Overview
What is The Hope For Families Center Inc?
The Hope For Families Center Inc, situated in Vero Beach, Florida, is a nonprofit organization dedicated to assisting homeless families. Their primary mission is to help these families achieve self-sufficiency by providing them with long-term transitional housing. The center emphasizes the importance of education, job training, and life skills development. By offering these opportunities, The Hope For Families Center Inc aims to empower homeless families to secure stable employment and permanent housing, thereby breaking the cycle of homelessness. With a team of 37 dedicated individuals, the center serves as a beacon of hope and support for families in need on Florida's Treasure Coast.
Official website here: www.hopeforfamiliescenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Hope For Families Center Inc has received a solid Three-Star rating, indicating a generally positive evaluation of its financial health and transparency. With a high Accountability & Finance Score of 95, the organization demonstrates strong fiscal management, including a program expense ratio of 74.47% and a working capital ratio that suggests long-term financial stability.
In terms of impact, the nonprofit scored 80 in Impact & Measurement, reflecting its effectiveness in fulfilling its mission. The organization collects and utilizes feedback effectively, scoring 100 in both areas, which shows a commitment to incorporating community input into its programs. Additionally, the board is fully composed of independent members, enhancing governance integrity.
However, the organization scored lower in the Culture & Community category at 13%, indicating potential areas for improvement in community engagement and organizational culture. Overall, while The Hope For Families Center Inc shows strong accountability and impact, it may need to focus on enhancing its community relationships.
This AI summary has been generated from information found on Charity Navigator.
Is The Hope For Families Center Inc legitimate?
The Hope For Families Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hope For Families Center 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: $550,618
For more financial information, click here
Official website here: www.hopeforfamiliescenter.com
What is the mission statement of The Hope For Families Center Inc?
The Hope For Families Center Inc's mission is centered around helping homeless families overcome their situation. Their objective is achieved by providing opportunities that enable these families to become self-sufficient. This is accomplished through various means, including education, securing living wages, and ensuring permanent housing. The organization operates long-term transitional housing for homeless families, focusing on job training and life skills necessary for self-sufficiency.
Official website here: www.hopeforfamiliescenter.com
Who is the CEO of The Hope For Families Center Inc?
Charles Cunningham is the President (C of The Hope For Families Center Inc.
Official website here: www.hopeforfamiliescenter.com
What is the revenue of The Hope For Families Center Inc?
The Hope For Families Center Inc's revenue in 2022 was $1,540,715.
Official website here: www.hopeforfamiliescenter.com
Who are the executives of The Hope For Families Center Inc and what are their salaries?
The average compensation at The Hope For Families Center Inc during 2022 was $14,882. There are 37 employees at The Hope For Families Center Inc.
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Official website here: www.hopeforfamiliescenter.com
Where can I find the form 990 for The Hope For Families Center Inc?
The Hope For Families Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeforfamiliescenter.com
Learn more at the official website: www.hopeforfamiliescenter.com
Mission Statement of The Hope For Families Center Inc
The Hope For Families Center Inc is committed to providing opportunities for homeless families to overcome their circumstances and achieve self-sufficiency. Their mission is to accomplish this goal through various means, primarily focusing on education, securing living wages, and obtaining permanent housing. By offering these essential resources, the center aims to empower these families, enabling them to break the cycle of homelessness and build stable, independent lives.
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Impact
July, 2024
The Hope For Families Center Inc provides opportunities for homeless families to end homelessness by achieving self-sufficiency through education, living wages, and permanent housing. The organization focuses on providing long-term transitional housing for homeless families on the Treasure Coast, with a strong emphasis on education, job training, and life skills necessary for self-sufficiency. Through these efforts, The Hope For Families Center Inc is making a direct impact on empowering homeless families to achieve stability and independence.
This information is meant to be a general summary of The Hope For Families Center 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: $11,930
- Program Service Revenue: $13,987
- Gross Receipts: $1,626,678
Assets and Liabilities:
- Total Assets: $3,590,140
- Total Liabilities: $39,087
- Net Assets: $3,551,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$13,987
Organization Details
Founding Year
1991
Phone
(772) 567-2766Principal Officer
Charles Cunningham
Main Address
715 4TH PLACE, VERO BEACH, FL, 32962
NTEE Category
Code: P20Z - Human services
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