Overview
What is Armour Of Hope Foundation Of Katy?
Armour Of Hope Foundation Of Katy is a nonprofit organization dedicated to offering hope and support to orphans and impoverished individuals. Their mission involves providing care, guidance, and educational programs to help these individuals in need. The foundation focuses on assisting orphan organizations, aiming to improve their lives and prospects. Their activities revolve around fostering opportunities for a better future, offering aid and resources to those who are less fortunate.
Official website here: www.armorofhopefoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star Rating.
The Armour Of Hope Foundation Of Katy has received a low rating from Charity Navigator, indicating significant concerns regarding its financial health and overall accountability. While the organization boasts a fully independent board and has policies in place for conflict of interest, whistleblowers, and document retention, it struggles primarily with financial transparency and management, as evidenced by its poor program expense ratio and high liabilities to assets ratio.
Strengths of the organization include strong governance practices, as the board is entirely independent, which typically enhances accountability. The foundation appears to maintain proper documentation and policy frameworks that align with best practices for nonprofit operations. However, the lack of a posted tax form on their website and an alarming program expense ratio of just 23.59% suggest that a significant portion of their resources may not be directed towards their mission-driven programs.
Potential donors and supporters should carefully consider these financial limitations when evaluating the foundation. The combination of these factors leads to a stark warning about the organization's effectiveness in using contributions to make a meaningful impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Armour Of Hope Foundation Of Katy legitimate?
Armour Of Hope Foundation Of Katy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Armour Of Hope Foundation Of Katy 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
Official website here: www.armorofhopefoundation.org/
What is the mission statement of Armour Of Hope Foundation Of Katy?
The Armour Of Hope Foundation's mission is centered around providing opportunities of hope for the disadvantaged and impoverished, specifically orphans. They achieve this goal through various means, including care, guidance, and educational programs. The foundation aims to make a significant impact in these individuals' lives, offering assistance to organizations that cater to orphans.
Official website here: www.armorofhopefoundation.org/
Who is the CEO of Armour Of Hope Foundation Of Katy?
Cyril Thomas is the Officer of Armour Of Hope Foundation Of Katy.
Official website here: www.armorofhopefoundation.org/
What is the revenue of Armour Of Hope Foundation Of Katy?
Armour Of Hope Foundation Of Katy's revenue in 2022 was $47,807.
Official website here: www.armorofhopefoundation.org/
Who are the executives of Armour Of Hope Foundation Of Katy and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.armorofhopefoundation.org/
Where can I find the form 990 for Armour Of Hope Foundation Of Katy?
Armour Of Hope Foundation Of Katy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.armorofhopefoundation.org/
Learn more at the official website: www.armorofhopefoundation.org/
Mission Statement of Armour Of Hope Foundation Of Katy
The Armour of Hope Foundation of Katy is dedicated to creating opportunities of hope for those who are vulnerable and impoverished, with a specific focus on orphans. This nonprofit organization aims to foster hope through various means, including care, guidance, and educational programs. By providing assistance to orphan organizations, the Armour of Hope Foundation of Katy seeks to make a significant impact on the lives of these children in need.
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Impact
August, 2024
Armour Of Hope Foundation Of Katy makes a significant impact by fostering opportunities of hope for the helpless and impoverished through care, guidance, and educational programs. Its focus on aiding orphans directly impacts the lives of vulnerable individuals, providing them with the necessary support and resources to thrive. The foundation's dedication to this mission demonstrates a commitment to creating positive change and improving the well-being of those in need.
This information is meant to be a general summary of Armour Of Hope Foundation Of Katy. 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: $47,807
- Gross Receipts: $47,807
Assets and Liabilities:
- Total Assets: $12,313
- Total Liabilities: -$1,761
- Net Assets: $14,074
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISING EVENTS
Revenue
$47,807
Organization Details
Phone
(832) 871-5462Principal Officer
Cyril Thomas
Main Address
23239 RED RIVER DR, KATY, TX, 77494
NTEE Category
Code: P30 - Human services
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