Overview
What is Restore Hope Ministries Inc?
Restore Hope Ministries Inc, a Tulsa, Oklahoma-based nonprofit organization with 16 employees, is dedicated to addressing the issue of food insecurity in the community. Approximately one in four children in Tulsa County struggle with hunger, and the organization has taken a commitment to alleviate this problem. Last year, Restore Hope Ministries distributed a substantial amount of nutritious groceries, amounting to 159,593 pounds, to 653 families. In response to the COVID-19 pandemic, they shifted their food program to a contactless process, catering to an unexpected 70% of new clients. The organization was founded to provide emergency assistance to families facing financial crises, with the ultimate goal of restoring their economic and spiritual vitality.
Official website here: www.restorehope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Restore Hope Ministries Inc has achieved the highest possible rating on Charity Navigator, reflecting its exceptional performance in both accountability and finance, as well as leadership and adaptability. This commendable score indicates a strong commitment to transparency and effective financial management, essential factors for building trust with donors and stakeholders.
The organization boasts an independent board, with all members contributing to its governance, and shows a robust financial structure, evidenced by a favorable liabilities to assets ratio. Furthermore, Restore Hope Ministries demonstrates a significant commitment to its mission, with an impressive program expense ratio of nearly 99%, indicating that nearly all of its expenditures directly benefit its programs.
While the data highlights Restore Hope Ministries' strengths, it is essential to note that maintaining such high standards requires ongoing efforts in leadership development and adaptability. The evidence of investment in these areas suggests that the organization is poised to continue thriving and effectively serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Restore Hope Ministries Inc?
92% of 27 reviewers on Facebook recommend Restore Hope Ministries Inc. Here is a summary of their reviews:
Many users express strong support for the organization's mission, praising its effective use of resources and community involvement. One reviewer highlights the ministry's connection to the United Methodists, emphasizing its credibility and reliability within the community. The general sentiment reflects a trust in the organization's ability to make a positive impact.
Overall, it is clear that Restore Hope Ministries successfully resonates with those who have interacted with it, indicating a positive reputation and a commitment to its goals.
This AI summary has been generated from reviews found on Facebook.
Is Restore Hope Ministries Inc legitimate?
Restore Hope Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restore Hope Ministries 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: $76,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,668
For more financial information, click here
Official website here: www.restorehope.org
What is the mission statement of Restore Hope Ministries Inc?
Restore Hope Ministries was founded in response to the increasing demand for emergency aid to families experiencing financial hardships. Their mission is to restore families in crisis by revitalizing both their economic and spiritual well-being. A significant aspect of their work involves addressing hunger, with one in four children in certain areas unsure of when their next meal will be. Last year, the organization distributed 159,593 pounds of nutritious groceries to 653 families, ensuring they had food on the table. In response to the COVID-19 pandemic, they adjusted their food program to maintain a contactless process for clients. Approximately 70% of these new clients during that time were first-time recipients.
Official website here: www.restorehope.org
Who is the CEO of Restore Hope Ministries Inc?
Jeffry Jaynes is the Vice-President of Restore Hope Ministries Inc.
Official website here: www.restorehope.org
What is the revenue of Restore Hope Ministries Inc?
Restore Hope Ministries Inc's revenue in 2022 was $50,873,376.
Official website here: www.restorehope.org
Who are the executives of Restore Hope Ministries Inc and what are their salaries?
The average compensation at Restore Hope Ministries Inc during 2022 was $22,082. There are 16 employees and 402 volunteers at Restore Hope Ministries Inc.
Here are 16 key members and their salaries:
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Official website here: www.restorehope.org
Where can I find the form 990 for Restore Hope Ministries Inc?
Restore Hope Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.restorehope.org
Learn more at the official website: www.restorehope.org
Mission Statement of Restore Hope Ministries Inc
Restore Hope Ministries, a nonprofit organization, was founded in response to the increasing need for emergency assistance among families facing a financial crisis. With a mission to restore families in distress to both economic and spiritual vitality, this charitable institution is dedicated to making a significant impact in the lives of those who struggle.
Through its various initiatives, Restore Hope Ministries focuses on reducing hunger in the community. One in every four children in the county where the organization operates faces the uncertainty of when their next meal will come. To address this issue, the charity distributed an impressive 159,593 pounds of nutritious groceries last year. This substantial amount of food helped provide sustenance for 653 families, enabling them to feed themselves and their loved ones.
Amidst the COVID-19 pandemic, Restore Hope Ministries adapted its food program to offer a contactless process. Interestingly, 70% of the clients during that time were new to the program. This statistic underscores the growing demand for the organization's services, as more families are turning to Restore Hope Ministries for support in these challenging times. The organization's unwavering commitment to helping families in need remains a testament to its mission of restoring both their economic and spiritual well-being.
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Impact
October, 2024
Restore Hope Ministries Inc has made a significant impact on families facing financial crises, particularly in Tulsa County. By addressing the critical issue of food insecurity, the organization has provided vital assistance to those in need. In the past year, Restore Hope distributed an impressive 159,593 pounds of nutritious groceries, directly benefiting 653 families and alleviating hunger in the community.
The urgency of its mission was further highlighted during the COVID-19 pandemic, where the organization quickly adapted its food distribution process to ensure safety while continuing to support those in crisis. Remarkably, around 70% of the clients served during this time were accessing the program for the first time, illustrating a growing need for emergency assistance in the community.
Focusing not only on physical nourishment but also on restoring economic and spiritual vitality, Restore Hope Ministries Inc plays a crucial role in fostering resilience and hope among families struggling with financial hardships. The impact of their work is felt not just in the immediate relief they provide, but also in the long-term benefits of helping families regain stability and self-sufficiency.
This information is meant to be a general summary of Restore Hope Ministries 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: $70,613
- Gross Receipts: $51,016,601
Assets and Liabilities:
- Total Assets: $6,586,730
- Total Liabilities: $3,582,969
- Net Assets: $3,003,761
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Organization Details
Founding Year
1978
Phone
(918) 582-5766Principal Officer
Jeffry Jaynes
Main Address
2960 CHARLES PAGE BLVD, TULSA, OK, 741278318
Website
www.restorehope.orgNTEE Category
Code: P60 - Human services
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