Overview
What is Hearts And Hope Foundation Inc?
Hearts And Hope Foundation Inc, located in Denver, North Carolina (NC 28037), is a nonprofit organization dedicated to providing financial assistance to individuals and groups. Their primary mission is to alleviate the burden of medical expenses and high school costs, offering much-needed support during challenging times. The foundation's activities are centered around this mission, aiming to make a positive impact on the lives of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating. The Hearts And Hope Foundation Inc has earned a commendable rating of 80%, reflecting strong performance in accountability and finance. This score is derived exclusively from their accountability metrics, indicating a solid foundation in how they manage their resources and uphold governance standards.
The organization boasts 100% independent board members, highlighting its commitment to transparency and effective leadership. Notably, there are no material diversions of assets, and the foundation has a robust conflict of interest policy in place. Additionally, the program expense ratio is an impressive 100%, showcasing that all of their expenses are directed towards their programs, which is a significant strength for any nonprofit.
Despite these strengths, the rating is based solely on the accountability aspect without a more comprehensive evaluation of other operational areas. While the financial health indicators are strong, the lack of additional performance metrics may limit a full understanding of the organization's overall impact and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hearts And Hope Foundation Inc legitimate?
Hearts And Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearts And Hope Foundation 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
What is the mission statement of Hearts And Hope Foundation Inc?
The Hearts and Hope Foundation Inc. is committed to providing financial aid to individuals and groups in need, specifically for medical expenses and high school tuition costs. Their mission is to offer support during challenging times, alleviating some of the financial burden associated with these expenses. This assistance aims to improve the overall well-being and prospects of those in need, ensuring they can focus on their health or education without undue financial strain. The Foundation's activities are geared towards making a tangible difference in people's lives by addressing these crucial expenses.
Who is the CEO of Hearts And Hope Foundation Inc?
Kimberly S Ratteerree is the Treasurer/ Director of Hearts And Hope Foundation Inc.
What is the revenue of Hearts And Hope Foundation Inc?
Hearts And Hope Foundation Inc's revenue in 2022 was $140,190.
Who are the executives of Hearts And Hope Foundation Inc and what are their salaries?
There 25 volunteers at Hearts And Hope Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hearts And Hope Foundation Inc?
Hearts And Hope Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hearts And Hope Foundation Inc
Hearts And Hope Foundation Inc is a charitable organization that focuses on providing financial aid to individuals and groups in need. Its mission is primarily centered around two key areas: assisting with medical expenses and supporting high school education. Through its activities, the foundation aims to alleviate the financial burden associated with these necessities for various individuals and communities. By providing funds, Hearts And Hope Foundation Inc strives to make a positive impact on people's lives, enabling them to access necessary medical care and pursue their high school education without undue financial strain.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Hearts And Hope Foundation Inc significantly impacts individuals and groups by providing vital financial support for medical expenses and high school-related costs. Based in Denver, NC, the organization addresses critical needs in the community, ensuring that those facing medical challenges can receive necessary care and that students have the resources to pursue their education. By alleviating financial burdens, Hearts And Hope Foundation fosters health and educational opportunities, empowering individuals to overcome obstacles and improve their quality of life.
This information is meant to be a general summary of Hearts And Hope Foundation 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.
- Gross Receipts: $164,136
Assets and Liabilities:
- Total Assets: $387,620
- Total Liabilities: $0
- Net Assets: $387,620
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2013
Phone
(704) 489-8940Principal Officer
Kimberly S Ratteerree
Main Address
3754 N NC Business Hwy 16, Denver, NC, 28037
NTEE Category
Code: E99 - Health
If you are a representative of Hearts And Hope Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.