Overview
What is Hope For Tomorrow Inc?
Hope For Tomorrow Inc, based in Rockville, Maryland, is a nonprofit organization that focuses on providing essential services to disadvantaged communities. Established with a mission to improve healthcare and human services, the organization has expanded its reach to include infrastructure development and educational assistance. Their most notable project, Mai Tam Center, is a home for orphaned children living with HIV/AIDS. This center, which opened in 2008, has since expanded its services to support widows and mothers diagnosed with HIV/AIDS. Mai Tam Center offers shelter, medical care, medication, education, and a safe haven for its residents, making it the first and only facility of its kind in Saigon, Vietnam. Currently, the center assists over 500 individuals in need.
Official website here: www.hftusa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Hope For Tomorrow Inc has earned a solid rating of 81%, which reflects its strong performance in accountability and finance. The rating indicates that the organization maintains high transparency and ethical practices, as evidenced by its full scores for independent board membership, conflict of interest policy, and whistleblower policy. These elements suggest that the organization is well-managed and focused on its responsibilities to donors and beneficiaries alike.
The organization boasts a remarkable program expense ratio of 98.91%, indicating that nearly all the funds are directed towards its programs rather than administrative costs. This efficiency in resource allocation is crucial for nonprofits, as it ensures that the majority of donations contribute directly to the intended mission. Additionally, the lack of material diversion of assets underscores its commitment to safeguarding donor contributions.
While the financial metrics are strong, potential donors may want to consider the overall impact and effectiveness of the organization's programs, which is not detailed in the provided rating. Nonetheless, the governance and accountability measures in place suggest that Hope For Tomorrow Inc is a trustworthy option for those looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hope For Tomorrow Inc?
100% of five reviewers on Facebook recommend Hope For Tomorrow Inc. Here's an overview of what they shared:
The overall sentiment is overwhelmingly positive, with users expressing a strong endorsement of the nonprofit. Reviewers describe the organization as "awesome" and emphasize the positive impact of being involved with it.
The enthusiasm for Hope For Tomorrow Inc suggests that it effectively fulfills its mission and inspires a sense of community among its participants. Overall, individuals feel a strong connection to the organization and appreciate its efforts.
This AI summary has been generated from reviews found on Facebook.
Is Hope For Tomorrow Inc legitimate?
Hope For Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Tomorrow 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:
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For more financial information, click here
Official website here: www.hftusa.org
What is the mission statement of Hope For Tomorrow Inc?
Hope For Tomorrow Inc's mission is centered around providing essential services to disadvantaged communities. This includes healthcare, human services, infrastructure development, and educational assistance. The organization actively runs numerous programs to cater to those in need. One of its notable initiatives is the Mai Tam Center, a facility that provides shelter, medicine, medical care, education, and a safe haven for children living with HIV/AIDS, as well as their affected mothers and widows. Today, the Mai Tam Center, which is the first and only facility of its kind in Saigon, Vietnam, supports over 500 individuals in need.
Official website here: www.hftusa.org
Who is the CEO of Hope For Tomorrow Inc?
Thang Do is the President of Hope For Tomorrow Inc.
Official website here: www.hftusa.org
What is the revenue of Hope For Tomorrow Inc?
Hope For Tomorrow Inc's revenue in 2022 was $598,219.
Official website here: www.hftusa.org
Who are the executives of Hope For Tomorrow Inc and what are their salaries?
There 50 volunteers at Hope For Tomorrow Inc.
Here are 9 key members and their salaries:
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Official website here: www.hftusa.org
Where can I find the form 990 for Hope For Tomorrow Inc?
Hope For Tomorrow Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hftusa.org
Learn more at the official website: www.hftusa.org
Mission Statement of Hope For Tomorrow Inc
Hope For Tomorrow Inc, as its mission statement suggests, is committed to providing essential healthcare, human services, infrastructure development, and educational assistance to disadvantaged communities. The organization actively organizes and manages numerous programs to cater to those in need. One of their significant initiatives is the Mai Tam Center, a home for orphaned children living with HIV/AIDS. Established in 2008, the Mai Tam Center has expanded its services to support not only the children but also widows and mothers who are positive with HIV/AIDS. The center offers shelter, medical care, education, medicine, and a safe haven to its residents, currently supporting over 500 individuals in need. Hope For Tomorrow Inc continues to be the only facility of its kind in Saigon, Vietnam, dedicated to serving the community affected by HIV/AIDS.
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Impact
July, 2024
Hope For Tomorrow Inc, through its Mai Tam Center, has made a significant impact in providing healthcare, human services, and support to disadvantaged communities in Saigon, Vietnam. The Mai Tam Center, which opened its doors in 2008, serves as a home for orphaned children living with HIV/AIDS and has expanded its services to include widows and mothers who are also HIV positive. Today, the center provides shelter, medicine, medical care, education, and a safe haven for over 500 women and children in need, making it the first and only facility of its kind in Saigon. Hope For Tomorrow Inc's dedication to serving those in need showcases its commitment to improving lives and providing essential support to vulnerable populations.
This information is meant to be a general summary of Hope For Tomorrow 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.
- Investment Income: $8,367
- Gross Receipts: $598,219
Assets and Liabilities:
- Total Assets: $963,240
- Total Liabilities: $0
- Net Assets: $963,240
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Organization Details
Founding Year
2006
Phone
(301) 379-0242Principal Officer
Thang Do
Main Address
6811 NEEDWOOD ROAD, ROCKVILLE, MD, 20855
Website
www.hftusa.orgNTEE Category
Code: P99 - Human services
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