Overview
What is Hosco Shift Inc?
Hosco Shift Inc, based in Saint Louis, Missouri, is a dedicated community partner focusing on enhancing economic opportunities within underserved areas. Through their Culinary Training Program, they offer nutrition education, job training, internships, and healthy cooking classes to local high school students. Additionally, they collaborate with schools to provide internship opportunities and extend food kit deliveries during the pandemic. Hosco Shift Inc's primary mission is to boost the local food system by incubating businesses and creating careers in various food sectors, ultimately aiming to improve the overall quality of life in the community.
Official website here: www.hoscousa.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating
Hosco Shift Inc has received a one-star rating from Charity Navigator, reflecting significant concerns in its accountability and financial practices. The overall score stands at 54%, which indicates that the organization has room for improvement in various governance and financial transparency areas. Notably, the organization has not indicated any independent board members, which raises questions about oversight and independence.
Despite these governance challenges, Hosco Shift Inc maintains a commendable program expense ratio of 25 out of 25, suggesting that the majority of its spending is directed towards its programs rather than administrative costs. Additionally, it has demonstrated strengths in its whistleblower and document retention policies, which are crucial for maintaining ethical standards within nonprofit operations.
However, the organization falls short in several areas, including financial statement reporting and conflict of interest policies. With a lack of a material review of financial statements and a low accountability score, potential donors and stakeholders may want to consider these limitations when evaluating their support for Hosco Shift Inc.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hosco Shift Inc?
Although Hosco Shift Inc currently has only two reviews on Facebook, the sentiment expressed is clearly positive. One reviewer highlights a strong commitment to offering genuinely beneficial food, indicating a deep passion behind the organization's mission.
This enthusiasm suggests that the nonprofit is striving to fulfill its goal of providing quality food options. The reviewer’s recommendation shows confidence in the services offered, which reflects well on Hosco Shift Inc's efforts to make an impact in the community.
Overall, even with a limited number of reviews, it appears that the organization is making a meaningful contribution and is appreciated by those who engage with its offerings.
This AI summary has been generated from reviews found on Facebook.
Is Hosco Shift Inc legitimate?
Hosco Shift Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hosco Shift 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: $252,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $787,304
For more financial information, click here
Official website here: www.hoscousa.com
What is the mission statement of Hosco Shift Inc?
Hosco Shift Inc's mission is centered around enhancing the economic viability of local food systems. They achieve this by incubating businesses for individuals residing in and serving underserved communities. The organization creates career opportunities in various sectors of food production, processing, aggregation, and delivery. Ultimately, their goal is to improve the quality of life for community residents. In addition to this, Hosco Shift Inc provides nutrition education, offers job training, conducts internships, and provides healthy cooking classes to help individuals gain necessary skills. They have collaborated with schools and food services to extend food aid to students and their families during the pandemic.
Official website here: www.hoscousa.com
Who is the CEO of Hosco Shift Inc?
Gibron Jones is the Executive Director of Hosco Shift Inc.
Official website here: www.hoscousa.com
What is the revenue of Hosco Shift Inc?
Hosco Shift Inc's revenue in 2022 was $1,376,451.
Official website here: www.hoscousa.com
Who are the executives of Hosco Shift Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hoscousa.com
Where can I find the form 990 for Hosco Shift Inc?
Hosco Shift Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hoscousa.com
Learn more at the official website: www.hoscousa.com
Mission Statement of Hosco Shift Inc
Hosco Shift Inc, a community-focused organization, strives to enhance the economic viability of local food systems. Their mission is twofold: firstly, they aim to foster businesses within and serving underserved communities, and secondly, they seek to create career opportunities in areas such as food production, processing, aggregation, and delivery. Ultimately, their goal is to improve the quality of life for community residents.
By incubating local businesses, Hosco Shift Inc is not only providing a platform for entrepreneurship but also contributing to the sustainability of the local food system. Furthermore, they are creating careers in various sectors of the food industry, thereby offering meaningful employment opportunities to individuals in the community. This holistic approach to community development is expected to bring about significant improvements in the quality of life for community residents.
Hosco Shift Inc's mission is carried out through various initiatives, including nutrition education, job training, internships, and healthy cooking classes. They have served students at two separate school sites, offering healthy cooking classes to high school juniors and seniors. Additionally, they have participated in internship programs with these schools, providing facilities for Clyde C Miller Culinary students and assisting Food and Nutrition Services during the pandemic. Through these efforts, Hosco Shift Inc is making a tangible difference in the lives of community residents.
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Impact
July, 2024
Hosco Shift Inc is making a significant impact in Saint Louis, Missouri by increasing the economic viability of the local food system. Through their activities such as incubating businesses of those living in and serving underserved communities, providing nutrition education, job training, internships, and healthy cooking classes, they are creating careers around food production, processing, aggregation, and delivery. This initiative ultimately improves the quality of life for community residents by fostering economic opportunities and promoting healthy living practices.
This information is meant to be a general summary of Hosco Shift 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.
- Program Service Revenue: $840,451
- Gross Receipts: $1,376,451
Assets and Liabilities:
- Total Assets: $2,116,671
- Total Liabilities: $1,500,000
- Net Assets: $616,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Diabetic Meals Delivery
Revenue
$840,451
Organization Details
Founding Year
2010
Principal Officer
Gibron Jones
Main Address
3244 Locust, Saint Louis, MO, 63103
Website
www.hoscousa.comNTEE Category
Code: B60 - Education
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