Overview
What is Hope Works Inc?
Hope Works Inc is a compassionate nonprofit organization, situated in an unspecified city, dedicated to uplifting underprivileged individuals. Their mission revolves around instilling a sense of worth, fostering personal accountability, and emphasizing the importance of work, all while breaking the vicious cycle of crime, addiction, and poverty that often plagues these communities. They achieve this objective through a comprehensive approach, incorporating daily lessons, meals, educational programs, and spiritual guidance. By offering these services, Hope Works Inc aims to serve the impoverished population and contribute to their overall betterment.
Official website here: www.whyhopeworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Hope Works Inc has received a commendable Four-Star rating from Charity Navigator, indicating exceptional Accountability & Finance practices. The organization scores particularly well in areas such as board independence and financial oversight, reflecting a strong commitment to transparency and responsible stewardship of resources. With no material diversion of assets and a high program expense ratio, the nonprofit demonstrates a focus on maximizing funds directed towards its mission.
User reviews from Great Nonprofits highlight the positive impact of Hope Works in assisting the chronically unemployed and underemployed, particularly through its 13-week job skills program. Reviewers commend the organization for its comprehensive approach, which includes educational classes for those who have been incarcerated and GED preparation, further emphasizing its dedication to community development and support.
While the feedback is overwhelmingly positive, there is limited information regarding the organization's overall reach and long-term outcomes. Nevertheless, the strong financial rating and user endorsements suggest that Hope Works Inc is a reliable and effective nonprofit committed to empowering individuals in their journey towards employment.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Hope Works Inc legitimate?
Hope Works Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Works 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: $2,596,158
For more financial information, click here
Official website here: www.whyhopeworks.org
What is the mission statement of Hope Works Inc?
Hope Works Inc, as a not-for-profit organization, aims to assist the underprivileged by offering outreach programs. These programs are designed to foster personal worth, encourage responsibility, and uphold the importance of work. Through a comprehensive approach that includes daily classes, meals, educational training, and spiritual counseling, Hope Works Inc strives to dismantle the cycles of crime, addiction, and generational poverty that adversely affect many individuals in various cities. By doing so, the organization aims to uplift and empower the under-resourced community.
Official website here: www.whyhopeworks.org
Who is the CEO of Hope Works Inc?
Charlie Maxwell is the Chairman of Hope Works Inc.
Official website here: www.whyhopeworks.org
What is the revenue of Hope Works Inc?
Hope Works Inc's revenue in 2022 was $4,530,631.
Official website here: www.whyhopeworks.org
Who are the executives of Hope Works Inc and what are their salaries?
The average compensation at Hope Works Inc during 2022 was $29,841. There are 87 employees at Hope Works Inc.
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Official website here: www.whyhopeworks.org
Where can I find the form 990 for Hope Works Inc?
Hope Works Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whyhopeworks.org
Learn more at the official website: www.whyhopeworks.org
Mission Statement of Hope Works Inc
Hope Works Inc, a not-for-profit organization, is committed to serving the under-resourced community. Their mission is threefold: to develop individual worth, encourage personal responsibility, and promote the honor and value of work. They achieve this by implementing a holistic approach, which includes daily classes, meals, educational training, and spiritual counseling. The goal is to break the cycle of crime, addiction, and generational poverty that often affects many in the city. By providing these comprehensive services, Hope Works Inc aims to uplift and empower the underprivileged, helping them rise above their circumstances and lead fulfilling lives.
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Impact
July, 2024
Hope Works Inc's impact is significant in Memphis, TN, as it serves the under-resourced population through outreach programs that focus on developing individual worth, encouraging personal responsibility, and promoting the honor and value of work. By providing daily classes, meals, educational training, and spiritual counseling, Hope Works strives to break the cycle of crime, addiction, and generational poverty that affects many individuals in the city. Their holistic approach addresses the root causes of these issues and aims to empower individuals to lead more fulfilling and self-sufficient lives.
This information is meant to be a general summary of Hope Works 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: $14,073
- Gross Receipts: $4,579,393
Assets and Liabilities:
- Total Assets: $4,848,945
- Total Liabilities: $188,435
- Net Assets: $4,660,510
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Organization Details
Founding Year
1998
Phone
(901) 272-3700Principal Officer
Charlie Maxwell
Main Address
3337 SUMMER AVENUE, MEMPHIS, TN, 38122
Website
www.whyhopeworks.orgNTEE Category
Code: J20 - Employment
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