Overview
What is Streams Of Hope?
Streams of Hope is a nonprofit organization established in 2006, located in Grand Rapids, Michigan. With a focus on southeast Kent County, the organization aims to foster a healthier neighborhood by delivering a variety of developmental programs. Their initiatives encompass providing essential supplementary groceries through a Food Center, offering educational support for students ranging from kindergarten to adulthood, and offering financial strategy and workforce development programs. These programs aim to empower local families, enabling them to transition from poverty towards building a lasting legacy of wealth. Streams of Hope's mission is to demonstrate the love of Jesus through these programs and relationships that contribute to the betterment of their community. The organization currently employs 28 individuals.
Official website here: www.streamsofhope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Streams Of Hope has achieved a commendable Four-Star rating from Charity Navigator with an overall score of 95%. This score reflects the organization’s strong commitment to accountability and finance, evidenced by a remarkable 96% in this category. The charity boasts a fully independent board, robust financial oversight mechanisms, and effective policies addressing conflict of interest and whistleblower protections, ensuring transparency and good governance.
In terms of program effectiveness, Streams Of Hope maintains a high program expense ratio of 76.06%, indicating that a significant portion of its expenditures directly supports its mission-related activities. Additionally, the organization excels in its engagement with constituents, achieving perfect scores in feedback collection and usage, which demonstrates a responsive approach to community needs and challenges.
While the organization’s culture and community score is also impressive at 91%, it is worth noting that the leadership and adaptability aspect has not been currently scored. This could indicate a potential area for further evaluation. Overall, Streams Of Hope shows strong performance across multiple metrics, making it a trustworthy choice for those looking to support impactful nonprofit work.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Streams Of Hope?
94% of 11 reviewers on Facebook recommend Streams Of Hope. Here is a summary of their reviews:
The nonprofit is praised for its dedicated team and impactful work within the local community. Many users appreciate the genuine commitment of the staff and volunteers who strive to make a difference. Their efforts in supporting community initiatives have resonated positively with those benefiting from their services.
Overall, the sentiment towards Streams Of Hope is overwhelmingly positive. People feel that the organization truly embodies the spirit of community service and effectively addresses the needs of those it aims to help.
This AI summary has been generated from reviews found on Facebook.
Is Streams Of Hope legitimate?
Streams Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Streams Of Hope 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: $95,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,515
For more financial information, click here
Official website here: www.streamsofhope.org
What is the mission statement of Streams Of Hope?
Streams of Hope's mission is centered around demonstrating the love of Jesus. They achieve this through various programs and relationships, with the ultimate goal of fostering a healthier neighborhood. The organization offers a variety of developmental programs, serving as a hub for community well-being. Monthly, they provide essential supplementary groceries and offer educational support for students of all ages, including tutoring and GED/High School Diploma programs. Additionally, Streams of Hope offers financial strategy and workforce development programs, aiming to empower local families to transition from poverty to financial stability.
Official website here: www.streamsofhope.org
Who is the CEO of Streams Of Hope?
Kurtis Kaechele is the Executive Director of Streams Of Hope.
Official website here: www.streamsofhope.org
What is the revenue of Streams Of Hope?
Streams Of Hope's revenue in 2022 was $1,718,178.
Official website here: www.streamsofhope.org
Who are the executives of Streams Of Hope and what are their salaries?
The average compensation at Streams Of Hope during 2022 was $10,729. There are 28 employees and 91 volunteers at Streams Of Hope.
Here are 13 key members and their salaries:
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Official website here: www.streamsofhope.org
Where can I find the form 990 for Streams Of Hope?
Streams Of Hope's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.streamsofhope.org
Learn more at the official website: www.streamsofhope.org
Mission Statement of Streams Of Hope
Streams of Hope, established in 2006, is committed to demonstrating the love of Jesus by building a healthier neighborhood through various programs and relationships. The nonprofit organization aims to become the focal point of a thriving community by offering a selection of twelve developmental programs. These initiatives extend from providing essential supplementary groceries through their Food Center, to offering free educational support for students of all age groups, including tutoring for elementary school children and homework help for middle and high school students.
Moreover, Streams of Hope offers a free GED/High School Diploma program for adults, empowering local adults to improve their educational backgrounds. The nonprofit also provides financial strategy and workforce development programs, enabling families to transition from poverty to financial stability and legacy-building. By offering these diverse programs, Streams of Hope seeks to contribute to a healthier neighborhood, demonstrating the love of Jesus through tangible actions.
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Impact
July, 2024
Streams of Hope's impact can be seen in the transformation of southeast Kent County since its founding in 2006. By offering a diverse range of twelve developmental programs, Streams of Hope has become a pivotal agent in building a healthier neighborhood. The organization provides essential supplementary groceries each month through its Food Center, offers free educational support for students of all ages, and empowers local families with financial strategy and workforce development programs. Through these initiatives, Streams of Hope is actively working to help families transition from poverty to establishing lasting wealth, all while demonstrating the love of Jesus and fostering stronger community relationships.
This information is meant to be a general summary of Streams Of Hope. 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: $12,062
- Gross Receipts: $1,720,651
Assets and Liabilities:
- Total Assets: $3,334,534
- Total Liabilities: $874,219
- Net Assets: $2,460,315
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Organization Details
Founding Year
2005
Principal Officer
Kurtis Kaechele
Main Address
280 60th Street SE, Grand Rapids, MI, 49508
Website
www.streamsofhope.orgNTEE Category
Code: P30 - Human services
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