Overview
What is Hotzone Inc?
Hotzone Inc, located in Pearland, Texas, is a nonprofit organization that focuses on offering educational opportunities in the field of hazardous materials, terrorism, and safety. They achieved this by organizing a conference, where they provided 186 scholarships, covering both conference fees and lodging expenses. The primary goal of this conference was to educate attendees on various hazardous materials-related and terrorism safety issues. By offering this conference, Hotzone Inc aims to contribute to the safety and preparedness of individuals in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 10%
Hotzone Inc has received a low rating of 10%, which translates to a Zero-Star out of Four Star rating on Charity Navigator. This indicates significant concerns regarding the organization's accountability and financial management. The score reflects a lack of independent board members and missing essential governance policies, such as a conflict of interest policy and a whistleblower policy.
The organization shows no material diversion of assets, which is a positive aspect in terms of financial integrity. However, the absence of a website listed on the tax form and missing documentation, such as board meeting minutes, raises concerns about transparency. Additionally, the program expense ratio is reported at 0%, which suggests that the funds may not be allocated effectively towards its intended programs and services.
Overall, Hotzone Inc's governance issues and lack of transparency significantly impact its rating. Potential donors and supporters may want to consider these factors carefully before contributing, as the organization does not currently demonstrate a commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Hotzone Inc legitimate?
Hotzone Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hotzone 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: $0
For more financial information, click here
What is the mission statement of Hotzone Inc?
Hotzone Inc's primary mission is to educate conference attendees on hazardous materials (Hazmat), terrorism, and safety concerns. They accomplish this by organizing conferences and providing comprehensive instruction in these areas. Notably, they offer 186 scholarships to cover conference fees and lodging expenses, making their learning opportunities more accessible. In essence, Hotzone Inc aims to equip individuals with the necessary knowledge to navigate and respond effectively to potential hazards and threats, promoting safety and preparedness.
Who is the CEO of Hotzone Inc?
Stanley Indest is the President of Hotzone Inc.
What is the revenue of Hotzone Inc?
Hotzone Inc's revenue in 2022 was $156,924.
Who are the executives of Hotzone Inc and what are their salaries?
Here are 4 key members and their salaries:
- 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 Hotzone Inc?
Hotzone Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hotzone Inc
Hotzone Inc, as a nonprofit organization, is committed to educating conference attendees on hazardous materials (Hazmat), terrorism, and safety issues. Their mission is to provide comprehensive instruction in these critical areas, aiming to equip individuals with the necessary knowledge to navigate potential threats and emergencies. To fulfill this mission, Hotzone Inc organized a conference dedicated to Hazmat, terrorism, and safety training. In an effort to make this knowledge accessible, the organization offered 186 scholarships, covering both conference fees and lodging expenses for the recipients.
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Impact
October, 2024
Hotzone Inc has made a significant impact by providing critical education on hazardous materials, terrorism, and safety issues. Through the organization of a specialized conference, they have facilitated knowledge sharing among attendees, equipping them with essential skills and information to handle potential crises effectively. By offering 186 scholarships, Hotzone Inc has ensured that a diverse range of participants, regardless of financial means, can access vital training that enhances public safety. Their initiatives not only raise awareness but also foster a proactive approach to managing hazards and emergencies, ultimately contributing to safer communities in Pearland, TX, and beyond.
This information is meant to be a general summary of Hotzone 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.
- Gross Receipts: $156,924
Assets and Liabilities:
- Total Assets: $110,214
- Total Liabilities: $0
- Net Assets: $110,214
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Organization Details
Founding Year
1999
Principal Officer
Stanley Indest
Main Address
11613 WATERWOOD, Pearland, TX, 77584
NTEE Category
Code: M40 - Public safety
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