Hope For The World Inc

Charity Navigator Rating: 60% (Two-Star out of Four Stars)

Hope For The World Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The organization's overall score reflects strengths in program expenses, with 87.87% of their expenditures directed towards programs, which suggests a commitment to fulfilling their mission. Additionally, there have been no reported material diversions of assets, indicating sound financial practices in that regard.

However, the organization faces significant challenges in governance, as evidenced by the lack of independent board members. With a 0% independent board composition, there may be concerns regarding oversight and decision-making practices. Moreover, the absence of a whistleblower policy and document retention policies indicates room for improvement in transparency and risk management.

Other areas of concern include the missing website on their tax form and the absence of posted tax documents on their website, which could hinder public trust. While the organization demonstrates a strong program expense ratio, the overall governance and accountability practices need strengthening to enhance its credibility and effectiveness in the nonprofit sector.

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

Hope For The World Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For The World 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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