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Hope Floats Foundation Inc

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

EIN: 812681890 ✦ Simsbury, CT ✦ Designated as a 501(c)(3)

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Overview

What is Hope Floats Foundation Inc?

Hope Floats Foundation Inc, based in Simsbury, Connecticut, is a nonprofit organization that focuses on providing swim lesson scholarships for children from financially vulnerable families. Established with a mission to reduce the risk of drowning, which is a leading cause of child fatalities, the foundation partners with high-quality swim schools across the United States. In 2022 alone, Hope Floats funded 642 individual scholarships, resulting in 7,704 lessons. The foundation's work is instrumental in enabling children to learn this essential life skill, ensuring that they have the opportunity to benefit from swim lessons, even if their families cannot afford the cost. With a small team of two dedicated individuals, Hope Floats Foundation continues to make a significant impact in communities across the nation.


Official website here: www.hopefloats.foundation

What do the Facebook reviews say about Hope Floats Foundation Inc?

Hope Floats Foundation Inc is highly regarded by its supporters. With four reviews on Facebook, the nonprofit focuses on providing scholarships for swim lessons to underprivileged children to help prevent drowning. This mission resonates strongly with those who appreciate the organization's efforts to make water safety accessible to all.

The sentiments expressed in the reviews indicate that the organization is making a positive impact in the community. Reviewers are enthusiastic about the foundation’s commitment to addressing a critical issue and helping children gain essential swimming skills. This dedication to serving less fortunate families underscores the nonprofit's effectiveness in delivering on its promises.

Overall, the feedback reflects a strong endorsement of Hope Floats Foundation Inc, highlighting its noble objectives and the positive change it aims to create through its programs.


This AI summary has been generated from reviews found on Facebook.

Is Hope Floats Foundation Inc legitimate?

Hope Floats Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Floats Foundation 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: $65,728

For more financial information, click here


Official website here: www.hopefloats.foundation

What is the mission statement of Hope Floats Foundation Inc?

The Hope Floats Foundation's mission is centered around providing swim lesson scholarships for financially disadvantaged children. This organization partners with high-quality swim schools to make sure that all children have the opportunity to learn this crucial life skill. Drowning is a significant risk for children, and formal swimming lessons can reduce this risk by 88%. By collaborating with swim schools, the foundation aims to ensure that these institutions have the necessary resources to offer swimming lessons in their local communities, thereby promoting water safety and equality in access to essential skills.


Official website here: www.hopefloats.foundation

Who is the CEO of Hope Floats Foundation Inc?

Kristin Mabrouk is the Principal Officer of Hope Floats Foundation Inc.


Official website here: www.hopefloats.foundation

What is the revenue of Hope Floats Foundation Inc?

Hope Floats Foundation Inc's revenue in 2022 was $387,795.


Official website here: www.hopefloats.foundation

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

The average compensation at Hope Floats Foundation Inc during 2022 was $32,864. There are 2 employees and 15 volunteers at Hope Floats Foundation Inc.


Here are 11 key members and their salaries:


Jill Mchugh (Executive Director)
  • Compensation: $57,603
  • Related: $0
  • Other: $0
Amanda Beard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janaiha Bennett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marquetta Drakes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Judge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kirk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Sahlein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Thomas Ii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Tonnesen (Founder, President Through 7/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Tonnesen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Vandenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopefloats.foundation

Where can I find the form 990 for Hope Floats Foundation Inc?

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


Official website here: www.hopefloats.foundation

Learn more at the official website: www.hopefloats.foundation

Mission Statement of Hope Floats Foundation Inc

Hope Floats Foundation, a nonprofit organization, collaborates with renowned swim schools to offer scholarship programs for children from financially disadvantaged families. Their mission is rooted in the pressing concern that drowning is a leading cause of death among children. By providing access to formal swimming lessons, Hope Floats Foundation aims to reduce the risk of drowning by an impressive 88%. The foundation's ultimate goal is to ensure that every child has the opportunity to learn this vital life skill. To achieve this, Hope Floats Foundation partners with local swim schools, empowering them to make a difference in their communities by offering affordable swimming lessons to families who otherwise cannot afford them.

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Impact




October, 2024

Hope Floats Foundation Inc significantly enhances community safety and children's well-being by providing access to essential swim lessons for families facing financial challenges. In 2022, the foundation made a profound impact by funding 642 individual scholarships, translating to a remarkable total of 7,704 swim lessons for children at various partner swim schools across the United States.

By partnering with high-quality swim schools, Hope Floats Foundation ensures that every child, regardless of their family's economic situation, has the opportunity to learn this vital life skill. Given that drowning remains one of the leading causes of death for children, the foundation's efforts directly contribute to reducing this risk; research shows that participation in formal swimming lessons can decrease the likelihood of drowning by up to 88 percent.

In addition to enhancing safety, the foundation fosters community engagement by supporting local swim schools, enabling them to provide resources necessary for delivering effective swimming instruction. Through these initiatives, Hope Floats Foundation is not only teaching children to swim but also instilling confidence, resilience, and a sense of community spirit.




This information is meant to be a general summary of Hope Floats Foundation 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
$387,795 (2022)
Expenses
$346,406 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $45
  • Gross Receipts: $387,795

Assets and Liabilities:

  • Total Assets: $400,542
  • Total Liabilities: $564
  • Net Assets: $399,978

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Organization Details

Founding Year

2017

Principal Officer

Kristin Mabrouk

Main Address

PO Box 23, Simsbury, CT, 06070

NTEE Category

Code: N67 - Recreation

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