Overview
What is Hope Center Of Edmond Inc?
Hope Center of Edmond Inc is a nonprofit organization situated in Edmond, Oklahoma. Established with a mission to assist low-income families, they offer a range of essential services. These services include providing food, clothing, and shelter, as well as offering referral services to those in need. The organization's primary goal is to offer basic emergency aid to individuals within the greater Edmond area. With a workforce of 37 dedicated employees, Hope Center of Edmond Inc strives to make a positive impact on the lives of those facing financial hardships in their community.
Official website here: www.contact@hopecenterofedmond.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Hope Center Of Edmond Inc demonstrates strong performance in accountability and finance, evident through its impressive 92% score on Charity Navigator. The organization has achieved a Four-Star rating, primarily due to its high standards in governance and transparency. Notably, it boasts a fully independent board and has received top marks for its financial statements, indicating sound fiscal management.
The charity's commitment to ethical practices is highlighted by its policies on conflict of interest, document retention, and the presence of board meeting minutes. Although the organization lacks a whistleblower policy, this does not significantly detract from its overall governance framework.
Financially, Hope Center Of Edmond Inc displays excellent efficiency with a program expense ratio of 99.88%, meaning nearly all funds are directed toward their programs. The organization maintains a low liabilities to assets ratio of 1.78%, suggesting a stable financial position. Overall, the nonprofit shows strong capabilities in managing resources effectively while maintaining transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Center Of Edmond Inc legitimate?
Hope Center Of Edmond Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Center Of Edmond 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: $108,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $554,142
For more financial information, click here
Official website here: www.contact@hopecenterofedmond.com
What is the mission statement of Hope Center Of Edmond Inc?
The Hope Center Of Edmond Inc is dedicated to addressing the basic emergency needs of individuals within its surrounding community. Specifically, its mission is to extend aid to families facing financial hardships by providing essential items such as food, clothing, and shelter, as well as offering referral services. The center's primary goal is to alleviate the immediate needs of those in need, thereby contributing to their overall well-being and stability. It operates with a mission to serve its community with compassion and integrity, ensuring that no one goes without the essentials during difficult times.
Official website here: www.contact@hopecenterofedmond.com
Who is the CEO of Hope Center Of Edmond Inc?
Jan Sperry is the Exec Director of Hope Center Of Edmond Inc.
Official website here: www.contact@hopecenterofedmond.com
What is the revenue of Hope Center Of Edmond Inc?
Hope Center Of Edmond Inc's revenue in 2022 was $1,619,650.
Official website here: www.contact@hopecenterofedmond.com
Who are the executives of Hope Center Of Edmond Inc and what are their salaries?
The average compensation at Hope Center Of Edmond Inc during 2022 was $17,920. There are 37 employees at Hope Center Of Edmond Inc.
Here are 15 key members and their salaries:
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Official website here: www.contact@hopecenterofedmond.com
Where can I find the form 990 for Hope Center Of Edmond Inc?
Hope Center Of Edmond Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.contact@hopecenterofedmond.com
Learn more at the official website: www.contact@hopecenterofedmond.com
Mission Statement of Hope Center Of Edmond Inc
The Hope Center of Edmond Inc is dedicated to addressing the basic emergency needs of individuals in the greater Edmond area. Their mission, as stated, is to provide essential necessities, such as food, clothing, shelter, and referral services, to families who are financially disadvantaged. By offering these vital resources, the Hope Center aims to support and uplift the community, ensuring that everyone has access to the essentials they need to live with dignity. The center's work is instrumental in bridging the gap between those in need and the resources that can help them overcome challenges, ultimately contributing to a stronger and more resilient community.
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Impact
July, 2024
Hope Center Of Edmond Inc provides basic emergency needs to low-income families in the greater Edmond area. Their impact can be seen through their efforts to provide essential necessities such as food, clothing, shelter, and referral services to those in need. By offering these crucial resources, the organization helps support vulnerable individuals and families in the community, ensuring they have access to the basic essentials required for daily living. Hope Center Of Edmond Inc plays a significant role in addressing the immediate needs of those facing hardship, ultimately contributing to the well-being and stability of the community.
This information is meant to be a general summary of Hope Center Of Edmond 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: $20,044
- Program Service Revenue: $705,458
- Gross Receipts: $1,620,521
Assets and Liabilities:
- Total Assets: $1,738,572
- Total Liabilities: $34,847
- Net Assets: $1,703,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Federal awards
Revenue
$705,458
Organization Details
Founding Year
1984
Phone
(405) 348-1340Principal Officer
Jan Sperry
Main Address
PO Box 2915, Edmond, OK, 73083
NTEE Category
Code: P600 - Human services
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