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Heroes New Hope 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: 812766352 ✦ Sullivan, IN ✦ Designated as a 501(c)(3)

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Overview

What is Heroes New Hope Foundation Inc?

Heroes New Hope Foundation Inc, located in Sullivan, Indiana, is a dedicated nonprofit organization. Their primary mission is to support disabled veterans and other individuals with disabilities by offering recreational activities. These activities are designed to aid in their mental and physical healing. The foundation, with a strong focus on their community, is situated at 2905 S COUNTY ROAD 350 E. They strive to make a positive impact by providing an environment that promotes healing and well-being for those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (73%)

Heroes New Hope Foundation Inc has received a rating of "Needs Improvement" from Charity Navigator, indicating that while the organization exhibits some strong governance practices, there are significant areas that require attention. The foundation boasts a solid accountability and finance score, particularly noting that it has no material diversion of assets and maintains a 100% program expense ratio. This suggests that all of its expenses are directed towards its programs, which is a positive indicator of its operational focus.

However, the organization faces challenges in its governance policies. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. This absence of critical governance frameworks may pose risks to the organization’s integrity and transparency. Additionally, the foundation does not provide its tax forms on its website, which is another area for improvement in terms of accountability and public trust.

Overall, while Heroes New Hope Foundation Inc demonstrates a commitment to directing funds towards its mission, the lack of governance policies and transparency measures may hinder its overall effectiveness and public perception. Addressing these weaknesses could enhance the organization's rating and foster greater confidence among its supporters and beneficiaries.


This AI summary has been generated from information found on Charity Navigator.

Is Heroes New Hope Foundation Inc legitimate?

Heroes New Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heroes New Hope 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: $0

For more financial information, click here

What is the mission statement of Heroes New Hope Foundation Inc?

The Heroes New Hope Foundation Inc's mission revolves around supporting disabled veterans and other individuals with disabilities. Their primary objective is to facilitate recreational activities, which aid in both their mental and physical healing. By providing these activities, the foundation aims to contribute positively to the overall well-being of its beneficiaries. The foundation's work is centered around helping these individuals cope with their challenges and improve their quality of life.

Who is the CEO of Heroes New Hope Foundation Inc?

Scott A Goodman is the President of Heroes New Hope Foundation Inc.

What is the revenue of Heroes New Hope Foundation Inc?

Heroes New Hope Foundation Inc's revenue in 2022 was $61,899.

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

There 5 volunteers at Heroes New Hope Foundation Inc.


Here are 7 key members and their salaries:


Scott Goodman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Secrest (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Russell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Kimmery (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Heroes New Hope Foundation Inc?

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

Mission Statement of Heroes New Hope Foundation Inc

Heroes New Hope Foundation Inc, a nonprofit organization, is dedicated to supporting the mental and physical healing of disabled veterans and other disabled individuals. Their mission is to provide recreational activities, serving as a crucial aid in their recovery process. By offering these activities, the foundation aims to contribute to the overall well-being of these individuals, helping them to lead more fulfilling lives.

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Impact




August, 2024

Heroes New Hope Foundation Inc is dedicated to working with disabled veterans and other disabled individuals to provide recreational activities that support their mental and physical healing. They focus on offering crucial support and resources to help these individuals lead fulfilling lives despite their challenges. This impactful work positively impacts the lives of disabled veterans and others in need by promoting their overall well-being and enhancing their quality of life.




This information is meant to be a general summary of Heroes New Hope 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
$61,899 (2022)
Expenses
$63,304 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $61,899

Assets and Liabilities:

  • Total Assets: $52,248
  • Total Liabilities: $0
  • Net Assets: $52,248

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Organization Details

Founding Year

2016

Principal Officer

Scott A Goodman

Main Address

2905 S COUNTY ROAD 350 E, SULLIVAN, IN, 47882

NTEE Category

Code: P12 - Human services

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