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Hopecam Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562416801 ✦ Reston, VA ✦ Designated as a 501(c)(3)

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Overview

What is Hopecam Inc?

Hopecam Inc is a nonprofit organization that aims to combat the social isolation and loneliness experienced by children diagnosed with cancer and other severe illnesses. They accomplish this by establishing a connection between these children and their school friends using modern technology, such as the internet, computers, and webcams. The organization provides tablet computers to these children and collaborates with their schools and teachers to facilitate communication through platforms like Skype. In doing so, Hopecam bridges the gap between homebound children and their classmates, enabling them to maintain a sense of normalcy and continuity in their lives during difficult times.


Official website here: www.hopecam.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93%, Four-Star out of Four Star rating.

Hopecam Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong level of accountability and transparency in its operations. The charity excels in its financial management, with an impressive program expense ratio of 79.68%, demonstrating that a significant portion of its funds directly support its mission. Furthermore, the organization boasts a fully independent board and adheres to rigorous financial auditing practices, which collectively contribute to its high accountability score of 92%.

In terms of leadership and adaptability, Hopecam Inc has achieved a perfect score, reflecting effective governance and strategic planning. The organization's commitment to fostering a positive culture and community engagement is evident through its impressive feedback mechanisms, which received a perfect score as well. This shows that Hopecam not only values constituent input but actively incorporates it into its operational strategies.

While the overall rating is extremely positive, it's important to note that the leadership and adaptability score may suggest a strong focus on internal processes rather than external outreach or partnership development. Nonetheless, Hopecam Inc stands out as a reliable nonprofit committed to its mission and responsive to the needs of those it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Hopecam Inc legitimate?

Hopecam Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopecam 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: $111,233
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,244

For more financial information, click here


Official website here: www.hopecam.org

What is the mission statement of Hopecam Inc?

Hopecam Inc's mission is centered around alleviating the social isolation and loneliness experienced by children battling cancer and other life-threatening diseases. They accomplish this by facilitating connections between these children and their school friends utilizing the internet, computers, and webcams. By providing tablet computers and collaborating with schools and teachers, Hopecam enables these homebound children to engage with their classmates via Skype, thereby bridging the gap that often separates them.


Official website here: www.hopecam.org

Who is the CEO of Hopecam Inc?

Len Forkas is the Chairman of Hopecam Inc.


Official website here: www.hopecam.org

What is the revenue of Hopecam Inc?

Hopecam Inc's revenue in 2022 was $563,576.


Official website here: www.hopecam.org

Who are the executives of Hopecam Inc and what are their salaries?

The average compensation at Hopecam Inc during 2022 was $78,869. There are 4 employees at Hopecam Inc.


Here are 16 key members and their salaries:


Leonard Forkas (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ozzie Reyes-Chica (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Hamilton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Col Kathy Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannie Buhr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Chatterjee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Coleman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ginsberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eva Perdahl-Wallace (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Police (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Tarr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Wendel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Maiwurm (Assistant Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren V Priestas (Executive Director)
  • Compensation: $93,403
  • Related: $0
  • Other: $9,084


Official website here: www.hopecam.org

Where can I find the form 990 for Hopecam Inc?

Hopecam Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopecam.org

Learn more at the official website: www.hopecam.org

Mission Statement of Hopecam Inc

Hopecam Inc, a nonprofit organization, aims to combat the social isolation and loneliness experienced by children diagnosed with cancer and other life-threatening diseases. To achieve this, Hopecam utilizes the power of the internet, computers, and webcameras. By providing tablet computers to these children, the organization bridges the gap between homebound children and their classmates, enabling them to connect through platforms like Skype. This innovative approach allows these children to maintain a sense of normalcy and continuity with their school life, fostering a sense of belonging and emotional support during their challenging journey.

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Impact




July, 2024

Hopecam Inc's impact is profound in helping children diagnosed with cancer and other life-threatening diseases to overcome social isolation and loneliness by connecting them with their friends at school through the use of the internet, computers, and webcams. By providing tablet computers to these children and facilitating connections through Skype, Hopecam bridges the gap between homebound children and their classmates, ensuring they can maintain important social connections during challenging times. This innovative approach not only enhances the well-being of the children served but also contributes to their overall quality of life and emotional resilience.




This information is meant to be a general summary of Hopecam 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.

Revenue
$563,576 (2022)
Expenses
$833,339 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,202
  • Program Service Revenue: $23,404
  • Gross Receipts: $584,703

Assets and Liabilities:

  • Total Assets: $660,728
  • Total Liabilities: $35,601
  • Net Assets: $625,127

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPEECH AND BOOK FEES

Revenue

$23,404

Organization Details

Founding Year

2003

Principal Officer

Len Forkas

Main Address

12100 SUNSET HILLS ROAD C10, RESTON, VA, 20190

NTEE Category

Code: X20 - Religion related

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