Overview
What is Hope Acts?
Hope Acts is a nonprofit organization situated in Portland, Maine. The primary mission of Hope Acts is to offer a secure living space for up to 13 asylum seekers at a time, serving as their initial refuge in the United States. In addition to providing a safe haven, the organization offers individualized support to help these individuals commence their journey towards an independent and fulfilling life in the U.S. This support encompasses English classes and various other essential services. The organization, which employs a team of eight individuals, is dedicated to ensuring a smooth transition for these newcomers, thus contributing positively to their new community.
Official website here: www.hopeacts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Hope Acts has demonstrated strong performance in several areas of accountability and finance, notably achieving a program expense ratio of 74.8%, indicating that a significant portion of its funding is directed towards its programs. The organization boasts a fully independent board, scoring 8 out of 8 points, and maintains proper documentation for board meeting minutes. Additionally, the absence of any material diversion of assets adds to its financial credibility.
However, the organization has notable limitations, particularly in governance policies, as it lacks a whistleblower policy and a document retention and destruction policy, resulting in lower scores in these areas. This deficiency could pose potential risks to transparency and accountability. Overall, while Hope Acts shows promise in its financial management and governance structure, addressing the gaps in policy frameworks would enhance its rating and overall trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Acts legitimate?
Hope Acts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Acts 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: $66,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,669
For more financial information, click here
Official website here: www.hopeacts.org
What is the mission statement of Hope Acts?
Hope Acts, an organization dedicated to assisting new immigrants, strives to fulfill its mission by providing housing, English classes, and various services. The primary goal is to support these newcomers as they embark on their journey towards an independent and fulfilling life in the United States. The organization operates a transitional housing facility, known as Hope House, which accommodates up to 13 asylum seekers at a time. Beyond providing a safe living space, Hope Acts offers individualized aid to help residents navigate their initial steps in the country.
Official website here: www.hopeacts.org
Who is the CEO of Hope Acts?
Martha Stein is the President of Hope Acts.
Official website here: www.hopeacts.org
What is the revenue of Hope Acts?
Hope Acts's revenue in 2022 was $1,592,224.
Official website here: www.hopeacts.org
Who are the executives of Hope Acts and what are their salaries?
The average compensation at Hope Acts during 2022 was $31,872. There are 8 employees and 70 volunteers at Hope Acts.
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- Compensation: $65,811
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- Other: $522
Official website here: www.hopeacts.org
Where can I find the form 990 for Hope Acts?
Hope Acts's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeacts.org
Learn more at the official website: www.hopeacts.org
Mission Statement of Hope Acts
Hope Acts, a nonprofit organization, is dedicated to assisting new immigrants in their transition to the United States. Their mission is multifaceted, encompassing the provision of housing, English classes, and various supportive services. By offering a secure living environment at Hope House, Hope Acts accommodates up to 13 asylum seekers at a time, providing them with a solid foundation as they embark on their journey towards an independent and fulfilling life in the U.S. In addition to this, the organization offers individualized assistance to ensure each resident is well-equipped to navigate their new surroundings. This approach aims to set the stage for a successful integration into American society.
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Impact
July, 2024
Hope Acts has made a significant impact by providing housing, English classes, and essential services to new immigrants in Portland, Maine. Through its transition housing program at Hope House, up to 13 asylum seekers at a time are offered a safe place to live and individualized assistance to support them in their journey towards an independent and fulfilling life in the United States. Hope Acts' mission to support new immigrants through housing and education has positively impacted the lives of numerous individuals, helping them integrate into their new community and build a brighter future for themselves.
This information is meant to be a general summary of Hope Acts. 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: $660
- Program Service Revenue: $102,206
- Gross Receipts: $1,592,627
Assets and Liabilities:
- Total Assets: $1,420,507
- Total Liabilities: $30,611
- Net Assets: $1,389,896
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Hope House
Revenue
$102,206
Organization Details
Founding Year
2012
Phone
(207) 228-1140Principal Officer
Martha Stein
Main Address
PO Box 7615, Portland, ME, 04112
Website
www.hopeacts.orgNTEE Category
Code: P84 - Human services
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