Overview
What is Hope Extended Inc?
Hope Extended Inc is a nonprofit organization situated in Brookhaven, Mississippi. Its primary mission is to support two facilities in Ecuador: a children's orphanage, Casa de Fe, and a shelter for adolescents, Sweet Refuge. The organization aims to meet the essential needs of underprivileged children worldwide, encompassing medical care, food, housing, education, and overall welfare. By providing these necessities, Hope Extended Inc aims to contribute positively to the lives of children in need, regardless of their location.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
Hope Extended Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored low in several key areas, such as having no independent board members and missing essential policies, including conflict of interest and whistleblower protections. This lack of governance and transparency raises red flags for potential donors and stakeholders.
On a positive note, the nonprofit has demonstrated a strong commitment to program expenses, achieving a high Program Expense Ratio of 98.03%. This suggests that the majority of its funds are directed towards the programs it intends to support, which is a critical factor for assessing the organization's effectiveness. Additionally, it has shown a solid Liabilities to Assets Ratio of 0.00%, indicating a stable financial position without liabilities.
Despite these strengths, the absence of fundamental governance structures and transparency measures significantly undermines the credibility of Hope Extended Inc. To improve its standing and attract donor trust, the organization may need to address these accountability issues and enhance its operational policies.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Extended Inc legitimate?
Hope Extended Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Extended 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: $0
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What is the mission statement of Hope Extended Inc?
Hope Extended Inc is dedicated to addressing the fundamental needs of underprivileged children worldwide. Their mission encompasses providing medical care, ensuring access to food, securing housing, and facilitating education. Additionally, they extend their support to meet the general welfare needs of these children. In practice, Hope Extended Inc supports a children's orphanage in Ecuador, as well as a shelter for adolescents.
Who is the CEO of Hope Extended Inc?
Patti Sue Arnold is the Ceo of Hope Extended Inc. The CEO's salary of Hope Extended Inc is $0 and their total compensation is $0.
What is the revenue of Hope Extended Inc?
Hope Extended Inc's revenue in 2022 was $497,060.
Who are the executives of Hope Extended Inc and what are their salaries?
Here are 12 key members and their salaries (Hope Extended Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Hope Extended Inc?
Hope Extended Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hope Extended Inc
Hope Extended Inc is dedicated to addressing the fundamental needs of underprivileged children worldwide. Their mission encompasses various aspects, including providing medical care, food, housing, and educational support. By doing so, they aim to improve the overall well-being of these children.
In pursuit of this mission, Hope Extended Inc supports a children's orphanage, Case de Fe, and a shelter facility for adolescents, Sweet Refuge, both situated in Ecuador. These initiatives serve as tangible expressions of their commitment to ensuring that underprivileged children have access to the basic necessities they require to thrive. The orphanage and shelter provide a secure environment where children can receive essential care and grow up with a sense of security and hope for a brighter future.
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Impact
July, 2024
Hope Extended Inc's impact is focused on providing for the basic needs of underprivileged children anywhere in the world. This includes crucial support in areas such as medical care, food, housing, education, and general welfare needs. Specifically, the organization supports a children's orphanage, Case de Fe, and a shelter facility for adolescents, Sweet Refuge, both located in Ecuador. Their mission is to ensure that underprivileged children have access to essential resources and care to improve their quality of life and future prospects.
This information is meant to be a general summary of Hope Extended 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.
- Gross Receipts: $497,060
Assets and Liabilities:
- Total Assets: $40,122
- Total Liabilities: $0
- Net Assets: $40,122
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Organization Details
Founding Year
2016
Phone
(601) 748-4580Principal Officer
Patti Sue Arnold
Main Address
PO BOX 519, BROOKHAVEN, MS, 39602
NTEE Category
Code: P30 - Human services
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