Overview
What is Jar Of Hope?
Jar of Hope is a nonprofit organization, headquartered at 631 Lake Avenue, Asbury Park, New Jersey 07712. Its primary mission is to raise funds and promote awareness for Duchenne Muscular Dystrophy, a debilitating disease. As of December 31, 2022, the organization is still accumulating funds and is actively investigating which research entity to grant funding to. With a dedicated team of six employees, Jar of Hope is dedicated to supporting ongoing research and testing to find a solution for this disease. The organization's efforts aim to contribute to the broader quest for a cure, demonstrating their commitment to the Duchenne Muscular Dystrophy community.
Official website here: www.jarofhope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Jar Of Hope has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its financial transparency and overall effectiveness. The overall score of 47% suggests that while the organization has strong accountability in certain areas, there are critical deficiencies that have affected its overall performance rating.
One of the notable strengths of Jar Of Hope is its perfect score in accountability and finance, with an independent board composition that is fully compliant. However, the organization has failed to provide necessary financial statements, which has negatively impacted its rating. Additionally, it has received low scores for program expense ratio, which raises questions about the allocation of funds towards its stated mission.
Limitations are evident with the absence of essential policies such as conflict of interest and whistleblower protections, alongside the unavailability of financial documents on its website. These issues contribute to the overall low rating and highlight a need for improvement in transparency and governance practices to build trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Jar Of Hope legitimate?
Jar Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jar Of Hope 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: $241,316
For more financial information, click here
Official website here: www.jarofhope.org
What is the mission statement of Jar Of Hope?
Jar Of Hope's mission is centered around fundraising efforts to increase awareness of Duchenne Muscular Dystrophy and contribute to additional research in the quest for a cure. The organization conducts various fundraising programs to accomplish these goals. As of December 31, 2022, Jar Of Hope continues to accumulate funds and is in the process of identifying the appropriate research entity to provide funding to. Ongoing research and testing are being carried out to work towards a solution for this disease.
Official website here: www.jarofhope.org
Who is the CEO of Jar Of Hope?
Rich Domanico is the Trustee of Jar Of Hope.
Official website here: www.jarofhope.org
What is the revenue of Jar Of Hope?
Jar Of Hope's revenue in 2022 was $1,670,405.
Official website here: www.jarofhope.org
Who are the executives of Jar Of Hope and what are their salaries?
The average compensation at Jar Of Hope during 2022 was $40,219. There are 6 employees at Jar Of Hope.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.jarofhope.org
Where can I find the form 990 for Jar Of Hope?
Jar Of Hope's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jarofhope.org
Learn more at the official website: www.jarofhope.org
Mission Statement of Jar Of Hope
Jar of Hope, a nonprofit organization, is dedicated to raising funds and spreading awareness about Duchenne Muscular Dystrophy. Their mission is to promote understanding and support for this debilitating disease by conducting various fundraising programs. The primary goal of Jar of Hope is to provide financial backing for additional research aimed at discovering a cure for Duchenne Muscular Dystrophy. As of December 31, 2022, Jar of Hope continues to accumulate funds and is in the process of identifying the most suitable research entity to provide funding to. Ongoing research and testing are being conducted to move closer to finding a solution to this disease.
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Impact
July, 2024
Jar of Hope's impact lies in its efforts to raise awareness and funds for research into Duchenne Muscular Dystrophy, a severe and debilitating disease. By conducting fundraising programs and promoting awareness of this disease, Jar of Hope contributes to ongoing research and testing aimed at finding a cure. The organization's mission to support research towards finding a solution for Duchenne Muscular Dystrophy reflects a commitment to improving the lives of those affected by this condition.
This information is meant to be a general summary of Jar 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 2022.
- Investment Income: $769
- Gross Receipts: $2,813,460
Assets and Liabilities:
- Total Assets: $310,089
- Total Liabilities: $87,000
- Net Assets: $223,089
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Organization Details
Phone
(732) 414-6670Principal Officer
Rich Domanico
Main Address
631 LAKE AVENUE, ASBURY PARK, NJ, 07712
Website
www.jarofhope.orgNTEE Category
Code: G80 - Disease
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