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Brook Of Hope Inc

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

EIN: 815017718 ✦ North royalton, OH ✦ Designated as a 501(c)(3)

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Overview

What is Brook Of Hope Inc?

Brook Of Hope Inc is a nonprofit organization located in North Royalton, Ohio, with an address at 8478 Ridge Road. This religious charitable organization plays a significant role in its community, offering Sunday religious services for its members. Beyond spiritual support, Brook Of Hope Inc extends its reach to the less fortunate among its members, providing them with necessary medical aid and equipment. The organization's mission encompasses both spiritual and charitable endeavors, aiming to uplift its members and support those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Brook Of Hope Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas. The overall score of 67% reflects some strengths, particularly in program expenses, where 100% of its expenses are directed towards its programs. However, the organization faces significant concerns regarding its governance and transparency, notably the lack of independent board members and missing essential documents on its website.

One of the key strengths of Brook Of Hope Inc is its commitment to using all its funds for programmatic purposes. Additionally, the organization has a conflict of interest policy and maintains proper board meeting minutes, demonstrating a degree of organizational diligence. However, the absence of independent board members raises questions about oversight and accountability, which is critical for building trust with stakeholders.

Further limitations include missing important documents such as the tax form on its website and a whistleblower policy, which could enhance transparency and protect staff and stakeholders. Overall, while the nonprofit shows a strong focus on its mission through program spending, it must address its governance practices to improve its rating and trustworthiness in the nonprofit sector.


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

Is Brook Of Hope Inc legitimate?

Brook Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brook Of 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Brook Of Hope Inc?

Brook Of Hope Inc, as a religious charitable organization, is dedicated to serving its members by offering Sunday religious services. Beyond religious endeavors, the organization extends its reach to those in need, providing charitable assistance to less fortunate members. Their mission is multifaceted, involving religious worship and compassionate aid. They have demonstrated this commitment by offering medical equipment and medical aid to Ukrainian Churches, indicating their dedication to supporting the community's health needs.

Who is the CEO of Brook Of Hope Inc?

Mykola Kachaluba is the President of Brook Of Hope Inc.

What is the revenue of Brook Of Hope Inc?

Brook Of Hope Inc's revenue in 2022 was $1,078,851.

Who are the executives of Brook Of Hope Inc and what are their salaries?


Here are 3 key members and their salaries:


Oksana Molotkovska (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikhail Khilkovets (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mykola Kachaluba (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Brook Of Hope Inc?

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

Mission Statement of Brook Of Hope Inc

Brook Of Hope Inc, as a religious charitable organization, is committed to serving its members by offering Sunday religious services. Beyond religious gatherings, the organization also extends its reach to less fortunate members, providing them with charitable aid and support. Specifically, Brook Of Hope Inc has offered medical equipment and medical aid to Ukrainian Churches, demonstrating its dedication to assisting those in need, both within and beyond its own community. This mission reflects the organization's compassionate and inclusive approach, aiming to uplift and support its members and those in need, rooted in its religious beliefs.

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Impact




July, 2024

Brook Of Hope Inc has made a significant impact by providing support, medical equipment, and medical aid to Ukrainian Churches. Their charitable efforts have helped less fortunate members and have contributed positively to the community.




This information is meant to be a general summary of Brook Of 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.

Revenue
$1,078,851 (2022)
Expenses
$1,095,574 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,078,851

Assets and Liabilities:

  • Total Assets: $27,976
  • Total Liabilities: $0
  • Net Assets: $27,976

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Organization Details

Founding Year

2017

Principal Officer

Mykola Kachaluba

Main Address

8478 Ridge Road, North Royalton, OH, 44133

NTEE Category

Code: Q33 - International

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