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Hope Choice Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752195169 ✦ Amarillo, TX ✦ Designated as a 501(c)(3)

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Overview

What is Hope Choice Inc?

Hope Choice Inc, based in Amarillo, Texas, is a nonprofit organization with a strong mission. They offer free pregnancy tests and support services to the community. Their primary objective, as stated in their mission, is to empower, mentor, and strengthen future generations. This dedication extends beyond providing testing services, as they aim to make a lasting impact in the lives of those they serve. With a team of 46 dedicated individuals, Hope Choice Inc is committed to making a difference in its community.


Official website here: www.hopechoice.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating

Hope Choice Inc has achieved an exemplary score of 100% on Charity Navigator, primarily based on its accountability and finance practices. The charity demonstrates outstanding governance with a fully independent board and robust financial oversight mechanisms in place. This level of transparency and adherence to best practices reflects positively on its operational integrity.

The organization excels in financial management, with a program expense ratio of 76.23%, indicating that a significant portion of its budget is directed towards its mission-related programs. Furthermore, its fundraising efficiency demonstrates a minimal cost of $0.07 per dollar raised, showcasing effective resource management. The favorable liabilities to assets ratio of 27.63% further emphasizes the organization's strong financial health.

While the data indicates a strong performance in various financial metrics and governance practices, the summary does not provide additional context on program impact or user feedback. This absence could limit potential donors' understanding of the charity's effectiveness in fulfilling its mission beyond financial statistics. Overall, Hope Choice Inc stands out as a well-managed nonprofit with a solid track record in accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Hope Choice Inc legitimate?

Hope Choice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Choice 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: $182,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $746,537

For more financial information, click here


Official website here: www.hopechoice.com

What is the mission statement of Hope Choice Inc?

Hope Choice Inc's mission is centered around equipping, mentoring, and strengthening future generations. This organization strives to achieve this goal by providing various support services, including free pregnancy tests, to the general public. By doing so, Hope Choice Inc aims to contribute positively to the development and well-being of the next generation.


Official website here: www.hopechoice.com

Who is the CEO of Hope Choice Inc?

Candace Gibbs is the Exec. Dir of Hope Choice Inc.


Official website here: www.hopechoice.com

What is the revenue of Hope Choice Inc?

Hope Choice Inc's revenue in 2022 was $2,420,989.


Official website here: www.hopechoice.com

Who are the executives of Hope Choice Inc and what are their salaries?

The average compensation at Hope Choice Inc during 2022 was $20,186. There are 46 employees and 75 volunteers at Hope Choice Inc.


Here are 12 key members and their salaries:


Candace Gibbs (Exec. Dir)
  • Compensation: $182,000
  • Related: $0
  • Other: $0
Greg Burgess (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Deright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Haning (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanner Hargrove (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kadee Merrick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Sumpter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Trafton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Erica Wheat (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Wing (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Wood (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr John Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopechoice.com

Where can I find the form 990 for Hope Choice Inc?

Hope Choice Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopechoice.com

Learn more at the official website: www.hopechoice.com

Mission Statement of Hope Choice Inc

Hope Choice Inc, as a mission-driven organization, is dedicated to equipping, mentoring, and strengthening future generations. Their primary goal is to contribute positively to the development of upcoming generations, ensuring they are well-prepared and resilient.

To accomplish this, Hope Choice Inc provides essential resources and support services to the general public, particularly focusing on pregnancy-related matters. They offer free pregnancy tests, demonstrating their commitment to supporting individuals during crucial life transitions. By providing these services, they aim to offer guidance and assistance, contributing to the well-being and growth of the individuals they serve.

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Impact




July, 2024

Hope Choice Inc's impact is evident in its mission to equip, mentor, and strengthen future generations. This organization based in Amarillo, TX, provides free pregnancy tests and support services to the general public, underscoring its commitment to promoting health and well-being in the community. By offering crucial resources and guidance, Hope Choice Inc plays a significant role in supporting individuals facing pregnancy-related challenges and empowering them to make informed choices for themselves and their families.




This information is meant to be a general summary of Hope Choice 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.

Revenue
$2,420,989 (2022)
Expenses
$1,747,353 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,612
  • Program Service Revenue: $9,452
  • Gross Receipts: $2,490,299

Assets and Liabilities:

  • Total Assets: $6,305,001
  • Total Liabilities: $1,742,492
  • Net Assets: $4,562,509

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RETREAT FEES

Revenue

$9,452

Organization Details

Founding Year

1987

Principal Officer

Candace Gibbs

Main Address

PO BOX 50342, AMARILLO, TX, 791590342

NTEE Category

Code: E400 - Health

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