Overview
What is The Source Of Hope?
The Source of Hope is a nonprofit organization that supports low-income students pursuing a career in cosmetology. They offer educational programs, grants, and scholarships to assist these students, as well as provide various services. The organization collaborates with other charities to offer essentials such as food, clothing, and hygiene items to those in need. Furthermore, they provide educational opportunities, job prospects, and financial assistance to individuals interested in the cosmetology field.
Is The Source Of Hope legitimate?
The Source Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Source Of Hope submitted a form 990EZ, 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:
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What is the mission statement of The Source Of Hope?
The Source of Hope's mission is to empower low-income students pursuing a career in cosmetology. They achieve this by offering educational programs, grants, and scholarships. The organization extends its support beyond cosmetology education, collaborating with other organizations to provide essentials such as food, clothing, and sanitary items to those in need. Furthermore, The Source of Hope facilitates job opportunities and offers monetary assistance to aspiring cosmetology professionals and individuals interested in this field.
What is the revenue of The Source Of Hope?
The Source Of Hope's revenue in 2023 was $79,802.
Who are the executives of The Source Of Hope and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for The Source Of Hope?
The Source Of Hope's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of The Source Of Hope
The Source of Hope is an organization committed to empowering low-income students pursuing a career in cosmetology. It accomplishes this mission by offering educational programs, grants, and scholarships. Beyond this, the organization extends its support to the wider community, collaborating with other organizations to provide essentials such as food, clothing, and sanitary items to those in need. Moreover, The Source of Hope also offers job opportunities and monetary assistance to individuals interested in the cosmetology field. Through its comprehensive approach, this nonprofit aims to uplift and equip individuals, fostering their growth and success in the cosmetology industry.
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Impact
August, 2024
The Source of Hope empowers low-income cosmetology students by providing educational programs, grants, and scholarships. They collaborate with other organizations to offer necessities like food, clothing, and sanitary items to those in need. Additionally, they create job opportunities and provide financial assistance to individuals aspiring to enter the cosmetology field. Their impact is seen in the improved education, increased job opportunities, and enhanced financial stability for low-income individuals pursuing careers in cosmetology.
This information is meant to be a general summary of The Source Of Hope. 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.
- Program Service Revenue: $51,212
- Gross Receipts: $79,802
Assets and Liabilities:
- Total Assets: $54,536
- Total Liabilities: $5,581
- Net Assets: $48,955
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Organization Details
Principal Officer
Chau Stone
NTEE Category
Code: B90 - Education
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