is the mission statement of Hope For Prisoners Inc?
Hope For Prisoners Inc's mission is centered around assisting men, women, and young adults who have exited various sectors of the justice system. Their goal is to facilitate their successful reintegration into the workforce, their families, and the community. The organization believes in instilling hope in these individuals and working closely with their families to transform lives. Hope For Prisoners employs a holistic approach, offering assistance to overcome the barriers to successful living that incarceration often creates. They aim to educate society on how to engage and support these ex-offenders effectively.
Official website here: www.hopeforprisoners.org
Who is the CEO of Hope For Prisoners Inc?
Jon Ponder is the Ceo of Hope For Prisoners Inc. The CEO's salary of Hope For Prisoners Inc is $156,449 and their total compensation is $175,049.
Official website here: www.hopeforprisoners.org
What is the revenue of Hope For Prisoners Inc?
Hope For Prisoners Inc's revenue in 2022 was $2,615,403.
Official website here: www.hopeforprisoners.org
Who are the executives of Hope For Prisoners Inc and what are their salaries?
The average compensation at Hope For Prisoners Inc during 2022 was $38,291. There are 34 employees and 300 volunteers at Hope For Prisoners Inc.
Here are 12 key members and their salaries (Hope For Prisoners Inc's CEO's salary is $156,449 and their total compensation is $175,049):
- Compensation: $156,449
- Related: $0
- Other: $18,600
- Compensation: $45,800
- Related: $0
- Other: $2,500
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.hopeforprisoners.org
Where can I find the form 990 for Hope For Prisoners Inc?
Hope For Prisoners Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeforprisoners.org
Learn more at the official website: www.hopeforprisoners.org
Mission Statement of Hope For Prisoners Inc
Hope For Prisoners Inc is a dedicated nonprofit organization that aims to facilitate the successful reintegration of men, women, and young adults back into the workforce, their families, and the community. Established in 2012, after significant growth in the reentry sector, this organization operates under the belief that with the right assistance, ex-offenders can overcome the barriers to successful living that incarceration often creates. Hope For Prisoners Inc employs a holistic approach, instilling hope into ex-offenders and their families as they work together to transform lives and educate society on how to engage and support them effectively. The organization's mission is to help these individuals overcome the challenges posed by their criminal past and rebuild their lives, thereby contributing positively to their communities.
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Impact
July, 2024
Hope For Prisoners Inc is making a significant impact by helping men, women, and young adults successfully reintegrate into the workforce, their families, and our community. The organization's holistic approach aims to encourage and impart hope to ex-offenders, transforming lives and educating society on how to engage and support them. Through their reentry and reintegration services, Hope For Prisoners Inc is breaking down barriers to successful living that incarceration can create, ultimately allowing individuals to thrive post-release. Their efforts are not only benefiting the program participants but also the wider community by promoting positive outcomes and reducing recidivism rates.
This information is meant to be a general summary of Hope For Prisoners 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 2022.
- Investment Income: $55
- Program Service Revenue: $211,835
- Gross Receipts: $2,615,403
Assets and Liabilities:
- Total Assets: $502,810
- Total Liabilities: $98,222
- Net Assets: $404,588
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRE-VOCATIONAL
Revenue
$211,835
Organization Details
Founding Year
2012
Phone
(702) 586-1371Principal Officer
Jon Ponder
Main Address
333 N RANCHO LANE 2ND FLOOR, LAS VEGAS, NV, 89106
Website
www.hopeforprisoners.orgNTEE Category
Code: P20 - Human services
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