Overview
What is Hosanna Inc?
Hosanna Inc is a nonprofit organization situated in Hixson, Tennessee, at 6410 Grubb Road. Its primary mission is to support and empower disabled adults, offering them a living environment that encourages growth and independence. The organization operates two residences, where residents are assisted in finding job training and volunteering opportunities. Additionally, Hosanna Inc enriches the residents' quality of life by organizing various programming. Their goal is to help adults with disabilities reach their full potential physically, emotionally, socially, intellectually, and spiritually, fostering a sense of community and personal growth.
Official website here: www.hosannacommunity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Hosanna Inc has received an overall score of 81%, which reflects a solid performance in accountability and finance. The charity's strong financial practices are highlighted by a program expense ratio of 77.50%, indicating that a significant portion of their funds is directed toward their programs. Additionally, the organization benefits from a governance structure with 91% independent board members, which enhances transparency and accountability.
The charity demonstrated no material diversion of assets and has implemented comprehensive policies, including conflict of interest and whistleblower policies, which are crucial for ethical operations. Their liabilities to assets ratio stands impressively at 0.80%, suggesting sound fiscal health. The documentation of board meeting minutes and the presence of a listed website on their tax form further reflect their commitment to maintaining high standards of accountability.
However, while the financial health of Hosanna Inc appears robust, the ratings are based solely on the Accountability & Finance beacon without any evaluation of other potential impact areas. This focus may not provide a complete picture of the organization's effectiveness in achieving its mission or serving its constituents.
This AI summary has been generated from information found on Charity Navigator.
Is Hosanna Inc legitimate?
Hosanna Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hosanna 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: $71,938
Professional Fundraising Fees: $0
Other Salaries and Wages: $205,732
For more financial information, click here
Official website here: www.hosannacommunity.org
What is the mission statement of Hosanna Inc?
Hosanna Inc's mission is centered around fostering independence for adults with disabilities. They accomplish this by establishing a community where these individuals reside together, encouraging and enabling each other's growth both within the community and the larger world. The objective is for the residents to reach their full potential in various aspects, including physical, emotional, social, intellectual, and spiritual domains. The Hosanna community aims to provide an environment that nurtures and supports the development of its residents, enabling them to live fulfilling lives.
Official website here: www.hosannacommunity.org
Who is the CEO of Hosanna Inc?
Susan R Distefano is the Executive Director of Hosanna Inc.
Official website here: www.hosannacommunity.org
What is the revenue of Hosanna Inc?
Hosanna Inc's revenue in 2022 was $481,831.
Official website here: www.hosannacommunity.org
Who are the executives of Hosanna Inc and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.hosannacommunity.org
Where can I find the form 990 for Hosanna Inc?
Hosanna Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hosannacommunity.org
Learn more at the official website: www.hosannacommunity.org
Mission Statement of Hosanna Inc
Hosanna Inc, a nonprofit organization, is committed to fostering independence for adults with disabilities. They achieve this by establishing a community where individuals with disabilities reside together, encouraging and enabling each other's growth in various aspects of life. This inclusive environment aims to help residents reach their full potential in physical, emotional, social, intellectual, and spiritual capacities. By living and learning together, the residents of Hosanna Inc are empowered to thrive and contribute to society, ultimately realizing their greatest potential.
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Impact
July, 2024
Hosanna Inc's impact lies in fostering independence for adults with disabilities by creating a supportive community environment where residents can live together and grow. By operating two residences and offering opportunities for job training, volunteering, and various enrichment programs, Hosanna enables residents to reach their greatest potential physically, emotionally, socially, intellectually, and spiritually. Their mission is to encourage and enable residents to thrive in both the community and the world, ultimately enhancing their quality of life and promoting independence.
This information is meant to be a general summary of Hosanna 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: $4,714
- Program Service Revenue: $340,267
- Gross Receipts: $481,831
Assets and Liabilities:
- Total Assets: $1,265,186
- Total Liabilities: $6,641
- Net Assets: $1,258,545
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL FEES CHARGED TO
Revenue
$335,262
PROGRAMMING FEES
Revenue
$5,005
Organization Details
Founding Year
1995
Phone
(423) 870-6880Principal Officer
Susan R Distefano
Main Address
6410 GRUBB ROAD, HIXSON, TN, 37343
Website
www.hosannacommunity.orgNTEE Category
Code: P80Z - Human services
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