Overview
What is Empowering Lives And Building Foundations Inc?
Empowering Lives And Building Foundations Inc, headquartered in High Point, North Carolina, is a nonprofit organization committed to aiding residents benefiting from Affordable Housing assistance programs. Their mission is to foster self-sufficiency and improve overall living standards by offering a range of supportive services, including economic and educational assistance. The organization's focus is primarily on the Academic Center, which supports a tenant-based educational program. By providing these resources, Empowering Lives And Building Foundations Inc aims to empower its beneficiaries to lead more fulfilling lives.
Official website here: www.hpha.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
Empowering Lives And Building Foundations Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial health. The charity's overall score of 50% reflects weaknesses in its program expense ratio, which stands at 43.84%. This suggests that a considerable portion of its expenses may not be directed towards its intended programs, impacting overall effectiveness.
On a positive note, the organization demonstrates strong accountability practices, as evidenced by its perfect scores in areas such as board independence and the presence of essential policies like conflict of interest and whistleblower protections. The board consists entirely of independent members, which generally indicates good governance practices.
However, the charity faces challenges, particularly in maintaining a healthy financial balance, with a liabilities to assets ratio of 13.99%, which raises concerns about financial sustainability. Additionally, the salaries of key personnel are notably high, which might detract from the funds available for programmatic purposes. Overall, while there are governance strengths, financial efficiency remains a significant concern for Empowering Lives And Building Foundations Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Empowering Lives And Building Foundations Inc legitimate?
Empowering Lives And Building Foundations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empowering Lives And Building Foundations 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hpha.net
What is the mission statement of Empowering Lives And Building Foundations Inc?
Empowering Lives And Building Foundations Inc's mission is centered around assisting individuals residing in Affordable Housing programs. Their goal is to help these individuals achieve self-sufficiency and enhance their quality of life. They accomplish this by offering a range of supportive services, including economic and educational resources. The organization's activities are geared towards empowering these residents to lead more fulfilling lives. The Academic Center, one of their initiatives, supports an educational program for tenants, aiming to equip them with necessary skills and knowledge.
Official website here: www.hpha.net
Who is the CEO of Empowering Lives And Building Foundations Inc?
Angela Jimenez is the Secretary of Empowering Lives And Building Foundations Inc.
Official website here: www.hpha.net
What is the revenue of Empowering Lives And Building Foundations Inc?
Empowering Lives And Building Foundations Inc's revenue in 2022 was $30,926.
Official website here: www.hpha.net
Who are the executives of Empowering Lives And Building Foundations Inc and what are their salaries?
Here are 9 key members and their salaries:
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- Related: $203,031
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Official website here: www.hpha.net
Where can I find the form 990 for Empowering Lives And Building Foundations Inc?
Empowering Lives And Building Foundations Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hpha.net
Learn more at the official website: www.hpha.net
Mission Statement of Empowering Lives And Building Foundations Inc
Empowering Lives and Building Foundations Inc, as a nonprofit organization, is committed to assisting residents who are beneficiaries of Affordable Housing assistance programs. Their mission is to empower these individuals to achieve self-sufficiency and improve their quality of life. This is accomplished by providing various supportive services, including economic and educational resources. Through these offerings, the organization aims to help these residents overcome challenges and build stronger foundations for their future.
In essence, Empowering Lives and Building Foundations Inc serves as a guiding force for those in need, offering the tools and resources required to break free from dependence and strive for self-sufficiency. Their mission is centered around the belief that every individual deserves an opportunity to improve their living conditions and create a better future for themselves and their families. By focusing on economic and educational development, the organization provides the necessary foundation for residents to build a more secure and fulfilling life.
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Impact
August, 2024
Empowering Lives And Building Foundations Inc is making a significant impact by assisting residents served by Affordable Housing assistance programs to achieve self-sufficiency and improve their quality of life. Through economic, educational, and other supportive activities, they are helping individuals in High Point, NC, to build a foundation for a better future. Their Academic Center expense supports tenant-based educational programs, further enhancing the opportunities for those in need. The organization's mission to provide human services is evident in their dedication to empowering individuals and transforming lives within their community.
This information is meant to be a general summary of Empowering Lives And Building Foundations 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: $254
- Gross Receipts: $30,926
Assets and Liabilities:
- Total Assets: $98,553
- Total Liabilities: $13,793
- Net Assets: $84,760
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Organization Details
Founding Year
2013
Phone
(336) 887-2661Principal Officer
Angela Jimenez
Main Address
500 E Russell Ave, High Point, NC, 27260
Website
www.hpha.netNTEE Category
Code: P20 - Human services
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