Overview
What is Hope Farm Inc?
Hope Farm Inc, established in 1990, is a nonprofit organization situated in Fort Worth, Texas, specifically at 865 E Ramsey Ave. Their primary mission is to cater to the spiritual, educational, and social needs of young, at-risk boys residing in the Morningside and Como neighborhoods of Fort Worth, as well as the Fair Park neighborhoods of Dallas. With a dedicated workforce of 39 individuals, Hope Farm Inc implements various programs to achieve its mission, contributing positively to the lives of these boys in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%
Hope Farm Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored exceptionally well in various categories, notably achieving a perfect score for accountability practices and financial oversight, indicating transparency and responsible management of resources.
The organization has a fully independent board with a total of ten members, demonstrating a robust governance structure. Additionally, they excel in financial metrics, including a high program expense ratio and low liabilities, which suggest that a significant portion of their funding is directed towards their programs rather than administrative costs. The fundraising efficiency ratio is also commendable, indicating effective fundraising strategies.
However, it's worth noting that the charity lacks a whistleblower policy and has not documented its retention and destruction procedures, which may be areas for improvement. Despite these gaps, the overall financial health and governance practices of Hope Farm Inc position it as a trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Farm Inc legitimate?
Hope Farm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Farm 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: $1,209,123
For more financial information, click here
What is the mission statement of Hope Farm Inc?
Hope Farm Inc, established in 1990, is committed to addressing the spiritual, educational, and social needs of young, at-risk boys residing in vulnerable communities. Located in Fort Worth, TX and Dallas, TX's Fair Park neighborhoods, the organization implements various programs to fulfill this purpose. The mission of Hope Farm Inc is to support these boys holistically, addressing their emotional as well as social needs, aiming to empower them and improve their living circumstances.
Who is the CEO of Hope Farm Inc?
Steve Kissell is the Executive Director/President of Hope Farm Inc.
What is the revenue of Hope Farm Inc?
Hope Farm Inc's revenue in 2022 was $1,994,585.
Who are the executives of Hope Farm Inc and what are their salaries?
The average compensation at Hope Farm Inc during 2022 was $31,003. There are 39 employees and 500 volunteers at Hope Farm Inc.
Here are 13 key members and their salaries:
- Compensation: $115,000
- Related: $0
- Other: $7,632
- Compensation: $105,837
- Related: $0
- Other: $7,632
- Compensation: $94,291
- Related: $0
- Other: $2,829
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hope Farm Inc?
Hope Farm Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hope Farm Inc
Hope Farm Inc, established in 1990, is dedicated to addressing the spiritual, emotional, and social needs of young, at-risk boys residing in disadvantaged neighborhoods, specifically Morningside and Como areas of Fort Worth, Texas, and the Fair Park neighborhoods of Dallas. The organization's mission is to provide these boys with a holistic support system, encompassing spiritual growth, education, and social development. Through various programs, Hope Farm Inc seeks to foster a positive transformation in the lives of these at-risk youth, enabling them to overcome the challenges they face and ultimately lead fulfilling lives.
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Impact
July, 2024
Hope Farm Inc makes a significant impact by providing crucial support and guidance to young at-risk boys in the Morningside and Como neighborhoods of Fort Worth, TX. Through its programs focused on spiritual, educational, and social development, Hope Farm Inc works to uplift the lives of these boys and help them overcome challenges they face in their community. By addressing their spiritual, emotional, and social needs, Hope Farm Inc is making a positive difference in the lives of these young individuals, offering them a path towards a brighter future and empowering them to reach their full potential.
This information is meant to be a general summary of Hope Farm 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: $6,270
- Program Service Revenue: $280,988
- Gross Receipts: $1,994,585
Assets and Liabilities:
- Total Assets: $6,071,507
- Total Liabilities: $67,988
- Net Assets: $6,003,519
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Organization Details
Founding Year
1990
Phone
(817) 926-9116Principal Officer
Steve Kissell
Main Address
865 E RAMSEY AVE, FORT WORTH, TX, 76104
NTEE Category
Code: P70Z - Human services
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