Overview
What is Faith-Hope-Love-Charity Inc?
Faith-Hope-Love-Charity Inc is a dedicated nonprofit organization situated in Palm Springs, Florida, with a mission to support homeless United States veterans. Their primary services include transitional housing, assistance with food and housing, and emotional and psychological support, as well as aftercare services. They also operate a halfway house for homeless veterans recently released from the West Palm Beach Medical Center. Furthermore, they provide Supportive Services for Veteran Families (SSVF), offering various supportive services to eligible veteran families to promote housing stability among very-low income veteran families and those at risk of homelessness. The organization serves its purpose with a team of 25 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Faith-Hope-Love-Charity Inc. holds a two-star rating from Charity Navigator, reflecting a score of 67%. The nonprofit demonstrates strengths in board independence and financial stability, with 100% independent board members and a favorable liabilities to assets ratio. However, it faces significant shortcomings in transparency and governance, as it lacks crucial financial documents and policies that are essential for accountability.
User feedback from Great Nonprofits highlights a positive impact on individuals served, particularly veterans. One review emphasizes the charity's dedication and effectiveness in providing support, illustrating the organization's commitment to helping those in need. Despite the positive personal experiences, the absence of proper documentation and policies raises concerns regarding its overall transparency and operational practices.
The organization excels in program expenses, with a 95.04% ratio dedicated to its mission, indicating that funds are primarily used for its charitable activities. Nonetheless, the lack of required governance documentation such as a conflict of interest policy and missing financial statements suggests areas for improvement that could enhance its credibility and accountability to donors and the public.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Faith-Hope-Love-Charity Inc legitimate?
Faith-Hope-Love-Charity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith-Hope-Love-Charity 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: $987,987
For more financial information, click here
What is the mission statement of Faith-Hope-Love-Charity Inc?
Faith-Hope-Love-Charity Inc is an organization dedicated to aiding homeless United States veterans. They offer various services to support these veterans in regaining stability in their lives. This includes providing transitional housing, assistance with food and housing, as well as emotional and psychological support and aftercare services. They also operate a halfway home for veterans recently discharged from the West Palm Beach Medical Center. Furthermore, they offer Supportive Services for Veteran Families (SSVF), which aims to maintain housing stability among low-income veteran families and veterans at risk of homelessness.
Who is the CEO of Faith-Hope-Love-Charity Inc?
Roy Foster is the Director of Faith-Hope-Love-Charity Inc.
What is the revenue of Faith-Hope-Love-Charity Inc?
Faith-Hope-Love-Charity Inc's revenue in 2022 was $3,495,811.
Who are the executives of Faith-Hope-Love-Charity Inc and what are their salaries?
The average compensation at Faith-Hope-Love-Charity Inc during 2022 was $39,519. There are 25 employees at Faith-Hope-Love-Charity Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Faith-Hope-Love-Charity Inc?
Faith-Hope-Love-Charity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Faith-Hope-Love-Charity Inc
Faith-Hope-Love-Charity Inc is an organization dedicated to supporting homeless United States veterans. Their mission is multifaceted, encompassing various services designed to aid these individuals in their journey towards stability.
Firstly, Faith-Hope-Love-Charity Inc provides transitional housing for homeless veterans. This housing serves as a stepping stone, helping veterans regain their footing and navigate the path towards permanent accommodation.
Secondly, the organization offers assistance with food and housing, alongside emotional and psychological support. This comprehensive approach recognizes the complex challenges faced by homeless veterans, addressing not only their basic needs but also their mental well-being. Aftercare services are also provided, ensuring a smooth transition into independent living.
Thirdly, Faith-Hope-Love-Charity Inc operates a halfway home for homeless veterans recently released from the West Palm Beach Medical Center. This facility provides a structured environment, offering support during a critical period of adjustment.
Lastly, the organization offers Supportive Services for Veteran Families (SSVF). This program is designed to promote housing stability among very-low income veteran families who are either residing in or transitioning to permanent housing. Additionally, SSVF aids veterans at risk of homelessness, providing a range of supportive services to help them overcome these challenges.
In essence, Faith-Hope-Love-Charity Inc's mission is to provide a holistic suite of services for homeless United States veterans, addressing their immediate needs and working towards their long-term stability. This approach encompasses transitional housing, food and housing assistance, emotional support, aftercare services, and a halfway home, all underpinned by the SSVF program.
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Impact
July, 2024
Faith-Hope-Love-Charity Inc has a significant impact on the lives of homeless United States veterans in Palm Springs, Florida. The organization provides essential services such as transitional housing, assistance with food and housing, emotional and psychological support, and aftercare services. Additionally, they offer a halfway home for homeless veterans recently released from the West Palm Beach Medical Center and provide supportive services for veteran families in need.
Through their dedicated efforts, Faith-Hope-Love-Charity Inc is able to promote housing stability among very-low income veteran families and veterans at risk of homelessness. By addressing the immediate needs of this vulnerable population and providing ongoing support, the organization plays a crucial role in improving the lives of those who have served our country. Their work exemplifies the values of faith, hope, and love in action, making a meaningful difference in the community they serve.
This information is meant to be a general summary of Faith-Hope-Love-Charity 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.
- Program Service Revenue: $24,215
- Gross Receipts: $3,495,811
Assets and Liabilities:
- Total Assets: $1,075,288
- Total Liabilities: $374,879
- Net Assets: $700,409
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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
$24,215
Organization Details
Founding Year
1994
Phone
(561) 965-0929Principal Officer
Roy Foster
Main Address
3175 S CONGRESS AVENUE, PALM SPRINGS, FL, 33461
NTEE Category
Code: P20Z - Human services
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