New Hope Rising Inc

Charity Navigator rates New Hope Rising Inc with a score of 78%, resulting in a Three-Star out of Four Star rating. This score indicates a solid performance in accountability and finance, with a notable 83% in that category. The nonprofit has demonstrated strong financial practices, particularly in its program expense ratio, which is an impressive 85.38%. The organization also boasts a fully independent board, contributing positively to its governance.

On the culture and community front, New Hope Rising Inc received a perfect score of 100%. It excels in collecting and utilizing feedback effectively, as well as implementing equity strategies and practices. These strengths suggest a commitment to community engagement and responsiveness to stakeholder needs, reinforcing the organization's mission and impact.

However, there are areas that require attention. The absence of a whistleblower policy and document retention guidelines, as well as the lack of a posted tax form on the nonprofit's website, highlight some compliance gaps. Additionally, a high liabilities to assets ratio of 191.23% raises concerns about the organization's financial health and stability, warranting further scrutiny.

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

New Hope Rising Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Rising 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: $265,559

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Official website here: www.newhoperisingny.org