Overview
What is Hope Inc?
Hope Inc, located in Wichita, Kansas, is a nonprofit organization committed to supporting vulnerable individuals. Their primary mission is to provide affordable housing and counseling services to disabled, low-income, and homeless individuals, as well as those re-entering society after incarceration. They strive to empower these individuals by offering essential resources and guidance, helping them overcome challenges and improve their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Hope Inc has achieved an impressive overall rating of 94% from Charity Navigator, reflecting its strong commitment to accountability and finance. The score is entirely derived from its accountability and finance metrics, indicating that the organization operates with a high degree of transparency and responsibility. In particular, it has excelled in areas such as maintaining a fully independent board and having no material diversions of assets, both of which contribute positively to its governance practices.
The nonprofit also demonstrates effective financial management, as evidenced by a program expense ratio of 98.39%. This suggests that the majority of its expenditures directly support its programs rather than administrative costs, emphasizing its mission-driven approach. Additionally, the organization has robust policies in place regarding conflicts of interest, whistleblower protections, and document retention, which underscores its adherence to best practices in nonprofit governance.
Overall, while the ratings highlight the strengths of Hope Inc in financial accountability and governance, it is important for potential donors and stakeholders to consider how these strengths translate into the organization's impact and effectiveness in achieving its mission. However, based on the available data, it is clear that Hope Inc is a well-managed charity with a strong focus on serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Inc legitimate?
Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope 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: $115,401
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What is the mission statement of Hope Inc?
Hope Inc's mission is centered around providing support for disadvantaged individuals. Specifically, they offer low-income housing and counseling services to individuals with disabilities, those living in poverty, and homeless people, as well as re-entry inmates. Their goal is to provide a safe and supportive environment and resources to help these individuals rebuild their lives. The organization also offers counseling services to assist them in overcoming the challenges they face.
Who is the CEO of Hope Inc?
E Jean Carter-Boniface is the President of Hope Inc.
What is the revenue of Hope Inc?
Hope Inc's revenue in 2021 was -$37,935.
Who are the executives of Hope Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Hope Inc?
Hope Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Hope Inc
Hope Inc, as a nonprofit organization, is dedicated to providing low-income housing and counseling services to disabled individuals, low-income families, and homeless persons, as well as those who are re-entering society after serving their sentences. The mission of Hope Inc is to offer a supportive environment and resources to these vulnerable groups, aiming to improve their living conditions and promote their overall well-being. By providing housing, Hope Inc ensures that individuals and families have a stable and safe place to live, which is a fundamental need for achieving a better quality of life. Additionally, the counseling services offered by Hope Inc help these individuals overcome the challenges they face, whether it be related to disability, financial instability, or re-entry into society. By offering both housing and counseling, Hope Inc is committed to providing holistic support to its beneficiaries, empowering them to rebuild their lives and achieve self-sufficiency.
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Impact
October, 2024
Hope Inc plays a crucial role in addressing housing insecurity for vulnerable populations in Wichita, Kansas. By providing low-income housing and counseling services, it directly impacts the lives of disabled individuals, low-income families, homeless persons, and re-entry inmates, helping them regain stability and independence. The organization not only offers essential shelter but also guidance and support to navigate challenges associated with housing, thereby fostering a sense of community and belonging.
Through its mission, Hope Inc contributes to reducing homelessness and assisting individuals in their journey towards self-sufficiency. By focusing on housing solutions, the organization works to uplift the most marginalized segments of society, promoting dignity and improving overall quality of life in the community. The holistic approach also helps in breaking the cycle of poverty and providing a foundation for individuals to rebuild their lives, ultimately benefiting the entire community in Wichita.
This information is meant to be a general summary of Hope 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 2021.
- Program Service Revenue: $145,401
- Gross Receipts: $472,750
Assets and Liabilities:
- Total Assets: $5,228,934
- Total Liabilities: $1,917,882
- Net Assets: $3,311,052
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$145,401
Organization Details
Founding Year
1976
Phone
(316) 618-8652Principal Officer
E Jean Carter-Boniface
Main Address
2137 N BATTIN, WICHITA, KS, 672082521
NTEE Category
Code: L200 - Housing
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