Overview
What is Matthew's Hope Foundation Inc?
Matthew's Hope Foundation Inc is a non-profit organization based in Houston, Texas, specifically at 2900 NORTH LOOP WEST SUITE 700-A, working tirelessly to combat the nation's opioid epidemic. Their mission encompasses educating affected individuals and offering treatment assistance through an abstinence-based, intensive program that incorporates unique microcurrent neurofeedback sessions. The foundation operates a hospital-based drug and alcohol detoxification program, and their work extends beyond this to include an innovative inpatient recovery and aftercare model. They strive to improve lives and contribute to a healthier society by addressing this critical issue head-on.
Official website here: www.matthewshope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Matthew's Hope Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a 77% score based primarily on its Accountability and Finance criteria. This rating indicates a commitment to transparency and responsible financial management, though it highlights areas where improvements are needed, particularly in board independence.
The organization showcases strong financial management indicators with a high program expense ratio of 96.98%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. However, the accountability score is affected by the low percentage of independent board members, which can raise concerns about governance and oversight.
Notably, the foundation has established various policies for governance, such as conflict of interest and whistleblower policies, and has made its financial statements accessible on its website. Nonetheless, the absence of financial statements in their evaluation is a significant limitation, limiting the overall assessment of their financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Matthew's Hope Foundation Inc legitimate?
Matthew's Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew's 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: $199,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,241
For more financial information, click here
Official website here: www.matthewshope.org
What is the mission statement of Matthew's Hope Foundation Inc?
The Matthew's Hope Foundation Inc aims to put an end to the opioid epidemic in the nation by providing education and treatment to those affected. Their approach involves abstinence-based intensive treatment, enhanced with unique microcurrent neurofeedback sessions. The foundation offers a hospital-based drug and alcohol detoxification program, followed by an innovative inpatient recovery and aftercare model. Their mission is to offer alternatives for treatment and help individuals overcome addiction.
Official website here: www.matthewshope.org
Who is the CEO of Matthew's Hope Foundation Inc?
Lawrence J Wedekind is the Director & Executive Director of Matthew's Hope Foundation Inc. The CEO's salary of Matthew's Hope Foundation Inc is $0 and their total compensation is $0.
Official website here: www.matthewshope.org
What is the revenue of Matthew's Hope Foundation Inc?
Matthew's Hope Foundation Inc's revenue in 2022 was $1,533,425.
Official website here: www.matthewshope.org
Who are the executives of Matthew's Hope Foundation Inc and what are their salaries?
The average compensation at Matthew's Hope Foundation Inc during 2022 was $49,249. There are 13 employees at Matthew's Hope Foundation Inc.
Here are 8 key members and their salaries (Matthew's Hope Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $96,000
- Related: $0
- Other: $10,135
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $103,000
- Related: $0
- Other: $10,135
Official website here: www.matthewshope.org
Where can I find the form 990 for Matthew's Hope Foundation Inc?
Matthew's Hope Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.matthewshope.org
Learn more at the official website: www.matthewshope.org
Mission Statement of Matthew's Hope Foundation Inc
The Matthew's Hope Foundation Inc, a pioneering nonprofit organization, is dedicated to eradicating the opioid epidemic in the country. Their mission is multifaceted, encompassing education for all those affected and offering treatment alternatives through intensive, abstinence-based programs.
Notably, they employ a unique methodology called microcurrent neurofeedback sessions, which are integrated into their treatment regimen. This approach aims to provide a comprehensive solution to those struggling with addiction.
The Matthew's Hope Foundation Inc operates a hospital-based drug and alcohol detoxification program, along with an innovative inpatient recovery aftercare model. Their operations are currently centered around the St. Joseph Medical Center in Houston, Texas, where they offer their specialized services. The foundation's mission is to provide hope and healing to those battling substance abuse, working tirelessly towards a future free of opioid addiction.
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Impact
June, 2024
Matthew's Hope Foundation Inc is making a significant impact in combating our country's opioid epidemic by providing education and treatment assistance to those affected. Through their proprietary, advanced detoxification program and inpatient recovery model, along with innovative microcurrent neurofeedback sessions, they are offering alternatives to address substance abuse issues. Based in Houston, Texas, the foundation is dedicated to ending the opioid crisis through intensive treatment and specialized care at the St. Joseph Medical Center. Their focus on abstinence-based approaches and mental health support is a critical step in addressing this pressing public health issue.
This information is meant to be a general summary of Matthew's 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$30,025
- Program Service Revenue: $818,340
- Gross Receipts: $2,063,450
Assets and Liabilities:
- Total Assets: $406,153
- Total Liabilities: $90,317
- Net Assets: $315,836
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SMJC PROGRAM FEES
Revenue
$795,000
PROGRAM SERVICE FEES
Revenue
$23,340
Organization Details
Founding Year
2016
Phone
(281) 591-5265Principal Officer
Lawrence J Wedekind
Main Address
2900 NORTH LOOP WEST SUITE 700-A, HOUSTON, TX, 770928868
Website
www.matthewshope.orgNTEE Category
Code: F21 - Mental health
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