Overview
What is Kta Funding Hope Foundation?
Kta Funding Hope Foundation is a charitable organization based in Berwyn, Pennsylvania, specifically located at 920 Cassatt Road 205. Their mission is deeply rooted in providing hope and support to disadvantaged individuals and animals within their community. In 2022, they generously distributed grants to seven organizations that share their commitment to uplifting those in need. The foundation's passion lies in inspiring hope and making a positive impact on the lives and spirits of disadvantaged individuals and animals in their community.
Official website here: www.ktadv.com/kta-funding-hope
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Kta Funding Hope Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. The foundation’s overall score is based entirely on its strong performance in this area, signaling a high level of transparency and responsible management of financial resources.
Key strengths of the organization include having a fully independent board, with all 11 members meeting the criteria for independence. The foundation shows no material diversion of assets and has comprehensive policies in place for conflicts of interest and whistleblower protections. Additionally, it maintains a low liabilities to assets ratio of 0.72%, indicating solid financial health.
One notable highlight is the foundation's program expense ratio of 86.50%, demonstrating that a significant portion of its funds is directed toward its programs rather than administrative costs. Overall, this strong financial standing and commitment to best practices underscore the foundation's effectiveness and reliability in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Kta Funding Hope Foundation legitimate?
Kta Funding Hope Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kta Funding Hope Foundation 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:
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For more financial information, click here
Official website here: www.ktadv.com/kta-funding-hope
What is the mission statement of Kta Funding Hope Foundation?
The Kta Funding Hope Foundation is committed to funding hope for individuals and animals within their community. Their mission is to inspire hope in disadvantaged individuals and animals, with the goal of improving their lives and spirits. Throughout 2022, the foundation granted funds to seven organizations that support disadvantaged individuals. In essence, the Kta Funding Hope Foundation aims to make a positive impact on the lives of those in need, both human and animal, in their community.
Official website here: www.ktadv.com/kta-funding-hope
Who is the CEO of Kta Funding Hope Foundation?
David Kovach is the President, Chair of Kta Funding Hope Foundation.
Official website here: www.ktadv.com/kta-funding-hope
What is the revenue of Kta Funding Hope Foundation?
Kta Funding Hope Foundation's revenue in 2022 was $24,199.
Official website here: www.ktadv.com/kta-funding-hope
Who are the executives of Kta Funding Hope Foundation and what are their salaries?
There 18 volunteers at Kta Funding Hope Foundation.
Here are 12 key members and their salaries:
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Official website here: www.ktadv.com/kta-funding-hope
Where can I find the form 990 for Kta Funding Hope Foundation?
Kta Funding Hope Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ktadv.com/kta-funding-hope
Learn more at the official website: www.ktadv.com/kta-funding-hope
Mission Statement of Kta Funding Hope Foundation
Kta Funding Hope Foundation, with a passion to inspire hope, is committed to funding initiatives that better the lives and spirits of disadvantaged individuals and animals in the community. The foundation's mission is to dedicate its resources towards fostering hope, aiming to make a positive impact on these vulnerable groups. In practice, Kta Funding Hope Foundation accomplishes this by providing financial assistance to organizations that share its vision. During 2022, the foundation awarded grants to seven such organizations, further cementing its dedication to its mission. By supporting these organizations, Kta Funding Hope Foundation plays an active role in uplifting the community, instilling hope, and improving the well-being of disadvantaged individuals and animals.
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Impact
August, 2024
Kta Funding Hope Foundation has had a significant impact on our community by awarding grants to organizations that support disadvantaged individuals. Through their dedicated efforts, they have inspired hope in those who are facing challenges, helping to improve their lives and spirits. Their commitment to funding hope for both individuals and animals has made a positive difference in our community.
This information is meant to be a general summary of Kta Funding Hope Foundation. 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: $17,624
- Gross Receipts: $169,260
Assets and Liabilities:
- Total Assets: $466,415
- Total Liabilities: $0
- Net Assets: $466,415
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Organization Details
Founding Year
2016
Phone
(610) 722-3356Principal Officer
David Kovach
Main Address
920 CASSATT ROAD 205, BERWYN, PA, 19312
NTEE Category
Code: T30 - Philanthropy
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