Overview
What is Hope Partnership For Education?
Hope Partnership for Education is a nonprofit organization situated in Eastern North Philadelphia, Pennsylvania. Its primary mission is to empower individuals and families through education. Operating from its Education Center, the organization provides several educational programs. The center includes an independent middle school for grades 5-8, an after-school enrichment program, a graduate support program, and an adult education program. The Hope Partnership for Education serves as a beacon of learning and growth in the community, aiming to lift up its community members through educational opportunities. With a staff of 30 dedicated individuals, the organization strives to create a supportive environment for personal and academic development.
Official website here: www.hopepartnershipforeducation.org
What are the reviews and ratings of this charity?
Charity Navigator rates Hope Partnership For Education with a Four-Star out of Four Star rating and a score of 95%. This high rating reflects the organization's strong accountability and financial performance, with an impressive Accountability & Finance Score of 97. The charity is noted for having a fully independent board, strong financial oversight, and no reported material diversion of assets, underscoring its commitment to transparency and responsible management.
Strengths highlighted include a high program expense ratio of 81.23%, indicating that a significant portion of its funding is directed towards its educational programs. Furthermore, the organization demonstrates excellent fundraising efficiency, with a cost of just $0.08 to raise each dollar, suggesting effective use of resources in its fundraising efforts. The favorable working capital ratio of 1.43 years also indicates a solid financial position, enabling the organization to sustain its operations without immediate financial pressure.
Despite its strengths, the organization has a Culture & Community Score of 79, which may suggest room for improvement in community engagement and organizational culture. The Equity Strategies Score is also 79 out of 100, pointing to potential opportunities to enhance its approach to equity and inclusion within its programs and outreach efforts. Overall, Hope Partnership For Education displays strong financial health and effective program delivery, while also recognizing areas for growth in community and equity initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Partnership For Education legitimate?
Hope Partnership For Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Partnership For Education 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: $149,781
Professional Fundraising Fees: $0
Other Salaries and Wages: $999,195
For more financial information, click here
Official website here: www.hopepartnershipforeducation.org
What is the mission statement of Hope Partnership For Education?
Hope Partnership for Education's mission revolves around empowerment through education. They serve families in a specific area, often referred to as Eastern North Philadelphia, by operating an education center. This center provides various educational programs, including an independent middle school for grades 5-8, an after-school enrichment program, a graduate support program, and an adult education program. These initiatives aim to provide comprehensive educational opportunities, empowering individuals and families in the community.
Official website here: www.hopepartnershipforeducation.org
Who is the CEO of Hope Partnership For Education?
Virgil Sheppard is the Chairperson of Hope Partnership For Education.
Official website here: www.hopepartnershipforeducation.org
What is the revenue of Hope Partnership For Education?
Hope Partnership For Education's revenue in 2023 was $2,953,657.
Official website here: www.hopepartnershipforeducation.org
Who are the executives of Hope Partnership For Education and what are their salaries?
The average compensation at Hope Partnership For Education during 2023 was $38,299. There are 30 employees and 65 volunteers at Hope Partnership For Education.
Here are 21 key members and their salaries:
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- Compensation: $121,250
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- Other: $12,793
Official website here: www.hopepartnershipforeducation.org
Where can I find the form 990 for Hope Partnership For Education?
Hope Partnership For Education's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hopepartnershipforeducation.org
Learn more at the official website: www.hopepartnershipforeducation.org
Mission Statement of Hope Partnership For Education
Hope Partnership for Education, a nonprofit organization, is committed to empowerment through education. They serve families in Eastern North Philadelphia by providing a comprehensive education center. This center houses various programs, including an independent middle school for grades 5 to 8, an after-school enrichment program, a graduate support program, and an adult education program. These initiatives aim to equip individuals with knowledge and skills, thereby empowering them to improve their lives. The organization's mission is to foster growth and development through education, serving as a beacon of hope and opportunity for the community.
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Impact
July, 2024
Hope Partnership For Education positively impacts families in Eastern North Philadelphia by providing a range of educational programs designed to empower individuals of all ages. Through its independent middle school serving grades 5-8, after-school enrichment program, graduate support program, and adult education program, Hope Partnership For Education is dedicated to fostering learning and growth within the community.
This information is meant to be a general summary of Hope Partnership For Education. 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: $2,418
- Program Service Revenue: $770,000
- Gross Receipts: $3,004,538
Assets and Liabilities:
- Total Assets: $4,557,697
- Total Liabilities: $1,085,210
- Net Assets: $3,472,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$770,000
Organization Details
Founding Year
2002
Phone
(215) 232-5410Principal Officer
Virgil Sheppard
Main Address
2601 N 11TH STREET, PHILADELPHIA, PA, 19133
NTEE Category
Code: B25 - Education
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