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New Hope Charities Inc

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

EIN: 650128327 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is New Hope Charities Inc?

New Hope Charities Inc, based in West Palm Beach, Florida, is a nonprofit organization committed to enhancing disadvantaged communities. Through various programs and collaborations, they assist individuals and families in developing the necessary skills to reach their full potential. The organization provides funds, resources, and services to the underprivileged and distressed members of their community. Their mission includes aiding individuals with medical, educational, housing, and miscellaneous expenses, such as groceries or funeral costs, through grants administered by Father Patrick O'Neill. Overall, New Hope Charities Inc strives to build sustainable families and communities that can thrive and flourish.


Official website here: www.newhopecharities.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating. The rating indicates that while New Hope Charities Inc demonstrates some commitment to accountability and transparency, there are areas, particularly in program expense ratios, that need improvement. The organization has a strong governance structure with an entirely independent board and a robust financial oversight committee.

User feedback highlights the profound impact New Hope Charities has on the community, particularly in assisting children and families in need. Many volunteers commend the dedication and compassion of the staff, noting that the charity addresses essential needs like education, healthcare, and basic services. Positive reviews emphasize the organization’s commitment to improving the lives of underserved populations in the Western Communities of Palm Beach County.

However, the data also suggests limitations, particularly in program expense ratios, which indicates that a significant portion of funds may not be directed towards direct programmatic activities. This aspect, combined with the high salaries of key personnel, raises some questions about the efficiency of fund allocation. Overall, while New Hope Charities is praised for its community work, potential donors should consider these financial indicators when making contributions.


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

Is New Hope Charities Inc legitimate?

New Hope Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Charities 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: $1,091,175

For more financial information, click here


Official website here: www.newhopecharities.org

What is the mission statement of New Hope Charities Inc?

New Hope Charities Inc, in its mission, aims to strengthen disadvantaged communities by providing support and resources that help individuals and families develop essential skills. The organization's ultimate goal is to establish sustainable families and communities that can flourish. Through various programs and collaborations, New Hope Charities Inc assists individuals in reaching their full potential. One of their initiatives, The Dade Project, offers grants to aid with medical, educational, housing, and miscellaneous expenses for the needy. These miscellaneous grants can be used for expenses such as groceries and funeral costs.


Official website here: www.newhopecharities.org

Who is the CEO of New Hope Charities Inc?

Jose F Fanjul is the Principal Officer of New Hope Charities Inc.


Official website here: www.newhopecharities.org

What is the revenue of New Hope Charities Inc?

New Hope Charities Inc's revenue in 2022 was $1,301,641.


Official website here: www.newhopecharities.org

Who are the executives of New Hope Charities Inc and what are their salaries?

The average compensation at New Hope Charities Inc during 2022 was $64,187. There are 17 employees and 42 volunteers at New Hope Charities Inc.


Here are 13 key members and their salaries:


Thomas F Carney Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Pepe Fanjul (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lillian Fanjul (President - Pb County Division)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Londono (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph P Klock Jr Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick O'Neil (President - Dade County Div.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Elliott Elson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Walker Duvall Ctp Cfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Bone Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Block (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Caner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lillian M Azqueta (Executive Director)
  • Compensation: $263,782
  • Related: $0
  • Other: $0
Guillermo Rivera (Program Director)
  • Compensation: $133,975
  • Related: $0
  • Other: $0


Official website here: www.newhopecharities.org

Where can I find the form 990 for New Hope Charities Inc?

New Hope Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newhopecharities.org

Learn more at the official website: www.newhopecharities.org

Mission Statement of New Hope Charities Inc

New Hope Charities Inc, as an organization, is committed to enhancing disadvantaged communities by implementing programs and collaborations that empower individuals and families. Their ultimate objective is to foster sustainable families and communities that can thrive. Through their efforts, New Hope Charities Inc aims to help community members develop the necessary skills to reach their full potential.

Beyond community development, New Hope Charities Inc also provides direct assistance to those in need. This is evident in the Dade Project, a grant initiative managed by Father Patrick O'Neill, which aids individuals with various expenses including medical, educational, housing, and miscellaneous expenses such as groceries and funeral expenses. By offering this comprehensive support, New Hope Charities Inc is making a significant impact in the lives of the poor, underprivileged, and distressed members of their community.

In summary, New Hope Charities Inc is a charitable organization that is dedicated to strengthening disadvantaged communities and supporting individuals and families as they strive to improve their lives. Through their programs, collaborations, and direct financial assistance, they aim to build sustainable communities and help those in need reach their full potential.

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Impact




July, 2024

New Hope Charities Inc's impact is significant in strengthening disadvantaged communities through programs and collaborations that support individuals and families as they develop the skills necessary to reach their full potential. The organization contributes funds, products, and services to the poor, underprivileged, and distressed members of the community. Specifically, the DADE Project, administered by Father Patrick O'Neill, provides grants to aid with medical, educational, housing, and miscellaneous expenses of the needy. These miscellaneous grants cover a wide range of needs, from groceries to funeral expenses. The ultimate goal of New Hope Charities Inc is to build sustainable families and communities that will flourish, making a positive difference in the lives of those they serve.




This information is meant to be a general summary of New Hope Charities 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
$1,301,641 (2022)
Expenses
$1,730,901 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,425,011

Assets and Liabilities:

  • Total Assets: $4,553,322
  • Total Liabilities: $55,237
  • Net Assets: $4,498,085

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Organization Details

Founding Year

1988

Principal Officer

Jose F Fanjul

Main Address

ONE NORTH CLEMATIS ST 200, WEST PALM BEACH, FL, 33401

NTEE Category

Code: T30 - Philanthropy

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