Overview
What is Hope For Tomorrow Foundation?
Hope For Tomorrow Foundation is a nonprofit organization based in Portsmouth, New Hampshire, specifically at 315 Banfield Road. The foundation is not explicitly stated in the information, but it appears to be associated with Saint Patrick Academy, a private Catholic school serving students from preschool to eighth grade. The school's mission is rooted in the Catholic faith, fostering spiritual growth, academic excellence, and a love for the good, the true, and the beautiful. The total employee count for this organization is 46. While the exact role of Hope For Tomorrow Foundation within this context is not specified, it could potentially support or contribute to the mission of Saint Patrick Academy.
Official website here: www.saintpatrickacademy.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Hope For Tomorrow Foundation has achieved a notable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The foundation's score is derived entirely from its exceptional accountability metrics, which indicates a high level of transparency and responsible financial management.
With 80% of its board members being independent, the organization demonstrates a robust governance structure that supports impartial decision-making. The foundation has also received full points in various categories, including its audit and oversight committee and conflict of interest policies, showcasing its dedication to ethical practices and oversight.
The organization allocates a significant portion of its expenses, 81.05%, directly towards its programs, which highlights its focus on mission-driven work. This commitment to investing in its programs, combined with a low liabilities to assets ratio of 10.16%, suggests a healthy financial position, though ongoing monitoring will be vital to maintain this status. Overall, the Hope For Tomorrow Foundation is positioned as a trustworthy and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Hope For Tomorrow Foundation legitimate?
Hope For Tomorrow Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Tomorrow 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:
Executive Compensation: $215,176
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,277,459
For more financial information, click here
Official website here: www.saintpatrickacademy.org/
What is the mission statement of Hope For Tomorrow Foundation?
The Hope For Tomorrow Foundation, through its affiliated Catholic school, Saint Patrick Academy, is committed to providing a well-rounded education that combines spiritual growth, academic excellence, and character development. The institution encourages a joyful learning environment, nurturing virtues and fostering a love for the good, the true, and the beautiful. The school's mission is to equip students from preschool to eighth grade with the necessary skills and values, aiming to shape them into responsible and virtuous individuals.
Official website here: www.saintpatrickacademy.org/
Who is the CEO of Hope For Tomorrow Foundation?
James Melone is the Head Of School of Hope For Tomorrow Foundation.
Official website here: www.saintpatrickacademy.org/
What is the revenue of Hope For Tomorrow Foundation?
Hope For Tomorrow Foundation's revenue in 2022 was $3,014,850.
Official website here: www.saintpatrickacademy.org/
Who are the executives of Hope For Tomorrow Foundation and what are their salaries?
The average compensation at Hope For Tomorrow Foundation during 2022 was $32,449. There are 46 employees and 50 volunteers at Hope For Tomorrow Foundation.
Here are 7 key members and their salaries:
- Compensation: $35,029
- 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: $160,277
- Related: $0
- Other: $25,909
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.saintpatrickacademy.org/
Where can I find the form 990 for Hope For Tomorrow Foundation?
Hope For Tomorrow Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saintpatrickacademy.org/
Learn more at the official website: www.saintpatrickacademy.org/
Mission Statement of Hope For Tomorrow Foundation
Hope For Tomorrow Foundation, as a private Catholic institution, is dedicated to providing an exceptional education that encompasses faith, academics, leadership, and virtue. Located in Portsmouth, New Hampshire, Saint Patrick Academy, the school operated by the foundation, serves students from preschool to eighth grade. The mission of Hope For Tomorrow Foundation, as embodied by Saint Patrick Academy, is centered around instilling spiritual growth and fostering a deep appreciation for the good, the true, and the beautiful. The Academy strives to impart these values to its students, creating a joyful and holistic learning environment that nurtures their intellectual and moral development.
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Impact
July, 2024
Hope For Tomorrow Foundation's impact can be seen through Saint Patrick Academy in Portsmouth, NH. This private Catholic school serves students from preschool through eighth grade, instilling values of spiritual growth, academic excellence, and a love for the good, the true, and the beautiful. The Academy provides a truly joyful and holistic education that focuses on faith, academics, leadership, and virtue. By nurturing young minds and instilling moral principles, Saint Patrick Academy is shaping the leaders of tomorrow.
This information is meant to be a general summary of Hope For Tomorrow 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: $2,057
- Program Service Revenue: $2,158,971
- Gross Receipts: $3,064,449
Assets and Liabilities:
- Total Assets: $16,602,432
- Total Liabilities: $1,681,310
- Net Assets: $14,921,122
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$1,804,721
Student program fees
Revenue
$354,250
Organization Details
Founding Year
2016
Phone
(603) 436-0379Principal Officer
James Melone
Main Address
315 Banfield Road, Portsmouth, NH, 03801
Website
www.saintpatrickacademy.org/NTEE Category
Code: B20 - Education
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