Overview
What is Home Of Hope Inc?
Home of Hope Inc, a nonprofit organization based in Vinita, Oklahoma, focuses on supporting individuals with developmental and other disabilities by promoting choices. With a team of 174 employees, they offer community integration, planning, implementation, assessment of individual needs, and normalization with home and community. Through their services, they enable people to build social relationships and improve their quality of life. Home of Hope Inc's mission is to empower those with disabilities to make decisions that enhance their independence and overall well-being.
Official website here: www.homeofhope.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall Score: 69% - Two-Star out of Four Star rating
Home Of Hope Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations. While the organization excels in accountability and finance, achieving a perfect score of 100% in that area, other aspects such as financial transparency are lacking. The absence of financial statements significantly impacts its overall evaluation, demonstrating a gap in essential documentation.
The organization benefits from a majority independent board, and its low liabilities to assets ratio reflects a stable financial position. However, critical policies, including those for conflict of interest and whistleblower protections, are missing. This could pose risks regarding organizational governance and transparency, which are essential for maintaining trust with stakeholders.
Overall, while Home Of Hope Inc demonstrates strong financial management and governance through its independent board, it must address its deficiencies in policy documentation and financial reporting to improve its standing and effectively serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Home Of Hope Inc legitimate?
Home Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Of Hope 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: $9,007,088
For more financial information, click here
Official website here: www.homeofhope.com
What is the mission statement of Home Of Hope Inc?
Home of Hope Inc is dedicated to empowering individuals with developmental and other disabilities by promoting choices for them. The organization's mission centers around supporting these individuals in their community by providing residential and rehabilitation services, assessing and implementing individual needs, and facilitating community integration and social relationships. The ultimate goal is to help these individuals achieve normalization within home and community settings.
Official website here: www.homeofhope.com
Who is the CEO of Home Of Hope Inc?
Ralph Richardson is the Cfo of Home Of Hope Inc. The CEO's salary of Home Of Hope Inc is $0 and their total compensation is $0.
Official website here: www.homeofhope.com
What is the revenue of Home Of Hope Inc?
Home Of Hope Inc's revenue in 2022 was $16,492,529.
Official website here: www.homeofhope.com
Who are the executives of Home Of Hope Inc and what are their salaries?
The average compensation at Home Of Hope Inc during 2022 was $51,765. There are 174 employees at Home Of Hope Inc.
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Official website here: www.homeofhope.com
Where can I find the form 990 for Home Of Hope Inc?
Home Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homeofhope.com
Learn more at the official website: www.homeofhope.com
Mission Statement of Home Of Hope Inc
Home of Hope Inc, a dedicated nonprofit organization, strives to empower individuals with developmental and other disabilities by promoting choices. The mission of this esteemed organization is centered around supporting people in need, enabling them to make decisions that enhance their lives.
Home of Hope Inc goes beyond providing basic services, extending its reach to community integration, social relationships, and normalization. Its commitment to individuals' well-being is reflected in the various support services it offers. These include planning, implementation, and assessment of individual needs, ensuring a tailored approach to each person's unique requirements.
To foster a sense of independence and inclusion, the organization focuses on community support. It provides essential rehabilitation services, helping individuals build a foundation for a more self-sufficient life. By facilitating community integration, Home of Hope Inc creates opportunities for people with disabilities to engage with their surroundings and form meaningful relationships. The ultimate goal is to help individuals live as normal a life as possible within their homes and communities.
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Impact
October, 2024
Home Of Hope Inc makes a significant impact on the lives of individuals with developmental and other disabilities by focusing on personalized support and empowerment. By promoting choices, they ensure that each person can actively participate in decisions affecting their lives. Their comprehensive community support services—including residential and rehabilitation services—are tailored to meet individual needs through careful planning, implementation, and ongoing assessment.
In Vinita, Oklahoma, Home Of Hope Inc fosters community integration, helping individuals build social relationships and achieve normalization within their homes and communities. This approach not only enhances the quality of life for those they serve but also encourages a more inclusive society where everyone can thrive. Through their dedication to supporting autonomy and enhancing social connections, they contribute meaningfully to the well-being of individuals and the broader community.
This information is meant to be a general summary of Home Of Hope 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: $1,147,078
- Program Service Revenue: $14,722,466
- Gross Receipts: $16,492,529
Assets and Liabilities:
- Total Assets: $9,222,174
- Total Liabilities: $2,838,443
- Net Assets: $6,383,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY SUPPORT RESIDENTIAL
Revenue
$6,968,155
INTERMEDIATE CARE
Revenue
$5,258,198
GROUP HOMES
Revenue
$1,056,113
VOCATIONAL
Revenue
$768,956
WORKSHOP AND SMALL BUSINESS
Revenue
$671,044
Organization Details
Founding Year
1968
Phone
(918) 256-7825Principal Officer
Ralph Richardson
Main Address
PO BOX 903, VINITA, OK, 74301
Website
www.homeofhope.comNTEE Category
Code: P820 - Human services
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