Overview
What is Khusi Hona Inc?
Khusi Hona Inc is a nonprofit organization headquartered in Tampa, Florida. Their mission is to transform the persistent cycle of poverty into a perpetual cycle of progress. The organization's vision is to inspire and facilitate positive changes in the lives of individuals and communities, ultimately leading to a more prosperous world. While specific programs or initiatives are not provided in the given information, it's evident that Khusi Hona Inc is committed to contributing positively to society and breaking the chains of poverty.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
Khusi Hona Inc has achieved an 83% rating from Charity Navigator, indicating a solid level of accountability and finance management. This rating is based solely on the charity's performance in the Accountability & Finance beacon, where it excels across several key metrics. The organization boasts a fully independent board, with 100% of its members meeting independence criteria, contributing to a strong governance structure.
The nonprofit has shown excellent financial stewardship with no material diversion of assets and zero liabilities relative to its assets. Additionally, it maintains transparency by publicly posting its tax forms and documenting board meeting minutes. These practices highlight Khusi Hona Inc's commitment to ethical financial management and accountability.
While the organization has received high marks for governance and financial health, potential donors may want to consider additional factors such as program outcomes and community impact, which are not reflected in this rating. Overall, Khusi Hona Inc demonstrates strong operational integrity, making it a reliable choice for contributors.
This AI summary has been generated from information found on Charity Navigator.
Is Khusi Hona Inc legitimate?
Khusi Hona Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Khusi Hona 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
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What is the mission statement of Khusi Hona Inc?
Khusi Hona Inc's mission is centered around envisioning a transformative shift in societal structures. Their goal is to replace the persistent cycle of poverty with a cycle of progress. This mission is aimed at creating a world where individuals and communities can break free from the constraints of poverty and strive towards continuous advancement. The organization's activities likely focus on initiatives and programs designed to facilitate this transition, though specific details are not provided in the provided information.
What is the revenue of Khusi Hona Inc?
Khusi Hona Inc's revenue in 2024 was $20,358.
Who are the executives of Khusi Hona Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Khusi Hona Inc?
Khusi Hona Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Khusi Hona Inc
Khusi Hona Inc, as stated in its mission, aims to visualize a world where the persistent cycle of poverty is transformed into a continuous cycle of progress. This nonprofit organization envisions a society where individuals and communities are no longer trapped in the vicious cycle of poverty, but instead, are propelled forward by a cycle of steady advancement. By replacing the cycle of poverty, Khusi Hona Inc seeks to foster an environment of prosperity and growth for all.
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Impact
August, 2024
Khusi Hona Inc's impact is focused on transforming lives and communities by breaking the cycle of poverty and promoting progress. They work towards creating a world where individuals have the opportunity to thrive and succeed, offering vital human services to those in need. Their efforts are aimed at providing support, resources, and empowerment to build a brighter future for vulnerable populations.
This information is meant to be a general summary of Khusi Hona 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 2024.
- Gross Receipts: $20,358
Assets and Liabilities:
- Total Assets: $32,027
- Total Liabilities: $0
- Net Assets: $32,027
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Organization Details
Founding Year
2014
Principal Officer
Matthew Van Rooyen
NTEE Category
Code: P99 - Human services
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