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Haven Of Hope Inc

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

EIN: 581612531 ✦ Tullahoma, TN ✦ Designated as a 501(c)(3)

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Overview

What is Haven Of Hope Inc?

Haven of Hope Inc is a nonprofit organization dedicated to providing a safe sanctuary for battered women and their children. Established with a core mission focused on sheltering these vulnerable individuals, the organization offers essential support services to help them overcome the challenges they face. This includes providing necessities, food, clothing, support groups, case management, mental and medical healthcare, transportation, and job opportunities. By serving as a first point of contact for individuals in distress, Haven of Hope Inc offers safety planning, information, and assistance related to domestic violence concerns.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Haven Of Hope Inc has received a Three-Star rating from Charity Navigator, with an overall score of 79%. This rating indicates a solid level of accountability and financial health, calculated entirely on the Accountability & Finance beacon. The charity demonstrates strong governance with 100% of its board members being independent and has a robust policy framework in place, including conflict of interest and whistleblower policies.

Strengths highlighted in the rating include a high program expense ratio of 90.51%, meaning a significant portion of its funding goes directly to its programs. Furthermore, the organization shows no material diversion of assets and maintains a favorable liabilities to assets ratio of 12.93%, indicating sound financial management. The thorough documentation practices, such as minutes of board meetings and retention policies, also reflect a commitment to transparency.

While the organization has established a commendable foundation in accountability and finance, the overall score suggests there may be areas for further improvement. However, the current rating indicates that Haven Of Hope Inc is effectively managed and dedicated to its mission.


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

Is Haven Of Hope Inc legitimate?

Haven Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haven Of 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: $448,492

For more financial information, click here

What is the mission statement of Haven Of Hope Inc?

Haven of Hope Inc is dedicated to providing a safe shelter for battered women and their children. Their mission is centered around offering sanctuary and support to those who have experienced domestic violence. This includes providing essential resources and care to help them rebuild their lives and regain their sense of safety and independence. The organization's activities focus on offering a secure environment, emotional support, and necessary assistance to enable the women and children to overcome the traumatic experiences they have endured.

Who is the CEO of Haven Of Hope Inc?

Bill Joe Nix is the Chairperson of Haven Of Hope Inc.

What is the revenue of Haven Of Hope Inc?

Haven Of Hope Inc's revenue in 2023 was $741,900.

Who are the executives of Haven Of Hope Inc and what are their salaries?

The average compensation at Haven Of Hope Inc during 2023 was $28,031. There are 16 employees at Haven Of Hope Inc.


Here are 11 key members and their salaries:


Viki Blondin (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Crouch (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellye Gilbert (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Henderson (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Jernigan (Vice-Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramona S Mason (Financial Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Joe Nix (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Rice (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Schofill (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Misty Stevenson (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Haven Of Hope Inc?

Haven Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Haven Of Hope Inc

Haven of Hope Inc, a nonprofit organization, is dedicated to providing a safe haven for battered women and their children. Its primary mission is to offer shelter and support to these vulnerable individuals, providing them with essential necessities such as food and clothing. The organization aims to create an environment where these women and children can begin to heal and rebuild their lives, free from the threats and dangers that they faced before seeking refuge. Haven of Hope Inc's mission is crucial in empowering women and children who have experienced domestic violence, offering them the resources and support necessary to break free from their past and start anew.

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Impact




July, 2024

Haven Of Hope Inc provides a safe haven for battered women and children in Tullahoma, TN. Through their shelter services, they are actively helping survivors of domestic abuse escape dangerous situations and rebuild their lives. Their impact goes beyond just providing temporary shelter - they offer support, resources, and a caring environment for those in need. By addressing the urgent needs of vulnerable individuals, Haven Of Hope Inc is making a significant difference in the lives of those affected by domestic violence.




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

Revenue
$741,900 (2023)
Expenses
$651,051 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,626
  • Gross Receipts: $741,900

Assets and Liabilities:

  • Total Assets: $1,020,657
  • Total Liabilities: $132,017
  • Net Assets: $888,640

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Organization Details

Founding Year

1985

Principal Officer

Bill Joe Nix

Main Address

113 WESTSIDE DRIVE, TULLAHOMA, TN, 37388

NTEE Category

Code: P43Z - Human services

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