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Love Hope Together

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

EIN: 464347670 ✦ Santa fe springs, CA ✦ Designated as a 501(c)(3)

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Overview

What is Love Hope Together?

Love Hope Together is a nonprofit organization situated in Santa Fe Springs, California, with a single employee. Their primary mission is to spread the message of Jesus Christ through charitable activities. In 2022, their activities encompass providing counseling, coaching, and care for needy individuals and families, running a homeless mission, and supporting church meetings for pastors, offering them a platform for life sharing. The organization also engages in outreach initiatives, focusing on lending a helping hand to those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

Love Hope Together has received a low rating primarily due to significant shortcomings in accountability and finance, scoring just 53%. A key area of concern is the total absence of independent board members, which raises questions about governance. The organization has also failed to provide essential policies such as conflict of interest and whistleblower protections, which are critical for transparency and ethical operations.

Despite these governance issues, the nonprofit does indicate a strong commitment to its programs, achieving a program expense ratio of 100%. This means that all reported expenses are directed towards its programs, which is a positive sign regarding its operational focus. Additionally, the organization's liabilities to assets ratio is very low, indicating sound financial management in terms of asset leverage.

However, the absence of basic policies and documentation, such as a website listed on tax forms and access to board meeting minutes, limits the organization’s transparency. Stakeholders may want to consider these factors when evaluating Love Hope Together's overall effectiveness and reliability as a charitable entity.


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

Is Love Hope Together legitimate?

Love Hope Together is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Hope Together 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Love Hope Together?

Love Hope Together's mission is centered around sharing the message of Jesus. They accomplish this through charitable activities. Specifically, in 2022, their activities involve providing counseling, coaching, and care for needy individuals and families. Another initiative is their homeless mission, aiming to support those in need of shelter. Additionally, they support churches and hold meetings for pastors, offering a platform for pastoral life sharing.

Who is the CEO of Love Hope Together?

David Bin Kim is the President of Love Hope Together.

What is the revenue of Love Hope Together?

Love Hope Together's revenue in 2022 was $206,514.

Who are the executives of Love Hope Together and what are their salaries?

The average compensation at Love Hope Together during 2022 was $12,000. There is 1 employee at Love Hope Together.


Here are 3 key members and their salaries:


David Bin Kim (President)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
John Chi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Yang (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Love Hope Together?

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

Mission Statement of Love Hope Together

Love Hope Together, a nonprofit organization, is committed to spreading the message of Jesus Christ through charitable activities. Their mission is to reach out to individuals and families in need, offering counseling, coaching, and care as part of their mission to share the gospel. Beyond this, they also engage in a homeless mission, providing aid and support to those experiencing homelessness. Furthermore, Love Hope Together supports local churches by hosting meetings for pastors, offering a platform for them to share their experiences and connect with one another. Overall, Love Hope Together's mission is to serve the community and spread the teachings of Jesus Christ through acts of kindness and support.

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Impact




October, 2024

Love Hope Together has made a significant impact by reaching out to individuals and families in need through various charitable activities. By sharing the Gospel of Jesus, the organization provides vital support in the form of counseling and coaching, which fosters personal growth and healing. In 2022, their continued efforts include a homeless mission, addressing the critical needs of those without stable housing, and offering resources that help lift individuals out of poverty.

Additionally, Love Hope Together plays a crucial role in supporting local churches by organizing meetings for pastors to share their life experiences. This not only strengthens the church community but also encourages collaboration and mutual support among faith leaders. Through these initiatives, Love Hope Together actively contributes to building a compassionate and caring network that uplifts and empowers those in need. The work being done in Santa Fe Springs, CA, exemplifies a commitment to human services that resonates deeply within the community.




This information is meant to be a general summary of Love Hope Together. 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
$206,514 (2022)
Expenses
$184,713 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $206,514

Assets and Liabilities:

  • Total Assets: $327,327
  • Total Liabilities: $3,830
  • Net Assets: $323,497

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Organization Details

Principal Officer

David Bin Kim

Main Address

13321 ALONDRA BLVD L, SANTA FE SPRINGS, CA, 90670

NTEE Category

Code: P20 - Human services

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