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Reignite Hope

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

EIN: 813244816 ✦ San pedro, CA ✦ Designated as a 501(c)(3)

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Overview

What is Reignite Hope?

Reignite Hope is a nonprofit organization situated in San Pedro, California, with a specific mission to revitalize the lives of former gang members, ex-offenders, and homeless individuals. They achieve this by providing them with essential job skills, focusing on the field of welding. The program, which has successfully graduated 160 students, ensures all graduates earn certification from the American Welding Society (AWS), thereby securing a place in the AWS's national registry of certified welders. With a small team of seven dedicated individuals, Reignite Hope strives to restore hope and dignity in their students, equipping them with the necessary skills to embark on a career in welding.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 78%, Three-Star out of Four Star rating.

Reignite Hope has received a Three-Star rating from Charity Navigator, indicating a solid performance in overall accountability and finance. The organization scored particularly well in the Leadership & Adaptability category, achieving a perfect score of 100. This suggests that Reignite Hope has a strong governance structure and is proactive in adapting to changing circumstances and needs.

In terms of accountability and finance, the charity earned a score of 75, which reflects its commitment to responsible financial practices. Key strengths include having a 100% independent board, no material diversion of assets, and a high program expense ratio of 96.09%, indicating that a significant portion of its resources is directed towards its programs and mission.

While the organization demonstrates a strong commitment to transparency and governance, the overall score suggests there may be areas for improvement in financial accountability. Nonetheless, the robust performance in leadership and adaptability highlights Reignite Hope's potential for making a significant impact in its community.


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

Is Reignite Hope legitimate?

Reignite Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reignite Hope 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: $92,516
Professional Fundraising Fees: $5,835
Other Salaries and Wages: $202,030

For more financial information, click here

What is the mission statement of Reignite Hope?

Reignite Hope, a non-profit organization, focuses on restoring hope and dignity to individuals who have been involved in gangs, served prison time, or are currently homeless. Their mission is achieved by providing them with job skills training in welding, leading to a career in this field. Upon completion of the program, students receive certification from the American Welding Society (AWS) and are included in the AWS national registry of certified welders. The organization's goal is to empower these individuals, helping them to lead more productive and dignified lives.

Who is the CEO of Reignite Hope?

David Wendorff is the Treasurer of Reignite Hope.

What is the revenue of Reignite Hope?

Reignite Hope's revenue in 2022 was $1,069,913.

Who are the executives of Reignite Hope and what are their salaries?

The average compensation at Reignite Hope during 2022 was $42,078. There are 7 employees and 25 volunteers at Reignite Hope.


Here are 6 key members and their salaries:


Steve D Bunyard (President/Direc)
  • Compensation: $92,156
  • Related: $0
  • Other: $0
Max Youell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Duncan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wendorff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hoon Dokko (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Handley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Reignite Hope?

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

Mission Statement of Reignite Hope

Reignite Hope, a nonprofit organization, is committed to restoring hope and dignity to a specific group of individuals. This group includes former gang members, ex-offenders, and the homeless. The organization achieves this by offering them an opportunity to learn job skills, specifically focusing on a career in welding. By doing so, Reignite Hope aims to provide these individuals with a new path and purpose, helping them to reintegrate into society with dignity and self-sufficiency.

The mission of Reignite Hope is carried out through an intensive program that equips its students with the necessary skills to become certified welders. Upon completion of the program, 160 students have successfully graduated, all of whom have been certified by the American Welding Society (AWS). This certification is a significant achievement, as it allows these individuals to enter the workforce with a valuable skill set, improving their chances of securing employment and building a stable future. The names of these graduates are also included in the AWS national registry of certified welders, further validating their skills and credentials.

By offering this welding program, Reignite Hope is not only providing its students with a means to earn a living but also restoring their self-worth and confidence. The organization's mission is a testament to its commitment to helping those in need, offering them a second chance at life and a chance to break the cycle of poverty and crime. Through its welding program, Reignite Hope is making a real and tangible difference in the lives of former gang members, ex-offenders, and the homeless, giving them the tools they need to rebuild their lives and reclaim their dignity.

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Impact




July, 2024

Reignite Hope's impact can be seen in the lives of 160 individuals who have graduated from their program in SAN PEDRO, CA. These former gang members, ex-offenders, and homeless individuals have not only gained job skills in welding but have also been certified by the American Welding Society (AWS). Their names now appear in the AWS national registry of certified welders, opening up new opportunities for them to build a successful career. This initiative is truly restoring hope and dignity to those who have faced challenges, providing them with the chance to create a better future for themselves.




This information is meant to be a general summary of Reignite Hope. 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
$1,069,913 (2022)
Expenses
$623,063 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $663
  • Gross Receipts: $1,069,913

Assets and Liabilities:

  • Total Assets: $1,206,360
  • Total Liabilities: $38,472
  • Net Assets: $1,167,888

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Organization Details

Founding Year

2016

Principal Officer

David Wendorff

Main Address

2074 Stonewood Court, San Pedro, CA, 90732

NTEE Category

Code: B30 - Education

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