Overview
What is Giving Hope Inc?
Giving Hope Inc, headquartered in Sioux Falls, South Dakota, is a nonprofit organization committed to enhancing the lives of children and families within the Sioux Empire. By supporting various organizations, Giving Hope Inc contributes to initiatives such as feeding programs, mentorship, healthcare, clothing, protection, development programs, education, and scientific research. This is achieved through grant distributions to eligible organizations that have submitted an application to Giving Hope Inc, outlining the intended use of the funding. Additionally, the organization's charitable bingo operation significantly contributes to the fund distribution for these causes. Giving Hope Inc's mission is to positively impact the community, aligning with the charitable education or scientific purposes outlined in section 501C3.
Official website here: www.givinghopesf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating.
Giving Hope Inc. has received a 68% score from Charity Navigator, which translates to a Two-Star rating. This rating indicates that while the organization demonstrates accountability and financial responsibility, there are areas needing improvement, particularly in governance policies. The primary strength lies in its solid accountability metrics, including a high percentage of independent board members and a clean record regarding the diversion of assets.
Key strengths of Giving Hope Inc. include a strong program expense ratio, showing that 100% of its expenses are dedicated to its programs. The organization also maintains a majority independent board and has demonstrated proper documentation practices. However, the absence of key governance policies, such as a conflict of interest and whistleblower policy, reflects areas where the organization could enhance its governance framework and transparency.
While Giving Hope Inc. shows promise in several areas, the absence of crucial policies suggests a need for greater oversight and accountability. Addressing these gaps could not only improve its rating but also bolster donor confidence and trust in its operations. Overall, the organization displays a commitment to its mission, but efforts to strengthen governance and policy adherence are vital for future growth and trust-building.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Giving Hope Inc?
80% of 396 reviewers on Facebook recommend Giving Hope Inc. Here is a summary of their reviews:
Many reviewers express appreciation for the atmosphere created by Giving Hope Inc., particularly highlighting Burnside Bingo as a valuable outlet for relaxation and enjoyment. Users describe the organization as a welcoming place where families can come together for fun experiences.
The positive sentiment is largely centered around the staff, who are often recognized for their friendliness and supportiveness, enhancing the overall enjoyment of the events. Overall, the nonprofit seems to effectively fulfill a role in the community, offering a safe space for entertainment and connection.
This AI summary has been generated from reviews found on Facebook.
Is Giving Hope Inc legitimate?
Giving Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Giving Hope 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: $104,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,897
For more financial information, click here
Official website here: www.givinghopesf.org
What is the mission statement of Giving Hope Inc?
Giving Hope Inc is organized with the mission to positively impact the lives of children and families, focusing on charitable education or scientific purposes. The corporation achieves this by supporting organizations that serve youth and families through various programs, including feeding programs, mentorship, healthcare, clothing, protection, development programs, education, or scientific research. They provide grants to organizations that submit a request and identify the purpose of the grant, with Giving Hope Inc's charitable bingo operation contributing a significant portion of the funds distributed to these organizations.
Official website here: www.givinghopesf.org
What is the revenue of Giving Hope Inc?
Giving Hope Inc's revenue in 2023 was $826,569.
Official website here: www.givinghopesf.org
Who are the executives of Giving Hope Inc and what are their salaries?
The average compensation at Giving Hope Inc during 2023 was $9,506. There are 36 employees at Giving Hope Inc.
Here are 6 key members and their salaries:
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- Compensation: $104,335
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- Other: $0
Official website here: www.givinghopesf.org
Where can I find the form 990 for Giving Hope Inc?
Giving Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.givinghopesf.org
Learn more at the official website: www.givinghopesf.org
Mission Statement of Giving Hope Inc
Giving Hope Inc, as a charitable organization, is dedicated to positively impacting the lives of children and families within its sphere of influence. Its mission is twofold: firstly, it aims to support organizations that cater to the needs of youth and families through various programs, such as feeding initiatives, mentorship, healthcare, clothing provision, protection services, development programs, education, and scientific research. Secondly, Giving Hope Inc achieves its charitable objectives by granting funds to organizations that have submitted a request for financial aid, specifying the intended purpose of the grant. Furthermore, the organization's charitable bingo operations contribute a substantial portion of its earnings to these supported organizations. In essence, Giving Hope Inc serves as a conduit, channeling resources to nonprofits that share its commitment to improving the lives of young people and their families.
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Impact
July, 2024
Giving Hope Inc positively impacts the lives of children and families in the Sioux Empire by supporting organizations that provide essential services such as feeding programs, mentorship, healthcare, clothing, protection, development programs, and education. Through its charitable bingo operation, Giving Hope Inc generates funds that are granted to organizations serving youth and families in need. These grants play a crucial role in addressing various social challenges and improving the well-being of the community.
This information is meant to be a general summary of Giving Hope 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $444
- Program Service Revenue: $33,971
- Gross Receipts: $2,292,056
Assets and Liabilities:
- Total Assets: $273,516
- Total Liabilities: $140,798
- Net Assets: $132,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$33,971
Organization Details
Founding Year
2016
Principal Officer
Neil Hlebichuk
Website
www.givinghopesf.orgNTEE Category
Code: P20 - Human services
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