Overview
What is Adoption Hope Foundation Inc?
Adoption Hope Foundation Inc, located in Fairfield, Connecticut, is a compassionate nonprofit organization with a single employee. Their mission is to alleviate the financial burden associated with adoption by granting funds to families. This nonprofit aims to break down the financial barrier that many families encounter when building their families through adoption. They solicit and receive donations to provide these grants, thereby assisting families in meeting the substantial expenses associated with the adoption process.
Official website here: www.adoptionhopefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Adoption Hope Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns in its accountability and financial practices. With an overall score of 56%, the organization lacks independent board members, which raises questions about governance and oversight. While it reports no material diversion of assets and maintains a solid program expense ratio of nearly 90%, its transparency practices are noticeably deficient.
Key strengths of the organization include its high program expense ratio, suggesting that a substantial portion of its resources is directed toward its mission-related activities. However, the absence of policies for conflict of interest, whistleblower protections, and document retention diminishes its accountability framework. Additionally, the lack of independent board members further complicates the organization's governance and oversight capabilities.
Overall, while Adoption Hope Foundation Inc appears committed to its programs, the glaring gaps in transparency and governance policies warrant caution for potential donors. Improvement in these areas could strengthen its credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Adoption Hope Foundation Inc legitimate?
Adoption Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adoption 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: $1,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.adoptionhopefoundation.org
What is the mission statement of Adoption Hope Foundation Inc?
The Adoption Hope Foundation Inc's mission is to alleviate the financial burden associated with adoption by offering grants to families. The organization's primary objective is to collect funds, which are then allocated to families aiming to adopt children. This financial assistance helps these families cover the substantial expenses associated with the adoption process. The foundation's purpose is to make the dream of adopting a child more attainable for families who might otherwise be financially constrained.
Official website here: www.adoptionhopefoundation.org
Who is the CEO of Adoption Hope Foundation Inc?
Laura Loffredo is the President of Adoption Hope Foundation Inc.
Official website here: www.adoptionhopefoundation.org
What is the revenue of Adoption Hope Foundation Inc?
Adoption Hope Foundation Inc's revenue in 2022 was $76,156.
Official website here: www.adoptionhopefoundation.org
Who are the executives of Adoption Hope Foundation Inc and what are their salaries?
The average compensation at Adoption Hope Foundation Inc during 2022 was $1,250. There is 1 employee at Adoption Hope Foundation Inc.
Here are 10 key members and their salaries:
- Compensation: $1,250
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.adoptionhopefoundation.org
Where can I find the form 990 for Adoption Hope Foundation Inc?
Adoption Hope Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adoptionhopefoundation.org
Learn more at the official website: www.adoptionhopefoundation.org
Mission Statement of Adoption Hope Foundation Inc
Adoption Hope Foundation Inc is committed to alleviating the financial obstacles associated with adoption. With a mission to solicit and receive funds, the organization aims to provide grants to families who are in the process of building their families through adoption. By offering financial assistance, Adoption Hope Foundation Inc seeks to help these families overcome the high costs associated with adoption, making it more accessible and attainable for them. The foundation's objective is to support families who are eager to adopt children, thereby enabling them to grow their families and provide a loving home to children in need.
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
August, 2024
Adoption Hope Foundation Inc is making a significant impact by helping to break the financial barrier of adoption. By providing grants to individuals and families who are looking to expand their families through adoption, this organization is making the dream of adoption more achievable for those who may not have the financial means to do so on their own. Through donations and financial support, Adoption Hope Foundation Inc is making a tangible difference in the lives of families seeking to adopt children, ultimately helping to create more loving and supportive homes for children in need.
This information is meant to be a general summary of Adoption 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.
- Investment Income: $43
- Gross Receipts: $110,012
Assets and Liabilities:
- Total Assets: $91,718
- Total Liabilities: $0
- Net Assets: $91,718
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2014
Phone
(203) 856-7809Principal Officer
Laura Loffredo
Main Address
215 HORSESHOE LANE, FAIRFIELD, CT, 06824
NTEE Category
Code: P31 - Human services
If you are a representative of Adoption 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.