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Hope Hits Harder

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

EIN: 461995037 ✦ New braunfels, TX ✦ Designated as a 501(c)(3)

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Overview

What is Hope Hits Harder?

Hope Hits Harder is a small-scale, nonprofit organization situated in New Braunfels, Texas. Their primary focus is on raising funds for established charities that offer support, care, and summer camp experiences to children battling cancer and their families. With just one dedicated employee, this organization plays a significant role in uplifting families affected by childhood cancer. By contributing financially, Hope Hits Harder aims to provide these families with the emotional and physical resources they need during challenging times.


Official website here: www.hopehitsharder.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54% (One-Star out of Four Stars)

Hope Hits Harder has received a low rating of 54%, earning it a One-Star designation primarily due to concerns related to accountability and finance. The organization's score is based entirely on a single beacon focused on these aspects, which indicates significant areas for improvement, particularly in board independence and governance policies.

The nonprofit does have strong financial ratios, indicating that 80.93% of its expenses are directed toward programs, and it maintains a solid liabilities-to-assets ratio of 3.40%. These factors suggest that the charity is effectively using its funds for its intended purposes. However, the absence of independent board members and key governance policies, such as conflict of interest and whistleblower policies, raise concerns about its overall accountability.

Overall, while Hope Hits Harder is making a meaningful impact through its programs, the lack of transparency and structured governance practices as highlighted by Charity Navigator points to a need for significant changes to enhance trust and credibility with donors and stakeholders.


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

Is Hope Hits Harder legitimate?

Hope Hits Harder is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Hits Harder 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: $60,000

For more financial information, click here


Official website here: www.hopehitsharder.com/

What is the mission statement of Hope Hits Harder?

Hope Hits Harder's mission is centered around raising funds for established organizations that offer support, care, and summer camp experiences to families affected by childhood cancer. The primary goal is to alleviate the financial burden and provide a sense of community and respite for these children and their families during their challenging journey. Contributions made by Hope Hits Harder are directed towards various childhood cancer-related charities and families battling cancer. The organization serves as a crucial bridge, enabling these organizations to continue their vital work and offer invaluable resources to those in need.


Official website here: www.hopehitsharder.com/

Who is the CEO of Hope Hits Harder?

Tom Tbone Bounds is the Founder & Pr of Hope Hits Harder.


Official website here: www.hopehitsharder.com/

What is the revenue of Hope Hits Harder?

Hope Hits Harder's revenue in 2022 was $962,399.


Official website here: www.hopehitsharder.com/

Who are the executives of Hope Hits Harder and what are their salaries?

The average compensation at Hope Hits Harder during 2022 was $60,000. There is 1 employee and 37 volunteers at Hope Hits Harder.


Here are 4 key members and their salaries:


Tom Tbone Bounds (Founder & Pr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Carroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimi Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Skinner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopehitsharder.com/

Where can I find the form 990 for Hope Hits Harder?

Hope Hits Harder's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopehitsharder.com/

Learn more at the official website: www.hopehitsharder.com/

Mission Statement of Hope Hits Harder

Hope Hits Harder, as a nonprofit organization, is dedicated to raising funds for existing organizations that offer support, care, and summer camp experiences to families affected by childhood cancer. The primary mission of Hope Hits Harder is to contribute financially to charities that cater to the needs of these children and their families, ensuring they receive the necessary aid during their challenging journey. By donating to these organizations, Hope Hits Harder aims to alleviate some of the burdens faced by these families, such as medical expenses and emotional stress. The contributions made by Hope Hits Harder help these organizations provide essential services, including care, support, and enriching summer camp experiences, which can offer a much-needed respite for the children and their families.

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Impact




July, 2024

Hope Hits Harder's impact is seen in its ability to raise funds for existing organizations that provide crucial support, care, and summer camp experiences to childhood cancer patients and their families. By contributing to childhood cancer-related charities and directly aiding cancer families, this initiative from New Braunfels, TX, plays a vital role in alleviating the burdens faced by these individuals. The mission to raise funds for such essential services demonstrates a commitment to improving the lives of those affected by childhood cancer, making a tangible difference in their daily struggles.




This information is meant to be a general summary of Hope Hits Harder. 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
$962,399 (2022)
Expenses
$878,826 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $644
  • Gross Receipts: $1,438,671

Assets and Liabilities:

  • Total Assets: $798,626
  • Total Liabilities: $27,165
  • Net Assets: $771,461

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Organization Details

Founding Year

2013

Principal Officer

Tom Tbone Bounds

Main Address

1613 MIKULA PL, NEW BRAUNFELS, TX, 78130

NTEE Category

Code: H30 - Medical research

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