Overview
What is Tree Of Hope Association?
The Tree of Hope Association is a nonprofit organization situated in Olney, Maryland. With a workforce of 11 dedicated individuals, the organization offers a range of services aimed at support and rehabilitation. These services include job training, peer support groups, and family reunification programs. Notably, they also established recovery meetings within their facility to aid residents. Their mission encompasses providing a nurturing environment where individuals can find the resources and encouragement needed to overcome challenges and rebuild their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating 64% - Two-Star out of Four Star rating
The Tree Of Hope Association has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and finance. With a score of 64%, the organization has demonstrated a strong commitment to program expenses, allocating 95.25% of its funds directly to its programs, which suggests a focus on its mission and community impact.
However, the organization faces significant challenges in governance, with 0% of its board members being independent, raising concerns about oversight and objectivity. Additionally, the absence of financial statements and tax forms on its website highlights a lack of transparency that could affect donor trust and engagement. Although the charity has established policies for conflict of interest, whistleblowing, and document retention, the overall governance structure needs enhancement.
In summary, while Tree Of Hope Association shows strong programmatic focus and effective use of funds, the lack of independent oversight and transparency could hinder its potential for growth and credibility in the nonprofit sector. Addressing these governance issues will be crucial for improving its rating and fostering stronger donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Tree Of Hope Association legitimate?
Tree Of Hope Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tree Of Hope Association 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: $274,551
For more financial information, click here
What is the mission statement of Tree Of Hope Association?
The Tree of Hope Association is committed to providing a range of services aimed at aiding individuals in their recovery journey. This includes job training programs, setting up peer groups, and facilitating family reunification. The organization also offers programming and establishes recovery meetings within their facility, offering peer support to residents. Their mission is centered around empowering individuals and supporting them in their recovery process.
Who is the CEO of Tree Of Hope Association?
Latonia Rich is the Board Member of Tree Of Hope Association.
What is the revenue of Tree Of Hope Association?
Tree Of Hope Association's revenue in 2022 was $624,804.
Who are the executives of Tree Of Hope Association and what are their salaries?
The average compensation at Tree Of Hope Association during 2022 was $24,959. There are 11 employees at Tree Of Hope Association.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Tree Of Hope Association?
Tree Of Hope Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tree Of Hope Association
The Tree of Hope Association, a non-profit organization, is dedicated to offering a variety of services aimed at aiding individuals in their recovery process. Specifically, they focus on job training, fostering peer groups, and facilitating family reunification, all within the framework of programming efforts. Additionally, they have established recovery meetings within their facility and provide peer support to the residents they serve. In essence, the Tree of Hope Association seeks to empower individuals through its comprehensive approach, offering a supportive environment for personal growth and renewal.
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Impact
July, 2024
Tree Of Hope Association has made a significant impact on the community of OLNEY, MD by providing crucial services such as job training, peer groups, and family reunification programming. Additionally, the organization has established recovery meetings within the facility and offered essential peer support to residents. Through these initiatives, Tree Of Hope Association has played a vital role in supporting mental health and overall well-being in the community.
This information is meant to be a general summary of Tree Of Hope Association. 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: $12,427
- Gross Receipts: $624,804
Assets and Liabilities:
- Total Assets: $81,618
- Total Liabilities: $15,506
- Net Assets: $66,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Education and Training Programs
Revenue
$11,723
Program Income
Revenue
$704
Organization Details
Founding Year
2015
Principal Officer
Latonia Rich
Main Address
17519 Gallagher Way, Olney, MD, 20832
NTEE Category
Code: F20 - Mental health
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